OPY 0.00% 19.5¢ openpay group ltd

if you are a long time holder, those things shouldn't warty...

  1. 133 Posts.
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    if you are a long time holder, those things shouldn't warty you. as longest business remains healthy, stock will follow.
    2008 financial crisis. VISA as a financial institution was getting burned and obviously its stocks sunk but..... nothing was wrong with VISA business. VISA business was perfectly fine but the fact that was involved in a the financial sector, market punished the stock. an institution investor invest an average of $500 million dollar a month in VISA stock cos he knew that business was healthy. of course, VISA stock recovered quickly when the clouds disappeared. I tell this story because we can easy apply to BNPL players. doesn't matter if NASDAQ is correcting. what it matters is if the business is doing well. the rest is secondary.
 
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