I’m taking a big bite out of $SNAP (Snapchat Inc) to add to my position, and for me, it’s time to start planning the exit. (Reverse pyramid)
With the under-18 rules rolling out in the UK, Australia, and likely more countries to follow, I think the pressure on Snapchat is only going to increase. I was hoping they’d explore something bigger, like a deal with Anthropic or another AI company, but management doesn’t seem interested.
I don’t want to sell at a loss, so I’m scaling out my own way. This is my strategy and my plan to get out of Snapchat.
Not financial advice. If you decide to do something similar, that’s your own decision. I’m just sharing what I’m doing and for my copiers - you have my reasoning ^^ ... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
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