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Short SNAP

 Negatives: Was hemorrhaging almost 100meveryquarter.&nbsp;Haswastedmillionsofdollarsontheirfirstgenofspectaclesand&nbsp;nowtheyaretryingtodoitagain,andtheydidntlistentoanyones&nbsp;complaintsaboutthefirstgen(Asusual).Nooneisgoingtowantto&nbsp;talktoyouifyouhavesnapglassesoneither.GettingsuedforpatientinfringementbyBlackberry,whohavealreadysuccessfullysuedFB.<ahref="https://www.pacermonitor.com/public/case/24121187/BlackBerryLimitedSnapInc">https://www.pacermonitor.com/public/case/24121187/BlackBerryLimitedSnapInc</a>Targetedadvertisingisundercongresseseyenow,whichisSNAPsmain&nbsp;revenuestream.Peoplewillpayasmallfeeforad-freeFB,nobodyis&nbsp;goingtopayforSNAP.Theirbusinessmodelisdependentonnothing&nbsp;changing.CEOdoesntunderstandhisowncompany.MarketCap@18B?Gimmieabreak,thisisthefidgetspinneroftech.&nbsp;TheyareeasilyreplaceableandFBknowsitandisgoingafterthem.Positives:Mighthaveagoodearningsreportwheretheyonlylose100m every quarter. &nbsp;Has wasted millions of dollars on their first gen of “spectacles” and &nbsp;now they are trying to do it again, and they didn’t listen to anyone’s &nbsp;complaints about the first gen (As usual). No one is going to want to &nbsp;talk to you if you have snap glasses on either. Getting sued for patient infringement by Blackberry, who have already successfully sued FB. <a href="https://www.pacermonitor.com/public/case/24121187/BlackBerry_Limited_v_Snap_Inc">https://www.pacermonitor.com/public/case/24121187/BlackBerry_Limited_v_Snap_Inc</a> Targeted advertising is under congresses eye now, which is SNAPs main &nbsp;revenue stream. People will pay a small fee for ad-free FB, nobody is &nbsp;going to pay for SNAP. Their business model is dependent on nothing &nbsp;changing. CEO doesn’t understand his own company. Market Cap @ 18B? Gimmie a break, this is the fidget spinner of tech. &nbsp;They are easily replaceable and FB knows it and is going after them. Positives: Might have a “good” earnings report where they only lose50 million dollars 

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