Replies to post #12634 on Keeping It Simple

[eastunder]

PYPL

10-22-21

241.13

PayPal Holdings (Nasd: PYPL)

SEC, nasdaq,

ShortSqueeze, yahoo

Finviz, StockTA, Stoxline,

[eastunder]

PayPal says it is not pursuing Pinterest acquisition
Mon, October 25, 2021, 12:51 AM·2 min read

https://finance.yahoo.com/news/paypal-says-not-pursuing-acquisition-065143362.html

(Reuters) - PayPal Inc is not pursuing an acquisition of Pinterest Inc at this time, the payments company said late on Sunday, responding to media reports that it was in talks to buy the digital pinboard site for as much as $45 billion.

PayPal shares rose 6.2% to $255.20 in premarket trading on Monday, while those of Pinterest fell about 10% to $52.50.

Bloomberg News first reported on the companies' talks last Wednesday that was later confirmed by Reuters. A source at that time told Reuters that PayPal had offered $70 per share, mostly in stock, for Pinterest.

However, sources had cautioned Reuters that no deal was certain and that the terms could change.

The Pinterest deal would have been the biggest acquisition of a social media company at the reported price, far surpassing Microsoft Corp's $26.2 billion purchase of LinkedIn in 2016.

It would have also allowed PayPal capture more e-commerce growth, as more shoppers increasingly buy items they see on social media, often following "influencers" on platforms such as Instagram, TikTok and even Pinterest.

Paypal, among the big pandemic winners, has done a few takeover deals this year, including its $2.7 billion acquisition of Japanese buy-now-pay-later (BNPL) firm Paidy.

It also acquired Happy Returns, a company which helps online shoppers return unwanted merchandise, for an undisclosed sum in May to bolster its e-commerce offerings and build on its $4 billion acquisition of online coupon finder Honey Science in 2019.

PayPal did not provide additional details in its statement. Both companies also did not respond to requests for comment.

Pinterest is at a crossroads after co-founder Evan Sharp announced earlier this month he would step down as chief creative officer to join LoveFrom, a firm led by Jony Ive, the designer of many Apple Inc products.

(Reporting by Juby Babu and Shubham Kalia in Bengaluru; Additional reporting by Sachin Ravikumar; Editing by Anil D'Silva)

[eastunder]

Pinterest beats revenue target on advertising strength, shares surge
Thu, February 3, 2022, 2:11 PM·1 min read


(Reuters) -Pinterest Inc beat fourth-quarter revenue estimates on Thursday as retailers splurged on advertising during the holiday quarter, sending the image-sharing platform's shares over 20% higher aftermarket.

Revenue rose 20% to $847 million, surpassing analysts' estimate of $827 million, according to Refinitiv IBES data.

Monthly active users (MAUs), however, declined 6% during the fourth quarter to the lowest since June 2020, signaling that a pandemic-driven surge in demand was cooling off as easing restrictions encourage people to step out more.

MAUs - a key metric that shows engagement levels on the website - was 431 million for the quarter, the company said on Thursday. That missed analysts' estimate of 447.95 million, according to FactSet.

Facebook owner Meta Platforms also saw a decline in daily active users from the previous quarter for the first time, and doled out a disappointing earnings forecast on Wednesday, blaming Apple's privacy changes and increased competition from rivals like TikTok.

Like its peers, Pinterest had seen a surge of interest when the pandemic first struck after users took to the digital pinboard to plan DIY projects or "pin" interesting ideas to keep themselves entertained during lockdowns.

Now, social media companies are focusing on advertising efforts to sustain revenue growth, with large retailers and small-business owners taking to these platforms to attract online shoppers.

Pinterest now faces an uphill task to scale its video-first features Pinterest TV and Idea Pins, as well as influencer marketing efforts, especially when platforms YouTube, Instagram and TikTok have a significant lead.

Its net income was $175 million for the quarter ended Dec. 31, compared with $207.8 million a year earlier.

[eastunder]

PINS

You seriously suck as a stock

(although that is a beautiful example of a down trend sma set.LOL)

But still. You suck.

IPO 19.00 4/19/19
10.10 low 3/2020
89.90 high 2/2021
49.01 low 10/6/21
66.00 on 10/21/21 (bump caused by PYPL rumor of possible buy out @ 70

https://stocksbrowser.com/2021/11/08/the-rumor-induced-pinterest-selloff-has-created-a-buying-opportunity/


cpps 26.22 - no shift visible yet and yet - I like Pinterest

[eastunder]

PINS: Tracking wee's for potential build

Well this is just sad.

