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Everything is down. This is almost certainly related to macro signals and not Square itself. Smaller cap stocks tend to have higher volatility and will normally
by brainflake 11y ago
Everything is down. This is almost certainly related to macro signals and not Square itself. Smaller cap stocks tend to have higher volatility and will normally take a heavier beating than larger cap ones.
- elif 11y agoCoins are up 8.3% on the day, which is strange considering all the bandwagon press universally condemning it. Some of it is correction, but I think generally more people are starting to treat it as a hedge against general global markets--as a haven like gold.
- brainflake 11y agoTotally. Investors are probably just moving to gold & treasury bonds as safer assets in anticipation of a global slowdown.
- bdcravens 11y agoYou mean Bitcoin? Probably best to refer to it unambiguously.
- elif 11y agoI was being intentionally coy to avoid replies from people not interested in what i was actually saying, but in bitcoin flamewars.