True, analysts has valued snap stocks ~$17. It was down yesterday and today it's rising. I hope that's due to the market condition but not because of the Company.
The big point is they make themselves as a Camera company.
"Spectacles" is "Google Glass" done right. So, they'll make is much better and soon they'll announce more hardware products.
With all those announcements the stock will start to rise again rapidly.
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They target for teens and they do it correctly. That's the next generation of buying force. I personally think, they'll make the sales great.