Forecast came true

Snapchat (SNAP) Stock Will Fall Below $10
11 july

This is the bull case for SNAP:


The stock is doomed. Costs exceed revenue. Insiders are cashing out and owners will privatize the company, wiping out shareholders.

$SNAP, Snap Inc / H1

Related: FB stock has upside. Twitter is a good speculation as the CEO's SQ stock trades at new highs.

Sell and avoid SNAP stock. PT $10. Agree or disagree?

Answered:
27 people

Snapchat (SNAP) Stock Will Fall Below $10

Agreed
21 people
Disagreed
6 people

Forecast came true

Stock is moving down but Not yet at $10.