Agreed Oz its an interesting play but outside of the debit payment industry competition is absolutely brutal and getting more competative by the month. Paypal is being beaten hands down by Adyen and most US consummers are doing large transaction outside of paypal because its much cheaper (Zelle is apparently fee free) Paypal was a pioneer of sending money by "email" (for fast settlement of ebay transactions) but joins along list of companies that were first out of the blocks in a new industry but could not maintain a lead position, the most obvious of which are the Wright brothers who despite inventing the first functional aeroplane and were first to manufacture them for sale, where in later life, because of competition forced to return to producing pedal cycles.
@OzbourneForeman9 ай бұрын
Andy, I share your opinion. Certainly not one for me, but I can see why some investors might be attracted to PYPL for a swing trade. I'm going to create content like this from now on, so I hope you found it useful/enjoyable Andy!
@subhanf95559 ай бұрын
Great analysis !
@OzbourneForeman9 ай бұрын
Thanks Subhan!
@sang3Eta9 ай бұрын
Wake me up when PayPal gets to sub $10 then I will be interested. Still looks like a falling knife.
@OzbourneForeman9 ай бұрын
Fitting that you have a picture of Fry, as you might be asleep for a 1000 years ha-ha.