To The Moon

Bob Lee, former Chief Technology Officer of $Block(SQ)$ and current Chief Product Officer of MobileCoin was stabbed in downtown San Francisco around 2:35 a.m. on April 4 and later died of his injuries. After the news, people in the Silicon Valley tech community also expressed their shock and sorrow at his misfortune.1. Bob Lee - A Silicon Valley Tech maverick & An Insightful InvestorBob Lee worked at $Alphabet(GOOG)$ from 2004-2010, where he was involved in building Google's Android system. In 2010, he joined $Block(SQ)$, a financial tech company founded by Twitter founder Jack Dorsey, as Block's first Chief Technology Officer. He not only led the technology stru

$Block(SQ)$  should be good, we will following up 

$Block(SQ)$  ok, good hint.

$Block(SQ)$ have a read

The cryptocurrency market has been experiencing a lot of activity recently. 1. Ongoing lawsuits against crypto giants - Coinbase, Binance, and TronA. First crypto bomb - SEC formally charged Coinbase and Justin Sun$Coinbase Global, Inc.(COIN)$ has received a notice from SEC stating its intention to take enforcement action against the cryptocurrency exchange. This caused the stock price of Coinbase to fall as much as 15% trading following the announcement. Justin Sun, founder of Tron and member of Huobi's Global Advisory Board, was sued for illegal sales of securities, fraud and market manipulation, as well as

Block, formerly known as Square, is a company founded by Twitter co-founder Jack Dorsey. Initially, it provided payment and mobile banking services to merchants and consumers. The mobile internet accelerated its growth, making Cash App one of the most widely used Fintech applications. Company has also successfully expanded its business from payments to peer-to-peer lending, online credit cards, digital currencies, investment trading and other businesses.In Q4 2022, Cash App's MAU rose to over 50 million.March 23rd, Hindenburg Research released a short report titled "Block: How Inflated User Metrics and “Frictionless” Fraud Facilitation Enabled Insiders To Cash Out Over $1 Billion," targeting the company

$Block(SQ)$  short now, go long after

$Block(SQ)$ you are very good

$Block(SQ)$  haiz, what a bummer.

$Block(SQ)$  i believe it's great time to short block until next week 

$Block(SQ)$  yes I agreed is definitely supported!!! 

$Block(SQ)$ let's fight back and rise with Bitcoin Square, or as they now like to call themselves, Block, is a company that’s been making big headlines lately. There’s the whole cryptocurrency thing with Bitcoin, which is a big deal these days. But there’s also something else going on at Block that’s worth talking about: they’re making a huge acquisition and doing a corporate rebranding. But let me tell you, it hasn’t all been smooth sailing for Block. Some short sellers have been attacking their stock, and that’s led to a bit of a downturn. They’re accusing Block of inflating Cash App user metrics and facilitating fraud. But let me tell you, Block is fighting back. They’re considering legal action against these short sellers, and many analyst

$Block(SQ)$  When you think of SQ stock, cryptocurrency Bitcoin quickly comes to mind. There's also a big acquisition to mull for Square stock as well as a corporate rebranding. Amid rising fears of a U.S. recession, one question is how resistant Square-parent Block (SQ) will be to a business downturn versus other digital payment companies. If the Federal Reserve successfully engineers a "soft landing" for the U.S. economy, that would be a plus for Block stock. Block Stock: Short Seller Attacks Shares in Block plunged March 23 after Hindenburg Research disclosed a short position in SQ stock while claiming that the digital payment company inflates Cash App user metrics and facilitates fraud. Square fought back against the charges. The company sa

On March 23, 2023, Hindenburg Research released a report that made several claims against $Block(SQ)$  Block (SQ), a digital payments specialist. The report alleges that Block is materially overvalued, and its Cash App is built on fraud. The report's primary claim is that Block's products facilitate crime rather than advance technological progress. Hindenburg Research also claims that Block has inflated user metrics and allowed insiders to cash out over $1 billion. Block (SQ) issued a statement in response to Hindenburg's report, stating that the report was "factually inaccurate and misleading." Additionally, several analysts remained bullish on the stock, citing its solid financials and growth prospects. To determine the validity of Hindenbu

Hindenburg Research's report alleging that Block has shown a "willingness to facilitate fraud against consumers and the government, avoid regulation, dress up predatory loans and fees as revolutionary technology, and mislead investors with inflated metrics," could have negative implications for the US technology conglomerate's governance profile if the allegations are confirmed. The Wall Street Journal hasn't independently verified whether the report's accusations are accurate. Shortly after the accusations, Block's shares fell 15% to close at $61.88 on Thursday. The company said in a statement the report is "factually

$Block(SQ)$ .Square's Relative Strength Rating stands at 32 but block still can get lower next week. Will buy if it goes down near 52usd. SQ stock faces stiff competition in both consumer financial apps and the small business market. Rivals include PayPal Holdings (PYPL), First Data's (FDC) Clover unit, Shopify (SHOP), merchant acquirers, and well-funded startup Stripe. Square stock surged in 2020 during the coronavirus outbreak as investors focused on the growth of its consumer Cash App. They shrugged off worries over Square stock exposure to small businesses and restaurants that might close because of the coronavirus pandemic Square stock surged in 2020 during the coronavirus outbreak as investors focused on the growth of its consumer Cash App. Th

With the recent report from Hindenburg Research about $Block(SQ)$ , how should you react? In this article I will share a few points for your consideration about how to react. What does short selling mean? Short sellers are investors who bet against a stock by selling shares they don't actually own, hoping to buy them back at a lower price later and make a profit. When they release a report on a company, it can cause the stock price to drop quickly, leaving long-term investors wondering what to do next. What can you do? Check if the report is accurate. Take a good look at the information presented in the report. Some short sellers may be genuinely worried about the company's financial health and provide useful insights. Others may have ulterior moti

$Block(SQ)$ Who shorting ? 

$Block(SQ)$   For a moment I thought it was Singapore airlines 😂

Following its assault on Adani Group, activist short-seller Hindenburg Research is now targeting $Block(SQ)$ , alleging that the payment company has key lapses in its compliance processes, inflated its transacting user base that is its key performance metric, and understated its customer acquisition costs. Although Block has denounced the allegations as factually inaccurate and warned of legal actions against the short-seller, its stock price plunged close to 15% overnight as shareholders rushed for the exit in a flight to safety by selling first and asking questions later. These accusations couldn't come at a worse time amidst macro headwinds and slowing economy, after Block has seen its stock price more than halved over the past year, as the