3 ms·

That actually looks catastrophic. Stock price doesn't reflect it yet. Shadenfreude isnt my thing but this looks bad and insiders must already be aware.

quaquaqua1 7y ago
Can't believe the market is currently valuing Pinterest at 16B
- mmaunder 7y ago
  Guess these guys didnt get the memo. https://www.google.com/amp/s/seekingalpha.com/amp/article/4291436-pinterest-next-100-billion-platform https://www.google.com/amp/s/seekingalpha.com/amp/article/42... To be clear, I dont trade stocks and couldn't care less which way this moves. Just seems like the Google trends data is a bit of information asymmetry that the market hasn't caught on to, yet.
  - dangxiaopin 7y ago
    From the article you quoted (call me cynical): "Disclosure: I am/we are long PINS. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha)"
dangxiaopin 7y ago
>insiders must already be aware The lockup period does not expire till mid-october. I read their 10-Q and found this gem about "user re-authentication": "Users MAUs at quarter-end were 300 million, representing growth of 30% year-over-year. This represents an acceleration in user growth, in part due to one-time changes to SEO algorithms and user re-authentication that impacted Q218. International growth drove the majority of global MAU expansion."
- mmaunder 7y ago
  I'm sorry, I'm an idiot. Wtf does "user re-authentication" mean? They're counting MAUs as number of logins and not number of active users?
  - dangxiaopin 7y ago
    I can only interpret that they are talking about logged in users with accounts. The users were logged out during the pre-IPO and that resulted in some double counting in their second post IPO 10-Q. I was researching this because I asked myself a general question: "Why is the stock price of non dividend paying companies correlated to the performance at all?"
    - mmaunder 7y ago
      Ah. Amazon is a good case study for you. Didn't pay dividends for a decade or more. Reinvested everything. Pissed off analysts. And killed it. In that world as long as you can keep delivering growth, you're good. Miss once and you're toast.
      - kgwgk 7y ago
        > Didn't pay dividends for a decade or more. Amazon has never paid a dividend.

quaquaqua1 7y ago

Can't believe the market is currently valuing Pinterest at 16B

mmaunder 7y ago
Guess these guys didnt get the memo. https://www.google.com/amp/s/seekingalpha.com/amp/article/4291436-pinterest-next-100-billion-platform https://www.google.com/amp/s/seekingalpha.com/amp/article/42... To be clear, I dont trade stocks and couldn't care less which way this moves. Just seems like the Google trends data is a bit of information asymmetry that the market hasn't caught on to, yet.
- dangxiaopin 7y ago
  From the article you quoted (call me cynical): "Disclosure: I am/we are long PINS. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha)"

dangxiaopin 7y ago

>insiders must already be aware The lockup period does not expire till mid-october. I read their 10-Q and found this gem about "user re-authentication": "Users MAUs at quarter-end were 300 million, representing growth of 30% year-over-year. This represents an acceleration in user growth, in part due to one-time changes to SEO algorithms and user re-authentication that impacted Q218. International growth drove the majority of global MAU expansion."

mmaunder 7y ago
I'm sorry, I'm an idiot. Wtf does "user re-authentication" mean? They're counting MAUs as number of logins and not number of active users?
- dangxiaopin 7y ago
  I can only interpret that they are talking about logged in users with accounts. The users were logged out during the pre-IPO and that resulted in some double counting in their second post IPO 10-Q. I was researching this because I asked myself a general question: "Why is the stock price of non dividend paying companies correlated to the performance at all?"
  - mmaunder 7y ago
    Ah. Amazon is a good case study for you. Didn't pay dividends for a decade or more. Reinvested everything. Pissed off analysts. And killed it. In that world as long as you can keep delivering growth, you're good. Miss once and you're toast.
    - kgwgk 7y ago
      > Didn't pay dividends for a decade or more. Amazon has never paid a dividend.