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HustleEconomics
Jun 10, 2018 1:58 AM

SNAP Thoughts? Long

Snap Inc.NYSE

Description

Things to watch:

Overall news associated to lawsuit.
News associated to SNAP looking to acquire cash funding, buyout or partnerships.
Positive news around the stock.
Feds interest rate result Wednesday.
Tech sector.
Overall DJI Health.


I'm in for potential upside vs risk. There could easily be a large upside here over the next 60 days. Currently holding 5 Calls for 7/30.

Comment

It could easily slip back to 10s. Play at your own risk, with mix of heavy shorts and any news this could easily cause a squeeze.
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