Following the $PYPL news, I thought it was worth re-upping this 6/19 piece about how (even if some of the most bullish predictions feel questionable) Bitcoin's resilience following multiple crashes bodes well for its ability to remain a store of value.
https://t.co/ioeCRmYu6W
2020 EBITDA estimates were $435 (vs guide of $60-490), now guide is $500. 2021 EBITDA estimate was flat with 2020. Put a 10x multiple stock on 2021 guide = $42.5. 12x multiple = $55.
Shorts are FUCKED! And data shows shorts added last week.
Who has the best returns in 2020? With his ATAC Rotation Fund $ATACX up 58% YTD, @leadlagreport 's Michael Gayed has to be close to the top of any list. He joins the latest Let's Talk ETFs to walk listeners through his incredible 2020 https://t.co/VQFDcrmJ9t
There's no clear catalyst to stop this rally or the outperformance of growth stocks. A reversal at some point will happen, but value investors sticking to their guns are in for more pain. https://t.co/5lF5J4el5v via @bopinion
Departing Bernstein analyst's thoughts on investing in tech:
"There is a misguided obsession in many tech circles around predicting the future of technology. In contrast, I would posit that predicting the future is actually pretty easy - the hard part is making any money on it."
NBA all-star @Jrue_Holiday11 is taking his effort to combat systemic racism to the next level by donating his remaining 2020 salary. https://t.co/XHfBoTTUE5