Jan. 31 at 3:10 PM
$PINS WHY is it absolutely necessary for Management to LOOT the company via their Share Based Compensation Plan? The Buyback Plan does not offset the SBC because they are absconding with 3/4 of the FCF to implement it. So FCF is not really
$1B it’s actually under
$300M. Pinterest is starting to look like a rigged game..
Cease and Desist the SBCP
Offer a Dividend
Use the FCF to benefit the BUSINESS as opposed to just select management friends of bill ready.
The layoffs for LONNNNNNNNG-term margin expansion is not enough. This stock SHOULD be closer to
$40 than to
$20 right NOW. The share price is a direct Indictment of management cutting our legs out from under us. ENOUGH. Prosper by driving the share price higher. Anything else is Fraud.