learn. PCLN has invented a printing press for cash. That is their business.
part of the increase is quarter end. part is a general understanding of the way PCLN operates and the cash they generate. They cenerate 200MM+ each quarter and that is growing.
now i get it. the 200MM /quarter explains the 5 billion addition to an already hugh market cap in the last 10 trading days. clever!
How?? Here in the US almost no one uses them. They hit it big in Europe, however Europe in in trouble and now they want to expand in Asia, good but it is not easy money to create a new market.
Two weeks ago it was at 640. Has it increased its cashflow materially in the last 10 trading days?