Jun. 2 at 3:53 PM
$PYPL if Paypal used all
$6 bil in buybacks right now it would retire around 15% of total outstanding shares....thats crazy, that would put the stock around
$52 if it was thre same market cap as is now.
Couple that with banking license approval and just a flat year, this would easily get to
$60+ of you factor in any good news, and growth from the fastlane, chinas tencent partnership and the meta partnership. Its really difficult to see this staying so damn oversold.
I could easily see this at
$70 minimum even on mediocre growth.