I can understand why there would be interest, but I just can't see it... at least now. They are finally free to fly and innovate. Yes, V or MA or AXP could make them a ridiculous offer, but I don't see that happening anytime soon. Of course, FB, GOOG, or BABA could do the same. But either way, long-term shareholders should be sitting pretty. Either PYPL will fly high on its own or some company out there will pay dearly to buy them. After all the ruckus about spinning them off, at least for now, I don't think they'd sell to anyone. Good luck to all!
Thank you PayPal! Now long and strong both V and PYPL. Two phenomenal companies. I usually won't own two stocks in the same sector, but I'm making an exception with PayPal. Can hardly believe PYPL isn't up even more... but kind of happy about it. If we get a PYPL pull-back, I hope to buy more. Good luck to all Visa and PayPal longs! :)
I waited too long to get into Visa. Watched it all the way up to $116 (pre-split) before I jumped in. Was afraid I'd missed the big run. Hardly! My biggest single stock success story! In my opinion, PYPL is another V. Got in at $38.96. Like Visa, I plan on leaving it there for the next 20 years. If you got in early on PYPLV, you got the gift of a lifetime!!! Don't cut your gains short. Have a long-term time prospective and you'll be rewarded beyond your wildest dreams. Good luck to you!
I would guess it's for sometime in the next year. $75 is too much to dream for short term, but you never know! Good luck to you!
Analysts at Susquehanna Financial Group set a $75 price target for PayPal, which will begin trading on Monday under the ticker PYPL on the NASDAQ, following its split from eBay Inc. EBAY, +1.07% after today's close. Susquehanna analyst James Friedman wrote in a note that the company's roadmap suggests that PayPal has large ambitions as it pursues a strategy for broader merchant acceptance and increased consumer usage. Friedman pointed to the buying power of PayPal's active customers, technology capabilities to help merchants, potential collaborations in its Paydiant customer base and key assets Venmo and Braintree as potential keys to PayPal's success moving forward.
Hey jdokes... well, if you got in early and rode out the dip with FB, you'd have made a tidy sum! Just can't look at it as a quick in and out. If you stay in, you win! Good luck with V and PYPL if you decide to get in!
Guessing (hoping) somewhere in the $42 - $45 range. Lots of pent-up demand for this stock in my opinion. As a long term hold, I think anyone who gets in under $50 will be extremely happy!
I would think that PayPal will have a nice first day of official trading. Also hoping that it will send shares of V and MA skyward as well. Long and strong V (and PayPal) Good luck to all!
Hi Cal! I was told that the money is not taken out until close of business Friday because we are buying PayPal "when issued." Well, my understanding is that it's not officially issued until close of business on Friday. Basically, those of us who have bought have a "reservation" to buy. What could derail our reservation? If for some reason the stock ends up not trading when we were told it would, we wouldn't get the shares. The likelihood of that happening, from what I've learned from reading articles, is small. Hope that helps!
Hi lrking1. I came across this article that helps explain what's going on. Wish I'd seen it a few days before I bought, but I'm still happy with the price I got. Best of luck to you! http://investorplace.com/2015/07/how-to-buy-paypal-pypl-stock-before-the-ebay-split/#.VaflUJVRGUk
I actually had to walk into my local Scottrade office and inform them about the spin-off and how PYPLV will become PYPL on Monday. Also stunned that those "in the business" knew so little about such a massive stock story.
Thanks again to everyone who participated in the discussion about how to buy PayPal prior to Monday! Wanted to let you know that the process worked exactly as many of you said it would. Placed a limit order for $39. Got filled for a few cents less... $38.96. Shares appeared in my account but the money was not taken from my account. That is supposed to happened at Friday's close. I could be VERY WRONG, but I have to believe that I'm going to do very well long-term on this. I believe there will be pent-up demand for the dominant leader in mobile payments on Monday and hopefully we'll get a pop. Regardless of a pop or not on Monday, I think that one day, I'm going to look back on my purchase of PYPL at just under $39, and count my lucky stars! Good luck to all and thanks for everyone's great input! :)
So I guess my question becomes as follows... If I buy at $38 today, and the stock opens Monday at $47, do I still get the $38 price? Thanks to everyone who is participating in this discussion!
As an investor who did not own Ebay and did not get any spin-off shares of PayPal, what happens if I purchase PYPLV at, lets say... $38 a share today? Does that mean my order will be filled at $38 on Monday, ,even if PYPL is trading no lower than $40 on Monday? Thanks for any help the board can provide! :)
I'm glad you asked this question. So much confusion. I called Scottrade and asked if I could buy PYPLV now before it becomes PYPL on Monday. Local office had no idea. Called national office... no idea. In both cases, the people I spoke with had no idea PayPal was being spun off from Ebay. Really? You work for a major brokerage and you're in the dark about PayPal? Guess I'll just wait until Monday since no one seems to know. Thanks for asking the question!
I have no doubt that the stock will reach its previous heights and beyond. I'm a patient guy and will wait it out. If another company wants to buy it, they'd better come strong to the table now. Twitter management has never seemed to keen on selling. With recent acquisitions like Periscope, it's easy to understand why. My guess is that Twitter won't be sold because they know what they're on the cusp of delivering. In my opinion, it would take an over-the-top offer from a suitor for there to be a buy out. Either way, if you can remain patient, you'll end up being happy! Good luck to all!
Upcoming earnings announcement already baked into current share price. They already gave guidance on this.