I think it's generally appropriate to view events like this SNAP IPO as loudly hyped introductions of new vehicles for financial speculation. SNAP is a shiny n

I think it's generally appropriate to view events like this SNAP IPO as loudly hyped introductions of new vehicles for financial speculation. SNAP is a shiny new toy for traders and market-makers. We won't know how the public market truly values SNAP until, IMHO, maybe 12-24 months from now.