Hopefully stays down.
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People with FOMO might have bought the stock at 115 after the last earnings call, and some people may have believed the hype. This stock will be at $200 by end of year.
People bought at 115-120 banking on 200? That sounds like a tricky investment even in the best of times.
@qan+1dwtaVGE why would you buy and be a bag holder. Right now there are a bunch of people that are holding on to a stock that was at 120-115 dollars, and throught it was going to $200. It would need to have a double bottom to verify support, and then it might be a good short term trade back up to 105-110.
I heard SSB might be next up to leave.. would not surprise me given the recent outages
When I got “the call” I sold all my stock. I saw this coming. Sell, people.
My puts are printing loads of tendies. Yummy. Thank you Frank for your bad leadership. :)
I bet Frank is kicking himself that he didn't lay more people off and get a better 3rd quarter result. Got to lay more off in the 4th quarter. Can't do it the honest way by taking care of customers and making money.
OFD leadership at its best...thx Frank!
Frank probably sold his shares before the call.
There is so much turmoil and uncertainty as an employee with this company the last couple years, I would never have invested in it, or at least got out of it by now. 95.64 that has to be some sort of record decline. But it has a couple hours to go either way yet.
Down in the $95 range now...how low can it go?
Also, keep close attention on the investors of Fiserv stock, You don't want to have any mutual funds that are large owners of Fiserv. Their prices are not the best today either.
buy low sell high, time to get in now!!
Alot of our coworkers probably own Fiserv stock. I wouldn't want it to keep going down because it affects them.
With that being said, it's generally not a good idea to have large percentage of your portfolio be in a stock for a company that you work for.
LOL Fiserv down 12% has nothing to do with the market being down. The Fintech sector is getting hammered tho.
About 97.52 now, however the entire market is down at the moment. Not sure how much Fiserv is affected by that.
Keep buying other companies, Frank.