Has anyone speculated in the past on the upside of $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.
19d
Has anyone speculated in the past on the upside of $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.
I would never invest in a company like that. I know it's popular with kids, but as an investment, it's terrible.
That growth is not at all predictable for this company, so it's terrible speculation.
Maybe someone was lucky and sold at a profit, but that was just luck.
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.
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Speculation, yes, but it stayed that way. I agree with you. I would definitely not put this stock in my portfolio at this time.