I'm looking at SNAP and I'm wondering if it's a good acquisition play. The stock has been absolutely annihilated, down 90% from its peak, but the user base is still massive and highly engaged, especially within Gen Z. Those kids are entering the real workforce now, and are generating spending money. The company is trading at a dirt-cheap valuation compared to other social media plays, and a large buyer like Google or Meta could easily integrate it into their own ecosystem. What am I missing? Buying calls seems like a safe bet AFIACT