Would you buy SQ here for long term hold?

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Yes

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Yup. But I personally like PayPal better

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P/e 340 it hasn’t fallen down

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Yeah i regret not doing so when it was half its current price.

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I bought at the top but long term I see them as a very strong player in the space

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Not sure about long term but Adding tomorrow for a news driven swing trade

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Acc1: I first got it at 70 on wife's reco. She's fintech. Sold at 130 and was happy I made gains. Regret it. Entered again at 190 for long term hold.

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Added this morning before the 5% move. Will likely add a bit more later this week

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My opinion… All the growth for 5-10 years has been priced in. Don’t believe what I just said though. Do the DCF and come to the conclusion yourself.. apply growth numbers at an IRR that you are comfortable with.

Is it a great business?? Probably.. the question is what return are you looking if you are looking for a LT play?

If you are a speculator and want to bet on big moves, that’s not my area of expertise to give an opinion on.

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Hah I was looking at buy end of day and they just got news of offering business savings and checking accounts

100% great business and marketing team

I don’t know why the stock is priced at 200+ but I don’t think you’ll see it at 400 in 6 years.... which is roughly 12% return annually. The fin tech space is getting competitive with lower barriers to entry, and I think it’ll be hard for SQ to stay ahead of the curve like they have until now.

Buy PaySafe

Yes. Sq and paypal are the major players in the digital wallet space right now. If you look at china and alipay/wechat pay, paypal and sq are the only companies that come close.

Every penny.

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