PayPal recovery play
So as you regards probably noticed $PYPL just dropped 7%. If you took time to actually read the Q2 results you will quickly notice that this reaction is stupid af. Revenue is up 7% yoy, operating income up 48%. What’s more important though is that the payment volume is up 11% which means they are holding their market position against Visa and Mastercard. My thesis is that Wallstreet is dumb and forgot to read that the 350mil. negative cashflow is caused by the buy now pay later payment option. So when they will actually read the results they will notice their mistake which means the stock will go up again.
Gonna buy shares or 2025 leaps tomorrow. Maybe some short term call options with 75$ strike. $PayPal (PYPL.US)$
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