I’ve never seen this high of a volume with DFN and I’ve been holding it plus 6 years now. Very strange and can’t seem to find any news so most likely a few large holders know something that the average retail investor doesn’t..
mkyjtdqspc
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Something must be happening behind the scene. I doubt the selling was retail investors but most likely institutional holdings. Question is why the sudden sell off.
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Regardless of what the price of a stock should be, unfortunately in the real world the analysts have the power to influence the movement, a few large firms have influence on the market and the overall market dictates what the price should be. Go with the facts, play safe, play long term and by pass all the daily drama.
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Price could be dropping “possibly” because market is anticipating another disappointing quarter like what happened to Netflix. It is very possible Netflix’s situation has triggered a sell off not only in Paypal but many other stocks too.
So much speculation in this chat room. Seems everyone has a crystal ball and knows exactly what is going to happen lol.
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Ceo has missed up and is taking this company down. Shareholders should push for his resignation and a change in Managment. Paypal needs a new Ceo, someone who has faced situations like this and is able to gradually turn this company around.
I just can’t believe after what has happened on only a few have mentioned his resignation!
For this of you who keep saying it was a 1 cent miss, this is not why the stock has dropped. I have to say I found their presentation and guidance very sneaky as if they were trying to hide something.
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