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re: SNAP INC

Posted on 3/2/17 at 12:10 pm to
Posted by chongo
Member since Oct 2014
199 posts
Posted on 3/2/17 at 12:10 pm to
The only question is when will I go short. Snap is like twitter. Instagram introduced "stories" and Snap's user growth hit a wall. They have nothing proprietary. Hell, they even listed as a "camera company." Their cost per user has increased as they have scaled, which is confounding. Their long term cloud storage contracts with Amazon and Google are insane. Waiting 5 days for option chains to become tradable so I can buy puts on puts on puts.
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