Went as low as $3.51 and bounced nicely, almost getting back to $3.80. I'm doing best on my travel stocks LOL!!!
Overall, as said by some, today was panic trading. Paypal operates largely in the online sales market. I've never had a car tune-up, tooth filling or bought a new front door on Paypal. The target price has been revised down from $6.48 to $5.96, in which case I would still almost double up. I chose not to load up because I grabbed some a few weeks back as low as $3.46, so my average price would have moved down a few cents.
Today was the day to get this at these levels, the only thing next to worry about is a Nasdaq correction, other than that, nothing much to see here.
Hopefully a larger rebound tomorrow.
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