Forecast came true

Snap Inc. (SNAP) Will Head Lower after Earnings
28 july

Lockup period expiring.


Weak quarter. Negative cash flow and losses.

SNAP, Snap Inc

Related: Even TWTR faced zero growth in users. FB crushed results. Again.

Twitter:

TWTR, TWITTER Inc

The short squeeze after the lockup period ends is inevitable.

Snap will fall after the ER.

Agree: Short SNAP or buy puts. PT $10.

Disagree: SNAP Will recover to $15+

Answered:
11 people

Snap Inc. (SNAP) Will Head Lower after Earnings

Agreed
10 people
Disagreed
1 person

Forecast came true

SNAP bottomed at $11.28. Now $13.44.