Thoughts on PayPal
I’ve been on a pretty not-so-fun ride with PYPL. I bought in at $117 over a year ago and it has dropped and continued to drop. I’ve tried my best to dollar cost average and have gotten my average down to $75.
I really believed in the company but as of late they have me very frustrated. If it continues to drop, the only way I see a possible out is just continuing to DCA. However, in my heart of hearts I think they’re going to turn it around and/or having something big coming.
Anyone else feeling optimistic about PayPal?
$PayPal(PYPL.US$
I really believed in the company but as of late they have me very frustrated. If it continues to drop, the only way I see a possible out is just continuing to DCA. However, in my heart of hearts I think they’re going to turn it around and/or having something big coming.
Anyone else feeling optimistic about PayPal?
$PayPal(PYPL.US$
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102171325 : Hold
151165046 : You were doing something very dangerous, never trying to catch a falling knife, as you wouldn’t know where the real bottom is.
151641076 151165046: I think you're confused between DCA and catching a falling knife thouch. DCA is the proven best method to lower your costs base down in the long term. Knife catching is you are going all in at a particular price thinking its the bottom.
151641076 : Trust me every Paypal shareholders felt the same. Paypal needs to announce the new CEO & CFO to provide some certainty and then I think the stock will go up.
102785019 : u r not alone...
I still in 95
Hope there will b a better tomorrow
ThirtyOne : At this point, If your average is $75 you’re not doing bad at all. As you said, you started buying a year ago so if your finances permit then you may consider “sleeping” for quite a while and to let it work itself out. In my opinion this company is worth we’ll beyond this price. This is no financial advice by any means but yes I am very optimistic about this company in the big picture.