Quite simply -

blue on top, pink on bottom = bad.
Pink on top, blue on bottom = Good

She's a bad thing right now. LOL
So bad!

5&9


5&14


5&20


5&50

[eastunder]

PINS 26.39

50 day 26.89 and pps sitting right below it

[eastunder]

27.11 on 2/28 PINS

[eastunder]

PINS cpps
sitting above the 20day
sitting below the 50day

Ok. I'll bite.

2.5,1,1,1,2.5,.2,0,0,.5,.5
hold on build

Chick stock. Sorry T&T. No P's.

[eastunder]

PINS

There is no interest in pinterest. (sounds like a country song)

however... 27.11 point of focus. (2-28-22 high)

And Why 8 days flat? That's odd.

[eastunder]

PINS cpps 27.27

[eastunder]

PINS 21.47

[eastunder]

PINS gap 17.55

[eastunder]

Pinterest upgraded to Outperform from Peer Perform at Wolfe Research 05:27 PINS Wolfe Research analyst Deepak Mathivanan upgraded Pinterest to Outperform from Peer Perform with a $28 price target. The analyst believes the company has "significant runway" on both user growth and monetization over the long-term. In addition, Pinterest's pace of execution and progress on its long-term initiatives "should improve nicely" under new CEO Bill Ready, and the stock has "several positive catalysts" ahead including monthly active user growth, margin expansion, and product launches, Mathivanan tells investors in a research note. The analyst also sees a strategic takeover as a potential outcome for shares should the company's execution lag over next several quarters given the activist involvement. Overall, he thinks the stock's risk/reward "skews positively at current levels."

Read more at:
https://thefly.com/n.php?id=3577082

[eastunder]

PINS 22.28

New Gap price from 10/28 and
up Aug-02-2022 20.26 to 21.9
up Jul-27-2022 17.55 to 18.0357

[eastunder]

PINS: What's it gonna be? Up and Over, smack it back down?

200 d @ 22.39
5d 25.19

PPS right below the 50 EMA

27.95? 4/4/22 (Pivot out of a long consolidation)

DONT YOU DARE DO THAT YET. lololol

You go back down!

Open Gaps
Direction Date range
up Jan-09-2023 24.54 to 24.75
up Aug-02-2022 20.26 to 21.9
up Jul-27-2022 17.55 to 18.0357

[eastunder]

PINS:

Repo BFSA if drop (31 day wash)
1500,500,250,500,/ 1500,0,0,0,250,250


32 P/E funds increased from 1300 to 1424 in 4 Q's.

[eastunder]

Pinterest (PINS) Initiates Restructuring Plan to Trim Costs
March 28, 2023 — 11:22 am EDT

Written by Zacks Equity Research for Zacks ->

https://www.nasdaq.com/articles/pinterest-pins-initiates-restructuring-plan-to-trim-costs

Pinterest, Inc. PINS recently disclosed definite plans to reduce operating costs as it aims to mitigate risks amid a challenging macroeconomic environment. The strategic move is part of a focused restructuring initiative to improve its margins for sustainable business practices in the wake of cut-throat competition from established players in the market.

The company has decided not to renew the leases of certain office spaces and expects to significantly reduce its recurring costs by the end of 2023. The office space reduction is in concurrence with the contraction in the workforce that it had initiated last month. Pinterest reportedly slashed its workforce by about 150 employees out of a total of 4,000 by the end of December 2022. The company anticipates incurring $100 million to $125 million charges related to the restructuring plan.

The restructuring plan is likely to offset higher operating expenses for expanding operations domestically and internationally, enhancing product offerings, broadening Pinner and advertiser base, expanding marketing channels and developing technology. In fourth-quarter 2022, total costs and expenses increased 31% year over year $871.3 million. While cost of sales and marketing surged 66% to $317.3 million, research and development expenses rose to $265.2 million from $240.8 million in the year-ago quarter. The increase was largely driven by ongoing investments in innovation, including mobile deep linking, entire page optimization, and improved measurement tools and stronger brand marketing campaign.

However, Pinterest is increasingly establishing a unique value proposition to advertisers that could provide a competitive advantage in the long haul. It continues to dramatically improve the advertising platform, which presently appears to be one of the best ad platforms for consumer discretionary brands looking for new ways to reach customers and stretch smaller ad budgets. Pinterest’s Verified Merchants Program allows brands to create a catalog of shoppable products on the app and use special re-targeting capabilities in their ads.

