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Snap Is Now Drowning in the Toilet

Snap (SNAP) reported the dog of a quarter on Thursday that anyone with a calculator and some commonsense could have saw coming.

In fact, here is what we had to say on Monday about the setup into the numbers:

"Snap Inc.'s stock is likely to remain a dog right into earnings this week and thereafter -- and it's not all due to insiders possibly getting ready to dump stock.

No, it's that Wall Street is about to get yet another look into Snap's performance, and will probably come away holding their nose. Across the board, Snap appears ready to...