PayPal Holdings, Inc. PYPL

This is what I get for listening to YouTube gurus.

$PYPL the days on earning release from 1 yr ago where you see 50 % market cap chopped off are over… next bull market will continue its bountiful run for 2.64 years from here

PayPal $PYPL CEO's "unusual" $2 million stock purchase.

Source: @TheShortBear

PayPal $PYPL CEO's "unusual" $2 million stock purchase.

Source: @TheShortBear

PYPL has some serious overhead resistance in the form of its declining 20 dma

Read The Art of Contrarian Thinking by Humphrey O’Neil.

Never fight the tape. And never try to catch the proverbial falling knife. Clearly there’s more going on here than has been publicly shared. Rigged game? You bet. PYPL is not a takeover candidate. Common sense: Why on earth would an Apple, Google, Microsoft etc pay $66 Billion for a company they can “buy” (and have been buying) in the free market for about $10 or $ 15 billion via competition. Regarding stock buybacks , the board is not going to authorize a single share buy back at $ 66 billion when they know it’s worth about 20% of that. I’m not long nor short. Much easier money to be made elsewhere.

Luminar $LAZR is the $NVDA of LIDAR

https://m.investing.com/news/stock-market-news/luminar-technologies-the-nvidia-of-lidar-best-positioned-to-capture-a-dominant-share--jefferies-432SI-3063998?ampMode=1

Apple Pay cleaning PYPL’s clock. Stocks don’t fall like this only bc of shorts. Stock prices don’t lie.

Read “The Art of Contrarian Thinking” by Humphrey O’Neil. Despite the incessant dismal stock performance of late, most analysts incredulously continue to cheer this loser on. I say loser in terms of its stock returns. And we are in this to make money, aren’t we? Put another way, it’s still over owned. Watch for PYPL to print more multi-year lows in coming weeks. Of course odds are it will come back someday. Perhaps. But not until the over-optimism starts to unwind show signs of subsiding. (I’m neither long or short). Read the book.