MicrostockGroup
Agency Based Discussion => Shutterstock.com => Topic started by: mike ledray on March 05, 2014, 15:41
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Shutterstock just keeps on getting Better and Better every day.
Bid 101.51
Bid Size 2
Ask 101.66
Ask Size 1
Open 99.49
Day High 102.81
Day Low 99.16
Previous Close 99.63
52-Week High 103.01
02/27/2014
52-Week Low 33.94
03/07/2013
Price Performance (Last 52 Weeks) +191.57%
Volume 298,482
90-Day Average Volume 197,616
Primary Exchange NYSE
Index Not In
S&P 500®
DJIA®
NASDAQ 100®
SS IPO was $17.00 per share
Wish I bought More a lot More! but im happy just the same
:)
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Mike, its only ca-ching if you sell. Paper is worth nothing. Dont wait with selling until they are 16$.
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This calls for a picture of a poncy dog in a costume ... surely?
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[url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url] ([url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url])
The COO sold about 1.5% of his total shareholding and pocketed almost half a million in cash. Nice for him but hardly a sign of lack of confidence in the future. Or maybe he's only 98.5% confident.
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So they can definitely afford to give us a raise ;)
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So they can definitely afford to give us a raise ;)
You're not Maartje is disguise, are you?
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LOL! No!
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Shame you only bought the one share Mike.
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If Istock listed I don't think I'd be buying any
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[url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url] ([url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url])
The COO sold about 1.5% of his total shareholding and pocketed almost half a million in cash. Nice for him but hardly a sign of lack of confidence in the future. Or maybe he's only 98.5% confident.
It looks like Thilo Semmelbauer set up auto trade sales @ 5,000 shares which are executed on roughly the same date once per month. To date they total $3,195,950.00
James Chou (Chief Technology Officer) cashed out on all his positions.
5,000 $98.7 $493,500 0 (Direct Ownership Share)
http://www.secform4.com/insider-trading/1549346.htm (http://www.secform4.com/insider-trading/1549346.htm)
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[url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url] ([url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url])
The COO sold about 1.5% of his total shareholding and pocketed almost half a million in cash. Nice for him but hardly a sign of lack of confidence in the future. Or maybe he's only 98.5% confident.
It looks like they are auto trade sales @ 5,000 shares which are executed on roughly the same date once per month. To date they total $3,195,950.00
Chou James (Chief Technology Officer) cashed out on all his positions.
5,000 $98.7 $493,500 0 (Direct Ownership Share)
[url]http://www.secform4.com/insider-trading/1549346.htm[/url] ([url]http://www.secform4.com/insider-trading/1549346.htm[/url])
Don't worry they'll assign themselves more bonuses and have more shares to sell.
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[url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url] ([url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url])
The COO sold about 1.5% of his total shareholding and pocketed almost half a million in cash. Nice for him but hardly a sign of lack of confidence in the future. Or maybe he's only 98.5% confident.
It looks like they are auto trade sales @ 5,000 shares which are executed on roughly the same date once per month. To date they total $3,195,950.00
Chou James (Chief Technology Officer) cashed out on all his positions.
5,000 $98.7 $493,500 0 (Direct Ownership Share)
[url]http://www.secform4.com/insider-trading/1549346.htm[/url] ([url]http://www.secform4.com/insider-trading/1549346.htm[/url])
Don't worry they'll assign themselves more bonuses and have more shares to sell.
No doubt
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Ha! Fortunately SS gave each of us an initial package of shares in accordance with the years of contributions ...
They also offered to their contributors a big opportunity to buy more shares (if they want of course) at privileged prices ...
;) ;) :D 8) :'(
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If Istock listed I don't think I'd be buying any
Buying them? I'd be shorting them with everything I could lay my hands on. They're a slow-motion car crash in action. Or maybe the price would quickly reflect that?
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So they can definitely afford to give us a raise ;)
They will give us a Bigstock commission structure when the shares will start to drop and the investors will put a lot of pressure on the SS management to squeeze more money. ;).
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Tomorrow should be interesting.
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Apparently ShutterStock investors have recovered from the shock of losing Yuri last July :)
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SSTK is down almost 4% today on the heels of GI's announcement to make their 35 million files available for free.
It will be interesting to see where it goes from here. Does it recover, or is last week's high of 103.01 going to prove to have been the top?
If I had to bet, I'd be selling here.
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Wouldn't surprise me to see SSTK make a quick trip back to support in the 80 area.
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SSTK is down almost 4% today on the heels of GI's announcement to make their 35 million files available for free.
It will be interesting to see where it goes from here. Does it recover, or is last week's high of 103.01 going to prove to have been the top?
If I had to bet, I'd be selling here.
LOL!
