SNAP popped, but will it Crackle?

Discussion in 'Stocks' started by SoesWasBetter, Mar 2, 2017.

  1. Bekim

    Bekim

    Might do what GPRO or TWTR did
     
    #21     Mar 4, 2017
  2. ironchef

    ironchef

    They used to complain about the Boomer generation too.
     
    #22     Mar 4, 2017
  3. haven't seen a red day yet given the current price, that's good! hope no sharks waiting when they see some red.
     
    #23     Mar 6, 2017
  4. The hell is about to begin here.
     
    #24     Mar 6, 2017
  5. Jamie J.

    Jamie J.

    Hmm, SNAP falls greatly today. Sounds not good. Have anything to add, guys?
     
    #25     Mar 6, 2017
  6. Told ya'll this would be shortable this week
     
    #26     Mar 7, 2017
  7. vanzandt

    vanzandt

    Of course it went down... but "shortable" as a trade?
    Not really.
    IPO underwriters are forbidden by rule from lending out shares of the IPO stock within the first 30 days of trading. That means that firms such as Goldman Sachs, Morgan Stanley, Bank of America, JPMorgan Chase, Deutsche Bank, Barclays and Credit Suisse will not be able to lend their shares for the time being.
    http://blogs.wsj.com/moneybeat/2017/03/03/so-you-want-to-short-shares-of-snap/
     
    #27     Mar 7, 2017
  8. Is naked shorting still a thing?
     
    #28     Mar 7, 2017
  9. vanzandt

    vanzandt

    #29     Mar 7, 2017
  10. So anyone taking your advice missed out on a quick 15% gain.
     
    #30     Mar 7, 2017