Possible buying opportunity for two IPO blundersAn initial public offering (IPO) is often described as a company's "coming out party." It's the moment when a successful, privately held business says, "Hey, world! Who wants a piece of the action?
But what if nobody shows up?
Blue Apron APRN has seen 90 percent of its market value disappear since its initial public offering in June 2017 and SNAP shares' 70 percent plunge in 2018 make these two stocks among the most unsuccessful IPOs of all time.
2019 might finally present a buying opportunity for these two stocks. Further details explained on the graph.
Snap
New Trade Idea: SNAP (Short)
Members,
Happy New Year!
Let's be real: 2018 was a bloody year when betting to the upside.
And we're not even talking crypto. These STOCKS on average are down 15-20% from highs.
As such, when the tide turns against you, the smartest, most successful traders take out the emotion and go with the current.
With that said, we ask that you immediately turn your attention to our First SHORT Alert Ever, on a company that you are probably very familiar with, NYSE: SNAP (Snapchat, Inc.).
About the Company:
Snap Inc. operates as a camera company in the United States and internationally.
The company offers Snapchat, a camera application that helps people to communicate through short videos and images. It also provides Camera, a tool to personalize and add context to Snaps; Friends Page that allows to creating and watching stories, chatting with groups, making voice and video calls, and communicating through a range of contextual stickers and Bitmojis; and Discover that helps to surface the most interesting stories from publishers, creators, and the community, based on a user’s subscriptions and interests. In addition, the company offers Snap Map, which enables individuals to pinch on the camera screen for bringing a live map of their location, as well as showing nearby friends, popular stories, and a heatmap of recent Snaps posted to their story; Memories that allows users to choose to save the Snaps they create in a searchable personal collection, and users to create Snaps and stories from their saved Snaps and camera roll; and Spectacles, a hardware product that connects with Snapchat and capture video from a human perspective.
The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Venice, California.
Fundamental Analysis (FA):
After a visit to China in 2017, Snap (NYSE:SNAP) CEO Evan Spiegel decided the messaging app needed an overhaul inspired by trends he saw there, WSJ reports.
"He set a punishing timeline and dismissed concerns among senior executives and key designers that the new look wasn’t testing well... and rejected his team's pleas for more time."
Following the debut of the redesign in February, Snap lost users for the first time in its history over the next quarter. Since then, its share price has cratered roughly 76%, reaching an all-time closing low of $4.99 Friday.
Snap (NYSE:SNAP) employees won't receive cash bonuses for the second year in a row, according to Cheddar sources.
Top employees will receive more stock as a discretionary incentive bonus.
As such, we are urging all members to act fast, start their research on SNAP, and consider opening a SHORT position tomorrow when the market opens at 9:30am EST!
(*Remember to use a Stop-Loss Order or basic Stop-Limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
The TopMarketGainers Team
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The up direction is only a matter of time! - The stock is establishing a short term trading range.
- Break out of this range might be followed by gaps or shape move to the fist two targets.
- The third target is nor the highest the the stock can go for, but for now this is what I can see.
- Fundamentally the company new online Ads creating method will reflect a major revenue in the financial statement.
OPENING: SNAP NOV 16TH SHORT STRADDLE... for a 2.21/contract credit.
Metrics:
Probability of Profit: 54%
Max Profit: $221/contract
Max Loss/Buying Power Effect: Undefined/~1.72 on margin
Break Even/Cost Basis of Shares If Assigned: 7.79
Theta: 1.46
Delta: 41.92
Notes: Another potential "wheel" trade. Will initially shoot for 25% max for the short straddle, but will also be fine if assigned with a cost basis of 7.79/share (a 7.8% discount over current spot), after which I'll proceed to cover.
SNAP is it possible to go lower? $2.35 or $0.99 is close to nilSNAP, one of those company doing new things, that kind of things we have no idea how they do it, but it looks funny to share a goofy pic with your friends. But the question is, how do they make money in the short and long-term? The truth is, you can't expect to make a profit just because of the number of users if they don't pay for. Even more, if they're mainly teenagers. At the end of the day, irrational people just buy over and over following the rallies. Do not forget, professional investors and traders, love stupid money, "a fool and his money are soon parted", so if you do not know how to play this game, learn how or just get away from it.
Recently, more than $13 billion in market cap has been wiped out. Of course, this stock could be smacked again, so chances of seeing a price about $2.35 per share could be much closer than we think.
Learn how to beat the market as Professional Trader with an ex-insider!
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Have a Nice Trading Week!
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Bullish Trade of the Week selling put SNAPIf Pandora was a good candidate for a buyout then SNAP surely can be scooped by the big dogs in the Tech space . Selling a Dec21 6 put for .60 Tasty stats POP 57% P50 70% theta .48 Willing to take the shares at this price and sell calls against especially with current IVR at 91%
SNAP: Crackle & PoopA silly bet I made with my friend turned into an extremely profitable venture with SNAP down every week since July. Looking to buy more and continue to hold put options with $5 strike expiring Jan 2019. As long as there is no trend change on the weekly Ashi candles, I will continue to hold this to expiration.
$SNAP Further Decline Expected - $10M Bearish Options Bet$SNAP Snap Inc chart showing no signs of strength with heavy selling over the last month. We saw a large bearish options bet hit today, with $10M worth of April'19 deep in-the-money puts traded. With earnings coming up next week, this could be a sign of more disappointing results upcoming.
Monitor for a break down through $6.50 support level to fresh lows. Targeting $5.50 in the medium term.
Note: Informational analysis, not investment advice.