written by reader PINTEREST

By they call me stupit, January 9, 2021

Is Pinterest a buy , sell or hold for the irregulars? Insiders are cashing out now.

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January 11, 2021 10:05 pm

Buy and hold long term, is my 2-cents. Its shot up a lot over the past year.

How much research have you done on this stock? I have not dug into it a lot myself but just based on the service they recommend and addiction level of the average users, I don’t see it going away anytime soon. It’s one of the more friendly user applications out there, helping you look up info, get idea’s do tasks, etc.
Steady growing user base, but in a lot of debt. Its current P/E is 244. Not sure they’ve found a good way to monetize their platform.

So is this the next Facebook, which will grow into its valuation, and find a way to make money off its platform. That’s what I feel most people are betting on, and is why the stock has shot up so much.

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