Need to do some DD on this. Berkshire continues to own 10 million shares as of 9/30, reported 11/15. Next report date would be Feb. 15th. I'm a big fan of Brazilian companies, I know there's "political risk" in Brazil, kind of like China, but it's overblown IMO.
Looking at a bottom around 14-15, noticing higher lows, now just need to see prices higher than 21 for...
I remembered covering this stock last year when a follower asked me about it. Wow, the drop from its peak of over 90 dollars to current price of less than 20 dollars (70 dollars drop) is a BIG move southwards !
Fundamental wise, the company is still registering strong growth despite the inflationary pressure in its country. Technical chart wise, I think the risk...
Hi Traders,
This time I will share my thoughts about Stone.co (STNE) - which seems like very nice company ... a.k.a enhanced copy of Square in Brazil with some features and merged subcompanies (which they bought).
Fundamentally I really like the company. Also both Waren Buffet and Cathie Wood owns this stock.
But is it still overpriced ? P/E is currently...
SQ of latin america. Took major hit in last quarter due to ~700 Mn write off. Strong support. Now expecting reversal from this point.
Potential upside before major pull back is ~153%.
This might be cheap enough to finally take a nibble. 8x fcf, growing revs at 40% YoY. Everyone worried about margins compressing but demos are good and market opp is big if they can improve execution, which on a probability basis, they can. Going to start nibbling long to track & I'll add once it gets some momentum.
The stock is definitely a trap, but I'm okay...
This looks very similar to what I have seen in a few growth stocks in the past and a very highly conserved pattern known as the Livermore Cyclinder - Graphic attached.
STNE has had a very rough year, more so than many Brazilian stocks. PAGS has been choppy but is still profitable earnings wise, and seems to be in the lead. I have a position in PAGS, and I'm now looking to enter a position on STNE. Strong supports at 17.17 and 20.39; will DCA into shares slowly as I wait for a reversal candle on the daily (confirmation of buy...
One year ago I saw this company was trading at premium multiple due excellent revenue growth and it has been profitable since it is still small market cap.
today , crisis in Brazil send this stock back to where it was 1 year ago.
I think the problem is short term and able to solve.
Soon investors are going to forget what happened in the past.
Long here at market...
Hi,
StoneCo is one of them that is on the Berkshire Hatheway list. Warren Buffett's advice to be "fearful when others are greedy and greedy when others are fearful" is probably one of the world's most famous and frequently repeated investing quotes. Considering that, STNE looks promising.
StoneCo is a leading provider of payment-processing and other financial...
See chart.
Good DP buying and option flow down here. Major wave 2 down looks complete and we should see a push higher in red zone for wave 3. GL
01/21/22 60C's here
Yes, STNE is doing some good movements lately.
It broke the 64, the Bollinger Bands are showing some volatility again, but the RSI is already overbought in the 30min. This means that STNE can drop tomorrow or next week, to the 65 again.
We are gaining momentum here, and if we break the 67.79, the 77 is the next stop for us! The problem is if STNE drops to the...
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