SNAPCHAT THOUGHTS!
We were asked numerous times this weekend about Snapchat stock. We were approached by strangers that listen to us or watch us asking us about it.
We repeat…valuation is a joke…BUT THAT DOES NOT MATTER THIS SECOND. To be clear…WE HAVE ABSOLUTELY NO IDEA WHAT THE STOCK WILL DO IN THE SHORT RUN. Moves are random right now as the pattern of trading just started. As far as valuation and stock price…we all have seen ridiculous valuations go higher as price is only something someone is will to pay for something. We will look for what we call an IPO BASE with SNAPCHAT. That occurs when an issue comes out strong…finds a definable area of support and resistance…possibly probe off of the definable support and jump on board even more if it breaks above resistance knowing the big money, growth crowd does not want to miss out on something that “potentially” can be explosive to the upside. TWITTER (TWTR) did such a move in December 2013 in which it went from $45 to $75 in 3 weeks breaking out from such a base. We are paying attention!
Snap Chat,,, ya whatever….
What about, president Trump, AKA: “Mr. Tweet,” the 17 teen year old “frat boy” we elected president of the USA…. ?
I hear his dad also bough him a car…
High strung
Think skin
Adolescent, pre pubescent… kid, in a man’s body…
Da Donald Trump…
Gezz, what an idiot !
Every time I think our president has at last pulled his head out of his ass, he sticks his head right back in.
Still though, better President “frat boy” Trump, than President Hillary Clinton, …..but that’s the only good I can say….
The man is fast becoming a national…… ( International ) embarrassment…
Somebody,, please ( !), take his tweet button away !
x
Ok, back to the cemetery, I’m shooting pebbles off Jewish tombstones with my BB gun.
My BB gun has a scope on it….
Three shots; ping… ping… ping…, three bull’s-eyes white feather…