My opinion, I’d ditch Square. They’ve recently shut down one of their biggest revenue streams and the end of this year won’t be good for them. I’d almost bet a 50% drop.
Square cut their Capital program (or at least suspended it) due to CV and small business uncertainty. That was a huge revenue stream for them, if not their biggest. Curious to see if they start that back again. I won’t take another one, I’m enjoying my raise lol.I'll enjoy my seafood tower due to them today first...Ha ha!
(In all seriousness, at some point, there is some valuation concerns with DOCU, ZM, and SQ (as well as TSCO))
Square cut their Capital program (or at least suspended it) due to CV and small business uncertainty. That was a huge revenue stream for them, if not their biggest. Curious to see if they start that back again. I won’t take another one, I’m enjoying my raise lol.
Pre market. I thought I was getting a seafood tower. Now back to the Vienna sausages
I went from +$3000 to -$226 lolYup. I was sitting in the green pretty good pre-market. Disney, SAVE, Groupon, all were up at least $1. Even my penny stocks that I was losing on were floating around yesterday's close. 10:30 comes around and everything is back in the red. Finished the day -$114 overall. I ain't seen a green day in over a week lol.
I like CHWY. It was a little too steep for my blood when I jumped in, but I use them and know plenty of others that do. With many not wanting to go out and the ability to buy pet food and meds online and have it shipped straight to your doorstep, I think its a good play while all this COVID stuff is going on.So a few solid leverage plays seems to be USFD, CHWY, and GOLD. My only reservations are GOLD was about $6-7 while a Dem was in office, so I’d definitely dump before November to be on the safe side. CHWY is new, but my wife really likes it. Any thoughts on this? To me, it could go to $20 or it could go to $100. I really can’t tell. USFD feels safe. I sold mine last week, but I’m always watching to jump back in.