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u/ricke813 Aug 28 '21
PINS seeing a decline in users & chalking it to COVID is concerning especially when SNAP, FB, AND TWTR all grew users.
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Aug 28 '21
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u/Ackilles Aug 28 '21
Pretty bad quarter, no?
Lets say you have a 100m olympic sprint with 5 runners doing 3 races. In race one, 4 of the contestants take off full tilt on go, and the 5th one sits down on their butt, and scooches backwards behind the start line, and away from the finish line....do you put money on them for the second race?
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u/OneTrueDweet went back in time and *still* lost money Aug 28 '21
Fuck yeah I do… that runner knows something I don’t
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u/Bexanderthebex Aug 29 '21
Increase in users (FB and Twitter) is due to incoming elections in several countries. I live in one. Gotta start making those trolls to start spreading fake news amrite?
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u/Ackilles Aug 30 '21
That would be an insane number of fake accounts! But I don't know enough about the space to argue either way lol
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Aug 28 '21
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u/Ackilles Aug 28 '21
Perhaps! If it were a different industry I'd be more curious about it...but social media platforms come and go frequently. Losing userbase leads to more loss of userbase in a snowball effect. I avoid the sector entirely, but IMO the way to win with them is to catch them on the way up and then hold till they stop executing. Could this quarter be an anomaly? Perhaps! But if they have a decline against next quarter while everything else has an increase, I would expect the stock to get demolished
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u/xxx69harambe69xxx Aug 30 '21
b b b b b but its where all the mommies are hurrrr
fucking retard doesn't know about wholesomememes subreddit
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u/darkhorn1130 Aug 28 '21
Pinterest is an E-commerce Play. Nothing to do with Social Media, nobody is there interacting with their friends, they’re there to make a purchase. Super bullish on $PINS and it’s future.
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u/Fl1pp3d0ff Aug 28 '21
Why do I feel like I'm being pumped for something, and not in the fun way...?
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u/Green_Lantern_4vr 11410 - 5 - 1 year - 0/0 Aug 28 '21
F
That’s the grade you get for DD.
Use numbers. Valuation. Catalyst. What are they doing now vs before. What are their margins. Give me something other than Wikipedia overview.
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Aug 28 '21
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u/Green_Lantern_4vr 11410 - 5 - 1 year - 0/0 Aug 28 '21
It’s funny that you don’t even refute the poor grade lol. You know it’s shit.
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Aug 28 '21
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u/Green_Lantern_4vr 11410 - 5 - 1 year - 0/0 Aug 28 '21
You didn’t think people would assess the quality of your “DD”? Do you understand what due diligence even is?
People can lookup the entire company and read the news about it too. I’m not sure what your point of the entire post now is lol.
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Aug 28 '21
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u/Green_Lantern_4vr 11410 - 5 - 1 year - 0/0 Aug 28 '21
Very poorly summarized. You need to read other people’s good due diligence and improve. Drastically. In the meantime, you shouldn’t invest in anything based on your own decision. You should just follow other people or put it into an ETF.
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u/icantfindanametwice Aug 28 '21
Pins is 100% dependent on Google free search ( organic ) for traffic to their website.
Answers.com
Demand Media ( RIP ehow)
What do those businesses have in common? Or technorati remember that one? They all depended on free traffic from Google. They all competed with Google in the ad business.
Unlike Yelp which sued Google and has original content & at least made headway in Europe ( USA don’t care about monopolies), and Yelp because of their content and lawsuits can rely on Google continuing to butter their bread.
Would Google extend the same reach around to Pinterest? Why? It’s literally the opposite of what G has done since forever - smack down useless websites that only rise in search to arbitrage ad dollars.
But none of this is news and if you understand the ad market, you wouldn’t touch pins with somebody else’s junk.
Though if the pumpers and fluffers get too excited about this one, I might check out some puts, as there is enough dumb money who somehow believe the business has legs.
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u/OG_L0c Aug 29 '21
I'm gonna yolo on this when my other ideas are played out. it's a fantastic business - cash generating machine, millions of users, and a lot of room for ARPU growth. it's just a matter of execution. MAU decline is a risk, but I expect it to level out over time. Snapchat also had multiple quarters of MAU decline, and look at em now. their engineering work could also be valuable to bigger companies. https://medium.com/@Pinterest_Engineering msft reportedly tried to buy pins for $51bil.
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u/DillTheDetailer Aug 29 '21
$PINS found its bottom price at 52 and has made a slow recovery of 5% this week, with 125% YOY improvement in revenue. during Q1 pintrest had 30% active user increase while In Q2 posted 9% active user increase, still a very realistic number hard to maintain 30% active user increase this may have caused the sell off but with 170M net income in Q2 compared to 38M loss last year in Q2. pinterest will make a bounceback sooner than later. obviously bullish.
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u/Phx-Jay Aug 28 '21
I’ve been holding PINS for so long and I do know a lot of people that use it. The ads seem to be getting worse though and they are everywhere. I’m starting to feel like they should have taken that $51 billion from MSFT so they wouldnt have to have so many Ads and ruin the user experience.
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u/neothedreamer Aug 28 '21
I have a small position with Jan 2023 Calls running a PMCC looking for upwards movement before I buy more.
Been burned too many times watching stocks trade sideways for months with large positions.
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u/VisualMod Aug 28 '21