OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

im a fukn idiot i sold my pins
johnnyredstorm said:
Yeah normally I’d say you have nothing to worry about because PINS makes a big move and then bases for the rest of the quarter. But guiding 70% revenue growth, posting a 42% ebidta margin, net income 29% of revenue, strong international growth, this might be a multi day runner. Don’t fomo, be smart, if you want in, take a position but don’t drop 100k in one day.
Click to expand...
15k on PINS at open

Also, started a position in MGNI/PGNY 100 shares each.
 
What does pins even do? I think I asked this. They're a storyboard image saver/database? They make money exclusively through ads, or do they have premium services? I'm floored at what constitutes good stocks. Like I would never touch Tesla. Recall after recall and they just aren't great IMHO. Overvalued by 5-6x

It looks like cheetah gaming popped the same time as apps. Is Zynga the next play with earnings next week?
 
Started to look into what’s actually in my IRA portfolio that I do not maintain.

Best way to look for a stock throughout a time period? For example I want to see APPL and VTSAX from 6/1/2018 to now. Growth and percentage of both?
 
anderson said:
im a fukn idiot i sold my pins

15k on PINS at open

Also, started a position in MGNI/PGNY 100 shares each.
Click to expand...
i really like PGNY. I shouldn’t have sold my shares but I got spooked about the market. Id consider buying back in at some point.
wallyhopp said:
What does pins even do? I think I asked this. They're a storyboard image saver/database? They make money exclusively through ads, or do they have premium services? I'm floored at what constitutes good stocks. Like I would never touch Tesla. Recall after recall and they just aren't great IMHO. Overvalued by 5-6x

It looks like cheetah gaming popped the same time as apps. Is Zynga the next play with earnings next week?
Click to expand...
PINS is a visual search engine that is immune to hostility and trolling which makes it a utopia for users and advertisers. The digital advertising TAM is enormous and PINS just started growing video ads as well as their e-commerce feature where you can literally shop from the app. They’re fully integrated into Shopify stores, imperative to Etsy shops, and they’re growing very well overseas, albeit in their infancy. It’s a beautiful company. Pm me and I’ll share a dossier with you.
 
I feel like almost all of us are eating on pins, myself included, my only regret is selling along the way up, and buying dips but not nearly enough. Sounds like others have done the same :blush:
 
I dont have nearly enough shares of PINS. I plan to drop bags on it tomorrow.

The question is should I wait and see if people take quick profits or just get in at the open.
 
206to813 said:
I feel like almost all of us are eating on pins, myself included, my only regret is selling along the way up, and buying dips but not nearly enough. Sounds like others have done the same :blush:
Click to expand...
Sold and was suppose to buy back in, but never did.
 
igotthatstock said:
I dont have nearly enough shares of PINS. I plan to drop bags on it tomorrow.

The question is should I wait and see if people take quick profits or just get in at the open.
Click to expand...
That's kind of what I'm debating about. It had an insane run up from last week low's at ~$64.

I absolutely love using Pinterest looking at interior design, office setups, fashion, etc. and you're able to see all the products that are similar to what is being shown in the picture which is really neat.
 
Thanks johnnyredstorm johnnyredstorm Does Pins and other e commerce rely on the virus keeping us locked down? Users are up because they're stuck at home? How long term are some of you on these pandemic stocks? I remember in august-sept, many of them saw a dip and airlines/movie theater/casino stocks flipped the other way. It's sort of why I didn't get into either side. Take the gains. Buy the dip. But even peloton, I would be weary of.
 
206to813 said:
I feel like almost all of us are eating on pins, myself included, my only regret is selling along the way up, and buying dips but not nearly enough. Sounds like others have done the same :blush:
Click to expand...
did that the entire time. Made excellent money and this definitely helped grow my account, but buying and holding probably would’ve been better

wallyhopp said:
Thanks johnnyredstorm johnnyredstorm Does Pins and other e commerce rely on the virus keeping us locked down? Users are up because they're stuck at home? How long term are some of you on these pandemic stocks? I remember in august-sept, many of them saw a dip and airlines/movie theater/casino stocks flipped the other way. It's sort of why I didn't get into either side. Take the gains. Buy the dip. But even peloton, I would be weary of.
Click to expand...
PINS is legit. They’re a cash machine and their customers aren’t leaving because of the reopening.
af1 1982 said:
Stake an initial position on it now and average in slowly. Wait for a pullback no need to drop bags on something that’s up 25% this week
Click to expand...
exactly this. If this becomes a runaway train, just buy chase size. Historically PINS will make the big move then base the entire quarter. You’ll have time to build.

アミーゴ アミーゴ hates ABNB but this chart is looking decent for a play. Gotta look at my roadmap for levels of supply to play this off of but I may see if I can create a small position for a swing. Similar pattern in Apple.
1612489540339.png
 
For the guys with retirement accounts - how active are y’all using that to trade things? Since that’s more of a long term play, I’ve just let the person managing it do what they do.

Started to look into what’s actually in my IRA portfolio that I do not maintain. I have some money aside in a brokerage account I use to in the mean time?

Best way to look for a stock throughout a time period? For example I want to see APPL and VTSAX from 6/1/2018 to now. Growth and percentage of both just to compare?
 
206to813 said:
No more faang? I have a sh!tton of aapl and amzn... maybe i should trim...
Click to expand...
FAANG + MSFT are all great stocks. I just want to own companies that have a lot more room to grow and to be honest maximize returns in this market. I am young so I can rebuild if it blows up, but if I was older and had a family to support the foundation of my portfolio would be FAANG + MSFT.
 
I think the pandemic is playing a huge role in PINS success. People are at home. Bored. Home improvement went through the roof (go ask any contractor), people love Pinterest to get ideas on home improvement

post pandemic it will drop, as will everything. People will sell and use that money on vacations. You’ll see massive shift towards travel and recreation. Peloton might not even keep this trajectory. Once gyms open up- the need to socialize will be back and people will miss the gym. I just don’t see how else to explain a handful of stocks going from mid teens to 70, 80 90s in 7 months. Unheard of
 
You must log in or register to reply here.

Similar threads

tr1ll
I propose a new SPOILER rule for media in NT's Terms and Rules.
Replies
22
Views
1K
maldonado
maldonado
Manny Fernandez718
Learning a new language thread
Replies
5
Views
965
dman14
dman14
frenchbreadbuilds
atmos Will To Close Its US Stores And Website To Focus On Japan/Asia Business
Replies
16
Views
2K
Beruseruku Desu
Beruseruku Desu

Thread Gallery

View Full Gallery

The ultimate sneaker enthusiast community.

NikeTalk was created as a way of giving back to both the sneaker enthusiast community and to the greater global community of which we are all a part.

NikeTalk is NOT affiliated with Nike Inc. in any way, shape, or form. All opinions expressed herein do not necessarily reflect those of Nike, Inc.

© 1999-2024 NikeTalk.com

Share this page

Back
Top Bottom