$SNAP Snapchat THESIS DOWN BELOW From A New Investor & A Previous Serial Bear ——————————— A few days ago I purchased Snapchat $SNAP. I was the biggest bear of this company from the peak in 2021 & I specifically told people to STAY AWAY. It was overpriced & wasn’t profitable. I feel my opinion matters because I was a big bear & not a slight pumper. To this day it still isn’t profitable (proper profitability grown up numbers) & SBC is wild. I was right the whole way. However things change - laying off 21% & said full year 2027 profitability. I won’t go through each specific numbers that’s your job if you’re invested in the company you should know these minor going to bore to death Although main numbers I’d love to point out - re acceleration in subscription revenue & CEO @evanspiegel stated they will focus harder on ADS. Two very profitable business lines. @specs is a genie in the box that can make this company in a golden investment. But this shouldn’t be the thesis The main thesis should be SNAPCHAT. $9 billion market valuation is wild BUT a Big but & this is where investors don’t understand & are getting frustrated. No matter what @evanspiegel does or how much growth occurs at Snapchat the market is screaming get profitable consistently, positive net income & grow free cash flow. NOTHING ELSE MATTERS. It’s time for Snapchat to become a great stock. Doing these 3 things will make it a $30 billion company minimum easily. It’s time for Snapchat to cut the bloat. They don’t need even 4000 Staff members for a fucking messaging app. Get it lean like Elon Musk done to X & get fucking extremely profitable. Having a shitty stock allows for negativity on products like Specs. I can assure anyone if the stock was at $40-$50 way more eyes would be on specs. Having you’re stock do well is free advertisement. Like I said I was a massive bear on this company & boy I was right. Things change if the CEO wants to change it he was young now should have matured. Time for Snapchat to become great again. CUT THE BLOAT

Destroys $META & $AAPL Glasses. First time for AR Glasses I thought “yeah these are the bees knees”. Poor Zuck been spending $100 billion to be completely outdone by a company that is under $10billion market cap.

$SNAP without a shadow of a doubt I belief Snapchat CEO has asked the question about running Snapchat more streamline. I would hope - I still think Snapchat can cut more bloat out.

RPO is not the same thing as Reddit's entire future revenue pipeline. A company can have declining RPO while still growing rapidly if, for example, its customers/advertisers buy services on relatively short contracts or spend is recognized quickly. $RDDT

The best Portfolio Hideout of 2026 was - Software. People still can’t fathom it. $NOW in the $80s was the biggest misprice I seen in a LONG time. The best thing about it we gotta see Bill McDermott go absolute A wall in every earnings call. It was a hilarious time - still can’t belief people were buying memory stocks etc thinking whatever insane growth was coming wasn’t priced in…🤷 Next Rerating should be seen in Fintech $SoFi dropped from $30s to $15 for no reason. We seen them grow rapidly for 2-3 years in the biggest rate hike cycle whilst their delinquencies DROPPING (which is the bear thesis on why their valuation would drop but they have already proven this to be false)

$RDDT on the Release of $AAPL New Duo Phone It was shown that Reddit was the first app presented on the phone. Now.. this can just be used for advertising but imagine if Reddit came already downloaded on the phone as mandatory. Apple already have started advertising their new products on Reddit heavily as well. Since this realease there has been snippets of people thinking that Reddit could be a buyout for Apple which in reality would make sense Why? Apple needs more than just better AI models — it needs access to the best sources of real-world human knowledge. Reddit is arguably one of the largest collections of authentic human conversations on the internet: opinions, experiences, product recommendations, troubleshooting, niche communities, and millions of discussions happening every day. This could be incredibly valuable for Apple Intelligence, Siri, Safari and Apple Search. Then there's the advertising opportunity. Reddit has built a rapidly growing ads business, while Apple has spent years building its own advertising ecosystem. And Apple's new iPhone Duo advertising Reddit is interesting timing. I'm NOT saying Apple is going to acquire Reddit. (I actually hope they don’t because Reddit has so much potential) Apple + Reddit makes a lot more sense to me than it might initially appear. Even For Reddit if it was to appear on the new duo phone automatically it would kill the big bear thesis that they cannot transition to Mobile Apps instead of web. Also it would be incredibely bullish as it would allow users who never thought about Reddit easy access as well as different age graphics that aren’t very techy to use it.

