Agency Based Discussion > Shutterstock.com
On 3/1/2021, Stan "the man" CEO cashed in nearly $8 million worth of SSTK stock.
duns123:
Stan the greedy man!
SpaceStockFootage:
--- Quote from: blvdone on March 07, 2021, 17:02 ---
--- Quote from: cathyslife on March 07, 2021, 16:53 ---Most here are so over Shutterstock. You seem to be obsessed.
--- End quote ---
I like finding out what the management people are doing. Especially now that we see the results of their horrible decision against us last year in their finance and stock price. I'm interested in why they do what they do even knowingly hurting us contributors there. So, I'm not over Shutterstock at all. It's ongoing.
--- End quote ---
I think the stock price makes it clear why they do what they do... horrible decision for us, but not a horrible one for them.
Artist:
This stock used to float around 25-50 range, now they crossed $100 USD mark.
They cleverly took all the greedy steps for the company.
We contributors are crying. I lost almost 50% of my earning. :(
everest:
From a business point of view clever . They are already reaping what they sought. They are also selling. That is a big red flag. You will see what will happen in the next 12 or 24 months. Oringer will be already out. But mark my words. Shutterstock will not even be in the top 4 in a few years.
--- Quote from: Artist on July 04, 2021, 04:32 ---This stock used to float around 25-50 range, now they crossed $100 USD mark.
They cleverly took all the greedy steps for the company.
We contributors are crying. I lost almost 50% of my earning. :(
--- End quote ---
cascoly:
--- Quote from: everest on July 04, 2021, 08:27 ---From a business point of view clever . They are already reaping what they sought. They are also selling. That is a big red flag. You will see what will happen in the next 12 or 24 months. Oringer will be already out. But mark my words. Shutterstock will not even be in the top 4 in a few years....
--- End quote ---
from a business point of view floating an IPO is always followed by selling when stock options mature - no predictor of the company's prospects
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