Poor Yuri
Ego only goes so far
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http://www.stoxline.com/quote.php?symbol=SSTK (http://www.stoxline.com/quote.php?symbol=SSTK)
Snip
SSTK
Our rating system posted a SELL today, downgraded from higher rating. This stock seems to be ready for a new bearish move. So you may continue to hold short positions or sell your long positions. You are relatively safe to short or sell now, downward move is expected.
Support1: 84.42 Support2: 72.93
Snip http://tinyurl.com/krmqjax (http://tinyurl.com/krmqjax)
NYSE stocks posting largest percentage decreases
NEW YORK (AP) - A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:
Copa Holdings S.A. fell 7.7 percent to $124.50.
Shutterstock Inc. fell 6.8 percent to $95.48.
Carriage Services Inc. fell 6.0 percent to $19.47.
Amira Nature Foods Ltd. fell 5.7 percent to $15.99.
Pandora Media Inc. fell 5.6 percent to $37.23.
Rally Software fell 5.5 percent to $18.84.
Intrexon Corp. fell 5.3 percent to $27.12.
Homeowners Choice Inc. fell 5.2 percent to $38.28.
Southcross Energy Partners LP fell 5.1 percent to $16.48.
Rouse Properties Inc. fell 5.0 percent to $18.39.
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Many SS investors will now demand that SS do something similar to what Getty has just done. And that pressure will only build. They'll see it exactly the way Getty is promoting it - as a new way to monetize images with ads, without the cost of royalties - and be afraid that SS will be shut out of this new revenue stream if they don't act quickly.
In the technology business there are no white hats or black hats and it's actually very rare for one of them to come up with a big new idea that hasn't already occurred to the others. It's usually just a matter of who decides to move on it first.
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I figured it would keep going up after iStock announced their new "screw over contributor" policy.
Anyway, SS still looks overpriced for me at 93--price/earnings of over 100...might be a growth stock, but that's just too high.
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Many SS investors will now demand that SS do something similar to what Getty has just done. And that pressure will only build. They'll see it exactly the way Getty is promoting it - as a new way to monetize images with ads, without the cost of royalties - and be afraid that SS will be shut out of this new revenue stream if they don't act quickly.
In the technology business there are no white hats or black hats and it's actually very rare for one of them to come up with a big new idea that hasn't already occurred to the others. It's usually just a matter of who decides to move on it first.
Maybe Shutterstock has better ideas up their sleeves than what Getty does!? Like the Shutterstock facebook deal (http://www.microstockgroup.com/shutterstock-com/feedback-thoughts-on-facebook-shutterstock-deal/). Free photos to advertisers, photographers get paid, everyone wins.
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Many SS investors will now demand that SS do something similar to what Getty has just done. And that pressure will only build. They'll see it exactly the way Getty is promoting it - as a new way to monetize images with ads, without the cost of royalties - and be afraid that SS will be shut out of this new revenue stream if they don't act quickly.
In the technology business there are no white hats or black hats and it's actually very rare for one of them to come up with a big new idea that hasn't already occurred to the others. It's usually just a matter of who decides to move on it first.
Maybe Shutterstock has better ideas up their sleeves than what Getty does!? Like the Shutterstock facebook deal ([url]http://www.microstockgroup.com/shutterstock-com/feedback-thoughts-on-facebook-shutterstock-deal/[/url]). Free photos to advertisers, photographers get paid, everyone wins.
Yes, I have no choice to admit that 38 cents - even as an unknown percentage of an unknown total amount paid by FB to SS - is better than nothing at all. Apparently, in today's world, this amounts to a "good deal".
You have won, Leaf. But it's a Phyrric victory.
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Many SS investors will now demand that SS do something similar to what Getty has just done. And that pressure will only build. They'll see it exactly the way Getty is promoting it - as a new way to monetize images with ads, without the cost of royalties - and be afraid that SS will be shut out of this new revenue stream if they don't act quickly.
In the technology business there are no white hats or black hats and it's actually very rare for one of them to come up with a big new idea that hasn't already occurred to the others. It's usually just a matter of who decides to move on it first.
It will be a sad day if SS starts doing what some investors come up with. And a beginning of a decline.
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Many SS investors will now demand that SS do something similar to what Getty has just done. And that pressure will only build. They'll see it exactly the way Getty is promoting it - as a new way to monetize images with ads, without the cost of royalties - and be afraid that SS will be shut out of this new revenue stream if they don't act quickly.
In the technology business there are no white hats or black hats and it's actually very rare for one of them to come up with a big new idea that hasn't already occurred to the others. It's usually just a matter of who decides to move on it first.
Maybe Shutterstock has better ideas up their sleeves than what Getty does!? Like the Shutterstock facebook deal ([url]http://www.microstockgroup.com/shutterstock-com/feedback-thoughts-on-facebook-shutterstock-deal/[/url]). Free photos to advertisers, photographers get paid, everyone wins.
