Nearly four months ago, I did a post called Short Now And Profit, which boils down to the acronym 'SNAP.' I’ve hated this IPO since it came out and now it’s gone sub-teen, approaching losses of 60%.
As a public service, I will remind my readers that Evan Spiegel is understandably not concerned about the unwashed masses getting wiped out by their bag-holding ways, as his mind is focused on his lovely bride and all the fun they can have together — so forgive him.