SNAP It will keep on going down. Clearly retailers are averaging and MMs are distributing. Glad I was out at $8. There needs to be some major change in this company. So many users and yet fails to capture value.
SNAP I Belive earnings will be better then estimated. Increased ad revenue, more content creators (increased retention), more users turning to Snapchat +. Less r&d costs after the completion of AR glasses.
Risk/reward looks very attractive at these levels.