snapchat drops in after hours despite beating numbers. Investor call mentions they are focused on getting free cashflow positive even if it means slower growth.
Reviewing my valuation worksheet and the charts on snapchat now that new analyst numbers have come out after earnings. Friends dont let friends trade blind. Dont be a dummy and learn valuation. Recommended reading concepts Peter Lynch - PEG ratio , book "Beating the street" Benjamin Graham - cigar butts and the original growth formula book: "Intelligent...
When I was new, I traded just the picture of prices. Later after living through a full cycles, I learned stocks were actually businesses. Business sell stuff to customers and generate revenue each year. Businesses have cash flows and earnings. Thats why when we look book 10 to 20 years, most businesses are more valuable today then back then. Valuation looks at...
Lower before going higher? Thats what Im trying to figure out. Snap has growth going forward in the next years according to analysts. Its just this inconvenient thing called the rest of the economy. Advertisers are cutting back this year. How long will that continue for? And what will the fair price for snap as a company be then? Im a fan of this company for the...
Here I teach how to identify corrective structure, how to count motive waves, and how to get upper price targets as well as retrace levels for counter trend movements Hope this can help someone :) -BensStocks
Video analysis on $SNAP $TWTR $SPY
Video breakdown on $SNAP going into power hour!
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