delusion梦碎
2023-08-07

SQ is sort of too expensive for me.

Feels like everyone who owns this stock is a trader. I have looked at SQ many times and their lack of profit, the use of adjusted metrics and the lousy capital allocation leading to dilution keeps me away.

They do have a great product vision, but from a shareholder perspective, I don’t think they are out to create value.

The market just experienced a growth spurt and there are many articles that starts going bullish on the stock market. Word of caution, consider risk management and trade within your means. I foresee a lot of volatility and those without conviction might not last long enough to see the fruits. $Block(SQ)$

SQ price chart (weekly)SQ price chart (weekly)

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Comments

  • 中蓝的中榕
    2023-08-08
    中蓝的中榕
    I agree that this one is close to a meme stonk for speculation
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