Got Drunk and bought 2000 dollars of SNAP in my Roth IRA on the news that time warner was investing 100 million in original content. Usually I'm smarter than this but I admit this was really stupid. Bought@17.84. Advice and a question?

Queue the people calling me an idiot. I totally agree, buying SNAP feels really dumb on my part and I think I'm an idiot for it. What's the likelihood that SNAP and speculators would be able to push this into the 20s so I can get out of this junk equity and move it into something more viable for the long term? Should I eat my losses and get out now?

Thanks for the help, while drunk I also bought 2 shares of AMZN which obviously I'm more optimistic on even though I'm down on it right now as well.

Much love

Submitted July 08, 2017 at 10:34AM by Budmuncher http://ift.tt/2tU4CyV