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commented on a stock · Apr 29, 2024 20:36

SNAP registers 83 million new shares Friday night in a new dillution.

$Snap Inc (SNAP.US)$ SNAP pays employees by printing new shares.  Float just increased to 1.5 billion shares.
New 8K filed Friday night.  SNAP registered another 83,000,000 shares.   Another dillution to pay employees happens in a few weeks.  Those employees dump those shares once received.  They will sell them all this week.  Do not buy at $14. Wait for $7
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