Snap Inc (SNAP)

[KirraShrimp]

PPS $3-7

Lets be honest...The Snap audience is tweens-20's(future buyers on products, but generally people not producing or contributing on a whole in the markets) women obsessed with animal filter selfies for dating profiles, and men who use it mostly for erotic photo exchange and harassing said animal selfie women.

It's marketed as an entertainment/novelty photo app and people start to age out of it by their late twenties.

With massive server costs,weak revenues and operating in a space where FB/Insta has broad market appeal 15-60's and well established for business and consumer sharing, snap will continue to struggle.

I do think Snap will find its place in the market...eventually.

I will probably buy in around a PPS of $3-7.