So there's going to be a time where Snap gets snatched up for real - I don't care about the current promises from the founders, reality has a way of making itself happen.
The real problem is to get in a bit before the snatch up because there's usually a stock boost then. It'd be a quick, low-yield safe return.
The risk there is sometimes the captains do go down with the ship and you're going to just have to write things off when things get bought for peanuts (aka my SUN holdings) so I don't know if it's a farm-betting strategy.
And finally, this strategy has some weird consequences, like when I bought Apple stock in the late 90s after Jobs publicly said they had a couple month runway. I thought Compaq or Gateway would come by and get them (and no, I sold it off at a reasonable double digit percentage profit and am damn happy about not being greedy). Crystal balls are very cloudy.
I can draw the future stock market price of many companies with pretty high confidence as long as you grant me the permission to not label the axis. Turns out not to be very useful.
You're just looking to time the market. It's not really a reliable strategy (unless you trade in insider info). Most stocks often mentioned in news/articles will inevitably get a stock boost when good news hits. Why not time them as well if you can time SNAP?
The real problem is to get in a bit before the snatch up because there's usually a stock boost then. It'd be a quick, low-yield safe return.
The risk there is sometimes the captains do go down with the ship and you're going to just have to write things off when things get bought for peanuts (aka my SUN holdings) so I don't know if it's a farm-betting strategy.
And finally, this strategy has some weird consequences, like when I bought Apple stock in the late 90s after Jobs publicly said they had a couple month runway. I thought Compaq or Gateway would come by and get them (and no, I sold it off at a reasonable double digit percentage profit and am damn happy about not being greedy). Crystal balls are very cloudy.
This is not financial advice.