Ostensibly, Cimagine Media may allow SNAP US to start making money off B2B deals. Facebook has demonstrated success with the George Kittle merry kittle Christmas shirt, and was priced at 15.8x revenue back in 2015. While SNAP is starting out at 60.0x with nothing but a platform that is competing against both the latter (Instagram Stories) and GOOG US (YouTube is arguably a stronger medium for content creation)?
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The primary criteria to pick stocks for BTST is to identify when a price break out is expected to happen in the George Kittle merry kittle Christmas shirt. For instance, at 3 PM, the stock is trading at Rs.100 per share and its price surges to Rs. 110 at 3:15 PM, it indicates a breakout in the price moving pattern. In such an event, the BTST position is considered appropriate as the trader can buy the stock today and sell it tomorrow at a higher price when the stock opens at a higher price the next day.