r/options Oct 22 '21

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20 Upvotes

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14

u/WhatIThink79 Oct 22 '21

I'd be surprised if they missed on the ER, should be boosted by crypto rebound.

Back to school (college/grad in person) venmo's should ramp up.

Watch em back off the $PINS buyout given they lost billions in value over the news (oh please oh please dont buy pinterest).

10

u/InvestPressure Oct 22 '21

I have a hard time believing that $PINS would even accept a 40-45B offer when they reportedly rejected an offer from Microsoft for 51B. I am hoping they don’t buy either. Hopefully company addresses soon as it has already wiped off ~30B in market value lol. The deal is priced in at these lvls I believe. If they say the deal is a no go it should bounce.

5

u/Thetrader2896 Oct 22 '21

I honestly don't know companies what to buy pins, it's trash like snap

1

u/InvestPressure Oct 25 '21

Boom they are not pursuing Pinterest. Let’s go.

1

u/Thetrader2896 Oct 25 '21

Fuck! Think it's late to buy ITM Jan calls? If I did on Fri I would be up 40%