Snap Inc. (SNAP)

Citron Research · 2018-05

arc beats above · slides in the middle · loops below · scroll → 2 LOOPS

Deck intelligence map

coverage by narrative range · generated from this deck JSON

Narrative range 5 total

Metadata

Components

Metrics

Tools

Frameworks

Beats

Loops

Situation & Context 1 slides 100% 1/1 slides 100% 1/1 slides · 6 hits

— 0/1 slides

100% 1/1 slides 100% 1/1 slides

— 0/1 slides

Problem & Complication 1 slides 100% 1/1 slides 100% 1/1 slides · 8 hits

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100% 1/1 slides 100% 1/1 slides 100% 1/1 slides Evidence & Proof 2 slides 100% 2/2 slides 100% 2/2 slides · 14 hits

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50% 1/2 slides 100% 2/2 slides 100% 2/2 slides Action 1 slides 100% 1/1 slides 100% 1/1 slides · 8 hits

— 0/1 slides

100% 1/1 slides

— 0/1 slides

every slide · same image gating as the playbook

The slide uses a contrarian investment thesis, framing the high short interest as a signal for a potential price rebound.frame_situation

Open slide detailBeat · Situation & Context

The slide uses a Bloomberg terminal screenshot to illustrate the valuation gap.compare_peers

Open slide detailBeat · Problem & ComplicationLoop · Pattern Hunter

The slide uses a 'mosaic' argument to justify a bullish outlook on SNAP despite historical underperformance.quantify_opportunity

Open slide detailBeat · Evidence & ProofLoop · Pattern Hunter

Includes a Statista chart sourced from Piper Jaffray.summarize

Open slide detailBeat · Evidence & ProofLoop · Golden Circle

Citron Research report on Snapchat.analyze_data

Open slide detailLoop · Golden Circle

Citron Research note dated 05/31/2018.summarize

summarize