Author Topic: Buying SSTK stock in January (Read 4322 times)

YadaYadaYada · « **on:** December 29, 2016, 18:39 »

Since people here are telling me that stockholders make the money and we tell SSTK what to do and how to run the business, I'm selling all of my other stocks and buying SSTK. Unfortunately I think it's far over valued, but people her have assured me, I'll be making all the profits off your hard work.

"Taking a closer look at Shutterstock's results, growth in some of the company's key operational metrics looked a bit less robust than investors had seen in previous quarters. Paid downloads were up just 8% to 41.2 million, showing growth that has slowed considerably since the beginning of the year." http://www.fool.com/investing/2016/11/04/shutterstock-shares-fall-on-weak-sales-guidance.aspx?source=djc&utm_campaign=article&utm_medium=feed&utm_source=djc

Are you people sure I'm going to be rich and telling SS what to do after I sell all my other stocks? I mean I want to be sure that the people on the forums are all knowing about how stockholders are behind the search changes and why some people incomes are down. I want to be a stockholder and tell them to increase my sales. You know, insiders get better placement in the search?

Saw this today. 1. Represents the forfeiture by Mr. Lieberman, who resigned effective as of December 13, 2016, of a prior grant of restricted stock units from the Issuer pursuant to the Issuer's Amended and Restated 2012 Omnibus Equity Incentive Plan. Each such restricted stock unit represented a contingent right to receive one share of the Issuer's common stock and, as of Mr. Lieberman's resignation, such restricted stock units had not vested. As a result, pursuant to the terms of the grant, the shares were forfeited.

https://en.wikipedia.org/wiki/Insight_Venture_Partners

I'm looking forward to being one of those wealthy stockholders who run the company. But I'm pretty sure it's the venture partners who call the shots, not the stockholders.

I will get the annual reports or access to them online, and news. Should have bought last year when it was down to 26. I think I'll start looking for a low in the mid-30s for a buy.

Maybe I should be buying Adobe instead? Revenues are up 20% year-over-year, and net income is up 55%. Profits have more than doubled from where they were in 2013 and 2014, while investments in the cloud transition were being made.

noodle · « **Reply #1 on:** December 29, 2016, 18:45 »

The markets have had a nice runup to record levels

I would expect that some kind of correction is not too far off - maybe after Trump gets sworn in and he starts to reveal policies/direction his administration is going to take.
Of course this is pure speculation on my part, but i truly believe that somekind of pullback will happen, probably within the next year

YadaYadaYada · « **Reply #2 on:** December 29, 2016, 18:56 »

Quote from: noodle on December 29, 2016, 18:45

The markets have had a nice runup to record levels

I would expect that some kind of correction is not too far off - maybe after Trump gets sworn in and he starts to reveal policies/direction his administration is going to take.
Of course this is pure speculation on my part, but i truly believe that somekind of pullback will happen, probably within the next year

I'd agree, not because of Trumped up claims but just because SSTK is over priced and investors without a guess have been pushing it up, based on this new fad microstock. The whole market if that's what you mean, will take longer to adjust, because we have a new optimism for the economy, business oriented instead of tax and spend, take from the rich.

I really don't think SSTK is a good investment but I keep reading here how stockholders get rich from our work. I want to get rich too.

Investing is all about speculation, which makes you just as right as anybody else.

mike935 · « **Reply #3 on:** December 30, 2016, 01:11 »

Maybe Clinton's supporters must ask her to buy SSTK? They claim she has lived for people all her life. Let's see.

Justanotherphotographer · « **Reply #4 on:** December 30, 2016, 02:17 »

I don't think it has been pushed up because of the microstock fad. It has been pushed up because likea a lot of companies it has pushed to be valued as a tech company rather than whatever it actually is and there's a huge tech bubble at the moment.

Valuations have a massive disconnect to profits and even any realistic level of future profits. Whether this matter or the bubble will ever break is anybody's guess.

Pauws99 · « **Reply #5 on:** December 30, 2016, 02:51 »

Quote from: Justanotherphotographer on December 30, 2016, 02:17

I don't think it has been pushed up because of the microstock fad. It has been pushed up because likea a lot of companies it has pushed to be valued as a tech company rather than whatever it actually is and there's a huge tech bubble at the moment.

Valuations have a massive disconnect to profits and even any realistic level of future profits. Whether this matter or the bubble will ever break is anybody's guess.

Its not whether its when.

dpimborough · « **Reply #6 on:** December 30, 2016, 06:22 »

Personally speaking I would wait for the next quarter results before buying SSTK.

For too long the stock market has been reciting that SS is running out of steam they have reached the peak of their trajectory and will either tread water or start to decline.

Their nett revenue after subtraction of all costs is waning even though their revenue is increasing. Like all companies it suffers the law of diminishing returns as it costs them more and more to increase revenue in a limited market.

Personally speaking I think Jon Oringer may well dissappear within the next year as the guy no longer seems to be a driving force behind growth and may well be seen as a hinderance to future growth. His removal or sidelining would allow for more agressive leadership.

