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RE: PayPal announces 7 billion dollar profits and the stock price drops; market manipulation? Say it ain’t so Joe.

in LeoFinance2 years ago

One of the major things that caused the stock price to go up was the huge expected user count. They made a sign up initiative and gave money for more accounts. Obviously it added to the numbers and stock holders were happy but when they looked at the accounts afterwards, there were fake accounts added. Removing those accounts means that their original expected user count can no longer be kept.

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So they pumped expectations and failed to deliver?

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Pumped expectations in the past because a campaign was working. After reviewing things and finding a bunch of fake accounts, they believe the goal is no longer possible.

So I guess you can say so.

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