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MLP_SAIM_KHAN • Millennium Summer Challenge (2023) • Aug 2023
Closing position
MLP_JACK_PULLEN • Millennium Summer Challenge (2023) • Aug 2023
Closing position
MLP_SAIM_KHAN • Stockfuse Continuum (US) • Jul 2023
Has historically been among the most volatile of stocks on earnings - if this goes well, it would boost my overall portfolio value significantly, and if it goes wrongly then RIP. The reason I'm going long is that recent actions by the folks at Pinterest have been very positive - they have recently struck a partnership with Amazon to bring more brands to the platform, they have taken steps to enhance user experience, they are collaborating more with advertisers etc. All of this set it up for potentially having a much more positive Q3 outlook than currently priced in. At the same time, it is ultimately a social media company that is relatively niche and has taken a heavy beating since peaking during the pandemic in terms of relevance, but with the right execution by management, the future outlook could still be brighter.