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Old 03-02-2017, 11:35 AM   #61
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Might be good to buy right now for the short term and make some money with all the excitement. SNAP is going the way of TWTR, nothing but down after all the excitement.
Well, yeah.....when your ROE, EPS estimates and operating income are all in the red, things tend to not go too positively for too long, outside of the initial pop
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Old 03-02-2017, 11:35 AM   #62
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Only a good deal if you got it at 17. How does that work anyway? Who was able to buy at 17? It's at 23.75 now...
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Old 03-02-2017, 11:37 AM   #63
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Only a good deal if you got it at 17. How does that work anyway? Who was able to buy at 17? It's at 23.75 now...
Basically people who have money - hedge funds, brokers, high rollers get first dibs on pre-IPO shares. Apparently I could have bought shares for $17 through Robinhood, but I decided to hold off and now I am regretting it.

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Old 03-02-2017, 11:42 AM   #64
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We hit $25 and I predict that is the highest we are going to see today

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Old 03-02-2017, 11:56 AM   #65
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Basically people who have money - hedge funds, brokers, high rollers get first dibs on pre-IPO shares. Apparently I could have bought shares for $17 through Robinhood, but I decided to hold off and now I am regretting it.
Hind sight is 20/20. This is just gambling.
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Old 03-02-2017, 12:59 PM   #66
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If you're day trading it's great, if you're not it's excessively risky.

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Old 03-02-2017, 01:00 PM   #67
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If you're day trading it's great, if you're not it's excessively risky.

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Day trading IS excessively risky. It's similar to gambling, for the most part.
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Old 03-02-2017, 01:05 PM   #68
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Day trading IS excessively risky. It's similar to gambling, for the most part.
It can be mitigated with the right modeling tools.

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Old 03-02-2017, 01:06 PM   #69
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Day trading IS excessively risky. It's similar to gambling, for the most part.
It's gentlemen's gambling!
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Old 03-02-2017, 01:30 PM   #70
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It can be mitigated with the right modeling tools.

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Yeah, I know a guy with a system for roulette tables, too.

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It's gentlemen's gambling!
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Old 03-02-2017, 02:28 PM   #71
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$SNAP did surprisingly well despite all the naysayers out there. Does anyone happen to know how early those who got stock when they joined the company can sell? I am wondering how that works. I heard they have to hold off for X amount of time. If I were working there I would sell it all while the stock is hyped up and start looking for another startup while the status is there.

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Old 03-02-2017, 02:30 PM   #72
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$SNAP did surprisingly well despite all the naysayers out there. Does anyone happen to know how early those who got stock when they joined the company can sell? I am wondering how that works. I heard they have to hold off for X amount of time. If I were working there I would sell it all while the stock is hyped up and start looking for another startup while the status is there.
A lot of IPO brokers stipulate that closely held shareholders (ie, employees of said firm) can not sell their shares for a set time. Often times it's a year, from what I recall.
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Old 03-02-2017, 02:53 PM   #73
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Basically people who have money - hedge funds, brokers, high rollers get first dibs on pre-IPO shares. Apparently I could have bought shares for $17 through Robinhood, but I decided to hold off and now I am regretting it.
Are you on Robinhood gold?
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Old 03-02-2017, 02:53 PM   #74
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Up 25% on AMD and 13% on NVIDIA for the past couple months
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NVIDIA beat earnings, today should be fun
Nvidia down a little over 15% from where it was at when you said you were up 13%... I'm surprised you didn't update us on that. The S&P 500 is up a little over 4% in that same time period in case anyone was wondering.
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Old 03-02-2017, 03:19 PM   #75
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Yeah, I know a guy with a system for roulette tables, too.
GARCH, VARMAX, and simultaneously dependent systems are a bit different from creating an optimal strategy for independent trials.

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Old 03-02-2017, 03:26 PM   #76
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A lot of IPO brokers stipulate that closely held shareholders (ie, employees of said firm) can not sell their shares for a set time. Often times it's a year, from what I recall.
I worked for a startup before, it's funny how excited everyone got when we went IPO. People are talking like we will all become millionaires. The company spend like crazy, hired a lot more people then we needed at that time. We couldn't sell our shares until a year later. Our stock price was lowered than the IPO price, the CEO was forced to resign, half of the people hired got let go. They were never needed in the first place, the hiring was just to impress wall street. All this madness was all within a year later. I left the company 4 months after the IPO so I didn't witness all the madness only the highs. I sold all my stocks, made a few thousand, not the millionaires that everyone thought we were going to make.
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Old 03-02-2017, 03:39 PM   #77
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I worked for a startup before, it's funny how excited everyone got when we went IPO. People are talking like we will all become millionaires. The company spend like crazy, hired a lot more people then we needed at that time. We couldn't sell our shares until a year later. Our stock price was lowered than the IPO price, the CEO was forced to resign, half of the people hired got let go. They were never needed in the first place, the hiring was just to impress wall street. All this madness was all within a year later. I left the company 4 months after the IPO so I didn't witness all the madness only the highs. I sold all my stocks, made a few thousand, not the millionaires that everyone thought we were going to make.
This is why working for publicly held companies sucks. Fvck that noise.

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Old 03-02-2017, 03:48 PM   #78
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Nvidia down a little over 15% from where it was at when you said you were up 13%... I'm surprised you didn't update us on that. The S&P 500 is up a little over 4% in that same time period in case anyone was wondering.


I'm up 15% on SCHV since April last year.


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Old 03-02-2017, 03:50 PM   #79
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I'm up 15% on SCHV since April last year.


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S&P500 is up more than that since last april (not by much).
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Old 03-02-2017, 07:30 PM   #80
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S&P500 is up more than that since last april (not by much).


It is an SP500 index fund so it tracks very closely.


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