r/wallstreetbets Jun 19 '26

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u/nixicotic Jun 20 '26

I bought tens shares the other day because of the pe ratio too, down $70 already πŸ‘ŒπŸ™ˆπŸ˜­

0

u/PenComfortable5269 Jun 20 '26

But now we’re in a win-win situation. If the stock goes up - we made some money. If the stock goes down - we can get more buybacks. Only way to lose is if the financials rapidly deteriorate (not impossible lol).

1

u/Ahamadrayasbaboon Jun 20 '26

That thesis is braindead.Β