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0 pointsmmaunder6y ago0 comments

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.

0 comments

quaquaqua16y ago

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

mmaunderOP6y ago

Guess these guys didnt get the memo.

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.

dangxiaopin6y 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)"

dangxiaopin6y 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."

mmaunderOP6y 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?

dangxiaopin6y 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?"

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quaquaqua16y ago

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

mmaunderOP6y ago

Guess these guys didnt get the memo.

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.

dangxiaopin6y 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)"

dangxiaopin6y 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

mmaunderOP6y 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?

dangxiaopin6y 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?"

1 more reply

j / k navigate · click thread line to collapse