Community discussions
pypl stock should have 3 digits (100$ / 999$)
if this happens, we can go above 100$ and stay there
so hope retailers and whales and investors will break this trend
anyone who saw i post when the price was 78 that I'm selling because we didn't visit 93$, now we will have another try
we have to close above 93$ if not we will come back at 68$ again
- Only 1% Active User Growth
- Decrease of Transaction Volume
- Mixed outlook in regards to consumer spending going into christmas
Compared to all the recent positives this is a nothing burger, but I see one main reason why the price is falling that hard and that is the lack of retail buying due to negative sentiment around the ticker PYPL. With ~78% being insitutional holdings, even moderate selling is sufficient to send the stock down that hard.
However depending on the overall market I think this will be rather short lived. With the announcement of a dividend PYPL will get added to Fonds and ETFs building buying pressure which could be the required push to send the stock past the 80$ level.