Yes, I have no choice to admit that 38 cents - even as an unknown percentage of an unknown total amount paid by FB to SS - is better than nothing at all. Apparently, in today's world, this amounts to a "good deal".
You have won, Leaf. But it's a Phyrric victory.
You assume thats whats happened, but in reality you dont know, no one knows. It might be as straightforward as it is, or they might have brokered a deal. Unless you have proof, its all speculation, just for the sake of badmouthing an agency.
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Don't think SS need to start copying Istock somehow - they have the Facebook Model which earns us money
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Hopefully we will not see too many of these.
http://tinyurl.com/kwmop6r (http://tinyurl.com/kwmop6r)
Short Shutterstock On Competitive Pressure From Getty Images
Snip
Summary
SSTK's library of more than 30 million RF stock images is capitalized at $3.3 billion or $110 per image.
Getty Images released 35 million images for free use on the internet this week.
SSTK's forward P/E of 80x was supported by a thesis that Getty's move disproves.
Short for 55% downside to $40 based on a fundamentally derived P/E of 45x consensus 2014e.
Shutterstock (SSTK) is a $3.3 billion market cap digital image marketplace. Its technology allows image buyers to browse its database of over 30 million images, vectors and video clips for purchase online, either individually or on a subscription basis. The images are uploaded on what amounts to a consignment basis by contributors who earn a portion of the royalty-free license fee for each download. The average price per image is about $3. SSTK is the largest pure-play microstock company, but there are plenty of competitors, many of which charge lower prices. For instance, see the front page results of a Google search for "royalty-free stock images".
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Many SS investors will now demand that SS do something similar to what Getty has just done. And that pressure will only build. They'll see it exactly the way Getty is promoting it - as a new way to monetize images with ads, without the cost of royalties - and be afraid that SS will be shut out of this new revenue stream if they don't act quickly.
In the technology business there are no white hats or black hats and it's actually very rare for one of them to come up with a big new idea that hasn't already occurred to the others. It's usually just a matter of who decides to move on it first.
Maybe Shutterstock has better ideas up their sleeves than what Getty does!? Like the Shutterstock facebook deal ([url]http://www.microstockgroup.com/shutterstock-com/feedback-thoughts-on-facebook-shutterstock-deal/[/url]). Free photos to advertisers, photographers get paid, everyone wins.
Yes, I have no choice to admit that 38 cents - even as an unknown percentage of an unknown total amount paid by FB to SS - is better than nothing at all. Apparently, in today's world, this amounts to a "good deal".
You have won, Leaf. But it's a Phyrric victory.
You assume thats whats happened, but in reality you dont know, no one knows. It might be as straightforward as it is, or they might have brokered a deal. Unless you have proof, its all speculation, just for the sake of badmouthing an agency.
Like I said, an "unknown percentage of an unknown total amount".
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Many SS investors will now demand that SS do something similar to what Getty has just done. And that pressure will only build. They'll see it exactly the way Getty is promoting it - as a new way to monetize images with ads, without the cost of royalties - and be afraid that SS will be shut out of this new revenue stream if they don't act quickly.
In the technology business there are no white hats or black hats and it's actually very rare for one of them to come up with a big new idea that hasn't already occurred to the others. It's usually just a matter of who decides to move on it first.
Maybe Shutterstock has better ideas up their sleeves than what Getty does!? Like the Shutterstock facebook deal ([url]http://www.microstockgroup.com/shutterstock-com/feedback-thoughts-on-facebook-shutterstock-deal/[/url]). Free photos to advertisers, photographers get paid, everyone wins.
Yes, I have no choice to admit that 38 cents - even as an unknown percentage of an unknown total amount paid by FB to SS - is better than nothing at all. Apparently, in today's world, this amounts to a "good deal".
You have won, Leaf. But it's a Phyrric victory.
You assume thats whats happened, but in reality you dont know, no one knows. It might be as straightforward as it is, or they might have brokered a deal. Unless you have proof, its all speculation, just for the sake of badmouthing an agency.
Like I just said, an "unknown percentage of an unknown total amount".
Assuming there is an amount/deal in the first place, which is my point, you dont know. Its made up gossip, its not even hearsay. We get a percentage of each image used, which is fact.
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Many SS investors will now demand that SS do something similar to what Getty has just done. And that pressure will only build. They'll see it exactly the way Getty is promoting it - as a new way to monetize images with ads, without the cost of royalties - and be afraid that SS will be shut out of this new revenue stream if they don't act quickly.
In the technology business there are no white hats or black hats and it's actually very rare for one of them to come up with a big new idea that hasn't already occurred to the others. It's usually just a matter of who decides to move on it first.
