Good to know. Hopefully that will help boost the stock a little more & spark that short-covering rally. Thx for sharing.

I had read a few weeks back that was coming although I didn’t know it was today. I’m a firm believer that most known variables are usually (not always) priced into a stock & as such, reflected in the charts.

Just about anyone that follows the market closely is aware of the post-IPO smack-down on SNAP as well as the share unlock. Although there is never any guarantees with any trade, I’d imagine that most, if not all & quite possible then some (i.e.- an over-reaction) to the affect that the share unlock would have on SNAP was already priced in on that 62% plunge. If I’m wrong, barring a large gap down beyond my stop, the amount that I risked on the trade is less than 1/3rd of what I stand to profit if my take on the stock is correct.

Thanks for sharing though. As I said, I knew there the share lock period was scheduled to end soon but if anything, the fact the stock is trading up sharply today in spite of that only helps to strengthen the case that the selling was overdone & a short-squeeze may be close at hand.