Constantine

@crypt0max_ @SwissKnifeInv Impatient people, who don't do research, who follow the crowd, keep selling.

@SwissKnifeInv I agree with the overall thesis and hold some, but i wonder who and why keeps selling into the buybacks for price not to trend higher yet. How much sell pressure remains to eat this liquidity, and why do they not believe in the bull story.

This is what the bears miss while they argue about the checkout wars. $PYPL is still building. $1.8 trillion in annual volume. 434 million accounts. A two-sided network that took two decades to build, evolving in front of everyone calling it a managed decline. Bought my first PYPL shares for the SKI portfolio at $40 in February 2026 when the obituaries were being written. Added five more times since. The thesis was never the next product launch. It was $6B in guided free cash flow, a 16% yield at entry, and a buyback retiring 33 million shares a quarter. The denominator keeps shrinking. The new CEO keeps executing. Wall Street keeps publishing eulogies for a company processing $1.8 trillion a year. I'm staying put.

@Ryan_AZRealtor @SuEricGP @EnriqueJLores Don't worry, it should go up later this year

Yeah that’s Management giving you bullshit spin for terrible margins and zero change. Same ol Paypal garbage. The kicker is the “new” CEO @EnriqueJLores has been on the board since 2020, knows the problem and refuses to make the necessary changes. It’s pretty disgusting. I have leaps and I hope this company goes to zero. They’re fucking idiots.

$PYPL: Cannibal Stock, Dominant Force 📈 Did you know PayPal is aggressively buying back its own shares, handing billions back to shareholders while revolutionizing digital payments?

@Ryan_AZRealtor @SuEricGP They mentioned pulled forward investment and expenses in the Q1 2026 earnings call. Future quarters, therefore, will hence have especially low expenses, theoretically.

Pulled forward investment in what?! When did this investment start? If you’re referring to the Alex Chriss crap, that was years ago, where’s the results? Sales growth have been dismal for years, which is fine. They’re a mature company. The problem is margins are declining as well, too much operating costs. They’re a payment processor embracing AI and plan to cut 20% of employees over the next couple of years. Their AI sucks, too much payroll and management that is ok with burning shareholder investment.

@Ryan_AZRealtor @SuEricGP Paypal+ and Ads

@ConstantinBell @SuEricGP Are you referring to the “new initiatives” that got Alex Chriss fired, because the results have been terrible? I would revisit your thesis and dig a little deeper.

@Ryan_AZRealtor @SuEricGP They pulled forward investments and are restructuring -that's why the operating costs were up. They project $1.5 Billion savings in 2-3 years. They plan to fire 20% of their workers over the next few years. The new initiatives will increase revenue and profit - Paypal+ and Ads

Did you know all of Management is retarded? Did you know that operating costs are growing at almost the same pathetic rate of sales? Did you know that they have the same 24k employees they had before they supposedly went all in on AI two years ago? Did you know they have a DEI department that eats the margins?

@George_Dubs_ @chrisrth003 Paypal+ is coming too. Big for customer loyalty and keeping them in the ecosystem loop, I think

@chrisrth003 From buybacks. Free cash flow can not grow at all and EPS will grow 10-15% just from buybacks. And they will of course grow FCF, even if modestly. Plus BNPL/Venmo growing over 20%+. BT 10%. Ads will drive growth.

PayPal is a reminder that “cheap” alone is not an investment thesis. Low valuation multiples do not matter much if user growth stalls and margins continue to compress. The key question is still: where does future growth come from? $PYPL $SQ

@aletechview It's 892 million shares outstanding

$PYPL shares outstanding continue to decrease, buybacks are doing their thing. The market continues to punish great earnings.

@KennyZufall @jcapitalgrowth Thank you. Yes, can't wait to see results. They actually have growth opportunities with Paypal Ads, Paypal+, Venmo, BNPL, Braintree, and AI agents. Their take rate was reduced because of Braintree high growth and Branded low growth. Hopefully Paypal+ will create more loyalty.

I'll be interested to see what tomorrows earnings shows, they've guided for flat EPS growth. The jump from 2022 to 2025 was not driven by their product getting better or their pricing power increasing. It was driven by aggressive, brute-force cost-cutting. Slashing OPEX to improve margins. Seems more like they've just reached maturity with limited growth potential considering their moat is being eroded. But I wish ya the best.

I still don't understand why anyone is holding $PYPL instead of $SOFI . Any Paypal holders/buyers out there care to explain?

@KennyZufall @jcapitalgrowth It's called sandbagging for the new CEO. It's valued cheaper than a tobacco company, while having 12%, net of SBC, buyback yield - which they didn't lower during forecast

@ConstantinBell @jcapitalgrowth They guided for full-year 2026 revenue growth of just 3% to 4%. For a company that used to command a premium tech multiple, dropping into the low-single digits firmly categorizes them as a mature, slow-growth financial utility.

