$-0.14 (-0.42%) Today
52 Week High
52 Week Low
7 Days Mentions
PINS Calls 3000% Gain, not a lot of money, but I made back everything I lost since beginning options trading a few months ago. I saw the volatility was low and that the stock was super undervalued, so I got in around $50. Then earlier Monday calls spiked and dropped, so I bought more and today sold.
Definitely. Robinhood mkt cap is 14B and they have 6.5B cash. If they stay around this price for a few more months, someone will just pay a huge premium to acquire them. 25m users, good tech, smart engineers based in silicon valley. they can change future banking. Paypal might buy them as they have cash and decided not to buy PINS. Or Square or who knows if Fidelity or some big bank.
PINS: 85 to 33 (-61%) ZM: 559 to 172 (-60%) ARKK: 159 to 85 (-47%) PTON: 171 to 35 (-80%) OPEN: 39 to 12.70 (-67%) A ton of stocks have already seen big corrections. The FAANG stocks are all in 5-10% correction territory. Whats the move here? Keep shorting ARK? Crip toes are down ~30%.
>Alphabet to perform worst among FANG stocks in 2022 - JPM survey $GOOGL $AMZN $TWTR $BMBL $PINS $SNAP $UBER $BKNG https://t.co/d4z0k0ybpA ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-01-12 ^05:47:31 ^EST-0500
I think the issue becomes whether or not the reasoning why you bought it in the first place changed. I think a mild issue with names like TTWO is that you do have this incessant buying of re-opening stocks; people really want to believe that covid getting better is right around the corner and so there's pressure on stay at home names like TTWO. When a company buys another company, a decline in the price of the company doing the buying is not unusual, but sometimes the market really doesn't like a purchase - you saw that with PINS/PYPL last year and you're seeing it with TTWO. I don't find the deal very appealing, but the company does have a pretty decent track record with m & a. There's a presentation on the TTWO website. TTWO has done well over time, but it has been a volatile stock over shorter time periods with growth that can sometimes be inconsistent from q-to-q or game delays (late last year), etc. "I do still think TTWO is a great company with a lot of future potential for growth." If that's your long-term view, then own it. "or will the price pop back to $170 tomorrow" I doubt it unless they announce something else.
Personally sold out recently as I thought there were better options in the fintech space for IRR over the next 3-5 years. Their ability to keep growing at the current size, combined with valuation (a few months ago) was a concern to me. Finally, the potential acquisition of PINS struck me as a leadership team lacking ideas to grow the business.
People like to kick things when they are down. Its also a good investing strategy to dogpile shorts on something. Many popular growth stocks are severely undersold (DKNG, PINS, ARKK etc). Good prices to get in, but could just go sideways for a year.
I know it won’t be a individual stock unless it’s MSFT. I do hold large positions in semiconductor, healthcare technology, retail mutual funds and a blue chip ETF. I feel confident not panicking about negative news on a single stock. I have smaller positions in stocks and options that have been run down like PINS and PYPL but believe me I’m proceeding with caution.
Ignore the hate. PINS, SE, MELI and CRSR are solid company. They have a good product, good business and good customer base; they are not company with no product or customer like many companies. Just wait, they will be back up.
Regret buying NET at $195, that stock is a hit or miss IMO esp with the debt they have. Few I am looking at are MSCT, SQ, DOCU and possibly TDOC. NVDA and AMD are good as well. Regret buying SPCE, CLSK and PLTR. Still bullish on PINS.
>Since then I started to build my portoflio and I was up nearly 20% in november 2020, Same story. Different decade. New generation always learns. >Is it normal that great stocks like PINS, SE, CRSR and MELI are down 50% ? Are they ever going to recover ? What the fuck is going on with this bullshit interest rate thing? Same story. Different decade. New generation always learns. >How can a stock lose 50% if some weirdos rise the interest rate whats the point ? Those businesses are not going to lose 50% of customers or revenue or whatever just cause money cost 1% more. Same story. Different decade. New generation always learns. >What is wrong with wall street ? Why they dump so hard and so bad all these amazing stocks ? Same story. Different decade. New generation always learns. >I really have no idea what is going on but I need someone to explain me cause I've never seen in the past 10 years growth stock sold this much for no reason at all. Same story. Different decade. New generation always learns.
