PINS

btoned

In their defense, it IS the only social media in town that's public, and no PINS and SNAP are no where in that conversation, and it has down 30% moves in the past.

Ctu_King

What are your thoughts on PINS earnings next week?

kesho_san

$PINS

xFblthpx

If you need an explanation, take a look at their income statement. Look at why they are losing money, and then compare that to SNAP, PINS, and META. Then look at those companies market caps. That should clear up the ambiguity.

ryanv09

Right? I like that they just tossed that out there like it's self-evident. PINS has positive earnings, which already puts it in a higher tier than RDDT until it stops losing money.

chumbubbles

Thinking about starting to hedge some long puts RDDT for sure and SMCI, PINS

Bartteso

For whatever it's worth, we've seen Pinterest grow into the #1 sessions by social source to our Shopify website. It's a food brand, and we put the same posts in Facebook and Instagram that we put in Pinterest. TBH, that's the only reason I'm looking into PINS.

Sea_Farming_WA

Brother, even a shitty social media company like Pinterest or Snap has market values of hundreds per user. $PINS had, what, \*negative\* a dollar in net per user and yet its market valuation per user is in the hundreds.

wewladdies

compare market cap to other similarly sized social media companies. RDDT: 10B (it'd IPO'd at 6.5B lol), PINS: 24B, MTCH (aka tinder, okcupid, and hinge): 10B, SNAP: 18.5B. It's really not that hard too see why it had room to go up from it's initial IPO valuation - you can easily argue it's more valuable than all of these companies. also read their prospectus. nearly half their operating expenses is going to RnD ($440m) and their net loss was only $91m. All they need to do to be income positive is cut their research costs.

qw1ns

I do not deny. If they have good platform, they survive, sell data and make money. Good Platform is a backbone of growth. The main reason RDDT buy is compare the peers like PINS, X,SNAP etc and see whether RDDT is high/low with the peers.

qw1ns

This is the reason, I like reddit, immediate and crisp response, which I can not get anywhere else. Last 7 years, my knowledge about investing expanded by interactive learning with reddit. I missed another point, the UW are four heavy weights (JPM,BAML,GS and MS) from USA and Sam Altman stake holding. This will create pump and dump too. But with $34 (RDDT) too cheap compared to PINS and other social media. These heavy weights already listed RDDT at a low price (compared to other social media) so that they can hike the price. On any case, it worked so far and will work for next 5 years (even if there is a recession whenever it comes).

qw1ns

I applied for IPO allotment and fidelity allotted some shares $34, still holding and will continue to hold as investment. In addition, when after IPO, whenever price is coming down below $50, I started DCAing in separate account and the average price is $50, still holding it and no plans to sell. The simple reason I bought RDDT is that I am using only reddit blog, neither X, nor FB or nor any social media sites as Reddit users are interactive and straight forward answers. Compared to PINS, RDDT is way small, but very likely grow like FB,snap,X I understand RDDT company may become corrupt by selling users' data soon like FB. **OMG ! Reddit consensus works nicely, entire Reddit community was against RDDT since they started S-1.** **They downvote good comments and upvote bad comments !**

abaggins

With people comparing its market-cap to PINS and SNAP - its possible it doesn't go below 34$ again. And if it does, bear articles/posts that would inevitably crop up would probs stop you buying. It might get added to the AI hype, and double even its current price. No one knows.

Higher-Definition

Need help or advice on mitigating loss/recovering from buying calls that are flopping. Noob investor. Started dabbling in stocks ~3 months ago. Invested $6600 so far. Made $1000 in gains over the ~3 months. Gained confidence and a tarted buying calls 🤦‍♂️ They’re all negative. Lost $1000 gains, but currently at breakeven. I’ve been reading up on different strategies to offset loss / recover but it’s confused me even more and don’t want to risk creating an even larger mess/loss. Any recommendations? Should I exercise any of these? Do you ever roll options at a loss? Should I sell the option at a loss before losing my entire premium? Any help greatly appreciated!!! Current buy call options (1 quantity of each): NIO $6 call Apr 19 $-23 NVAX $5 call Apr 19 -$43 ARIS $12.5 call Apr 19 $-45 PINS $35 call Apr 19 $-26 HPQ $33 call Apr 19 $-19 INTC $44 call May 17 $-124 UBER $80 call June 21 $-40 XPEV $9 call June 21 $-104 NVAX $5 call Jan 2025 $-34

Fifteen_inches

PINS has a direct 3rd party seller revenue stream.