@KennyZufall @jcapitalgrowth Paypal Operating Margin: 2025 ~18.3% 2024 ~16.8% 2023 ~16.9% 2022 ~13.9% (low point) 2021 ~16.8%

@ConstantinBell @jcapitalgrowth It's margins are compressing, IDK if i'd say it's undervalued, more like it's gone through a market correction for appropriate value for its growth rate. Compare to $SOFI growing 30% revenue CAGR minimum over the next two years and 38% EPS CAGR

@jcapitalgrowth @KennyZufall Because Paypal makes money and is undervalued.

@KennyZufall 100%...I don't get $PYPL. It's like this hybrid thing between Stripe and a Neobank...when more focused names actually do a better job. You want a neobank? Buy $HOOD or $SOFI. You want a payment processor? Buy $BLOCK.

@Uzwzp63636 @George_Dubs_ @EarningsMatter @PayPal Because UK pilot program showed good results, according to the last earnings report, even without advertisement for the program. They recently ran a Will Ferrell ads program specifically for the UK Paypal+. You can see it on YouTube. I hope to see even better results on Tuesday.

@ConstantinBell @George_Dubs_ @EarningsMatter @PayPal Why do you think so?

Take a look at $PYPL Does this look like a dying company to you? $4B operating profit 21 $5B operating profit 23 $6B operating profit 25 Every 2 years @PayPal is growing their operating profit by $1B.

Yes, Jesus isn't God. Jesus is God's Anointed One, the Son of Man from Daniel 7. And he's also God's Son, but not himself that God whose Son he is. So Jesus was praying to his God, whom he serves. Jesus is at the Right hand of God, but not himself in the place where only God is.

@pureMetatron If Jesus is God, who was he praying to?....himself?

Since I publicly said I’m going to raise my child Christian, people have been leaving comments that look like this. Make sure he is protestant, Catholics aren’t Christians. Make sure he is Catholic, only Catholics are Christians. And every other flavor. I’m gonna say it bluntly. If you believe Jesus is God and you believe He was resurrected, you’re a Christian. I don’t care which version. Still fits the definition. The doctrinal differences on everything else could make you right or wrong on doctrine, but you are still a Christian no matter if Orthodox, Catholic and ALL the rest. The idea of denominational exclusivity whereby ONLY your single version makes you a Christian is SATANIC and of the Devil. He wants to push people away from considering themselves Christians. The Lord wants us all to come to Him. I’m NOT willing to change my mind on this view.

@George_Dubs_ @EarningsMatter @PayPal Paypal+ will be good too

@EarningsMatter @PayPal Wait until they do a huge RIF, launch ads, and Venmo expands to 60 countries and millions more merchants this year

@jevgenijs Nobodt will. Venmo will simply make alot of money for Paypal, and boost to it's PE ratio due to growth.

Very curious about who will eventually buy it $PYPL

@aunt_t_iffa @GoodYarngrl @jimiuorio Mostly, it is non-rich people who benefit from taxes which rich people pay. Taxes are paid on the local city, state level, and federal level. If you remove the only people who pay real, significant taxes - then either the others who are left will have to pay it, or cut benefits.

@GoodYarngrl @jimiuorio Are you asking who is going to pay city taxes? People who live in the city will pay city taxes you absolute medical retard.

I think we’re making a mistake to just believe that the people who vote for these lunatics are ignorant. There’s gotta be more. I think there are many who want to burn down the whole system even if it makes their own situation worse…anger and hatred are powerful forces…thought?

@aunt_t_iffa @RobSmith16384 @jimiuorio Every Barista must now be provided with a large sized yacht!

@RobSmith16384 @jimiuorio Starbucks is actively busting unions. Nobody is getting rich of barista salary. The CEO's are parking yachts like this in literal Seattle and tell you at the same time "sorry, we can't build housing, can't support unions, too bad". Fuck right off.

@SwissKnifeInv @bobspaysubstack If they sell Venmo for 50 Billion, I'll allow it. Paypal+ will be a big deal, I think. It'll be a reason to stay as an active, loyal, Paypal customer. Can't wait to see how it did in the UK this full quarter, especially with the active Will Ferrell advertisement campaign.

That’s why the spin off works well. They can have a data sharing agreement and still enjoy all the benefits of that data but also unlock the value via cash so that they can return it to us the shareholders since they’ve done such a shit job over the past decade and now PayPal is pinched between Apple and Shopify so good luck with that.

I’ve never been that enamored with Venmo $PYPL. People have to realize the possibility it is just an app for affluent people to send money to friends, and not make assumption user base can be easily monetized whether by $PYPL or someone else.

$PYPL Dr. Mark Grether at Possible Miami Conference, with What Just Happened, Christine Russo youtu.be/HndQudELbjU?si…

@SwissKnifeInv @bobspaysubstack Maybe after a few quarters... But I'd keep it. It has a good reputation, good growth. Why give it to the competition? Only if the price is right, I guess.

@ConstantinBell @bobspaysubstack Data sharing agreement.