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A roulette wheel is not a sensible place to invest your money even if it does end up on black. Snapchat is a cautionary tale about investing in fads.
by mantap 7y ago
A roulette wheel is not a sensible place to invest your money even if it does end up on black.
Snapchat is a cautionary tale about investing in fads.
- AznHisoka 7y agoAnd it is still ~30% off its all time high shortly after its IPO years ago. Sure it has risen a lot from its lows, but that’s cherry picking dates.
- baobabKoodaa 7y agoAll stocks are below their all-time high almost all of the time. Compare to IPO price instead.
- AznHisoka 7y agoIt closed at around $24 at the IPO day... almost 50% off that price. Even worst that I thought