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?
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?
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’.