Between 2008 and 2016 they used to mock $AMD by calling it "Advanced Money Destroyer", today Paypal is being mocked by being called "PainPal".
If you look at AMD now you can clearly see that people who bought between that decade made a huge deal.
"History doesn't repeat itself but it often rhymes."
I have not a position in PayPal yet, however I am monitoring the company 'cause I do not want to miss this opportunity.
Fundementally speaking PayPal business is growing, the only thing deteriorating are margins because BrainTree is growing fatser than the classic Paypal button.
However both BrainTree and Venmo are 2 gems in the Pyapal portfolio.
If you look at AMD now you can clearly see that people who bought between that decade made a huge deal.
"History doesn't repeat itself but it often rhymes."
I have not a position in PayPal yet, however I am monitoring the company 'cause I do not want to miss this opportunity.
Fundementally speaking PayPal business is growing, the only thing deteriorating are margins because BrainTree is growing fatser than the classic Paypal button.
However both BrainTree and Venmo are 2 gems in the Pyapal portfolio.
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@TheMaverick I don’t know how good that example works. AMD had a lost decade because they really stood in the shadows of Intel at that time. Nobody really wanted to buy AMD until TSMC evolved their technology a lot faster than Intel Foundries and AMD gained access to this advanced manufacturing. All they really did was getting lucky.
I don’t know if a miracle like this can happen for PayPal.
Their business isn’t doing bad but nothing seems to cause any optimism in the market. And it’s not only the future prospects that are unclear. I personally put high hopes in Alex Chriss to have a vision for PayPal. But he achieved nothing and was fired eventually. And the new guy? Enrique Lores? How is the HP guy going to bring back PayPal to growth and glory? He comes neither from the business that PayPal used to be nor from one PayPal want to be.
I don’t know if a miracle like this can happen for PayPal.
Their business isn’t doing bad but nothing seems to cause any optimism in the market. And it’s not only the future prospects that are unclear. I personally put high hopes in Alex Chriss to have a vision for PayPal. But he achieved nothing and was fired eventually. And the new guy? Enrique Lores? How is the HP guy going to bring back PayPal to growth and glory? He comes neither from the business that PayPal used to be nor from one PayPal want to be.
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@Soprano PayPal has done a lot of bad choices, I remember when they wanted to acquire $PINS in 2021 for no reason at all.
The new choice of CEO is the main reason why I didn't buy the stock yet.
I wanted a CEO with fintech experience, this one instead is famous just for cost cutting.
When AMD rose was not because they were "lucky", but because of the new CEO's Lisa SU decisions and plan of action.
Paypal has a lot of potential but the management is always choosing a wrong CEO for the job and the company has no direction.
Paypal will lateralize until a CEO with a good background and a good plan of action/vision will take control of the company.
The new choice of CEO is the main reason why I didn't buy the stock yet.
I wanted a CEO with fintech experience, this one instead is famous just for cost cutting.
When AMD rose was not because they were "lucky", but because of the new CEO's Lisa SU decisions and plan of action.
Paypal has a lot of potential but the management is always choosing a wrong CEO for the job and the company has no direction.
Paypal will lateralize until a CEO with a good background and a good plan of action/vision will take control of the company.
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