LOOK AT SNAP COMPARISON TO FACEBOOK, TWITTER AND GOPRO TO SEE IF IT WILL GO TO $10 OR $100 AND HOW TO TRADE $SNAP $TWTR $FB $GPRO $GOOG $GOOGL
Snap, the parent of Snapchat, is the hottest initial public offering of the year. The company’s shares were listed this week at $17 and recently traded at $27. So investors are naturally asking me: How do I trade Snap SNAP? Will Snap become successful like Facebook FB? Will Snap’s stock shoot up like Twitter’s TWTR only to fizzle? Since Snap is marketing itself as a video-camera company, is a comparison to GoPro’s GPRO, IPO appropriate? Let me first share with you how we are trading Snap for the short term at The Arora Report. Then I’ll compare Snap to those