Timing is everything. SnapChat is smelling the market euphoria and daily market highs and wants to cash in. Buyers get no voting rights and pay for a company that is going head to head against Facebook (FB). SNAP already lowered the price to bring in more buyers and to create that usual IPO "pop."Buy the stock regardless (but get out before everyone else does. The rationale is here. Agree or disagree? Log in via StockTwits (or FB/TWTR/LinkedIn) to vote. "Like" this post to signal others to vote, too.Related: Jack bought a few million dollars worth of Twitter (TWTR). Facebook is updating WhatsApp so the app also has disappearing posts.