Gun to the head, out of the two iPOs that started trading today, which would you prefer to put money in? $SQ Square, or $MTCH Match Group?
MTCH is trading better on the initial day, but both are curled up in a tight range intraday. Here’s a look at the action:
I know more people that use Tinder but Square seems more likely to generate real revenue, Tinder would simply be replaced buy another app if cost was associated for users and advertising seems limited IMO.
I’ll vote for $SQ as well.
I want to short $SQ
Maybe in 6 months I’ll short it to $0.00 I think he took it IPO like GoPro to get the money now because in a few more months, that biz model is going to dry up entirely.
Best get it now while you can before it’s too late.
Nice charts x2 imo. Match actually makes $ though so…
agree, I like the MTCH
I like MTCH more as well. It has much bigger spread worldwide compare to square. For example Czech republic 😉