Maybe Shutterstock has better ideas up their sleeves than what Getty does!? Like the Shutterstock facebook deal ([url]http://www.microstockgroup.com/shutterstock-com/feedback-thoughts-on-facebook-shutterstock-deal/[/url]). Free photos to advertisers, photographers get paid, everyone wins.
Yes, I have no choice to admit that 38 cents - even as an unknown percentage of an unknown total amount paid by FB to SS - is better than nothing at all. Apparently, in today's world, this amounts to a "good deal".
You have won, Leaf. But it's a Phyrric victory.
You assume thats whats happened, but in reality you dont know, no one knows. It might be as straightforward as it is, or they might have brokered a deal. Unless you have proof, its all speculation, just for the sake of badmouthing an agency.
Like I just said, an "unknown percentage of an unknown total amount".
Assuming there is an amount/deal in the first place, which is my point, you dont know. Its made up gossip, its not even hearsay. We get a percentage of each image used, which is fact.
What is that percentage?
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Same as the SS earnings schedule dependent on your level
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Re:
Snip
Jon Oringer - Founder, CEO & Chairman
Yes, as far as our contributors go, we've had 30% of them and we've seen competitors come in and try to play with that number. What happens is if they payout more to contributors, they leave less room for marketing spend and that causes less sales in the long run and less payout to their contributors.
Jon fails to mention that if his competitors do not spend millions going public, 11 plus million for tenant improvements, 2.5 million on annual office rent etc. SS's competitors will have plenty to spend on sales and marketing as well as raises for their contributors.
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Re:
Snip
Jon Oringer - Founder, CEO & Chairman
Yes, as far as our contributors go, we've had 30% of them and we've seen competitors come in and try to play with that number. What happens is if they payout more to contributors, they leave less room for marketing spend and that causes less sales in the long run and less payout to their contributors.
Jon fails to mention that if his competitors do not spend millions going public, 11 plus million for tenant improvements, 2.5 million on annual office rent etc. SS's competitors will have plenty to spend on sales and marketing as well as raises for their contributors.
I'm guessing at least in the short run going public has brought in a lot more money than they spent.
I am in no way saying that they couldn't pay more to contributors, but compared to some sites, like say - IS, they look pretty good in the percent department. Compared to P5 - not so good. They do seem to have volume though.
I welcome their competitors spending more on sales and marketing and raises for the contributors (but I am not holding my breath).
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Ouch today!
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Ouch today!
Shutterstock Inc
NYSE: SSTK - Mar 11 4:01 PM ET
86.52-2.44 (-2.74%)
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(http://media.ycharts.com/charts/baedd17d2f8af088cc39e32c47018213.png) (http://ycharts.com/companies/SSTK/chart/#/?securities=include:true,type:company,id:SSTK,,&calcs=include:true,id:price,,&zoom=5d&format=real)
SSTK (http://ycharts.com/companies/SSTK) data by YCharts (http://ycharts.com)</p>
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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).
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([url]http://media.ycharts.com/charts/baedd17d2f8af088cc39e32c47018213.png[/url]) ([url]http://ycharts.com/companies/SSTK/chart/#/?securities=include:true,type:company,id:SSTK,,&calcs=include:true,id:price,,&zoom=5d&format=real[/url])
SSTK ([url]http://ycharts.com/companies/SSTK[/url]) data by YCharts ([url]http://ycharts.com[/url])</p>
The BigStock like royalty structure implemented on SS is closer than we think... ;)
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finally gbalex is happy! ;D
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Fretting about SStocks share price gives us something more to fret over which we have no control over. Does anyone in the businessreally think the shares are NOT overvalued? A weeks stockmarket trend does not tell us anything.
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Fretting about SStocks share price gives us something more to fret over which we have no control over. Does anyone in the businessreally think the shares are NOT overvalued? A weeks stockmarket trend does not tell us anything.
It's hard to say if they're overvalued when you look at the insane prices Getty keeps changing hands for. And now people say Getty may instantly double its value by just saying "oh, we're not a boring stock agency, we're an exciting internet service company", or something like that.
To me it looks as if Getty is just a mountain of debts struggling to find a way to stay afloat until reality kicks in, but Wall Street seems to think it's a multi-billion dollar asset full of fabulous and ever-increasing value. I guess that's why I'm not a big businessman, since where they apparently see solid reality I feel like I am looking at an illusionist's trick (but, yes, my ill-informed judgement would say that SS shares do look expensive considering what they were supposed to be worth when the company floated).
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Most things are overvalued because people are stupid enough to believe the nonsense, right up to the point the real value becomes apparent and the stock market goes into another tailspin.
