Paytm stock - Buy or not?
Now that U.S. stock has corrected so much, is it a good time to buy paytm?
High valuation right from start. Smart exit by early investors before the crash. Now only MFs and retail investors are holding the baggage. Soon MFs might reduce exposure and the individual investors might be the one holding it. I did not get into this hype because I see no viable business model in them that justifies their pricing.
All valid arguments. Thanks
Dont try to catch falling knife
Please show your fair value price for paytm if think it has "corrected" now
They are a big financial institution, second only to SBI. They are well connected to the BJP, so it should make monies, plus it’s election time 😌. I’m waiting for Adani brothers to invest in them and take it to the moon.
Note: I have bought 20 shares in PayTm and I don’t intend to buy more as they have governance issues but I’m sure they’ll stick around post February.
Buy if you think you will make money
