I have 57 different short positions, 52 of which are profitable at the moment and the other 5 with a miniscule loss. One of my shorts is SNAP, which is a company I’ve been pissing on, pointing at, and laughing at since they went public.
For those unacquainted with this company, they sell the disappearing dick-pic app (yeah, a real growth market there) and have clumsily tried to position themselves as “a camera company”. They have failed at basically everything they have tried, and my target price for them is $0.
I have maintained all along that if the young chap who founded this place hadn’t run off and gotten married, he might be a little less distracted. Here’s the chart, sporting a NEW LIFETIME LOW, which are my three favorite words in the English language.