Wall Street Stock Market Syndicate Still at Work

Maybe they benefited from divine intervention… or maybe they were just lucky. Either way, the students and staff of St. Francis High School in Mountain View, California must be pretty happy right now. In 2012 the school took a chance, investing $ 15,000 in a small, little-known app maker called Snapchat. Last week the school sold two-thirds of its shares for $ 24 million when the stock went public. I’m sure they’re still giving thanks.
The Market Oracle

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