Bearish on $SNAP

٢٧ يناير ٢٠٢٢

With Apple's rules for advertising on mobile apps (mentioned in their last 10Q) and growing competition in the space, especially from Tik Tok -- SNAP is a fairly high conviction short for me. 47B market cap and still not profitable. $831 million loss through September and now we are in a bearish market for tech...

Disclosure: Long February 18 28P