Has anyone speculated in the past on the upside $SNAPstock ?

Community

· Nov 24

Has anyone speculated in the past on the upside $SNAPstock ?

On Friday the stock was up about 8%, but otherwise the stock hasn't risen in a long time. For me, this is a stock I would never include in a portfolio.

A community member's personal view, not investment advice. Community Guidelines

Nigel Thornton @_thornton Dec 4

I would never invest in a company like that. I know it's popular with kids, but as an investment, it's terrible.

Malcolm Stokes @stokes_malky Dec 4

I agree I see it very similarly. I also don't buy a stock unless the company has some fundamentals.

Gareth Preston @gaz_preston Dec 4

That growth is not at all predictable for this company, so it's terrible speculation.

Clive Bennett @_clivy Dec 4

Maybe someone was lucky and sold at a profit, but that was just luck.

Nigel Thornton @_thornton Dec 4

Exactly, this is really just about some luck.

Ashraf Aboudar @ashraf_dd Nov 26

I would probably never buy the stock, I remember shorting the stock once in rice 2022 and it paid off. I haven't even traded it since.

Bill Combs @billcombs Nov 26

Nice, well it doesn't make sense to me at all, investment-wise at all and speculatively I guess not either.

James Smith @smithonian Nov 24

Speculation, yes, but it stayed that way. I agree with you. I would definitely not put this stock in my portfolio at this time.

Bill Combs @billcombs Nov 26

Exactly, max the speculation, but even on speculation this stock makes no sense to me.

⌘ K

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