A friend of mine on the UK coast tells me the proposed sea "wall" to prevent tidal flooding is going to cost 2.5 million quid just to dump some rocks in a hole - but apparently the rocks have to be imported from Azerbaijan or some such because the English rocks that have held firm for something like two hundred quillion years won't do for this particular project. Also, I've noticed the socks I usually buy from M&S are now more expensive yet decidedly thinner. Also.....
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Nope, I agree. Some people were catching the wave and surfing along with the trend. This could just mark a settling point. Watch and see.
Fretting about SStocks share price gives us something more to fret over which we have no control over. Does anyone in the businessreally think the shares are NOT overvalued? A weeks stockmarket trend does not tell us anything.
Also true. People like my Mother used to read news that some stock was making money and they would jump on it. She didn't know the market or what it was about, just that it was a hot stock. :) She had Worldcom and Enron when they went into the dumpster.
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).
But what both have said is true. This has nothing to do with the financial stability of the company, just the perception. Watch the stock when the quarterly reports or annuals come out and that's where you see what's really behind it all.
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([url]http://media.ycharts.com/charts/baedd17d2f8af088cc39e32c47018213.png[/url]) ([url]http://ycharts.com/companies/SSTK/chart/#/?securities=include:true,type:company,id:SSTK,,&calcs=include:true,id:price,,&zoom=5d&format=real[/url])
SSTK ([url]http://ycharts.com/companies/SSTK[/url]) data by YCharts ([url]http://ycharts.com[/url])</p>
Time to buy.
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([url]http://media.ycharts.com/charts/baedd17d2f8af088cc39e32c47018213.png[/url]) ([url]http://ycharts.com/companies/SSTK/chart/#/?securities=include:true,type:company,id:SSTK,,&calcs=include:true,id:price,,&zoom=5d&format=real[/url])
SSTK ([url]http://ycharts.com/companies/SSTK[/url]) data by YCharts ([url]http://ycharts.com[/url])</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"
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Remember to buy more than one share this time Mike.
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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 (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 (http://tinyurl.com/pocscf8)
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Snip
(always wanted to say that!)
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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.
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The BigStock like royalty structure implemented on SS is closer than we think... ;)
;) How are your sales @ BS
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Another percent down
Shutterstock Inc
NYSE: SSTK - Mar 12 3:17 PM ET
85.54-0.98 (-1.13%)
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Another percent down
Shutterstock Inc
NYSE: SSTK - Mar 12 3:17 PM ET
85.54-0.98 (-1.13%)
Late Yuri effect?
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([url]http://media.ycharts.com/charts/baedd17d2f8af088cc39e32c47018213.png[/url]) ([url]http://ycharts.com/companies/SSTK/chart/#/?securities=include:true,type:company,id:SSTK,,&calcs=include:true,id:price,,&zoom=5d&format=real[/url])
SSTK ([url]http://ycharts.com/companies/SSTK[/url]) data by YCharts ([url]http://ycharts.com[/url])</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.
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You need to factor in future growth, Artpuppy, but I'm sure you know that. If it doubles the profit this year then the PE falls to 55.
Also, the market doesn't work on the actual profit, it works more on the assumption that if today's PE is 100x and the market is happy, then if profits rise 10% this year the shares will rise to restore the P/E ratio to level everyone is happy with and you will be able to pocket a pile of extra cash if you want to.
I'm pretty sure there are (or were) some huge internet companies that didn't pay a dividend but still had amazing P/E ratios, even though you might hold the shares for eternity and never get a penny back on your investment. The percieved value was in the idea that as long as the company did well you could make a profit from the expectation that if the company did well you could make a profit on shares (and I haven't mistyped that). A lot of high finance seems to be built on the idea that the other guy will be willing to buy a bit of paper tomorrow for more than you paid today, in the expectation that another punter will be along to buy it for even more the day after.
Smoke and mirrors triumphs over substance (and now the stock market gurus can tell me that I'm talking nonsense).
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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 $$$$$$$$$$ hay. Think of all the public tech companies that ran up to bubbles that burst.
For example, 70% of stock in this country is owned for 12 months or less and that can encourage companies to target short-term opportunities at the expense of long-term stability and growth. In this case it would also be at our expense.
As for the drops the market tends to overweight immediate news as we've seen in the recent past with the debt ceiling standoff, the financial crisis, and the fiscal cliff. The analyst will be looking for this quarters results.
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I've heard the average share is held under 30 seconds.
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I've heard the average share is held under 30 seconds.
... and a great part below milliseconds...
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Another percent down
Shutterstock Inc
NYSE: SSTK - Mar 12 3:17 PM ET
85.54-0.98 (-1.13%)
Late Yuri effect?
Yuri WHO?
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Remember to buy more than one share this time Mike.
LOL!
Thanks for the advice
and how many shares do YOU own?
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Remember to buy more than one share this time Mike.
LOL!
Thanks for the advice
and how many shares do YOU own?
More than one!
