282: SNAP Back to IPO Price, Buy Now? - Listener Question
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 23 June 2017
⏱️ 6 minutes
🧾️ Download transcript
Summary
Learn how to analyze a stock like SNAP.
Today is listener question Friday! Here is today's question:
Linda,
I see SNAP went back to its IPO price. Do you recommend buying it?
Nancy
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Transcript
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| 0:00.0 | Be Well, The and Smart, episode 282. |
| 0:02.8 | I'm gonna live no rich life. |
| 0:05.8 | Rich life. |
| 0:06.8 | Rich life. |
| 0:07.8 | So if y'all know what I mean. |
| 0:12.1 | Put your hands up and declare with me, yeah, I'm full of pain, |
| 0:17.0 | I'm gonna live a good life. |
| 0:21.0 | A few to be a glorious life. Step into a world of wealth of wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.3 | be wealthy and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:38.0 | Welcome to Be Wealthy and Smart. |
| 0:39.5 | I'm Linda P. Jones, America's wealth mentor, |
| 0:41.6 | Compowering Women and men worldwide to financial freedom. |
| 0:45.0 | Well, today is listener question Friday and a listener sent me an email that said, |
| 0:51.0 | Linda, I see Snap, went back to its IPO price. Do you recommend buying |
| 0:56.4 | it? Nancy? Well, Nancy, you're referring, of course, to Snap, the social media messaging and fun video taping device. Snap is a lot |
| 1:09.8 | of fun. I enjoy watching the things that people put together and I did do a |
| 1:15.8 | podcast a while ago about SNAP right around the time of the IPO talking about |
| 1:21.2 | how the management of SNAP said they didn't know if they would ever make a profit. |
| 1:30.0 | We're not talking about this year or next year. They're talking about ever make a profit. |
| 1:37.0 | And that really concerned me because the number one reason that I want to own a company is for increasing earnings, which relates to profits and |
| 1:46.2 | profitability and making money is a good thing and raises your stock price. |
... |
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