Dichter2012

Problem is IG (Meta) stole PINS’ lunch a couple of years ago on fashion and commerce. They are don’t have much growth anymore where Reddit still have _some_ room to grow on both users and revenue.

Dichter2012

Fidelity’s private funding round during peak COVID valued them at $10B at that point in time. Their revenue and sales definitely is doing much better compared with back then so I guess it’s ok. A little rich, but I can see that when PINS has a market cap of $24B.

wearahat03

Highly speculative. Something people like to trade but risk:reward is bad as a long-term investment. The proof: Look at the 5-year charts for PINS, SNAP, MTCH, Z, TWLO, YELP All the stocks in the same industry and size have underperformed the SP500 significantly over the past 5 years.

2CommaNoob

You are looking at the incorrect metric. Reddit is one of the top 3 social media companies in the world and value only at 6B. You got shit like X, Snapchat, PINS, who aren't profitable, losing users, losing interest and are valued still higher than Reddit. If Reddit was valued at 50B, then I agree with all your points. The valuation is low compared to their peers and it will come up to them. Growing a user base is much harder than monetizing it.

czarchastic

Reddit is at 7.3B. For reference, SNAP is at 18.8B and PINS is at 23B. What makes you think Reddit is 4x overvalued at this price?

mistaowen

Have my boring retirement fund maxed each year so this is my fun growth/volatile portfolio: ​ Google (GOOGL): 16% - started adding around $100 and plan to keep this a high % of my port Palantir (PLTR): 14% - sold during Covid euphoria and added from $15 all the way down to $6, similar plan to keep high % long term, may trim if it runs to $30 again short term. Taiwan Semi (TSM): 13% - I think they'll play an enormous role in AI growth/implementation over the next 5-10 years. Plan to add if this falls towards $130. Intel intrigues me too but I think money can be better used until 2025ish for them, Pat is doing a good job so far but it'll take a long time to return the decision making to engineers, not suits. Celsius (CELH): 14% - probably trim this one soon, bought in after their earnings flush to the $50's and rode all the way to $90's. Awesome growth numbers but valuation is a bit high. Raytheon (RTX): 10% - Bought during the Pratt and Whitney debacle when it fell to $70's. Nice dividend, defense contractor that remains a huge player for US gov't. Pinterest (PINS): 10% - Been trimming here. Pins is doing a lot of things well under the new CEO, plenty of partnerships and a huge opportunity for e-com shopping platform but the market just doesn't seem to care since it's expensive. Brookfield Corp (BN): 9% - Bruce Flatt is awesome, set it and forget it stock for me. Affirm (AFRM): 9% - BNPL certainly not a fan favorite and they're still not profitable. Really volatile stock that I run options with. Long term I'm a big fan of Max Levchin and trust if someone can break into this field, he's the guy to do it. Been scaling out of this after the ridiculous run from October, leaving enough to sell some calls. If it falls back under $25 I may start adding to my position again but for now I just try to play theta after rallies and not too worried about getting exercised. TransMedics Group (TMDX): 5% - new add and will continue to accumulate around/under $70. wonderful recent earnings and some pretty serious revenue growth potential the next few years. ​ Always open to new growth names to read up on.

BearBong

/u/ben_salander27 PINS has a ton of human curated / labeled data. It's by the users themselves when they save. While PINS haven't licensed that info (it's what powers their taste graph) it is very much something they'll consider. AI training on text (reddit) is one thing, but millions of human curated and labeled images will surely power future visual GenAI (midj, Sora)

entityinvesting

A little high at $34, the only stock o could really compare it to is (maybe) Pinterest (PINS) at $34.29 with a $23Billion Market Cap.

macspy

PINS vs RDDT ??

Reasonable_Investor

I am just buying all in. PINS its closest competitor is worth $23 Billion. As a relative valuation, I can see this being very bullish in a bubbling market. My bet by year close, it matches or surpasses PINS. So, I think by December $120xd.

KnowledgeNate

Ok.. and your point being? When will a PIN (no pun intended) be stuck in that valuation? Along with the rest of tech? The argument that the market is overvalued is too broad of a counter-argument. Also, I will say $PINS is just the bench-mark comparison. If it's worth $20Bn and really worth $10Bn its still greater than the reddit IPO price which I think is vastly undervalued.

lelmeester

Thank you for the game, PINS. 

