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Author Topic: Shutterstock stock is back to IPO price  (Read 4119 times)

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« Reply #25 on: March 15, 2025, 07:04 »
0
If it crashes even more, they might renegotiate the merger.

Otherwise buying the shares will add free money.


« Reply #26 on: March 15, 2025, 09:10 »
+4
It is such a pleasure seeing this stock crashing to the ground.

Well deserved Oringer.....sell the stock you still have before it goes to -1

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #27 on: March 15, 2025, 11:37 »
+1
If it crashes even more, they might renegotiate the merger.

Otherwise buying the shares will add free money.

I'm not sure that it's as easy as changing their mind about the offer. Getty made the offer, they are pretty well obligated to stick to that, unless some legal problem or disclosure of false information, or anti-trust issues, would change things.

On the other hand, the reason the SSTK stock is dropping, may be, just because Getty is taking over. Consider that possibility. Getty is in debt and doesn't earn as much as the interest on the loans. That's not a good financial situation.

The price is driven by buyers and sellers. If people are only offering $19 a share and the asking price is $20 a share, the people holding the stock have two choices. 1) Lower the price or 2) Sit with what they own and hope.  :)

This isn't about people like us, who could own hundreds of shares. The big investors with SSTK in a number of cases, are holding 1 Million shares. When their price changes $1 that means, $1,000,000 gained or lost. Shutterstock has 34.89 million shares outstanding.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #28 on: March 15, 2025, 11:39 »
+1
What a shame

I keep wanting to answer... What a sham.  ;D

« Reply #29 on: March 15, 2025, 12:18 »
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Sent from my iPhone using Tapatalkj
« Last Edit: March 15, 2025, 12:26 by BigBubba »

« Reply #30 on: March 17, 2025, 02:46 »
+4
From a high of $121 they have fallen to $19 per share as of now.

This clearly shows the poor mismanagement and they will surely feel the pain which we felt.
Greediness made them blind.

« Reply #31 on: March 18, 2025, 04:04 »
+4
Let them crash and burn. They have earned it.

« Reply #32 on: March 18, 2025, 11:24 »
+3
Falling below $19 today.

« Reply #33 on: March 23, 2025, 06:25 »
+5
At this point, theyve basically been fired by their contributors, their clients, and even their investors. Theres nowhere left to hide - not even behind Gettys back with this new merger.

And all this because of the wrong people at the top, with that classic get rich in one day attitude. Someone should write a book about them - it would be a bestseller for sure. Title idea: "How to Destroy Your Company in 3 Easy Steps."

« Reply #34 on: March 24, 2025, 07:32 »
+1
So if you buy a SS share at 19 dollars, getty will pay you 28 dollars for the merger per share?

hm

If yes, then why is 28 dollars not a stable floor?

This looks like somebody knows something negative.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #35 on: March 24, 2025, 10:42 »
0
So if you buy a SS share at 19 dollars, getty will pay you 28 dollars for the merger per share?

hm

If yes, then why is 28 dollars not a stable floor?

This looks like somebody knows something negative.

Exactly! I suspect that investors aren't high on Getty, who will be the new controller, even if this is called a merger. Shutterstocks sales grew at a tiny, 6.5% compounded annual growth rate, over the last three years. That's slow and unimpressive.

Assuming that the merger is set and being big business, not a popcorn stand, the offer is in writing and not at the whim of, "we changed our mind". Also before these tenders are made, the companies and attorneys make deep, due diligence investigations. That can take over a year, of going through everything, in detail and proof of what's there or not.

Keep in mind, that Getty is looking at future value, long term. Whether it's ROI or amortizing the investment, this isn't like a used car. Getty wants to own and control the market, and for years has been buying collections, archives and agencies. This pretty well completes that. Maybe there are archives, still out there, but as far as buying stock agencies, Microstock, high numbers of contents, I think it's pretty much the end.

But, yes, that's the proposal. For every share of SSTK, Getty in effect is offering around $28, even though it's selling for $19.35 right now. Some people may want the Getty stock in trade. Whatever it is, people aren't ining up to buy SSTK for the gains they expect when the merger is done.

You're 100% right. Something the insiders know, says this isn't right.

« Reply #36 on: April 04, 2025, 04:04 »
+1
SSTK Stock closed yesterday at 16,32$! Ouch 
I maybe not be right but I think Shutterstock went public on 2012 ...
i believe it was something like $17 per share.


 

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