Spellgirl
2022-12-08

Ok

@drandy：
$Block(SQ)$ Bearish in view of potential recession that's largely expected to land in 2023. Block's stance/stake in crypto puts additional downward pressure on company performance, and subsequently, stock price, at least in the short-term - the crypto winter won't see the light of summer for quite a while, especially if/when a recession hits. Lowest price this year is about 51+. $PayPal(PYPL)$ Bullish as the OG payment platform, with somewhat more business stability - make no mistake, any recession will hit it as well but it's likely to take the hits better than Block. Lowest price this year is about 67+. The above represents the trajectories that growth & established companies will likely follow in a macroeconomically negative environment - the former will suffer more than the latter. Investors can only hope that such growth companies, suffer as they might, would pull through the bad times and survive enough for the next run of good times to come for their revival.
$Block(SQ)$ Bearish in view of potential recession that's largely expected to land in 2023. Block's stance/stake in crypto puts additional downward pressure on company performance, and subsequently, stock price, at least in the short-term - the crypto winter won't see the light of summer for quite a while, especially if/when a recession hits. Lowest price this year is about 51+. $PayPal(PYPL)$ Bullish as the OG payment platform, with somewhat more business stability - make no mistake, any recession will hit it as well but it's likely to take the hits better than Block. Lowest price this year is about 67+. The above represents the trajectories that growth & established companies will likely follow in a macroeconomically negative environment - the former will suffer more than the latter. Investors can only hope that such growth companies, suffer as they might, would pull through the bad times and survive enough for the next run of good times to come for their revival.

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