Feb. 25 at 8:40 PM
$PYPL
Look, if your stock thesis is longer than a blank sheet of paper, it is bullshit.
A value opportunity should smack you in the face like a jealous girl-friend: It is a testimony of love if there was ever any.
Wall Street has made securities analysis unnecessarily complicated; that’s their business, and their commission all hinges on the superficial complexity.
Anyone ought to be able to analyze a business and write a convincing thesis. Basic accounting and good ol common sense is all that is needed.
Ok. PayPal…let’s get back to it.
Who doesn’t know PayPal? It is been around forever. We even hear about a “ gang” known as the PayPal Mafia here and there.
The point here is rather clear: The company has been around for a long time; it might have lost some of its luster.
And that’s why the stock is down -85% in 5 years. And that’s exactly the right time for us “ uglystocks investors” to strike in and buy.
I don’t care whether the company will get bought up or not…
