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19.5¢ openpay group ltd

I think there's a fear of falling knife (FOFK), keeping wary...

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GVHope

88 Posts.

91

23/07/21

21:03

Post #: 54734038
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Originally posted by mrspeculator: ↑

I keep on saying to myself "it can't go lower than this" but it does, sometimes without a parachute. It's been sinking even after a positive night on the NASDAQ. The Apple BNPL news is doing the same as the PayPal news.
If it goes below $1.25, it'll go sub $1.
There's a guy on YouTube who rants about OPY with hand cream. I told him that it'll probably sink back to 30c, and he said "never." At the last run when they performed the takeover in the UK, he did a presentation confessing he'd bought 50,000 units at just under $1.60. I've switched him off. I really don't think he knows how to invest. It should have gone up today with the other BNPLs but it didn't. Let's see what happens next week.

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I think there's a fear of falling knife (FOFK), keeping wary buyers away. There certainly needs to be a regular flow of good news to provide confidence to buyers.

OPY Price at posting: $1.29 Sentiment: Hold Disclosure: Held
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