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Author Topic: Getty to go public again  (Read 1471 times)

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« on: July 26, 2022, 00:04 »
+3


« Reply #1 on: July 26, 2022, 10:40 »
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Good.

So now we have 3 companies on the stock market and can become shareholders.

Adobe is the big gorilla, but 3 large companies is better than one.

« Reply #2 on: July 26, 2022, 15:09 »
+14
Bankers, venture capitalist's, business CEO's, all just pushing big money around so they can extract more for their personal pockets.

« Reply #3 on: July 28, 2022, 12:08 »
+4
I hadn't seen this recent addition - Getty is (will be) distributing Wirestock content...

https://techcrunch.com/2022/07/01/wirestock-getty/


« Reply #4 on: July 28, 2022, 15:22 »
+1
I hadn't seen this recent addition - Getty is (will be) distributing Wirestock content...

https://techcrunch.com/2022/07/01/wirestock-getty/

I think my highest sale to date on Getty was 46 cents - only a handful of images from 500px there - they re-keyworded so badly it's a wonder I've had any sales at all. 

I doubt their going public will change anything for photographers. 

« Reply #5 on: July 30, 2022, 16:41 »
0
I really don't understand what game is being played with Getty's stock - or what any of that might mean for the operations of the company (or for contributors to the company) - but on Friday a crazy jump in Getty's stock price occurred. It closed Thursday at $10.50 and closed Friday at $26.15

This article showed up in my Google alerts and suggested "Speculators believe they have a short squeeze opportunity with Getty based on an inadequate float of public shares."

https://investorplace.com/2022/07/gety-stock-alert-getty-images-rockets-200-after-spac-merger/

I don't understand the threads on this subject at Stocktwits (just that it sounds very hyped up and unstable to my untrained ears)

https://stocktwits.com/symbol/GETY

All this after one whole week as a public company again...

« Reply #6 on: July 31, 2022, 01:27 »
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I don't understand the threads on this subject at Stocktwits (just that it sounds very hyped up and unstable to my untrained ears)

https://stocktwits.com/symbol/GETY

All this after one whole week as a public company again...

Short on the stock market is borrowing shares that are expected to go down in price. The "shorters" sell the shares and wait pr the share's price to fall, then they buy them back at a lower price and returns the share to the owner. The "shorters" gain the difference between the high and the low price of the share. Now it seems that getty made some cleanups and removed some shres from the market, which causes trouble for the shorters that wait to rebuy the shares they sold. The price goes up which means loss to the shorters. 

« Reply #7 on: July 31, 2022, 09:14 »
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GETY is 4.5x market cap of SSTK and 3x P/E ratio.  I think it's way overvalued.

https://finance.yahoo.com/quote/GETY?p=GETY&.tsrc=fin-srch

https://finance.yahoo.com/quote/SSTK/?p=SSTK

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #8 on: August 02, 2022, 13:50 »
+1
GETY is 4.5x market cap of SSTK and 3x P/E ratio.  I think it's way overvalued.

https://finance.yahoo.com/quote/GETY?p=GETY&.tsrc=fin-srch

https://finance.yahoo.com/quote/SSTK/?p=SSTK

I think you're right. This is the usual, new stock, people pile on and take profits from the other hopeful people, and then in six months, it will take a dive and get to where it's closer to real value.

My opinion is Getty has taken all the money out of iStock that they can, there will be new areas to drain. I don't see how they could make anything worse for artists than they are right now? 15%, no levels, no changes, no rewards, just 15%. And then that connect thing, whatever that actually is? I mean fractions of a cent for a use? 💩

« Reply #9 on: August 03, 2022, 08:27 »
+3
Getty is apparently one of many companies being targeted by market manipulators. Luckily for them, it is currently going abruptly up.

But they can also aggressively push it down. Probably they are in the phase of trying to attract stupid people into buying, then they will aggressively short it to oblivion.

However, the most bizarre case at the moment is a company from HONG KONG with just 51 employees that just IPOed and has a revenue of 2 million a month and literally no real information for the US stock buyer available online. That company got pushed to a market value of over 200 billion. It is now one of the 25 most valuable companies in the world. 😀😀😀😀

The US stock market is at the complete mercy of aggressive criminals that make Maddof look like a sweet angel.

If you do a search on reddit, you can see somebody is trying VERY hard to get people to buy Getty insinuating a coming short squeeze, but the reddit community is not buying it. Hardly any upvotes, comments or interactions. They rightly see it as a shill hedge fund manuipulation scheme.

https://www.reddit.com/search/?q=gety

And here links to the recent push of the chinese company


https://www.reddit.com/r/Superstonk/comments/weytd5/amtd_digital_hkd_the_25th_largest_company_in_the/

There is also a thread suggesting that Getty, the Chinese company and a few others have been aggressively pushed to hide the failure to deliver shares for Gamestop. Apparently there is a legal loophole where shortsellers do not have to buyback an artificially sold stock, but can heal that problem by buying something similar. And of course since they know what they will push, they can make additional money.

I know it sounds like extreme magic vodoo, especially if you have not been reading up on the criminal manipulations possible in the US stock market, but please keep it in the back of your mind.

The behaviour of these shares is not normal at all and unconnected to what they actually do.

https://www.reddit.com/r/Superstonk/comments/wdzaxg/hkd_a_chinese_ticker_2mmonth_revenue_no_history/


This is not financial advice, I only share links for entertainment, legal disclaimer, yada,yada

But the managers of the affected companies should very carefully look into what is happening to their stock.

If there is no huge publicly visible investor wave - where is the money suddenly coming from?

It might look great on paper, but if it crashes as quickly as it rosepeople can get hurt.
« Last Edit: August 04, 2022, 06:42 by cobalt »

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #10 on: August 03, 2022, 10:17 »
+2
Getty is apparently one of many companies being targeted by market manipulators. Luckily for them it is currently going abruptly up.

I know it sounds like extreme magic vodoo, especially if you have not been reading up on the criminal manipulations possible in the US stock market, but please keep it in the back of your mind.

It might look great on paper, but if it crashes as quickly as it rosepeople can get hurt.

Nope you covered it well and considering how many people have been taken in, conned, and will be by Crypto, I have no doubt, about your suggestions of the inappropriate.

The Getty stock may have dishonest elements trying to pump and dump. Lets see what it looks like in six months?

« Reply #11 on: August 03, 2022, 14:20 »
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If you are brave you can try to ride these waves. I keep reading about day traders that actively look for stock manipulation and get in and out very quickly, often just within two hours.

But I cannot do that, I have tried, but I dont feel comfortable.

I put my money into good companies I believe in. That includes companies like GME because I think they have a great turnaround story.

That they and their shareholders are bringing all the criminal corruption to light is just the icing on the cake.

Not financial advice, only invest in something you feel you understand.

And of course I am NOT suggesting that Getty is in any way connected to these schemes. Their stock is just a victim.

ETA:

By the waydo you see any large articles in the traditional financial press about the abrupt rise of that company from HongKong? From IPO to top 25 company and over 200 billion dollar valuation in the world in a month??

Where is the news about that?

eta2:

Now i am seeing articles about the pump and the msm is blaming it on redditbutnobody on reddit is interested in the stock.

Everybody is scratching their heads what is going on

« Last Edit: August 04, 2022, 11:40 by cobalt »


 

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