SPACE ROCKET
08-17

Circle Internet Group's (CRCL) stock has seen significant fluctuations recently. After posting strong Q2 revenue, driven by a 53% increase in revenue and robust demand for its stablecoin products, the stock surged. However, it has since pulled back.


⁉️SHOULD ONE INVEST BY BUYING THE DIP?⁉️

Considering the volatility and recent pullback, it's essential to weigh the pros and cons. Some analysts see potential for growth, citing Circle's strong position in the stablecoin market and increasing adoption. However, others caution about shrinking profitability and intense competition.


Given the current uncertainty, it might be wise to:

⛔️ Monitor the stock's performance and wait for more clarity on the company's financials

⛔️ Consider setting a stop-loss to limit potential losses

⛔️ Evaluate your investment goals and risk tolerance before making a decision

⛔️ Ultimately, whether to invest in CRCL stock depends on your individual financial situation and investment strategy. It's crucial to conduct thorough research and consider multiple perspectives before making a decision.


It's not for me though. I don't like newly IPO-ed stocks.

@TigerPicks  @TigerStars  @Tiger_comments  @BABY SPACEROCK  @nomadic_m  @RocketBull  @LULU ROCKET  @JiaDeName  @DanTEOHH  @Zarkness  @icycrystal come comment for coins.

Modified in.08-17
Circle Dumping Risk? Cash Out at $150 or Time to Bottom?
Circle beats revenue but fell as it 5% as it files to sell 10M shares of Class A common stock. Circle reported a net loss of $482 million in the second quarter, compared with a $33 million profit a year ago. Revenue increased by 53% to $658 million, surpassing Wall Street estimates of $646 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • 热爱105度 PUPCUPS
    08-18
    热爱105度 PUPCUPS
    有没有搞错啊,高风险的股票,远离它
    • SPACE ROCKET
      I think it's more for day traders for fast trades, not exactly for long term hold unless you have very strong conviction in the stock's fundamentals.
  • Zarkness
    08-17
    Zarkness
    I wonder where circles made the losses at which segment …🧐
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