Atrump Games

Atrump Games
Atrump Games

Snap Inc IPO, Stock Price Growth And Bust: Book Profit & Difficult Road Ahead

SNAP INC the parent company of popular Snapchat went for IPO with full bang at $17 and investor interest boosted stock price to $29. Given the filing with regulator the company EPS is negative 34 and revenue for six month ending Dec2016 was little over $400 million. Do you think that any company with negative Cash Flow, high investment on research, high competition, high revenue risk deserve $25 Bn market capitalisation. If one invested then they should sell it immediately and must stay away with Internet bubble oriented companies.

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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
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