OPINION_IS_UNPOPULAR

Did you get any leads off PINS? There's quite a few internet sites that have crazy high referral fees. Condos.ca for example charges quite a big fee

lelmeester

Well, yes. My PINS puts will get crushed in that case

lelmeester

House vote at 10am on TikTok ban. If rejected, PINS might drop 10% 

lelmeester

 I have puts on PINS

Atriev

Did bro just compare PINS share price with Reddit’s IPO share price and use it as some form of relative valuation? I’m dead. 😂☠️

ecotaxz

If you factor in net cash position of $1.2bn, EV is $4.30bn and EV/Sales 2023 is 5.4x and 4.5x 2024e (**assuming** 20% sales growth this year, i.e. same growth rate as in 2023). This compares with 3.4x for SNAP, 6.8x for META and 4.9x for PINS (based on consensus).

shillyshally

Barron's Reddit RDDT 0.00% will target a valuation of up to $6.4 billion in its U.S. initial public offering. The social media platform said Monday that alongside some of its investors it intends to sell 22 million class A common shares at a price of between $31 and $34 each, looking to raise up to $748 million. That would indicate a market capitalization of up to $5.4 billion and a fully diluted valuation of up to $6.4 billion. Reddit expects to receive net proceeds from the offering of about $450.9 million, based upon an assumed price of $32.50 per share, the midpoint of the proposed pricing range. The pricing information comes less than three weeks after the company said it had applied to list its shares on the New York Stock Exchange under the symbol RDDT. The valuation looks relatively modest considering that Reddit was once valued at $10 billion following a funding round back in 2021. Analysts at New Street Research recently issued a base case valuation of $10.4 billion. According to the IPO filing, Reddit had 2023 revenue of $804 million, up 20.6% from 2022. Most of that comes from advertising, but licensing is also an opportunity – the company was recently reported by Reuters to have struck a deal with Alphabet’s Google worth $60 million a year for its content. The top of the valuation range implies Reddit would trade at just under eight times its 2023 revenue, although that would compress to less than seven times if it grows at the same rate this year. Among fellow social-media companies, Pinterest PINS -1.60% trades at close to eight times revenue and Snap SNAP -4.20% trades at around four times revenue. Reddit booked a loss in its latest year of $90.8 million, narrowing from a loss of $158.6 million in 2022. Write to Adam Clark at adam.clark@barro

Ghost_Pains

I went +30% on SPY calls and +37% on PINS puts today. I’m afraid to move lol. My newest positions though are ANF and AVGO.

Emotional_Upstairs28

PINS

_Stappy

This isn't sarcasm I'm legitimately curious, and this is alot of questions, are PINS/SNAP/TWTR worth more? Do people even use snapchat anymore? How does Snap have so many more users and revenue? I get that reddit operated at a loss the last 2 years at least, but how are these other social media companies making money that reddit can't? I feel like I keep seeing talks of "ad revenue" when isn't the data worth way more?

TomatoSpecialist6879

PINS' demographics is 99% girls across the globe while BUMBL contributes to at least 80% of the daily consensual ass pounding happening across the globe. Shorting them and LULU is the same as throwing money into fire

albino-snowman

careful. i tried inversing WSB with PINS and BUMBl and took an L

Metacog_Drivel

I'm finally green on PINS

lelmeester

PINS makes me irrationally angry 

albinosnowman6

i also did the same thing on PINS lol. im the one true regard.

boredpapa

I did their membership in 2021. Literally everything I invested in because of them has lost money. LMND, OKTA, PINS, SHOP, ZM, FVVR, APN, NET, BLUE, RMD. All losses in excess of 100K. Never again, I was the fool to listen to their advice.

Ghost1914

If BMBL pulls a PINS on me though...

lelmeester

!banbet PINS 32 25d

lelmeester

Strategic selling on PINS yesterday, may it continue 

tonenyc

Right, look at PINS, SNAP, then you got the Trillions META. 

DankMemesNQuickNuts

I think I might follow you actually on this that entire online shopping industry completely shit the bed this earnings season. SHOP, PINS, ETSY all did poorly

CorrosiveRose

SNAP looking weak on a massive green day. Holding my puts. The slightest sense of reality in this market and the shit is going to $8 PINS on the other hand is showing some regard strength.

Metacog_Drivel

PINS to $40

lelmeester

PINS might take the fuck off and close the gap above 

MetamorphicHard

We’re all idiots. Anyone who thinks this isn’t gambling is even dumber though. My positions are GOLD, PINS, GOOG, SAVE, SHOP, AMZN, and JBL. SAVE and SHOP have been flat since I bought it but I’m hoping it corrects back to premerger rates. I’ve been holding Google since it was $90 and it makes up 65% of my portfolio (fake ChatGPT release screwed it a year ago). GOLD and PINS are my real hopes rn. Both look very promising. The rest I’m mostly just waiting for the gains to turn into long term gains so I can avoid some taxes.

