Umm, so what exactly is it people are thinking? Why do they keep gobbling up SNAP like the company is ever going to turn around, like, ever?
![](https://slopeofhope.com/wp-content/uploads/2024/08/snap-640x804.png)
Listen, this isn’t economics. It’s something else. Do you happen to notice that a certain company named META is doing just a skosh better? Even on a day like Thursday?
![](https://slopeofhope.com/wp-content/uploads/2024/08/meta-640x558.png)
Look, not to put too fine a point on it, but Evan Spiegel, the CEO of SNAP, has this waiting at home for him every single night (and it took me a while to find a photo that was rated G for this site)…….
Whereas Mark, bless him, may have good reasons for the 400%+ gains on his stock. Just sayin’.
![](https://th.bing.com/th/id/R.037da80087e9c1234bc7ad8f25132e0f?rik=zj7xQ1mQ4ohzfw&riu=http%3a%2f%2fwww.techmynd.com%2fwp-content%2fuploads%2f2012%2f05%2fMark-Zuckerberg-Priscilla-Chan-20.jpg&ehk=cfLaBAjPMC62zPIA4eRgeZF6LcMJU2EcLVlrXVzlrtA%3d&risl=&pid=ImgRaw&r=0)