J
jmoney74
Guest
Time to short
morekaos
Well-known member
On an IPO i think the only ones who can short in the first week are the syndicate members as no stock has settled till day 3. Without settled stock there is no stock to borrow in order to short. Also options don't usually trade on a stock till it has been out there awhile (month or 2) so the makers can get the premiums figured out.
J
jmoney74
Guest
morekaos said:
No way Snapchat is worth that much.
usctrojancpa
Well-known member
Just wait to short right before the lock up periods for insiders are done because they'll be selling their shares.
morekaos
Well-known member
morekaos said:
Like I said....
Two market watchers who rang the alarm about Twitter see trouble for Snap
Wieser downgraded Twitter to a sell rating in November 2013 immediately after shares were open for trading. Ahead of Twitter's IPO, he had marked the stock a buy. In his sell note, Wieser said Twitter did appear to be fairly valued, but key risks included "a relatively unproven" advertiser proposition, the prospects of "wild swings" in investor sentiment and government regulations related to privacy.
"There are some lessons to be learned from the Twitter IPO," Wieser told CNBC in a phone interview Thursday. He said some investors may indeed be optimistic about the company's intrinsic value, but others may be following the "greater fool theory" in which the stock's price is determined by irrational expectations.
"A difference with Snap is that I don't know that investors necessarily believe that," he said. "Maybe some do."
http://www.cnbc.com/2017/03/03/two-market-watchers-who-rang-the-alarm-about-twitter-see-trouble-for-snap.html
morekaos
Well-known member
Amateur hour
http://nypost.com/2017/03/13/snaps-stock-has-left-a-bunch-of-millennial-investors-under-water/
snaps stock has left a bunch of millennial investors under water
http://nypost.com/2017/03/13/snaps-stock-has-left-a-bunch-of-millennial-investors-under-water/
snaps stock has left a bunch of millennial investors under water
usctrojancpa
Well-known member
morekaos said:
It's kind of sad that even educated millennials can have a lack of common sense.
Check out this interview with JCPenney CEO.
"Starting later this month, shoppers will see signs in the J.C. Penney home departments and on its digital storefront for services in bathroom remodeling, home heating and cooling systems, quick-ship and installed blinds, whole home water solutions, awnings and smart home technology."
http://www.cnbc.com/2017/03/09/jc-penney-wants-to-remodel-your-bathroom.html
In general the margins for bathroom remodels, custom blinds/drapes/shutters etc. are high.
I'll just keep this in my watch list. See if this stock gains traction.
"Starting later this month, shoppers will see signs in the J.C. Penney home departments and on its digital storefront for services in bathroom remodeling, home heating and cooling systems, quick-ship and installed blinds, whole home water solutions, awnings and smart home technology."
http://www.cnbc.com/2017/03/09/jc-penney-wants-to-remodel-your-bathroom.html
In general the margins for bathroom remodels, custom blinds/drapes/shutters etc. are high.
I'll just keep this in my watch list. See if this stock gains traction.
