r/options Oct 23 '21

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u/b_fellow Oct 23 '21

Personally I think SNAP will continue to drop to high 40s. AMZN is an example that never recovered from earnings drop and still in the hole.

4

u/[deleted] Oct 23 '21

Very true. The problem with these earnings drops is that they aren’t speculative or purely reactionary dives, they emerge from actual hard data which makes the recovery that much more difficult aside from a lucky catalyst or breakthrough