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Valuist
03-03-2017, 11:39 AM
What a fraud this company is. Valued at $32 billion? There's no way they grow into that valuation. This isn't Facebook or Twitter, which have wide demographics. Nobody over 21 is going to use it. Great short candidate.

barn32
03-03-2017, 09:29 PM
What a fraud this company is. Valued at $32 billion? There's no way they grow into that valuation. This isn't Facebook or Twitter, which have wide demographics. Nobody over 21 is going to use it. Great short candidate.Twitter might have wide demographics, but don't forget how it started out. Check out these two hot IPOs.

PaceAdvantage
03-04-2017, 02:22 AM
My personal favorite in the last decade was CROCS...

ugly ass shoes (in my opinion) + total fad + insane stock price = EPIC FAIL

lamboguy
03-04-2017, 10:05 AM
back in the 90's almost every tech ipo went through the roof for a few years. you never paid a commission on the way in but i used to get socked to the nines on the way out. i paid a boutique firm called Hambrecht and Quist $500 to trade 1000 shares back then. it didn't matter though because they were all rocket rocket ships, some doubled the first day they came out or more. i think those days are gone now, but there are other things you can do to get some smaller pops. like putting money into mutual banks that haven't gone public. having a deposit in those banks makes you eligible to buy their de-mutualized shares. they can go up 10-20% initially. the same with mutual insurance company's where you would have to own an insurance policy with the company.

barn32
03-04-2017, 01:18 PM
You could also speculate on possible takeover candidates, if you don't mind sitting on them for a while.

Two that come to mind are Twitter and Square, although Twitter has been passed on a couple of times already.

Whosonfirst
03-04-2017, 08:51 PM
What a fraud this company is. Valued at $32 billion? There's no way they grow into that valuation. This isn't Facebook or Twitter, which have wide demographics. Nobody over 21 is going to use it. Great short candidate.
A woman friend who's in her late 50's is an avid user and wanted to buy the IPO. I told her to wait until the dust settles. I agree on your valuation comment, but I remember when Priceline was an IPO, I said no way they're worth their ridiculous soaring price at IPO. It stands at 1700 and change today.

barn32
03-04-2017, 09:11 PM
but I remember when Priceline was an IPO, I said no way they're worth their ridiculous soaring price at IPO. It stands at 1700 and change today.William Shatner agreed with you and he sold all of his stock for a mere fraction of what it's worth today.

Valuist
03-05-2017, 01:31 AM
You could also speculate on possible takeover candidates, if you don't mind sitting on them for a while.

Two that come to mind are Twitter and Square, although Twitter has been passed on a couple of times already.

Snap could buy Twitter as TWTR's market cap is roughly only 1/3rd of Snap. I do believe Twitter will be around in 5 years. Snap? That's anyone's guess. What until the lockup is over.

AltonKelsey
03-08-2017, 11:49 PM
A woman friend who's in her late 50's is an avid user and wanted to buy the IPO. I told her to wait until the dust settles. I agree on your valuation comment, but I remember when Priceline was an IPO, I said no way they're worth their ridiculous soaring price at IPO. It stands at 1700 and change today.

Problem is, it went to a split adjusted $7 or so from a high of near $1000 before this huge long term recovery.

It's not the road that kills you its the detours - A. Sorry Seller (circi 1832)

Whosonfirst
03-09-2017, 11:39 AM
Problem is, it went to a split adjusted $7 or so from a high of near $1000 before this huge long term recovery.

It's not the road that kills you its the detours - A. Sorry Seller (circi 1832)

I was in the biz back when it was an IPO and it was a rocket ship right from the start. The Dot.com crash brought it back down over two years, while most of the other dot-com's are gone, it's still around. Never owned it. I think that whole time in history has restrained many of the IPO's since then, rightfully so.

Valuist
03-09-2017, 11:41 AM
The market cap was $34 billion the other day and its already less than $27 billion. Just wait until the lockup is over.