After what looked to be a fantastic IPO the stock is now 34% of the highs and indeed it looks highly unlikely to make its way back to that region for some time.
Earnings are after the close on Oct 31st and high volatility is expected, to trade it into this report if a very risky strategy and only for the brave.
Average analysts price target $33.58 | overweight
Short interest high @ 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.
Earnings are after the close on Oct 31st and high volatility is expected, to trade it into this report if a very risky strategy and only for the brave.
Average analysts price target $33.58 | overweight
Short interest high @ 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.
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