Thread: SNAP

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  1. #1
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    SNAP

    Down 43.08% today. There's a lot of talk about this being a warning for this sector or some junk. I see it as just another sector getting hit with a flash selloff like we're seeing. Any thoughts? This sort of thing does not help me get bullish and buy anything

  2. Member
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    #2
    Quote Originally Posted by Bassmaster96 View Post
    Down 43.08% today. There's a lot of talk about this being a warning for this sector or some junk. I see it as just another sector getting hit with a flash selloff like we're seeing. Any thoughts? This sort of thing does not help me get bullish and buy anything
    I think when we see companies cutting back on advertising it is a forward looking signal that they are looking to cut ad spend due to concerns of future growth. Ad spending is one of the first things to get cut from a budget.

  3. Stocks/Investments Moderator boneil's Avatar
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    #3
    It's an app with unicorns that vomit rainbows. I used the event to buy FB and GOOGL
    Thanos was the hero

  4. Member
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    #4
    I'm definitely going to add some to google tomorrow.