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I need a discussion response to a peers post. I am providing you with the orginial instructions for the discussion

Orginial Instructions

Remember, this is our Classroom. Together we will explore our weekly topic, do some research, and discuss current event issues related to finance.

Below you will see the research we will be doing this week. Take a good look; I know you will enjoy these journeys. Please read all my posts and respond to those you find interesting or have questions about. Ready? Let's Go!

The Topic

Below are some additional websites for you to explore. Please do so and comment briefly what you find in each. Select any company you are interested in and see what you can find out about that company through these sites. For example, try using Ford (stock symbol is "F") or Starbucks (symbol SBUX) and summarize what you discover. You can look up the stock symbols for other companies at the MSN Money website, too ( http://investing.money.msn.com/investments/find-symbol).

Business Headlines: http://www.internetnews.com/bus-news/

Current stock market information and data can be found at http://www.businessweek.com/investor/index.htm

Microsoft Money Central at http://moneycentral.msn.com/home.asp offers access to a wealth of stock data.

Disscussion I need to respond to....

As I review the Microsoft Money Central website for this week, I couldnt help to look into Snap Inc. Not because I am a user but what I personally experienced the journey when I invested in Snap Inc. stocks.

Earlier this month Snap Inc., the parent of Snap Chat, went public. As a beginner to the stock market I read how fast the turnaround in savings for my future can be when investing into the market so I set myself up with my first purchase.

I bought a few shares for $24.80 and then I sold it two days later at $29.00 each. What first made me buy it was how much the site has grown and how cheap the buy in price was at the moment. However reading more into the company I realized this was not a very promising stock as there is no revenues. I realized I made the right choice when I see a week later, the market dropped again at $19.

This assignment gave me another look into Snap Inc. and it appears its slowly going back up this week. The company has now gained some revenue from advertising. It appears companies such as Alphabet has quietly invested in Snap Chat and have some influence on the increase. Many have asked me if I regret selling my stocks at the time since the now they appear to be increasing again. I dont, however I regret not continuing my research at the time as if I would have known, the only changes I would have made were to purchase the shares again at $19.00. This clearly would have given me another profit.

Reference

http://www.msn.com/en-us/money/stockdetails/fi-126.1.SNAP.NYS

http://www.businessinsider.com/snap-snapchat-ipo-2017-3