While SNAP looks unpredictable. But I don't exclude the possibility that it will be in the range of $20-25 next week.
Yes, they were talking about your blessing all over twitter today. Many became wealthy beyond measure following the insight.
I'm gonna bookmark this here for future reference. https://snap-otp.tools.investis.com...&FilingId=11884697&CIK=0001564408&Index=10000
Soes - chill out, stick to the facts. I don't use Twitter and never endorsed Snap. 44% is a huge one day gain, if you had a big position in it you could be set for life. So quit being such a downer - you sound like a sore loser. Stop plastering false info.
No one plans to become set for life as a result of a 44% gain. Those founders and main investors will continue to do what they do -- and they were already kind of cushioned even before this IPO. To be set for life as a retail trader...you'd need to grow and compound your leverage or options acct fully in into around a couple million after a series of good bets/trades In an almost Perfect storm scenario...this all could happen in less than a year, or even just six months. But this is really bold. I would stretch that time horizon into two years, and reduce that goal to a million.
Let me explain how IPO's work - you have to be high net worth (over 2 million) to get in with a good sized position. Hence many in this IPO could take a decade or two off and party in paradise based on that one trade.
http://www.marketwatch.com/story/sn...hares-in-snap-ipo-2017-03-01?siteid=rss&rss=1 http://finance.yahoo.com/news/california-high-school-makes-24-101344470.html