{"id":1630,"date":"2013-03-16T00:00:00","date_gmt":"2013-03-15T17:00:00","guid":{"rendered":"http:\/\/35.224.237.165\/index.php\/2019\/02\/25\/markets-in-disarray-as-snapchat-shares-disappear-after-ten-seconds\/"},"modified":"2019-02-26T04:58:01","modified_gmt":"2019-02-25T21:58:01","slug":"markets-in-disarray-as-snapchat-shares-disappear-after-ten-seconds","status":"publish","type":"post","link":"https:\/\/chicagoshadydealer.com\/index.php\/2013\/03\/16\/markets-in-disarray-as-snapchat-shares-disappear-after-ten-seconds\/","title":{"rendered":"Markets in Disarray as Snapchat Shares Disappear After Ten Seconds"},"content":{"rendered":"<p><img decoding=\"async\" src=\"\" alt=\" \" \/><\/p>\n<h6>By <a href=\"\/search?author=Christopher Walker\">Christopher Walker<\/a><\/h6>\n<h6>March 26, 2017<\/h6>\n<p><insert class=\"ins cts-1\" data-cid=\"2\" data-time=\"1490564214854\" data-userid=\"23\" data-username=\"Jacob Levin\"><\/insert><delete class=\"del cts-1\" data-cid=\"4\" data-time=\"1490660855298\" data-userid=\"23\" data-username=\"Jacob Levin\">N<\/delete><delete class=\"del cts-1\" data-cid=\"5\" data-time=\"1490660860544\" data-userid=\"23\" data-username=\"Jacob Levin\">EW YORK &#8211;<\/delete><insert class=\"ins cts-1\" data-cid=\"6\" data-time=\"1490660860554\" data-userid=\"23\" data-username=\"Jacob Levin\">This Friday,<\/insert> <insert class=\"ins cts-1\" data-cid=\"19\" data-time=\"1490660865398\" data-userid=\"23\" data-username=\"Jacob Levin\">i<\/insert><delete class=\"del cts-1\" data-cid=\"18\" data-time=\"1490660864777\" data-userid=\"23\" data-username=\"Jacob Levin\">I<\/delete>nvestors <insert class=\"ins cts-1\" data-cid=\"21\" data-time=\"1490660869127\" data-userid=\"23\" data-username=\"Jacob Levin\">were sent into a panic <\/insert><delete class=\"del cts-1\" data-cid=\"20\" data-time=\"1490660869121\" data-userid=\"23\" data-username=\"Jacob Levin\">panicked on Friday <\/delete>when it was discovered that <insert class=\"ins cts-1\" data-cid=\"44\" data-time=\"1490660877845\" data-userid=\"23\" data-username=\"Jacob Levin\">all <\/insert>purchased shares of Snap, Inc (SNAP) disappear from the record 10 seconds after purchase.<\/p>\n<p>\u201cWe really wanted to do something different when we went public<insert class=\"ins cts-1\" data-cid=\"48\" data-time=\"1490660895044\" data-userid=\"23\" data-username=\"Jacob Levin\">,<\/insert>\u201d said Snap CEO Evan Spiegel<insert class=\"ins cts-1\" data-cid=\"50\" data-time=\"1490660959266\" data-userid=\"23\" data-username=\"Jacob Levin\">.<\/insert><delete class=\"del cts-1\" data-cid=\"49\" data-time=\"1490660959174\" data-userid=\"23\" data-username=\"Jacob Levin\">,<\/delete> \u201cSo we thought, why not bring the same great experience that our customers love to the financial markets?\u201d<\/p>\n<p>\u201cOn the one hand, this is absolutely insane<insert class=\"ins cts-1\" data-cid=\"51\" data-time=\"1490661097782\" data-userid=\"23\" data-username=\"Jacob Levin\">,<\/insert> <insert class=\"ins cts-1\" data-cid=\"64\" data-time=\"1490661103076\" data-userid=\"23\" data-username=\"Jacob Levin\">not to mention<\/insert><delete class=\"del cts-1\" data-cid=\"52\" data-time=\"1490661101048\" data-userid=\"23\" data-username=\"Jacob Levin\">and probably<\/delete> all kinds of illegal<insert class=\"ins cts-1\" data-cid=\"78\" data-time=\"1490661108692\" data-userid=\"23\" data-username=\"Jacob Levin\">,<\/insert>\u201d lamented local high frequency trader John Douch\u00e9. \u201cOn the other hand, disappearing shares have created some interesting market dynamics. You don&#8217;t know what a rush feels like until 10% of your portfolio will vanish into thin air 10 seconds from now. At first I thought people would only trade disappearing shares as a joke, but it&#8217;s getting surprisingly popular. I&#8217;ve heard that some other companies are thinking of copying their strategy<insert class=\"ins cts-1\" data-cid=\"81\" data-time=\"1490661124164\" data-userid=\"23\" data-username=\"Jacob Levin\">.<\/insert>\u201d<\/p>\n<p><insert class=\"ins cts-1\" data-cid=\"89\" data-time=\"1490661193737\" data-userid=\"23\" data-username=\"Jacob Levin\">In related news, Samsung has issued a recall of all of its shares upon discovery that they have a tendency to catch fire and explode, which, according to <insert class=\"ins cts-2\" data-cid=\"15\" data-time=\"1490661391068\" data-userid=\"41\" data-username=\"Christopher Walker\">market experts<\/insert><delete class=\"del cts-2\" data-cid=\"3\" data-time=\"1490661388955\" data-userid=\"41\" data-username=\"Christopher Walker\">investors<\/delete>, is simply too volatile a strategy to succeed.<\/insert><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Christopher Walker March 26, 2017 NEW YORK &#8211;This Friday, iInvestors were sent into a panic panicked on Friday when it was discovered that all purchased shares of Snap, Inc (SNAP) disappear from the record 10 seconds after purchase. \u201cWe really wanted to do something different when we went public,\u201d said Snap CEO Evan Spiegel., \u201cSo we thought, why not bring the same great experience that our customers love to the financial markets?\u201d \u201cOn the one hand, this is absolutely insane, not to mentionand probably all kinds of illegal,\u201d lamented local high frequency trader John Douch\u00e9. \u201cOn the other hand, disappearing shares have created some interesting market dynamics. You don&#8217;t know what a rush feels like until 10% of your portfolio will vanish into thin air 10 seconds from now. At first I thought people would only trade disappearing shares as a joke, but it&#8217;s getting surprisingly popular. I&#8217;ve heard that some other companies are thinking of copying their strategy.\u201d In related news, Samsung has issued a recall of all of its shares upon discovery that they have a tendency to catch fire and explode, which, according to market expertsinvestors, is simply too volatile a strategy to succeed.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1630","post","type-post","status-publish","format-standard","hentry","category-komono"],"_links":{"self":[{"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/posts\/1630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/comments?post=1630"}],"version-history":[{"count":1,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/posts\/1630\/revisions"}],"predecessor-version":[{"id":2663,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/posts\/1630\/revisions\/2663"}],"wp:attachment":[{"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/media?parent=1630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/categories?post=1630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/tags?post=1630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}