The other problem is that little sentence "From a cost standpoint, greater volume of downloads led to higher royalty costs, " which will no doubt indicate that they will do a Getty sooner or later and start slashing royalties.

gyllens · « **Reply #7 on:** December 30, 2016, 09:00 »

No more! sold a whole heap some months back. Today I wouldnt touch them with a barge pole. That company is just too unstable and the professional way of running things died with oringer who btw they still lead us to believe that he is running things which is complete nonsense. All the old staff seems to be gone even Alex who was one of the most helpful guys there.
A media analyst said thats a very bad sign when corps start getting rid of old knowledgeable people. So no thanks no more for me.

JerryL5 · « **Reply #8 on:** December 30, 2016, 13:07 »

Keep in mind that buying stocks is generally for the long term.
Most likely you won't get rich, but your kids might benefit when
your stock is transferred to them in later years.

YadaYadaYada · « **Reply #9 on:** December 30, 2016, 14:24 »

Quote from: JerryL5 on December 30, 2016, 13:07

Keep in mind that buying stocks is generally for the long term.
Most likely you won't get rich, but your kids might benefit when
your stock is transferred to them in later years.

And all the other reasons, why not, above. I was mostly making fun of the people who claim our incomes are down because all the stockholders are getting rich and telling the company what to do.

Bubble tomorrow or July, or in 2020, it's going to burst again. Big losses again. Trump will get blamed for people with bad investment sense.

SSTK is over valued and has been since shortly after the IPO. Best buy for common investors would have been last Feb. when it was down to $25 a share. Now it's way up and over again.

I make more a year on dividends and reinvestment programs that I would on Bigstock sales. Yes, some day it will all belong to my relatives. Until then I'm not selling anything to buy some fancy new trendy tech stock.

Who actually knows what Jon wants to do. He did make it a point to keep a controlling interest. That keeps these venture people from coming in and raping the company like they did to iStock. Then they pay their own big dividends, not to common shareholders, and leave the withered and drained carcass.

If Jon sells the rest, or gives up control, this current situation and the holding up of our commissions will be gone. He has in the past, since the beginning, stood up for contributors. Don't expect any venture people to care 2 cents about us.

gyllens · « **Reply #10 on:** December 30, 2016, 15:10 »

Quote from: YadaYadaYada on December 30, 2016, 14:24

Quote from: JerryL5 on December 30, 2016, 13:07
Keep in mind that buying stocks is generally for the long term.
Most likely you won't get rich, but your kids might benefit when
your stock is transferred to them in later years.

And all the other reasons, why not, above. I was mostly making fun of the people who claim our incomes are down because all the stockholders are getting rich and telling the company what to do.

Bubble tomorrow or July, or in 2020, it's going to burst again. Big losses again. Trump will get blamed for people with bad investment sense.

SSTK is over valued and has been since shortly after the IPO. Best buy for common investors would have been last Feb. when it was down to $25 a share. Now it's way up and over again.

I make more a year on dividends and reinvestment programs that I would on Bigstock sales. Yes, some day it will all belong to my relatives. Until then I'm not selling anything to buy some fancy new trendy tech stock.

Who actually knows what Jon wants to do. He did make it a point to keep a controlling interest. That keeps these venture people from coming in and raping the company like they did to iStock. Then they pay their own big dividends, not to common shareholders, and leave the withered and drained carcass.

If Jon sells the rest, or gives up control, this current situation and the holding up of our commissions will be gone. He has in the past, since the beginning, stood up for contributors. Don't expect any venture people to care 2 cents about us.

John is long gone! why should he stay around watching it all fall to bits?

Pauws99 · « **Reply #11 on:** December 30, 2016, 16:13 »

Quote from: gyllens on December 30, 2016, 15:10

Quote from: YadaYadaYada on December 30, 2016, 14:24
Quote from: JerryL5 on December 30, 2016, 13:07
Keep in mind that buying stocks is generally for the long term.
Most likely you won't get rich, but your kids might benefit when
your stock is transferred to them in later years.

And all the other reasons, why not, above. I was mostly making fun of the people who claim our incomes are down because all the stockholders are getting rich and telling the company what to do.

Bubble tomorrow or July, or in 2020, it's going to burst again. Big losses again. Trump will get blamed for people with bad investment sense.

SSTK is over valued and has been since shortly after the IPO. Best buy for common investors would have been last Feb. when it was down to $25 a share. Now it's way up and over again.

I make more a year on dividends and reinvestment programs that I would on Bigstock sales. Yes, some day it will all belong to my relatives. Until then I'm not selling anything to buy some fancy new trendy tech stock.

Who actually knows what Jon wants to do. He did make it a point to keep a controlling interest. That keeps these venture people from coming in and raping the company like they did to iStock. Then they pay their own big dividends, not to common shareholders, and leave the withered and drained carcass.

If Jon sells the rest, or gives up control, this current situation and the holding up of our commissions will be gone. He has in the past, since the beginning, stood up for contributors. Don't expect any venture people to care 2 cents about us.

John is long gone! why should he stay around watching it all fall to bits?

What makes you say that? He owns 46% and is Chairman and CEO

Tryingmybest · « **Reply #12 on:** December 30, 2016, 16:25 »

Unless you're experienced with stock picking, stick with mutual funds. Buying one company is a quick way to lose alot of money. You might be better off making art to sell on microstock if you want to get rich.