This is honestly a no brainer. I've been following Snpachat's business practices for a long time before anyone even considered mentioning IPOs and I saw their development.

To make it simple, they turned to advertisement revenue too soon, sold private data too soon, and most importantly went public too soon.

Their 2016 business model was a disaster with Snap Kids being considered a good idea. The price will slowly crash back into IPO land until the few investors start seeing their quarterly earnings being a disappointment and the shorters start seeing the massive gains.

In my book, this is a clear tank.