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First taste of a stock failure. It happens. I've never lost a crazy amount, but I have invested in stocks, only to see them crash and -- either later have more
by mattbgates 10y ago
First taste of a stock failure. It happens. I've never lost a crazy amount, but I have invested in stocks, only to see them crash and -- either later have more success or remain a complete failure. Live and learn. Best to just study the history of the stock and its value for society as a whole.
Not saying that it has absolutely ZERO value, but I definitely would've loved to see SNAP a bit more successful, and they probably did not know what it meant to become an IPO.
- sauronlord 10y agoHow is it a failure? Seems to have done the job it was set out to do: make the original owners wealthy, make bankers more rich. Still above/near the horrendous IPO price. Seems like great success.
- mattbgates 10y agoLOL.. it totally was a success to them :)