$Pinterest, Inc.(PINS)$i realized that Pinterest have been consolidating at the 50+ usd range after its major drop from its q2 earnings which was mainly due to the loss of Pinterest monthly active users. One key note to take is that during Pinterest q2 earnings they have failed to mention their mobile users and that they only taken into account their web user this far. In my opinion, given that Pinterest have their partnership with not just $Shopify but $target as well, it might be posed for a major run up after or before its q3 earnings. Now it is believed that Pinterest is kind of revamping their platform into whatever you see you can buy. This is a huge step ahead. Please refer to this video for more details:https://youtu.be/t8q8YjgmolU. I was pretty much blown away by it and excited for Pinterest future.
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