$SOFI Even Revolut now have custodial accounts - it’s crazy. It’s been years since i have been waiting for SoFi to have custodial accounts. How can you bring in the future when you offer no products for them?

Are people really comparing $SNAP To $RDDT? Lol. Can we please use these two companies as a shit test in the coming years too see how good of an investor someone is please

$RDDT Reddit Purchased 1.5 million shares at $157 last quarter & the stock is still under this prices the company believes their stock is cheap. Elite numbers for a company this size.

Who would have thought Weightlifting/going to the gym would destroy everything else - If everyone who was in the stock market went to the gym at least 4 times a week & weightlifted their returns would excel. It’s facts.

$RDDT Has to be the biggest & most obvious opportunity in the market at this moment. Under $30 billion market cap is insane. One of the biggest factors for Reddit is that they are truely the only place where an advertiser can have the highest ROI on their ads. To make it simple - let’s say Footlocker wanted to advertise Green Bay Packers new NFL season jersey. In that Reddit forum there are millions on it weekly… a simple ad in a fans forum & then there are 100s of Sub NFL & Green Bay Forums that a simple Targeted Ad can be pushed in. Then they could literally do that FOR SVERY SPORTS-TEAM IN THE WORLD IN EVERY SPORT. The app is literally an advertisers wet dream. It’s not like putting an ad on meta, getting the data from an individual on their history or recent activity.. on Reddit they know 100% what this individual would probably need. Reddit IMO can be a $100 billion company Pretty fast. LLM deals isn’t even in my thesis & should be treated as the explosive cherry on the top. If $HOOD $APP & a lot more can be $100+ billion companies then Reddit absolutely can too.

$NKE Go woke & truely go broke - Truely I could post 20+ videos & ads of there garbage Woke DEI nonsense. The introduction of the fat black mammoths into Sports advertising in which Nike use to be the advertisement and enforcement of elite athletes that every child strived to become when they are older. Nike wasn’t just a great clothing & shoes company - Innovative, basic, comfortable shoes & clothing at affordable prices it was the brand where you seen your hero wearing the brand & you spent you’re whole childhood dreaming & trying to become something similar. Nike for over 6 years have advertised to not 1 of their 20-30+ year cohert. They decided it was time that overweight, lazy & loud sludge was going to be the next growth driver… how wrong where they? They have many things against them not only is their marketing one of the worst (it’s actually quite hard since they have a literal array of athletes at their fingertips that kids gravitate too in a heartbeat 🤣) but others come into mind that they never addressed & these are; • The massive increase in the Second hand Market - This for me was an easy spot because for a side hustle since Covid I sell second hand items on eBay & reselling sites Nike & there ACG Line being one of the brands I sell. The quality 10-20 years ago is superior & more are looking to buy second hand due to Nikes failure to innovate. • Fake/Counterfeits Again, easy for me as I see everyone wearing & buying fakes. Truthfully the fakes have gotten to a 1:1 like the real thing. Why pay $100+ for trainers when you get them for $20? Nikes quality has went down every year so fakes have caught up. Now you have another section of customers buying fakes and not off Nike • Their Trainers are garbage Personally 10 years ago my favourite shoe was the free runner & flyknits. I remember going to Florida into the outlets & coming back with 8 different flyknits in different colours I was a young teenager & I never been happier. I’ll always remember bringing $500 as we stayed for 2 weeks & I quite literally spent 95% on those trainers. I never bought anything - I hated shopping and the malls it was the most painful thing all I wanted was to go on the rides in Florida but my family seeing me come down the walk way in the mall with both arms with bags hanging off full of trainers was probably my best shopping trip. Nike today don’t make any of those type of shoes & buy them off eBay! Their clothing is trash - I’m literally in the 1% physique & the fit is fucking trash. I’m their target market in this area and it fits like im a skinny rake on my upper back but somehow my belly is a wide as a fridge 🤣 I could name so many others but my phone is lagging from this - The company is done & truely customers won’t be coming back it was pure betrayal on their behalf & they deserve it.

