Reduction in saving accounts, less money in system with higher rates, Celsius Ponzi lending scheme domino of more companies to be discovered doin same soon with creation of zombie companies and toxic debt on the way. Jeffrey Epstein is CEO of btc. $eth $tsla $mstr $coin $qqq $spy $amzn $sq
This is the top Fintech play now!!! PYPL talked about how the current economic environment would be difficult on their results and $SQ is growing robust!!!!
75% held by institutions and insiders.
MC $7.5B
Cash $10.6B
I am
Long at current price
$ARKK $TSLA $SQ $ROKU
$ROKU $SHOP $ZM $SQ $PYPL $TSLA $SOXL
Price dropped to $71.72, EPS is 0.92 so PE ratio is 78
Reasonable (but still high in this environment) is PE 20. 78/20 is 3.9, so SQ is 4 times overvalued.
SO the fair value is $18.38.
I advise you to not buy this above $20 or sell now and buy back under $20 because that is where $SQ wants to go.