Last tweeted mid march that snap had short term downside and twitter short term upside..snap has fallen back to the ipo price and twitter has risen after a good quarter…the prices have now converged to around 17…
2centview fair value for SNAP now 24 including cash, if you value the earnings 2 years forward where analysts predict earnings to ramp up from 2019 TWTR fair value 16
No one knows which will succeed from here and become the next facebook, Snap has hugely creative product guy in Evan Spiegel and just signed a content delivery deal with Time Warner
Twitter has the president and signed a great deal with bloomberg – data is also a important asset as we move into the world of AI, their product is good but engagement is a problem
Own a small position in one of these name
2centview owns both at a price of 17 target 22…will add more if they drop to 14.