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A comment on Snap values itself at nearly $24B with its IPO pricing. Parent comment

Re:Snap values itself at nearly $24B with its IPO pricing by econner on Wednesday March 01, 2017 @05:08PM (#13768972)
> My 5 year target on SNAP would be roughly one can of Pringles.

What does this sentence mean?

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Re:Snap values itself at nearly $24B with its IPO pricing by carbocation on Wednesday March 01, 2017 @05:16PM (#13769073)
They expect the value of the company to be equivalent to the value of a can of potato chips; approximately $0.
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Re:Snap values itself at nearly $24B with its IPO pricing by artpar on Wednesday March 01, 2017 @05:16PM (#13769065)
"Pringles" is a "pack of chips" (more or less), so basically he means, "a pack of chips" is what the company will become. (this is what i understand :p )
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Re:Snap values itself at nearly $24B with its IPO pricing by traek on Wednesday March 01, 2017 @06:33PM (#13769752)
What does this clarify? "A pack of chips" isn't a common idiom.
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Re:Snap values itself at nearly $24B with its IPO pricing by nsm on Wednesday March 01, 2017 @06:38PM (#13769806)
A pack of chips is generally really cheap in any region/country, so I think in the context, the idiom is explanatory.
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[dead]
Re:Snap values itself at nearly $24B with its IPO pricing by dang on Thursday March 02, 2017 @09:44PM (#13780366)
Please don't do this here.
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Re:Snap values itself at nearly $24B with its IPO pricing by traek on Wednesday March 01, 2017 @06:42PM (#13769847)
Yes, I understood what was meant, I was pointing out that the parent comment didn't clarify it any further for the person who did not understand.
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Re:Snap values itself at nearly $24B with its IPO pricing by askafriend on Wednesday March 01, 2017 @07:26PM (#13770175)
I think he meant that the price would come down to about $2.50 or so...
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Re:Snap values itself at nearly $24B with its IPO pricing by calchris42 on Thursday March 02, 2017 @01:28AM (#13771973)
And here I was thinking he was saying I should invest in Pringles. :P
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Re:Snap values itself at nearly $24B with its IPO pricing by mvindahl on Thursday March 02, 2017 @02:03AM (#13772122)
I once invested in a can of Pringles. Hours later, it's value was down to zero. A terrible financial decision.
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Re:Snap values itself at nearly $24B with its IPO pricing by SteveNuts on Wednesday March 01, 2017 @05:15PM (#13769049)
He means that in 5 years the company will be worth about the price of one can of Pringles (chips/crisps in the US)
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Re:Snap values itself at nearly $24B with its IPO pricing by cwkoss on Wednesday March 01, 2017 @05:16PM (#13769069)
They mean it will be worth nothing
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Re:Snap values itself at nearly $24B with its IPO pricing by biot on Wednesday March 01, 2017 @08:47PM (#13770684)
Are you saying a can of Pringles costs nothing?
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Re:Snap values itself at nearly $24B with its IPO pricing by imranq on Wednesday March 01, 2017 @05:56PM (#13769415)
Wow did 4 people respond to one comment at the same time?
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