$PINS Going short on this stock is the wrong move. This is NOT SNAP.
JohnD
Bullish
$PINS This is most likely going to soar higher after the close today. The implied volatility is 19% so the move will be +/- 19%. This company has $0 debt. Has $2.67 billion in cash. They did over $2.6 billion in revenue last year. They are making money as Wall Street is expecting $0.17/share this quarter. THIS IS NOT SNAP where advertisers now realize that 12-year-old's do not have a credit card. There is an activist in this stock who owns 9% of the shares (English). Company completed "THE YES" acquisition and will be a big positive. STRONG BUY.
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