Anonymous
Post 03/04/2017 08:34     Subject: anyone buy snapchat shares today?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Shares do not have any voting rights.


haha, which matters so much to individual investors. were you going to influence their proxy with your 0.001% ownership?


Yes, it matters because institutional investors who couldn't otherwise influence things won't have that power and won't be able to effectuate change that would also benefit retail investors.


No institutions are buying SNAP to influence the company through the proxy.

Most shareholder proxy proposals are complete crap, and proxy activists destroy value for shareholders ... especially in fast growing tech companies.


If they are crap proposals, they will get voted down by the mutual funds and institutions that are record owners. No voting rights, besides shareholder proposals, means a board and management that is unaccountable.
Anonymous
Post 03/03/2017 22:03     Subject: anyone buy snapchat shares today?
No. Stupid app that appeals to stupid folk.
Anonymous
Post 03/03/2017 22:02     Subject: anyone buy snapchat shares today?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Shares do not have any voting rights.


haha, which matters so much to individual investors. were you going to influence their proxy with your 0.001% ownership?


Yes, it matters because institutional investors who couldn't otherwise influence things won't have that power and won't be able to effectuate change that would also benefit retail investors.


No institutions are buying SNAP to influence the company through the proxy.

Most shareholder proxy proposals are complete crap, and proxy activists destroy value for shareholders ... especially in fast growing tech companies.


Sometimes. Sometimes not. But a completely unaccountable founder is not a better option.
Anonymous
Post 03/03/2017 21:55     Subject: anyone buy snapchat shares today?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Shares do not have any voting rights.


haha, which matters so much to individual investors. were you going to influence their proxy with your 0.001% ownership?


Yes, it matters because institutional investors who couldn't otherwise influence things won't have that power and won't be able to effectuate change that would also benefit retail investors.


No institutions are buying SNAP to influence the company through the proxy.

Most shareholder proxy proposals are complete crap, and proxy activists destroy value for shareholders ... especially in fast growing tech companies.
Anonymous
Post 03/03/2017 19:40     Subject: anyone buy snapchat shares today?
Anonymous wrote: The bubble is over done, that's why Yellen is raising rates in March. I fear a reckoning now


Only two years, maybe three years, too late.

Anonymous
Post 03/03/2017 18:13     Subject: anyone buy snapchat shares today?
Anonymous wrote:
Anonymous wrote:Shares do not have any voting rights.


haha, which matters so much to individual investors. were you going to influence their proxy with your 0.001% ownership?


Yes, it matters because institutional investors who couldn't otherwise influence things won't have that power and won't be able to effectuate change that would also benefit retail investors.
Anonymous
Post 03/03/2017 18:03     Subject: anyone buy snapchat shares today?
The bubble is over done, that's why Yellen is raising rates in March. I fear a reckoning now
Anonymous
Post 03/03/2017 16:17     Subject: anyone buy snapchat shares today?
If you did, you're too late.
Anonymous
Post 03/03/2017 16:15     Subject: anyone buy snapchat shares today?
Anonymous wrote:Shares do not have any voting rights.


haha, which matters so much to individual investors. were you going to influence their proxy with your 0.001% ownership?
Anonymous
Post 03/03/2017 16:12     Subject: anyone buy snapchat shares today?
Shares do not have any voting rights.
Anonymous
Post 03/03/2017 11:09     Subject: anyone buy snapchat shares today?
Nope. Not feeling the business model.
Anonymous
Post 03/03/2017 10:48     Subject: anyone buy snapchat shares today?
I was going to when it was only $17 but decided against it. No real reason other than my gut was saying don't do it.
Anonymous
Post 03/03/2017 10:28     Subject: anyone buy snapchat shares today?
I bought a few shares at $24
Anonymous
Post 03/02/2017 20:12     Subject: anyone buy snapchat shares today?
Another pets dot com.

Trading at 5 to 8 times revenue expected in 2020?

This IPO is the epitome of irrational exuberance!
Anonymous
Post 03/02/2017 17:30     Subject: anyone buy snapchat shares today?
well?

another twitter or another fb?