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Remember to buy more than one share this time Mike.
LOL!
Thanks for the advice
and how many shares do YOU own?
More than one!
Bet Mine is BIGGER than yours!
:)
LOL
Stock Portfolio that is ...
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^^Worst Post I've seen all year.
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A bigger port could just mean you throw everything at the wall and hope something sticks, against having a smaller port with lots of selling images. A bigger port doesnt mean more $$$. Shooting images of empty boxes in all sorts of angles and shapes doenst appeal to me anyways.
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Mike has proved countless times to most people, either on the forums or by sending rude PMs, that if he were standing at the bottom of a hole in the ground and someone said "Mike, here's a shovel - why don't you dig your way out?" He'd take it.
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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.
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:)
LOL!
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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
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Shutterstock COO Sells $368550 in Stock (SSTK)
http://tinyurl.com/kz64g5n (http://tinyurl.com/kz64g5n)
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Leading U.S. Internet gainers: LNKD +6.2%. P +6%. ZU +5%. SALE +7.2%. SSTK +6%. AOL +4.6%.
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SSTK Earnings Date
Earnings announcement* for SSTK: May 14, 2014
Shutterstock, Inc. is estimated to report earnings on 05/14/2014. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 5 analysts' forecasts, the consensus EPS forecast for the quarter is $0.12. The reported EPS for the same quarter last year was $0.16.
http://tinyurl.com/kw23g8b (http://tinyurl.com/kw23g8b)
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Yeah, but it's consitently come in 20% or so above the "experts" estimates for each of the last four quarters.
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[url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url] ([url]http://tickerreport.com/banking-finance/153900/shutterstock-coo-unloads-493800-in-stock-sstk/[/url])
The COO sold about 1.5% of his total shareholding and pocketed almost half a million in cash. Nice for him but hardly a sign of lack of confidence in the future. Or maybe he's only 98.5% confident.
It looks like they are auto trade sales @ 5,000 shares which are executed on roughly the same date once per month. To date they total $3,195,950.00
Chou James (Chief Technology Officer) cashed out on all his positions.
5,000 $98.7 $493,500 0 (Direct Ownership Share)
[url]http://www.secform4.com/insider-trading/1549346.htm[/url] ([url]http://www.secform4.com/insider-trading/1549346.htm[/url])
Don't worry they'll assign themselves more bonuses and have more shares to sell.
Thilo Semmelbauer, MBA
03/03/2014 25,000 Award at $0 per share. http://tinyurl.com/myjr6uj (http://tinyurl.com/myjr6uj)
04/01/2014 Thilo Semmelbauer, MBA
President & Chief Operating Officer 5,000 Disposition at $73.71 per share. 368,550
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
http://tinyurl.com/lnty9mj (http://tinyurl.com/lnty9mj)
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So it's not only banks that can print money. It must be a nice feeling!
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So it's not only banks that can print money. It must be a nice feeling!
http://tinyurl.com/jwcq7za (http://tinyurl.com/jwcq7za)
03/05/2014 Steven Berns MBA, CPA
Director 5,000 Derivative/Non-derivative trans. at $17.5 per share. 87,500
03/03/2014 Thilo Semmelbauer, MBA
President & Chief Operating Officer 25,000 Award at $0 per share. 0
03/03/2014 Timothy E. Bixby, MBA
Chief Financial Officer 15,000 Award at $0 per share. 0
03/03/2014 James Chou, MBA
Chief Technology Officer 7,500 Award at $0 per share. 0
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Of course, iSTock do it by awarding themselves dividends from income that hasn't happened yet.
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.
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Shutterstock is Now Oversold (SSTK)
http://tinyurl.com/kmy72mz (http://tinyurl.com/kmy72mz)
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Of course, iSTock do it by awarding themselves dividends from income that hasn't happened yet.
Of course if iStock does something bad then anything that any other company does is fine with me.
Now, now! You shouldn't say it's bad, it's a brilliant and entirely legal and legitimate corporate manoeuvre designed to reward people for their achievements.
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Shutterstock is Now Oversold (SSTK)
[url]http://tinyurl.com/kmy72mz[/url] ([url]http://tinyurl.com/kmy72mz[/url])
Ow the joy you must feel. How long did you wait for that news so you could quote it?
When I read the news this morning I was wondering how long it would take for you to post it. LOL.
Sad really.
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.
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Stocks go up and down all the time
I for one am glad to be able to own SS stock, Buy Low, Sell High, Buy Low again, Sell when its up again, then buy when its lower again and so on and so on.
I see SS as being a Viable company for many many years to come
I LOVE Shutterstock!
Always have, always will.
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Shutterstock is Now Oversold (SSTK)
[url]http://tinyurl.com/kmy72mz[/url] ([url]http://tinyurl.com/kmy72mz[/url])
Ow the joy you must feel. How long did you wait for that news so you could quote it?
