Quote from: gbalex on March 11, 2014, 21:04

SSTK data by YCharts</p>

Time to buy.

I AGREE 1000% Time to Buy
as they say on Wall Street
"When there's blood in the streets Buy Stocks"

Snip

Venture Partners Insight, a major owner of Shutterstock , recently disposed of 2,000,000 shares of the company. The disposals took place at $0.00 per share, on dates ranging from February 27 to March 03, 2014. Insight still owns 3,339,748 shares of the company. Insight operates out of New York, NY. Some additional info was provided as follows:

http://tinyurl.com/nuxh9kp

Short Interest Expands By 57.5% For SSTK

Snip

The most recent short interest data has been released by the NASDAQ for the 07/15/2013 settlement date, which shows a 372,566 share increase in total short interest for Shutterstock Inc (SSTK_), to 1,020,693, an increase of 57.48% since 06/28/2013.

http://tinyurl.com/pocscf8

All that chart means is that investors have got cold feet over Getty's latest giveaway.  It doesn't mean SS is doing any worse than it was a week ago, just that stock market traders are having one of their panics. I doubt if any of them know more than we do about the market and where it is headed (and we've certainly been talking it down for a week, I bet that has an impact, too).

I agree, it is wary investors taking profit until they can see some evidence that Getty's move is actually exerting downward pressure. If there is minimal downward pressure I expect SSTK to move up again.

At this point it is clear to anyone who can read the SEC reports, that shutterstock is doing fine. We will know more at the end of the next quarter.

Another percent down

Shutterstock Inc
NYSE: SSTK - Mar 12 3:17 PM ET
85.54-0.98 (-1.13%)

Quote from: spike on March 12, 2014, 11:13

Quote from: gbalex on March 11, 2014, 21:04

SSTK data by YCharts</p>

Time to buy.

I AGREE 1000% Time to Buy
as they say on Wall Street
"When there's blood in the streets Buy Stocks"

Wow, I didn't know there was so much great investment advice in these threads. Actually, when there's blood in the streets, you should call the police and get away to a safe location. What factual data do you have that makes this stock a good buy? Were you looking at the charts? Don't be a chart bug, get the real numbers first. Here's why Shutterstock is way overvalued - The stock is priced now at $85 so times that by the number of stock shares issued. You'll get a market cap of 3 billion dollars. It made a rough gross profit of 144 million last year. The stock has a P/E of 110 which means it's priced at 110 times of it's earnings. So if you paid $85 a share, you'd have to wait 110 years before the stock "paid" itself back in it's earnings. And that's assuming the earnings remain the same every year and don't fall. Also Shutterstock doesn't pay a dividend. So what's the actual book value of Shutterstock? About $5.20 so far. So let me know if paying $85 for a $5 bill sounds like a "buy" to you.

There are a number of biases on Wall Street that investors can take advantage of to beat the market. Some are human psychology, others the result of wishful groupthink from those who are invested. That is why so many investors and analyst watch insider trading so closely. 

Companies who have NOT gone public to monetize, focus on the long term health of the company.

CEOs of companies who have gone public are often criticized for managing for the short term instead of the long term and they do so in response to Wall Street's demands. Because it is a fact that analysts and institutional investors are overly focused on the short term because they have a smaller window of opportunity to make $$$$$$$$$$ hay.  Think of all the public tech companies that ran up to bubbles that burst.

For example, 70% of stock in this country is owned for 12 months or less and that can encourage companies to target short-term opportunities at the expense of long-term stability and growth.  In this case it would also be at our expense.

As for the drops the market tends to overweight immediate news as we've seen in the recent past with the debt ceiling standoff, the financial crisis, and the fiscal cliff. The analyst will be looking for this quarters results.

I've heard the average share is held under 30 seconds.

... and a great part below milliseconds...

Remember to buy more than one share this time Mike.

LOL!
Thanks for the advice

and how many shares do YOU own?

Quote from: mike ledray on March 17, 2014, 23:45

Quote from: Red Dove on March 12, 2014, 13:55

Remember to buy more than one share this time Mike.

LOL!
Thanks for the advice

and how many shares do YOU own?

More than one!

Bet Mine is BIGGER than yours!


LOL
Stock Portfolio that is ...

A bigger port could just mean you throw everything at the wall and hope something sticks, against having a smaller port with lots of selling images. A bigger port doesnt mean more $$$. Shooting images of empty boxes in all sorts of angles and shapes doenst appeal to me anyways.

Wouldn't surprise me to see SSTK make a quick trip back to support in the 80 area.

It failed to hold at 80/82 and is now testing solid support at 75/6.  It will probably consolidate here and in due course try to rally upwards again.

sold my shares a day after the getty announcement. I more than doubled my investment so im happy. I would entertain the thought of buying shares again soon if i think it will rally back