The acquisition of the AI-powered, high-tech fashion-shopping platform, The Yes, has further enabled it to steer the evolution of its features and merchants. Pinterest and The Yes share a common vision of making it easy for customers to find products matching their tastes and style. The company has been making continuous efforts to absorb creators’ publishing videos and live streams to make the shopping experience swift and easy for customers.

[eastunder]

Pinterest Aspires To Do Something No Social Media Platform Ever Has done
Upwallstreet

May 11, 2023

https://finance.yahoo.com/news/pinterest-aspires-something-no-social-180632206.html

The pinboard style social-media company, Pinterest Inc (NYSE: PINS) delivered a loss as a result of restructuring, but continues to evolve on its way towards monetization or more precisely, to become the go-to place for digital window shopping. But the relatively recent CEO Bill Ready is aiming much higher than that as he aspires to create an algorithm that will support the ‘angelic’ side of the human nature and build a business model around it, one that is based on strong moral grounds.

The Shift To Video Content To Provide The Needed Monetization Boost
The platform will be combining Pins and Idea Pins into a single format, as the updated experience will embody video Pins and static images, along with features like stickers and overlay text. The introduced changes will enable Pinterest users to benefit from features that were only available to business accounts. Moreover, as all Pins will now come with the possibility to add links to anywhere, users will gain an increased monetizing ability of the content they post. Also, they will be able to measure their efforts better as all video Pins will have advanced metrics, which means Pinterest will come closer to its rivals such as Meta Platforms (NASDAQ: META)-owned Instagram. With Instagram and Facebook, Meta offered its users the ability to boost their sales by showcasing and advertising their products. Moreover, Meta went directly to open actual virtual ‘shops’ on its platform, but Pinterest brings the promise of allowing users to build a brand and show off what makes it unique as this platform differentiates itself from others by being the place where users go to get inspired. Moreover, it is an inclusive haven where there’s no fear of negative interactions. Pinterest is yet to monetize these precious values that even Meta is missing. It's safe to say that all social media platforms are working hard to show they are improving in this area.

Amazon To Help Pinterest Make Its Pins Shoppable

The beloved social media platform delivered a surprise with its latest earnings report as it announced it has joined forces with no other than the e-commerce titan Amazon.com Inc (NASDAQ: AMZN). This is undoubtedly a big win for Pinterest who has been long struggling with profitability despite a growing userbase. What’s interesting that Pinterest users already come to the platform with an intention of browsing on what to buy, yet the actual shopping process is not happening. Pinterest needs help to deepen its visual shopping strategy and there’s no better partner than Amazon when it comes to online shopping. By partnering with Amazon for third-party ads, Pinterest has gained access to more high impact brands, the chance to improve its ability to tailor content and the ability to create the best buying experience for its users. A multiyear collaboration with Amazon can be exactly what Pinterest needs to make every Pin shoppable but the result of this synergy will be seen later this year or at the beginning of next one.

Ready Has A Far More Ambitious (And Noble) Goal In Mind

According to Yahoo Finance, Ready has an even bigger picture in mind as he aspires to prove that a different business model can make social media work, as opposed to the current one which at its core prays upon the darkest aspect of human nature. Needless to say, Ready is showing the kind of accountability that is greatly missed in today’s world and not just when it comes to social media. Since its inception, Pinterest has differentiated itself in many good ways, but it now has the chance of becoming the white knight of the social media universe. If Ready succeeds in creating not only an algorithm that fuels users to make their lives better outside the screen but also shows that such a morally-grounded business model can work, he can certainly be proud of having made the world a far better place than it is today.

[eastunder]

PINS 28.77

1) Will you ever learn to monetize? People love using Pinterest.
2) Remember when PYPL wanted to buy you? And the deal was killed. Bummer
3) Is that a multiple top or is that a stage one consolidation with a Pivot of 29.27

[eastunder]

Pinterest Upgrades Follow Investor Day

DA Davidson Upgrades Pinterest to Buy From Neutral, Adjusts Price Target to $35 From $25
MT Newswires 9:18 AM ET

Wells Fargo Adjusts Pinterest's Price Target to $35 From $36, Keeps Overweight Rating
MT Newswires 8:38 AM ET

Rosenblatt Securities Adjusts Pinterest Price Target to $38 From $35, Maintains Buy Rating
MT Newswires 7:19 AM ET

Citigroup Upgrades Pinterest to Buy From Neutral, Adjusts Price Target to $36 From $31

26.88 gap

[eastunder]

PINS

10-3-23

25.95

Pinterest (Nyse: PINS)

SEC, nasdaq, ShortSqueeze

Finviz, StockTA, Stoxline,