When I read the news this morning I was wondering how long it would take for you to post it. LOL.
Sad really.
Do you always make superficial snap judgements? I am finding that it is common on this site. Congrats to you an the person who gave you a plus, your deductive and reasoning skills are spot on as usual. LOL No wonder you miss so much.
Definition of 'Oversold'
1. A condition in which the price of an underlying asset has fallen sharply, and to a level below which its true value resides. This condition is usually a result of market overreaction or panic selling.
2. A situation in technical analysis where the price of an asset has fallen to such a degree - usually on high volume - that an oscillator has reached a lower bound. This is generally interpreted as a sign that the price of the asset is becoming undervalued and may represent a buying opportunity for investors.
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snip
its curious that you have copied that deep thoughts guy ;D
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snip
its curious that you have copied that deep thoughts guy ;D
I am a business man, I quit playing which is my most favorite company in the world long ago. If you look at the facts "good and bad" you have prepared yourself to make informed smart business decisions.
Now back to your regularly scheduled SS Whoooo Yays!
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snip
its curious that you have copied that deep thoughts guy ;D
I am a business man, I quit playing which is my most favorite company in the world long ago. If you look at the facts "good and bad" you have prepared yourself to make informed smart business decisions.
Now back to your regularly scheduled SS Whoooo Yays!
I am not a Whooo Yays dude, guess you mean Mike!
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snip
its curious that you have copied that deep thoughts guy ;D
I am a business man, I quit playing which is my most favorite company in the world long ago. If you look at the facts "good and bad" you have prepared yourself to make informed smart business decisions.
Now back to your regularly scheduled SS Whoooo Yays!
I am not a Whooo Yays dude, guess you mean Mike!
I am starting to think that You, Mike and Ron are the same person!
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snip
its curious that you have copied that deep thoughts guy ;D
I am a business man, I quit playing which is my most favorite company in the world long ago. If you look at the facts "good and bad" you have prepared yourself to make informed smart business decisions.
Now back to your regularly scheduled SS Whoooo Yays!
I am not a Whooo Yays dude, guess you mean Mike!
I am starting to think that You, Mike and Ron are the same person!
if so I believe you should see a doctor
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I think the majority knew that already. After all, the same applies to most companies. The paper value of a relatively new IPO is fairly meaningless. Any investor and their cat knows that.
It will find a level once the stock market has moved on to the next cash cow. Also given SS's dominance of the micro market, early and middle stage investors will still be glad they took the plunge.
Next.
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snip
its curious that you have copied that deep thoughts guy ;D
Again
Lets all remember this is a mere 20 something child living in england with these smart ass answers
No real life experience, most likely still has childish concepts of equality for all and socialism being the new Cool concept for all society.
I can only assume a fan of NoBama being of this age of no life experience as an adult
http://graphicriver.net/user/luissantos84 (http://graphicriver.net/user/luissantos84)
https://twitter.com/luissantos84 (https://twitter.com/luissantos84)
I am interested as to why he uses two different last names, yet links all his sites together?
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snip
its curious that you have copied that deep thoughts guy ;D
I am a business man, I quit playing which is my most favorite company in the world long ago. If you look at the facts "good and bad" you have prepared yourself to make informed smart business decisions.
Now back to your regularly scheduled SS Whoooo Yays!
I am not a Whooo Yays dude, guess you mean Mike!
I am starting to think that You, Mike and Ron are the same person!
LOL
Please do not lump me in as the same person as those two.
If you were to lump us all in as one group I would refer to the Clint Eastwood movie "The Good, The Bad and the Ugly"
I of course would play the role of Clint Eastwood as being "The Good"
http://www.imdb.com/title/tt0060196/ (http://www.imdb.com/title/tt0060196/)
The others you can decide who is who
:)
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what is Your agenda against me?
Other then type written words on a forum I have no idea who you are, never have met you, talked to you, seen your images, know where you live, instant messaged you, or shaken your hand (that I know of)
You have some agenda for what reason I do not know.
You constantly attempt to insult me, attempt to bate me into online arguments, and are just a general nuisance like a gnat on a piece of fruit.
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snip
its curious that you have copied that deep thoughts guy ;D
Again
Lets all remember this is a mere 20 something child living in england with these smart ass answers
No real life experience, most likely still has childish concepts of equality for all and socialism being the new Cool concept for all society.
I can only assume a fan of NoBama being of this age of no life experience as an adult
[url]http://graphicriver.net/user/luissantos84[/url] ([url]http://graphicriver.net/user/luissantos84[/url])
[url]https://twitter.com/luissantos84[/url] ([url]https://twitter.com/luissantos84[/url])
I am interested as to why he uses two different last names, yet links all his sites together?
