Talking Stocks 2.0

[JParm]

Originally Posted by beshannon

I have no interest in PINS but read that it was more of a lack of subscriber growth and ad spend rather than online time

I listened to the earnings call yesterday, and I will say that it was not a leadership team that emotes confidence. Initial drop was 10%, after the earnings call it dropped another 10%.

They are still growing but need a better way to monetize their business. International growth has been nice to see, though most of their revenue comes from domestic users. As I've said before, compare them to SNAP, FB and GOOGL post-Q1 earnings, and this is not what you would've expected during COVID.

I don't doubt they'll get back up to my avg ($20), but after that I may dump and wait until they can get things together.