Overpriced IMO.

I can't find stock chart od SS...
Does anyone have a link?

Quote from: borg on November 05, 2012, 21:45
I can't find stock chart od SS...
Does anyone have a link?

https://www.google.com/finance?client=ob&q=NYSE:SSTK

Some interesting numbers reported today.

SS made a profit of $9.78 million in the first half of their fiscal year (not necessarily the same as a calendar year).  However, this was down 5.7 percent from the same period last year.  Total revenue for the period increased 44 percent.

This indicates something caused a significant increase in expenses during the first half of the year (large increase in revenue but declining profits).  Whether or not this was related to the IPO offering I can't tell without additional information.

Just to update this old thread, the SSTK stock has performed exceptionally well. I am kicking myself for not buying in on the IPO, I would have more than tripled my money.

The last week has been pretty volatile for the entire market, and SSTK has dipped down as well.  Keep an eye on the prices for a good buying opportunity... at it's peak SSTK spiked up to $89/share. 

http://finviz.com/quote.ashx?t=sstk

The volume isn't amazing on the stock, but it definitely moves nicely as a swing trade or long term trade.  And why not invest in something you know and understand?  We all know that Shutterstock is the king of the stock imagery subscription plan.

I'm more of a daytrader, though... especially in a market like this.  Take your gains and run.  Cut your losses short.  Things are choppy, and I'm not having too much fun with the biotech stocks I'm holding as swing trades gone wrong lol.