RE: Initial Public Offloading, is that the IPO you’re buying? *cough* Snapchat

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Initial Public Offloading, is that the IPO you’re buying? *cough* Snapchat

in investing •  8 years ago 

When SNAP went public I said to my trading buddy - "their first earnings announcement is the biggets layup of a short ever." Sure enough here we are.

Wondering how many employees/executives were able to cash out and how many are stuck holding through the lockup period.

investing
8 years ago by

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      ·  8 years ago 

    I know a couple buddies at work that bought in.

    They were pretty happy that first week, not so much today.

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      ·  8 years ago 

    Oh god. My best buddy is all about snap, he called me to ask what I thought. He was gonna load up on the IPO. I literally forbid him from doing it.....I should call him now...LOL ;-)

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      ·  8 years ago 

    Yup.
    I believe the lockup period is until August... so I'm sure some people are biting their nails!

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