Just bought Square stock. Thoughts?

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I would have waited. Think of all the square transactions that are ...not happening

likefunny

Short term bad - long term good upside. You’re not wrong, just early.

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I already sold out thinking BCG > Big 4 analytical thinking but o boy feel like an idiot now

Did you follow Cramer ? 😂

likefunny

If your investment horizon is 2~3+ years, I feel like many stocks are at discount now. I have been bullish on Square and I think it’s a good investment at current price. Before all this happened, they were still growing fast and had a good path to profitability (I interviewed there so I did some basic financial analysis).

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I’m thinking about slowly adding square in small increments over time. Waiting/expecting more downside. The only businesses my friends, family and I have frequented in our current situation don’t use square.

I’ve slowly watched my profits on it disappeared and feel dumb. Bought in at 40 a while ago... however, long game, it’s great

Square is used by small businesses which are taking a hit...

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