@oneFlyingGuy Sleep easy! They are not a small company… the public markets have a way of convincing people that anything under 10 billion market cap is small. Even 100 million market cap companies are considered micro caps. If so - what do we call the $3 million local pizza business?
@weary_centurion In q1 they did 2% YoY top line growth, and q2, 5% YoY. Debating over this won’t have a crazy impact on business long term, assuming they keep growing, but double digit could come q4.
@HatedMoats @Kross_Roads @weary_centurion The best part about the bear thesis is it’s keeping the price down to basically small business, local service based, zero moat multiples. If financials showed PayPal was declining - I’d agree with you. But the data is all right in front of us.
@weary_centurion@HatedMoats @Kross_Roads Time will tell. But this is definitely an asymmetric opportunity. Stock staying down is a good thing tbh… buybacks are good, but also more time to accumulate.