PINS SEEMS READY TO MOVELooks like PINS found and made some support in the 19 range. bought 20$ feb 21 calls Friday for about 1.00. Looking for a breakout soon, especially from the momentum building up in the overall market. FB, Snap all moving in the sectors. PINS lagging behind but is going to make its move soon and play catch up.
Trade ideas
Pinterest sideways move till earnings reportHi all,
There is no particular reason for PINS to make a move at this moment. In my opinion it just follows the market's trend and i am expecting it to accumulate on the upward channel till next earnings report. At this time i am expecting a gap up or gap down depending on the results. To be honest it's a very difficult trade but i think that since the market is doing well that they are not going to risk another bad quarter and they somehow show the results in a positive way and keep anything bad for another quarter.
Looking for reversal in Pinterest $pinsLook for possible entry on a break from the channel, the stock is still down over 45% from its peak so plenty of upside in a possible reversal.
Company profile
Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp in October 2008 and is headquartered in San Francisco, CA.
PINS long setup - 1:9 risk to rewardThis is crazy but I want to try this. My winning probability is lower than 15%. I am going to risk no more than 0.25% of my account in this trade. No gambling. Maybe i should buy some OTM calls.
PINS LONG SETUP:
Entry: $19.53
Stop-loss: $18.04 ($1.49 per lot)
Take-profit: $32.95 ($13.42 per lot)
Risk: 0.25%
Risk to reward: 1:9
Probability: Less than 15%
Disclaimer: I'm not a financial advisor. This is not investment or financial advice.
Trade safe,
Atilla Yurtseven
$PINS Algos Overreact to Earnings.Earnings Commentary Source Investorplace.
Adjusted EPS coming in positive is an improvement over adjusted losses per share in the third quarter of 2018.
Revenue comes in 47.06% higher YoY from $190.20 million.
Loss from operations during the quarter is -$133.71 million.
That’s a 496.12% wider operating loss than -$22.43 million in the same period of the year prior.
The Pinterest earnings report also includes a net loss of -$124.73 million.
That’s 561% worse than its net loss of -$18.87 million in the third quarter of the previous year.
Despite the poor results, Pinterest co-founder and CEO Ben Silbermann is putting on his best face.
“In Q3, we redesigned Pinterest to make the service more intuitive and improved recommendations quality to help people discover new ideas they didn’t know about before. We are also expanding the number of shoppable products on Pinterest, which makes it easy for our users to go from inspiration to action.”
The Pinterest earnings report also includes a weak outlook for the full year of 2019. That includes revenue coming in between $1.100 billion and $1.115 billion. For comparison, Wall Street is expecting revenue of $1.12 billion for the year.
PINS stock was down 16.03% as of Friday afternoon.
Short interest 13.58%
Company profile
Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp in October 2008 and is headquartered in San Francisco, CA.






















