Snapchat has a relatively large social audience and could expand its base and monetization efforts overseas, I do believe that for $15.15 a share is a very good price to hit. Who does not like discount?
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At $24, SNAP is valued at about $30 billion and right now for that price of $15.15 for a share, as a trader I would recommend buying and sell at $21. It worth an excellent deal, think about Facebook’s market cap is $358 billion and right now Snap Chat is $18 billion on the actual current price. When you think of enterprise value to opportunity set, it's a fairly palatable valuation. .. My idea is that the average price of Snapchat within this year will be around $ 20 - $24, so that my BUYING IDEA.
For my followers ENJOY 😊