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1) Even with a 58% move higher $SNAP is still down for the year 2020. 2) Doubtful it will hold on to that kind of % gain.

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Trader Brian Jones

@MasterBJones

Feb 4

$SNAP Hard to keep up with all these stocks. So Bizarre. $SNAP I guess got crushed because of $fb today and even before today. Up 58% after hours. They are crushing stock so much before earnings that if you have positive surprise the stock soars.

12:51 AM · Feb 4, 2022Twitter Web App

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If I was long on that stock, I'd take profit rather than wish for another leg up

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Everyone panic sold $SNAP last quarter despite a big beat because of one thing: FUD around the iOS change. Now down 70%, Snap reports that they never dropped the ball in the first place. Why shouldn't it go back to the $80s where it was before the FUD? The team is EXECUTING!

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Insiders selling massively since november, last sale was 2 weeks ago. The team is selling, basically, not executing. 😂