Newsome Lost Wager on SNAP?
361 views · Published 3 September 2017 · 3:40 · Indexed 25 October 2026
Channel: Real Life Trading · 2017 · Education
Hi Traders! As you likely know by now, Jerremy often places wagers, bets, thoughts and predictions on stocks. Mostly, because it's fun to do and the squad loves it when he's right and laughs when he's wrong. Something like this happened on SNAP. He mentioned before it's IPO, that SNAP would be below $17 by June 3rd. When SNAP hit the New York Stock Exchange it opened at $24 on March 2nd. So, Jerremy was predicting over almost a 30% drop in just 3 month. Pretty BRAVE - but our fearless leader wasn't far off. SNAP CHAT dropped to 17.59 on May 11th, finally hitting the $17 mark on June 15th. So, was Jerremy wrong? Technically, per his in stone numbers, but overall - he did really well and MANY traders made new jet ski money playing SNAP on the down side. Let's all look forward to the next Newsome wager.
