What I Am Buying Today.

[divmenow]

added a large position of PYPL just under $209

[stockguru]

added PM, PYPL and PLTR

Sold RBLX

[kblake]

added PYPL and ROKU

[MrFortune]

added ABNB, PYPL and GNRC

[fenders53]

I didn't realize PYPL got such a haircut the past few months. This does look like a decent entry.

[vbin]

PyPL down again. Valuation matters and it matters a lot.

[MrFortune]

(11-09-2021, 10:46 AM)vbin Wrote: PyPL down again. Valuation matters and it matters a lot.

Tell that to RBLX which is up $27 with no earnings 

PYPL will reach $300 again. Great buying opportunity to get in here. 40 PE for a growth stock is not expensive for one that's growing like PYPL. Compared to most tech stocks it's cheap. Have to buy the good ones when everyone hates it.

[stockguru]

(11-09-2021, 10:51 AM)MrFortune Wrote:

(11-09-2021, 10:46 AM)vbin Wrote: PyPL down again. Valuation matters and it matters a lot.

Tell that to RBLX which is up $27 with no earnings 

PYPL will reach $300 again. Great buying opportunity to get in here. 40 PE for a growth stock is not expensive for one that's growing like PYPL. Compared to most tech stocks it's cheap. Have to buy the good ones when everyone hates it.

Totally agree Kblake.

[vbin]

(11-09-2021, 10:51 AM)MrFortune Wrote:

(11-09-2021, 10:46 AM)vbin Wrote: PyPL down again. Valuation matters and it matters a lot.

Tell that to RBLX which is up $27 with no earnings 

PYPL will reach $300 again. Great buying opportunity to get in here. 40 PE for a growth stock is not expensive for one that's growing like PYPL. Compared to most tech stocks it's cheap. Have to buy the good ones when everyone hates it.

I am not the one buying rblx. I shorted it a while back and made money.

[fenders53]

(11-09-2021, 10:46 AM)vbin Wrote: PyPL down again. Valuation matters and it matters a lot.

That's what Chuck says.  it definitely matters when you miss earnings or trim forecasts.  Some of smaller cap hype stories are really getting beat up after earnings. PYPL price targets getting cut WAY back so they'll have to grind through that. It will all depend on market staying bullish into 2022. Fools will buy everything no matter the valuation if that happens.

[MrFortune]

(11-09-2021, 10:56 AM)vbin Wrote:

(11-09-2021, 10:51 AM)MrFortune Wrote:

(11-09-2021, 10:46 AM)vbin Wrote: PyPL down again. Valuation matters and it matters a lot.

Tell that to RBLX which is up $27 with no earnings 

PYPL will reach $300 again. Great buying opportunity to get in here. 40 PE for a growth stock is not expensive for one that's growing like PYPL. Compared to most tech stocks it's cheap. Have to buy the good ones when everyone hates it.

I am not the one buying rblx. I shorted it a while back and made money.

I didn't say you owned it. I was just pointing out you have names like RBLX who's making a negative $1 and change and it goes up $28 lol

PYPL is making a ton of money and the story will only get better moving forward. Out of all the tech stocks; I will own PYPL over many others.

[vbin]

(11-09-2021, 11:07 AM)MrFortune Wrote:

(11-09-2021, 10:56 AM)vbin Wrote:

(11-09-2021, 10:51 AM)MrFortune Wrote:

(11-09-2021, 10:46 AM)vbin Wrote: PyPL down again. Valuation matters and it matters a lot.

Tell that to RBLX which is up $27 with no earnings 

PYPL will reach $300 again. Great buying opportunity to get in here. 40 PE for a growth stock is not expensive for one that's growing like PYPL. Compared to most tech stocks it's cheap. Have to buy the good ones when everyone hates it.

I am not the one buying rblx. I shorted it a while back and made money.

I didn't say you owned it. I was just pointing out you have names like RBLX who's making a negative $1 and change and it goes up $28 lol

PYPL is making a ton of money and the story will only get better moving forward. Out of all the tech stocks; I will own PYPL over many others.

That reminds me of what Grantham said, just becouse 1 thing is utterly over valued, are we gonna take that to justify something else which is less utterly overvalued? Not saying PayPal in that situation, but it was. It still is overvalued given the competition they face from some new names stripe, affirm, after pay( I think square bought them). The space is getting crowded.