I'd go back to the books and try to understand how to fairly value companies. Sure, it's easy for these companies to keep growing when money pumps incessantly, but that doesn't make it fair value. Companies valued at 50x or 100x earnings isn't sustainable. You mention PINS, a company still trading 63x earnings, after a 60% drawdown. That's absurd, and unjustified, even assuming it's a quality company. I always use a car analogy. My 2015 chevy equinox is a fine car. No major issues, runs as it should. I could probably get $12k for it if I sold. You just paid $40k and are now shocked that you can't get $20k. But it has no problems, you say. It's a quality car. Sure, that's correct. But that doesn't make it worth an unreasonable sum of money. When the cash is flowing freely like the past few years, it becomes easy to just throw money at things with no regard. After all, more cash is on the way. But when things normalize, and the rose colored glasses come off, you realize that things have actual value that you can calculate. And a lot of new investors are starting to realize that paying 100x earnings (or whatever other metric you want) isn't indefinitely sustainable.
So I have been investing since 2017, this will be my fifth year. I did quite well apart from a yolo ended up really bad in Lukin coffee and a 15k loss last year on the BB pump and dump. Since then I started to build my portoflio and I was up nearly 20% in november 2020, then God knows what happened and now I'm down 15%. Is it normal to lose 15% in a month ? Is it normal that great stocks like PINS, SE, CRSR and MELI are down 50% ? Are they ever going to recover ? What the fuck is going on with this bullshit interest rate thing? How can a stock lose 50% if some weirdos rise the interest rate whats the point ? Those businesses are not going to lose 50% of customers or revenue or whatever just cause money cost 1% more. What is wrong with wall street ? Why they dump so hard and so bad all these amazing stocks ? I really have no idea what is going on but I need someone to explain me cause I've never seen in the past 10 years growth stock sold this much for no reason at all.
I got SQ, PINS and ROKU, at that same time as you too. It's what got me into stocks in the first place kinda. They all blew Uppppp. But they've been declining all year. I sold a tiny bit, but I'm still holding for the long run no matter. I just try to not look at it, because I know this a a weird time, trying to stay positive! We got this!
$PINS. Big potential with ecommerce and monetization of their platform. 2021 was really rough and its 63% off from its ATHs. There has been some negative talk regarding slowing user growth, but those leaving users are desktop users which aren’t bringing revenue. The multiples have shrunk a lot (P/S ~8) and I think there could be a rebound.
Will come back to pre-covid levels, more or less, like many other stocks with high PE ratio (ROKU, TWLO, ZEN, PAYPAL, PINS, ETC) after the giga run between summer 2020 and February March 2021. After that you could consider to add more.
Pinterest, Tdoc, Roku, Square, Polaris (non-tech/growth but a great value if it drops back to the 100 range). PINS is first up on my list but all these charts look so nasty I want to wait for some sign of a reversal before throwing any cash their way.
No one knows. With the short term, high multiple pe stocks will hurt with the fed raising interest rates. Could go back, but it could take years. Buying Microsoft when it hit it ATH in 2000, it took like 15 years to get your money back. Might not be the case for PINS, but no one knows.
these just aren’t great picks, BA is a good long term but having a port consist heavily of these three positions is foolish. no idea why you think PINS is anything special, it’s a dying company on track to be acquired soon. furthermore, INTC? why? BYND? why? The only good ones here are PYPL, ABNB, and BA (which shouldn’t take up as much % as you probably think they should)
Many have become haters of the stock now when just a few months ago they were singing praises. I ask myself what has changed with the company since then? NOTHING. PINS to me is an opportunity. Time will tell who is on the right and wrong side of this.
Remember what price PINS ipo’d at.. that was the highest price big banks thought they could sell the company for. It’s now almost 50% higher then that. It’s still Incredibly expensive as are these other mentioned growth stocks. Also, when rates go up people want the profits now. These low profit or non profit companies with promises in the future look more expensive relative to 10 year bond. The force of gravity of you will. Yes I’m implying rates are like gravity to these growth stocks
PINS is absolutely at a throwaway valuation right now, as is the much hated TDOC. Compare multiples to its own historical valuations and the growth as reported in most recent ER even over covid baseline. There'll be a buying frenzy again. Just don't know when The most important thing is for gains to hold. We had a mad rally on Monday. All gains given back. Not a context that inspires confidence. Why would anyone hold, much less buy a dip that keeps dipping?
PINS will be acquired by the end of the year. It's not a great standalone company and is not worth 30B on its own, but it's absolutely worth 30B to a payments company that wants to own its checkout process, especially as they lean into livestream shopping this year. In recent history, Microsoft and PayPal have both offered double what the stock is currently trading at. I'm a buyer, but I'm buying with the intention of being in for the acquisition.
