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PropNotes
24 Th01 2022 17:10

Block Inc. Is Probably Oversold Giá lên

Block, Inc.NYSE

Mô tả

You can now purchase shares of Square / Block, the high growth fintech company, for what it was trading at back in fall of 2018. This parabolic selloff in ostensibly a quality growth name constitutes a buying opportunity for long term investors, and should be a solid place to begin DCA'ing or selling puts (which would be a great idea with the recent volatility!).

I'd recommend the April 75's. They pay 7.4% and give you a further 30% discount to the current price.

Cheers!
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SquishTrade
Great post @wolneyyy. I like your idea here. I think growth could easily come back in the 2H of 2022, but 1H turbulence ahead in growth stocks.
gtsbwbo
you think so ? LOL just wait for Bill Ackman crying on CNBC lol
thecryer
perfect bottom fisher. gratz.
coremonster
Everything is oversold. Prepare for the biggest bear market bounce in history. haha!
PropNotes
@coremonster, possible! I called for a bounce today/tomorrow last week & have been nibbling this morning
Thomaskrakow
Perfect
MaureenRovitaSwanston
perfect
louistran_016
wow your price target is correct to the dollar, very impressive
PropNotes
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