Feb. 2 at 12:01 AM
$PYPL so this thing has only declined since ER of Q3. Last week it went down 8%.
So no earnings pop, which usually means further decline ( sigh ) after ER regardless of the numbers. I feel like they could report
$6T for Q4 and their market cap would still decline to sub
$50B.
I lost my faith in the stock but not in the company. I just wish management would fight better for the shareholders.
Last year, management only sold their own company, not a single buy.
What is an appropriate PE for a company like that. We know for certain it's below 11, and likely lower.