Metacog_Drivel

PINS to $40 because there's, like, 6 women out there that still use the site.

ChiefWonderBeef

SHOP shit the bed, PINS shit the bed, and my girlfriend absolutely hated the shit I bought her on Etsy. The third part is me being shitty at giving gifts, but point being there’s nothing special that definitively separates Etsy from its competitors. Plus there are more players entering the market (Temu -junk shit, but still technically competition). They’ve beat earnings pretty consistently, thinking it’s time for a pullback.

lightwolf_

the same people who use pinterest also buy from etsy, and look at what happened to PINS. puts on etsy

Training-Custard-788

anyone else got etsy puts? should i hop on the kys etsy train? PINS SNAP and SHOP all died so this seems similar

Desmater

I am liking the fundamentals. From what i see, zero/low debt, finally profitable and at all time lows. They seem to have a growth plan from last earnings call. I like to see FCF in any company I pick. PINS is similar fundamentals as well.

Metacog_Drivel

GOLD and PINS 

Metacog_Drivel

PINS has awoken

lelmeester

DAILY REMINDER - PINS AT $35 IS NOT A BARGAIN 

Caro_Quintaro

https://preview.redd.it/nblnt9ndbfic1.jpeg?width=1284&format=pjpg&auto=webp&s=055e15ea65c2a57f6928cdd7ade32886015d4879 Ignore PINS and SNAP those were earnings plays 🥴

ramdomvariableX

NVDA, PINS and SMCI only greens in my port, and they are still carrying it. True corporation style, 3 people doing the work for remaining 30.

Training-Custard-788

so today we are making the left side of the V tmr we will finish the right side, source? my PINS SHOP DKNG WM KO GT calls

Metacog_Drivel

Don't worry guys, PINS is up 1%

lelmeester

I hold nothing but contempt in my heart for people who buy PINS at $35. Sickening 

lelmeester

DAILY REMINDER TO NOT BUY PINS AT $35 

permabear2023

I bought PINS calls ZI puts, both tanked. Now HOOD calls

Training-Custard-788

OK HERE WE GO TMRRR: SHOP: print WM: print KO: print GT: print DKNG: print  waiter more hopium please for PINS

lelmeester

BUYING PINS AT $35 IS NO BUENO 

Honestly_Anon

OP literally recommended SNAP calls and didnt recommend PINS puts. Maybe no red X needed for PINS but dont recommend calls if you arent playing yourself. its the wsb old motto of “positions or ban”

Ok-Monitor8121

PINS looks like a great buy rn believe it or not

Far_Highway_2145

Is PINS going back?

Honestly_Anon

SNAP deserves a red X and so does PINS. Both were able to make money from buying puts.

takenorinvalid

**Your scorecard:** |Stock|Recommendation|Result| |:-|:-|:-| |LLY|$700 02/09 Call|💵| |SNAP|$17.50 02/09 Call *(OP notes he did not buy)*|✖️| |F|$12 02/09 Call|💵| |DIS|$100 02/09 Call|💵| |PYPL|$64 02/09 Call|❌| |PINS|Do not play|✖️| |AFRM|$48 02/09 Call|❌| |NET|$87 02/09 Call|💵| |LSCC|$70 02/16 Call|⌛|

lcmeyermier

Zooming out doesn't look that bad [PINS:NYSE](https://bourus.com/assets/USPINSNYSE)

Training-Custard-788

Watching the Super Bowl is like bowling a strike – every play, every move, hoping to knock down those metaphorical 'pins' on the field! PINS REVERSAL 42 EOW

Gemini_Of_Wallstreet

I’m unironically still coping for a PINS rebound 

wallstreetbois

PINS has 100M users in US and Canada. US 300M population Canada 40M That excluding kids and elderlies, translates to about every 1 in 2 people are using Pinterest. Do you feel every 1 in 2 people around you are using Pinterest?

Mr_Shahin_619

* traded Turbo KO BABA PINS FASTLY NET Meta uber pepisico Roblox Amzn DIS

nateccs

very simply put, if you paid $1.53 with a 37 strike your breakeven by expiration is 37-1.53 = 35.47. Adding a week of time value and some value from the other greeks, you probably would have made profit if you sold at 9:45AM today when PINS hit 35.07. Looking at ToS, your option hit $2.1 at 9:45AM today. So you woulda made $58 minus fees. At 11:40 there was another dip and the option sold for $1.8. At close the option is presently worth $0.84. Hopefully just one contract so not too expensive of a learning lesson! You need to be watching and setting alerts and prepared to enter trades to get out of your positions very quickly. Even a few seconds and you can miss your opportunity. Limit sell orders can help, and trail stops can help lock in gains too. Also on the flip side, since options carry 100% loss risk it is wise to set stop limits or minimally alerts so you know you are loosing money!

