We are staying away from $PINS

Heartbeat12
2021-08-04

Most of the major investors planned for the drop (they caused the decline). Over 57 major holders had short PUT positions in place 45+ days ago while selling off major portions of their shares. They had the data from the inside.

 

Data are the numbers and the numbers are what created the reaction. Reaction from MAUs. However, $PINS has 45%+ in revenue every year so this may be an opportunity for us all. but the MAUs are the main concern.

 

We are staying away from $PINS, if <$63 is broken we will put a vertical debit spread in play.$Pinterest, Inc.(PINS)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment