valuations soaring. at about $33 billion. is that an overvaluation? reporter: well, there was certainly a lot of hype that went into the i.p.o. snap chat up about 15%. up about $8 right now. this is the biggest tech i.p.o. we ve seen in a while, basically since facebook went public. the market for companies going public, especially tech companies, has been kelltively cool. this is a benchmark. this is a bell weather, perhaps, of what the market can handled right now. looking at snap chat,s that continue that continues to make a loss. it does not make a profit. at the same time you have millions, hundreds of millions on it every single day spending about half an hour on it. the question now is will the company be able to take the money it raised today and build out the company, become the next facebook or will it continue to have a profitable sh you a like we see with twitter. those shares haven t fared so well. how would you describe snap
behind me which is the most fortified entrance into dale farm is still currently at an impasse. we understand it s because some residents have chained themselves on the inside of that gate. last time when there was threat of an eviction, there had been concern that some of the residents had chained themselves by the neck to the gate, which is one of the reaps that police are trying to move very slowly here, monita. council said they wanted this eviction to be as safe and dignified as possible. we re past the point of dignified where already we ve been seeing these altercations, but safe is still something they re hoping can be brought about here. nima, thank you very much. well, there s been a deadly attack today in southeastern turkey. authorities say kurdish guerrillas struck security forces and military sites in hakkari province that borders iraq. reports say guerrillas fired rockets and opened fire with automatic rifles. cnn turk is reporting at least 24 people have b