TheRealMangokill

PINS this as top comment pls.

TheRealMangokill

Someone wanted to crash the stock and they did. PINS missed by 9million dollars....that's pocket change to the janitor over at PINS. Everything else including the partnership with Google and Amzn should have had investors pitching a tent. This was a win foiled by big dick money.

Katsura_da

Im gonna tell you the other stock I usually go on the same side this 2 go, ETSY, it has been wrong more times than PINS and SNAP but still have worked a few times, maybe you are better at this and less greedy. If you get a jackpot tip me a little ;) if not.. is not my fault ok?

EmptyElephant8610

my PINS 30 2/16 puts are crying

gregfromjersey

Good ER thus far. PTON Puts printed, SNAP Puts printed, SKX went bad for me, PINS was a mini print. Regardless of what the regards think about Bitcoin ETFs or all of the "fees' that ABNB has, both are great stocks for the long-term. ABNB calls might be in play but the sure play is the PANW 390 or 400 calls expiring Friday. Buy early next week and get out before ER if you are not willing to risk it. I expect PANW to get a lot of insitutional buying into earnings.

Lonely-Leg-29

So, social media stock Pinterest (NYSE:PINS) recently brought out its earnings report, which went over like a lead balloon. But the analysts stepped in, and offered some commentary that suggested things might not have been as bad as they seemed at Pinterest, though they sure looked bad. However, the commentary wasn’t much help against the numbers, and Pinterest shares were down over 10% in Friday afternoon’s trading.

accruedainterest

Stonks don’t just go up you know. PINS SNAP BABA what do they all have in common?

whattayawant

Any other day PINS would've fallen 25%... management should count their blessings lol

Training-Custard-788

so who else bought PINS calls, dont be shy

BlueWhiskey007

You needed a 13.5% selloff from $41 just to break even; which tells me many traders anticipated bad earnings and a selloff, but not as much as you paid for. You still have another week, and I don’t follow PINS, but its not uncommon for the stock to continue selling off next week as some investors don’t see it until this weekend, and then decide to sell on Mon/Tue…just depends on how bad the results/outlook are, and with everything else going up, some may decide to move on…

Fox_n_Roll

Tempted to buy some more PINS calls to maybe cover my losses.. i mean, they are a fith of my average price now… But that’s gambling at this point

businessboyz

Your breakeven price for PINS is $37 - $1.53 = $35.47 which is below the current price of $36.29 meaning you still room to go down until you’ve guaranteed a return. So now you have a week for the price to keep dropping. Problem is…there isn’t going to likely be much movement now after earnings. If the overall market keeps heading up, your puts will likely expire above your breakeven price and maybe even above the strike price.

neilskric

closed my TTWO and PINS puts what now

Hour-Animal432

IV is the anticipated move percentage. So usually, IV is HIGHEST right before earnings or some other event with an uncertain outcome. Once earnings comes out or the event brings more certainty, negative or positive, the direction for the stock is more clear and so IV crushes the prices of options. Easiest way to calculate IV crush is to NOT BUY options with insane IVs.  PINS is at 33ish % IV currently, that means the market is anticipating a 33% swing and pricing that in. You also then pay in a 1.53 premium and that's just about saying it's a 2.35 premium if IV doesn't crush on a best case scenario. Since the market now knows the direction, it's likely IV will come down, causing the pricing premium on that option to also come down making the contract worth less than before.  The only scenario I could see buying a contract for this to make sense is only for hedging at those premiums.

OnceALoser

FB gave good earnings. I ended up getting SNAP and PINS hoping that these will also report good results. Now I need a good psychiatrist.

Gnarkill-530

bean dip dreamboards boosting PINS

JustSayingMuch

Wheel PINS 30DTE until rich

CorrosiveRose

PINS looking like it's about to enter freefall. Holding SNAP puts for more downside. There are some stinkers in this everything bull market

burnerschmurnerimtom

IN THIS ORDER, I’ve gone: SAVE calls INTC calls FORD puts DIS puts And then last night, PINS call and Pepsi Call.

Bronto_Chad

You could also have bought 100 shares of PINS in the AH when it dropped to $30 to secure your gains.