Ann: Openpay commences US launch and reports record trading, page-21

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16/12/20

11:47

Post #: 49616896
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Originally posted by Goodfella58: ↑

The five stages of an asset bubble can be seen in all BNPL stocks

Phase One: Displacement. An event or innovation occurs that sharply changes expectations. This phase is typically grounded in reality and good intentions.

Phase Two: Expansion. This is the stage where the narrative takes hold and people begin bidding up asset prices.

Phase Three: Euphoria. By this point, all bets are off. Everyone assumes they can get rich easily and very quickly. Risk is taken with abandon and nobody worries about the hangover in the morning. During the dot-com bubble, this is the point where people decided they could make more money day trading IPOs than going to their day job. Euphoria makes people think the good times will last forever, or at the very least, they won’t be the ones holding the bag when it turns.

Phase Four: Crisis. The inevitable other side of any boom is a bust. This is the phase where the insiders begin selling, and panic buying quickly shifts to panic selling.

Phase Five: Contagion. Just as prices overshoot to the upside from euphoria, they often overshoot to the downside once the contagion of bad news spreads and people think things will never get better again

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WHAT A CERTIFIED A****OLE!
THIS HAS GOT TO BE THE BEST ANNOUNCEMENT OPY HAVE EVER MADE AND WILL MAKE IN THE NEAR FUTURE.

your post could make sense before this announcement but now .........?????????
You don't have a clue mate, you'd be better off going into your rabbit hole and staying there cos ........ you obviously cannot see the carrots!

OPY Price at posting: $2.50 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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Ann: Openpay commences US launch and reports record trading, page-21

Top Stories

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Microcap Wrap: 5 explorers with news out today

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Ava Risk Group expands US presence with A$0.7M Substation Deal

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Silver Mines models five new calderas close to 396Moz Bowdens deposit

ChemX Materials kicks off first stage works at WA high purity alumina pilot

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Recce's R327 found effective against E.coli during clinical trial

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