Biggest problem for PINS US MAU's down 10% YoY International MAU's up 4% YoY Can't call themselves a growth stock if they're not growing users. What happens if it's not growing users? Twitter hasn't been a good investment since their IPO 8 years ago.
I think overvaluation has been hard to gauge by basically everyone, so the baby is being thrown out with the bathwater so to speak TDOC for instance is hated on. But it trades at a lower multiple now than ever before, and reported impressive growth with even covid year as a baseline PINS is now a stock with a forward PE of 24. It's stupid These have more than "grown into their multiple" in the usual stock market speak But indiscriminate selling begets more of the same, and it's a whole basket of stocks that are getting the double whammy
Undervalued does not mean cheap stock price. However i would suggest taking a look at PINS it dropped heavy to pre pandemic levels while the business has grown significantly(with lots of cash in hand). Compared to similar stocks it’s undervalued imo.
Started my first step in a major portfolio change today. Feel like I'm checking my portfolio too often and spending far too long on research that at best matches the market. Sold everything in my portfolio I didn't feel very strongly about and put it into ITA, BETZ, XLF, AWAY (very small position) and VTI. As I sell off my tech winners slowly (MU, U, PINS) I'll put them all in VGT. I might go full boomer and throw in some VDC. Damn that was the most boring shit I've ever typed on this sub haha.
Sold [PINS](https://www.reddit.com/r/wallstreetbetsOGs/comments/rs06x5/comment/hqk0ibu/?utm_source=share&utm_medium=web2x&context=3) the same day for around 60%. Just sold VIAC for good gains, and [COF](https://www.reddit.com/r/wallstreetbetsOGs/comments/rs06x5/comment/hqjup1l/?utm_source=share&utm_medium=web2x&context=3) for some green. Bought FISV Jan21 104c (up 60%) and HP Jan21 25c (up 16%) at open. However, the play I picked to talk about here (PLUG) is the only one red. 🙄
Keep SOFI and NIO but don’t buy more. Sell everything else. Now use 40% of that money and buy SPY. Buy QQQ for another 40%. Now use the remaining 20% to buy individual stocks. I recommend $ASTS, $PINS, $SQ, and / or $ENPH. Make sure they’re profitably or have a clear pathway to profitability. Or just put 10% more in each of the ETFs because it doesn’t really seem like stock picking is your thing.
If 38% is the lowest growth you’ve had in 4 years you’re chilling my guy. I too love mid cap growth, I’d have been up 100% or so if it weren’t for TDOC, WIX, FSLY, PLTR and PINS 😂. Oh well. I still haven’t sold the majority of those. I took a few losses on Fastly for tax reasons though.
Cuck you were assigned shares long on PiNS LMND and snap into that brutal fall Damn how many puts were u selling hopefully not many I had gone long PINS around 42, and it went to mid 50s on PYPL bs news and I dumped it and got the fuck out, and within days it was in 30s and I was like WTF Same with pton I was long it at 80 and dumped it in 90s within days it was cut in half
It is but understand there is always risk involved. Don’t go over to thetagang and think they got it all figured out. When you’re selling options there is risk all the same. For instance, selling the Puts: you’re promising to buy it at that price regardless of if the stock drops to $1.00. If you sold the 900P on TSLA and the stock drops back to the 600’s, the premium will be considerably less at your cost basis. If you’re selling the Calls, you’re capping your upside potential gain. Sure the premium is good, but if the stock rips upward like it tends to do, you could potentially miss out on the stock gain had you just held it. I’m a giant bag holder of Z, DGNK, PINS, LMND, BLNK, CRSP, SNAP and several others…
Welp I learned a lesson today. Always put a stop loss when moving significant accounts of money, just lost about 49% of 10K (not much to some people but it’s relevant to me) in TLRY and PINS that I bought when they were 12 and 46 respectively… It’s fine money will come back it just sucks because I thought I knew what I was doing and a lot of these loses could have been cut just by risk management. Either way, lesson learned, use stop loss if you can’t afford or don’t want to hold the bag…
yeah i enter them right when PIN news came out and i figured they wont buy PINS it had a +4% opening on news that they wont buy PINS but I didnt sell and take the minor profit. so those cost basis are terrible and likely dead short of very material news bringing it well above $200+ again. ah well their valuation was too rich to begin with. should have exited pronto but didnt think they'll rotate out of payment sector so hard and fast