I have nothing to hide, I do have a big name and I want to separate microstock from other photography work I do, anyway that is not your business
what do you know about my life dude? you only know the pictures I publish and for that reason don't be ridiculous by saying I have no experience as an adult, again you have +60 years old but perhaps I have dealt with more stuff than you can imagine, so for that reason stfu and keep the cheap talk for your kids if you have them
anyway this is the last time I talk about you, enough Latin spent on you for nothing!
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F**ks sake. I'm getting so bored of these petty point-scoring posts that are filling MSG lately. I can barely be bothered to read such nonsense, much less to offer any considerations.
Stop it. Let's be more professional. I believe someone once said "professionals deal with professionals". On MSG it is becoming "lonely, sad f*ckwits deal with other lonely, sad f*ckwits".
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just for the record you can call yourself a lonely sad f*ckwit, I am not, have a nice day!
p.s. you guys can hide this post, I have no problem with that, it is fine to call other what "you" wish, the other way around isn't, brilliant stuff!
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F**ks sake. I'm getting so bored of these petty point-scoring posts that are filling MSG lately. I can barely be bothered to read such nonsense, much less to offer any considerations.
Stop it. Let's be more professional. I believe someone once said "professionals deal with professionals". On MSG it is becoming "lonely, sad f*ckwits deal with other lonely, sad f*ckwits".
and the winner of "POST OF THE YEAR" on MSG goes to Gostwyck.
that's my 38 cents worth :)
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Shutterstock is Now Oversold (SSTK)
[url]http://tinyurl.com/kmy72mz[/url] ([url]http://tinyurl.com/kmy72mz[/url])
Ow the joy you must feel. How long did you wait for that news so you could quote it?
When I read the news this morning I was wondering how long it would take for you to post it. LOL.
Sad really.
Really? You think that is sadder than this? :)
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what is Your agenda against me?
Other then type written words on a forum I have no idea who you are, never have met you, talked to you, seen your images, know where you live, instant messaged you, or shaken your hand (that I know of)
You have some agenda for what reason I do not know.
You constantly attempt to insult me, attempt to bate me into online arguments, and are just a general nuisance like a gnat on a piece of fruit.
This pattern plays out over and over. You attack someone and they respond to your uncalled for derisive remarks. Then you proceed to portray yourself as the victim. The process repeats itself ad nauseam with numerous different people over and over again, on this board and other boards.
You always feel entitled and justified in your attacks on other people, if their viewpoints differ than your own. Yet you feel persecuted when they let you know how they feel about your un provoked attacks.
In this case I simply posted a link to a positive article about SSTK and you feel entitled and justified in attacking my character for posting a simple link to a positive article with no comments.
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what is Your agenda against me?
Other then type written words on a forum I have no idea who you are, never have met you, talked to you, seen your images, know where you live, instant messaged you, or shaken your hand (that I know of)
You have some agenda for what reason I do not know.
You constantly attempt to insult me, attempt to bate me into online arguments, and are just a general nuisance like a gnat on a piece of fruit.
This pattern plays out over and over. You attack someone and they respond to your uncalled for derisive remarks. Then you proceed to portray yourself as the victim. The process repeats itself ad nauseam with numerous different people over and over again, on this board and other boards.
You always feel entitled and justified in your attacks on other people, if their viewpoints differ than your own. Yet you feel persecuted when they let you know how they feel about your un provoked attacks.
In this case I simply posted a link to a positive article about SSTK and you feel entitled and justified in attacking my character for posting a simple link to a positive article with no comments.
It's consistent behaviour. He aggressively attacks posters on other forums too. To the point, many contributors no longer post comments anymore.
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what is Your agenda against me?
Other then type written words on a forum I have no idea who you are, never have met you, talked to you, seen your images, know where you live, instant messaged you, or shaken your hand (that I know of)
You have some agenda for what reason I do not know.
You constantly attempt to insult me, attempt to bate me into online arguments, and are just a general nuisance like a gnat on a piece of fruit.
This pattern plays out over and over. You attack someone and they respond to your uncalled for derisive remarks. Then you proceed to portray yourself as the victim. The process repeats itself ad nauseam with numerous different people over and over again, on this board and other boards.
You always feel entitled and justified in your attacks on other people, if their viewpoints differ than your own. Yet you feel persecuted when they let you know how they feel about your un provoked attacks.
In this case I simply posted a link to a positive article about SSTK and you feel entitled and justified in attacking my character for posting a simple link to a positive article with no comments.
Do you actually realise I just copied his own words to Luis. Nice try. Next.
http://www.microstockgroup.com/general-stock-discussion/when-is-an-image-dead/msg374504/#msg374504 (http://www.microstockgroup.com/general-stock-discussion/when-is-an-image-dead/msg374504/#msg374504)