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I was recently asked about Snap (SNAP). Having no articles on the subject, I figured I’d make my thoughts public now. Let’s get into the business itself, discussing a potential trading plan afterward.
Let’s start with one recent other aspect of Snap that has been of interest to me due to the news coming out of France (link in the next paragraph): its use in independent businesses. Illicit business, such as those selling counterfeit goods or illegal drugs, have found success in advertising their products via Snapchat. Unlike text-based social media apps, Snapchat is image-focused, and thus screening via something like a text filter is impossible, and machine-learning algorithms are yet unsuccessful in adequate image screening.
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