See my post above. I don’t like their short term price. There’s other stocks I’d rather own at that price. Monetizing as an e-commerce platform isn’t easy. How much of FB’s revenue is advertising compared to e-commerce? Anyway, that bump completely scared me off. LVGO, FVRR and ETSY have run even more than PINS this past year but I still believe in them. I think PINs had a much higher IPO market cap to start hence not quite as much pop this year until the past two weeks.
If it calms down a bit I might bite. I’d stick if I bought it when I should have, but the numbers now far don’t make it as attractive. In 5 years, I don’t believe it will be worth more than those 3 combined. I could be wrong but I think it’s a much bigger risk on the PINS side.