Are you buying $SQ?
Is there a company that can’t catch a break? After the news about Block, are you buying the dip? I’d still more than gladly work there but can’t manage to get an interview 😅 #square #block
Sell it dude.
I’ll wait till it goes under 50$
I am interviewing there. What’s the news?
Googlie Googlie Goo. They lied about stuff.
Google “block news” for a better explanation. But TLDR: Hindenburg Research, an investment research firm, conducted some 2-year long investigation. They released some findings, mainly that Cash App (owned by Block) allows criminal activity to operate with little oversight or regulation. Stock plummeted after
Hindenburg has reputation to keep doing this. But there is something cooking up in WSB which will soon leave them in a scenario like Melvin Capital
Hell no
I read that report, it looks like a nothingburger. Buying calls
Yes but I only wish they drop this whole p2p app and BTC nonsense. Other than that I believe their payment and merchant solutions are good.
Seeing so many people complain about SQ's tipping feature and now the criminal allegations. Seems more like a shakedown app, so more downside to come.
shorting it