$Uber is so fucked lmao. $TSLA

$RDDT Reddit has now expanded its AI-powered Max campaigns to all advertisers, automating key parts of campaign management including audience targeting, placements, creative selection and budget allocation. Early beta results were banging as advertisers saw 17% lower CPA and 27%+ more conversions on average. Reddit is increasingly using its huge amount of first-party conversation and intent data to make its ad platform more intelligent and effective. The company is also expanding API capabilities and integrations with platforms such as Smartly, making it easier for advertisers and agencies to scale campaigns. With Reddit’s user base and advertising business continuing to grow rapidly, improvements like this could help drive higher advertiser ROI, greater ad demand and ultimately stronger monetisation per user. Everything beforehand for SMB & Advertising was all MANUAL which was a pain and long process now the process is fast & efficient. Reddits Advertising is literally at the start of monetisation. 🚀🚀

Well well well… $TSLA $UBER

One of the big arguments in the market is the $uber & $TSLA / $GOOG (there are others I know) that self driving and autonomas vehicles will wipe out Uber. I have said that previously that I doubt it’s going to happen because all Uber can do is bring in whatever company is offering there autonomous vehicles either just buy them or rent them etc and have a certain take rate like they do with there delivery drives etc. HOWEVER - after seeing Tesla’s Cyber Cabs out for my own eyes too see I know for FACT that Tesla & Waymo Will be the future & you won’t need anything to do with Uber. Why would you need Uber? In fact why would you need Uber for anything? Tesla now can effectively be the deliveroo if they wanted to or the uber eats in 10 years. They can either just have a driver walk in and collect OR have a robot be in the seat pick up the food & deliver it 🤣. Even for General autonomous.. why the fuck would you need uber? For their “app”? I’m from Ireland & if I travelled to USA & in the airport needed a lift to my hotel or holiday house, if there is a cyber cab right there in front of me I’m getting it. It’s just dumb to think that any of these autonomous companies need Uber.

$ADBE $APP Notice how when 1 X account talks about a stock everyone starts talking about it then notice how 1 X account sells a stock for the dumbest reason & everyone else somewhow screenshots they also sold that day after. Really shows how many people do follow others. Most Of peoples Portfolios are built off others opinions & what they do. I have been telling people you probably shouldn’t be buying $ADBE however the stock has clearly bottomed & the narrative has clearly changed - why I say sell Adobe now or not buy it? Probably not. Why? The narrative has changed & mostly everything is priced in that is negative. So! The biggest bulls who were pumping & pushing Adobe & are now getting out when the narrative has changed? What gives? 🤔🤔🤔 Stop copying others portfolios! EVEN THE BIGGEST ACCOUNTS ARE CLEARLY DOING IT 🤣 Btw I’m not even a bear in Adobe I just felt & still feel far better investments. Good luck to anyone holding it I wish you make a lot on it.

$AAPL The fact that the CEO now is a hardware engineer is probably the most bullish things to happen to Apple Since Steve Jobs lol. Tim Cool literally ran Apple from Steve Jobs inventions & brand & they didn’t even bring out anything apart from a few nice UI changes to make the consumer stickier that’s it. Apple literally decided to sleep for 10 years now I think we might see some generational products & innovations coming out within the next few years I am not a shareholder as I honestly didn’t like the way they were going but my eyes are wide open now. I would love it to drop 15-20% to buy but I don’t think I’ll get the chance