STNE StoneCo is a Brazilian payment-technology firm backed by Warren Buffett’s Berkshire Hathaway. STNE is down 90% from the peak they hit in February 2021. After another earnings miss, StoneCo named new senior managers one of them being the head of treasury, Diego Salgado, a former JPMorgan Chase & Co. director for Latin America debt capital markets. My take...
going to be constantly mistaken for stoneisland the fire flames streetware brand so were fundamentally long here. price targets marked
you are lucky if buying now...my buy point is at volume profile... think this is a shit company for now... I am selling at line...just opinions...not trading advise
Need to do some DD on this. Berkshire continues to own 10 million shares as of 9/30, reported 11/15. Next report date would be Feb. 15th. I'm a big fan of Brazilian companies, I know there's "political risk" in Brazil, kind of like China, but it's overblown IMO. Looking at a bottom around 14-15, noticing higher lows, now just need to see prices higher than 21 for...
I remembered covering this stock last year when a follower asked me about it. Wow, the drop from its peak of over 90 dollars to current price of less than 20 dollars (70 dollars drop) is a BIG move southwards ! Fundamental wise, the company is still registering strong growth despite the inflationary pressure in its country. Technical chart wise, I think the risk...
Hi Traders, This time I will share my thoughts about Stone.co (STNE) - which seems like very nice company ... a.k.a enhanced copy of Square in Brazil with some features and merged subcompanies (which they bought). Fundamentally I really like the company. Also both Waren Buffet and Cathie Wood owns this stock. But is it still overpriced ? P/E is currently...
SQ of latin america. Took major hit in last quarter due to ~700 Mn write off. Strong support. Now expecting reversal from this point. Potential upside before major pull back is ~153%.
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor pls
Anytime a market leader hits a post IPO low, I buy.
This might be cheap enough to finally take a nibble. 8x fcf, growing revs at 40% YoY. Everyone worried about margins compressing but demos are good and market opp is big if they can improve execution, which on a probability basis, they can. Going to start nibbling long to track & I'll add once it gets some momentum. The stock is definitely a trap, but I'm okay...
This looks very similar to what I have seen in a few growth stocks in the past and a very highly conserved pattern known as the Livermore Cyclinder - Graphic attached.
STNE has had a very rough year, more so than many Brazilian stocks. PAGS has been choppy but is still profitable earnings wise, and seems to be in the lead. I have a position in PAGS, and I'm now looking to enter a position on STNE. Strong supports at 17.17 and 20.39; will DCA into shares slowly as I wait for a reversal candle on the daily (confirmation of buy...
Watching for potential triple bottom on long-term trend line. Doomsday also possible.
One year ago I saw this company was trading at premium multiple due excellent revenue growth and it has been profitable since it is still small market cap. today , crisis in Brazil send this stock back to where it was 1 year ago. I think the problem is short term and able to solve. Soon investors are going to forget what happened in the past. Long here at market...
A little more room to fall but could be setting up for a falling wedge breakout
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor pls