Verified Investing on $FISV (Nov 3, 2026)
FISV broke out with an earnings gap after a long beatdown; the speaker is not buying at these levels after the move from $44 on October 5th to $57 now, and would not short it given squeeze potential in beaten-down stocks; a retracement to the breakout level would be his viable opportunity.
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Uh looking at FISV, this is a smaller company, but getting a boost on earnings. Take a look at the long beatdown that this stock has seen and going into earnings. Almost like someone knew something here.
The stock had broken out today. Gapping up. Would I short this? This is I I hate shorting stocks that have been beaten up for so long because there's usually so much pent up energy potentially for a squeeze.
As a day trade, I would consider maybe 6280, but again, very unlikely I'll actually take it as again these beaten down ones can really I mean, look at the size of these gaps here.
Just incredible gaps that this could get back to. Now, would I buy it up here? No. I mean, the stock was on October 2nd, literally uh actually on October 5th, less than a month ago, it was 44 bucks.
It's $57 now. So, I'm not chasing this either. But what I would do is now we have the breakout. If it retraced back down to the scene of the crime, that's the viable opportunity for me as a disciplined trader and investor.