Author Topic: Shutterstock Stock Price (Read 4989 times)

LesPalenik · « **on:** September 01, 2013, 10:35 »

Dropping like a stone, today on its way down it broke the $50 level. That's almost 20% decline since its recent height.

The only explanation is that the investors must have noticed the meteoric rise of Symbiostock and its image pool climbing over 100,000 last month. That, or some traders coming back from their vacations noticed only now that Yuri rebalanced his portfolio.

stockastic · « **Reply #1 on:** September 01, 2013, 10:45 »

Right on schedule. First-round investors will be screaming for higher profits NOW, and it's not hard to visualize where that leads.

Let the games begin!

BK · « **Reply #2 on:** September 01, 2013, 10:50 »

This is what they call a buying opportunity. Unless you think ss is going to stop growing and stop dominating this market.

gostwyck · « **Reply #3 on:** September 01, 2013, 11:15 »

Quote from: LesPalenik on September 01, 2013, 10:35

Dropping like a stone, today on its way down it broke the $50 level. That's almost 20% decline since its recent height.

The only explanation is that the investors must have noticed the meteoric rise of Symbiostock and its image pool climbing over 100,000 last month. That, or some traders coming back from their vacations noticed only now that Yuri rebalanced his portfolio.

"Sell in May and go away".

No need to panic. Come November SSTK will peak again. The profit-takers have left a buying opportunity for others.

There's nothing fundamentally wrong with the business, quite the reverse in fact. My August was 20% up on 2012 (and I generally underperform the greater business) so growth must still be strong.

shotupdave · « **Reply #4 on:** September 01, 2013, 16:31 »

Lets all remember that the entire stock market jad recently gone down.

robhainer · « **Reply #5 on:** September 01, 2013, 21:17 »

Stocks fluctuate. It's still more than double what it was when it started. I doubt investors know anything about Symbiostock or who . Yuri is. Those aren't things they look at.

BaldricksTrousers · « **Reply #6 on:** September 02, 2013, 06:39 »

Stock prices aren't necessarily closely linked to the realities of a business. They reflect all sorts of expectations, guesses and enthusiasms among stock buyers. so the price bouncing around doesn't necessarily mean anything. The business can be very strong but if the stock gurus decide there has been irrational exuberance around an issue then the price can slump and may not recover for a long time. If anyone can see into the future and isn't already a millionaire then they must be a bit dumb.
In theory, the price of any stock at any time is a correct reflection of its value, taking account of everything that is known about it. It follows that nobody can tell you where it will be tomorrow unless they have secret information - or, perhaps, an ability to analyse the available information more accurately than others. I don't think the performance of one or two portfolios represents that sort of understanding.

gbalex · « **Reply #7 on:** September 02, 2013, 08:22 »

Quote from: LesPalenik on September 01, 2013, 10:35

Dropping like a stone, today on its way down it broke the $50 level. That's almost 20% decline since its recent height.

The only explanation is that the investors must have noticed the meteoric rise of Symbiostock and its image pool climbing over 100,000 last month. That, or some traders coming back from their vacations noticed only now that Yuri rebalanced his portfolio.

You must have read the article Shutterstock Valuation Makes Me Shudder. The analyst who wrote it thinks the stock is overvalued and that the low moat entry means that it will attract competitors.

Shutterstock Valuation Makes Me Shudder
Jul 12 2013, 07:00 | about: SSTK

Editor's notes: SSTK's success has earned it a nosebleed valuation and will attract competitors in a low-moat industry. Slowing growth means 30% downside as the market gets the picture.

There is one attribute that I will not tolerate in a growth stock trading at astronomical valuations, and that is the lack of a significant barrier to entry which will ultimately breed future competition and compress earnings in the future. Amazon (AMZN) is an example of a company with outrageous valuations, but one that has built out an infrastructure platform that grows increasingly harder to replicate as time passes. A company trading at nosebleed valuations, with little to no barrier to entry for competitors is Shutterstock (SSTK). Shutterstock is in the business of offering a marketplace for digital imagery, both still photographs and videos. Seeing a need to simplify the onerous process of licensing...

http://seekingalpha.com/article/1545712-shutterstock-valuation-makes-me-shudder

stockastic · « **Reply #8 on:** September 02, 2013, 10:31 »

A couple of analysts talking about "nosebleed valuations" after an IPO can nudge a stock down a very slippery slope.

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Author Topic: Shutterstock Stock Price (Read 4989 times)

LesPalenik

stockastic

BK

gostwyck

shotupdave

robhainer

BaldricksTrousers

gbalex

stockastic

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