snapchat drops in after hours despite beating numbers. Investor call mentions they are focused on getting free cashflow positive even if it means slower growth.
that sticks right at the 0.618 pullback from its recent low to recent top. another chance to buy I guess
superiorJaguar24882
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thats some drop. wish i picked up some puts. I think the theme here is Puts
optionfarmers
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@superiorJaguar24882, pick your poison, buying buying puts is borrowing money for fixed time to take a direction, if your wrong you lose 100% ish premium. although you might be right about it, i rather miss the drops and catch the long on these growers, more rewarding.