Posted on 05/14/2022 6:49:32 AM PDT by big bad easter bunny
Dear president of Paypal I own 45 shares and the stock value has dropped almost 6K, besides ending the relationship with Ebay, you idiots are canceling services with right wing companies, which none have broken any laws. You have cut them off for woke reasons only! This is total mismanagement, you have an obligation to do whats best for the corporation and shareholders not an absurd agenda of the WOKE.
So I need some guidance president of Paypal, are you going to continue this stupid WOKE agenda and end more legitimate customers, while also pissing off those who just use Paypal? Are you going to reverse this trend or keep on going? I deserve to know if you are going to do proper corporate governance of just going to keep on woking?
For this reason, I stopped using PayPal.
Shareholders should get together and sue.
Are you actually trying to communicate with Paypal?
Get a ouija board, a gypsy and a floating trumpet.
Yep
You already know the answers.
Yeah, boycotts really work...just look at Target stock, which has tripled in value since the “Bathroom boycotts” started in 2016.
Can shareholders meaningfully demand and secure accountability for woke or other policies that a corporation undertake that devalue the stock? I’m guessing no. Your only recourse is to stick around for the ride, hope the stock will rebound (as apparently occured with Target stock), else sell for loss and move one. Short of buying a controlling interest in a company, I don’t see how we have effective and meaningful input.
Paypal is now sending out emails about deals with other companies where you’ll get a discount if you use Paypal. I could see that backfiring where non-Paypal using costumers ask the online retailers “where’s my discount?”
PayPal Mgmt is not acting in a “fiduciary capacity”.
you have an obligation to do whats best for the corporation and shareholders not an absurd agenda of the WOKE.
Customers are not on the important list either.............
I can’t use Paypal on ebay now????!!!! And here I thought I wouldn’t start drinking until this afternoon.
Shareholders could sue the Board for breach of fiduciary duty but that does take money which the average shareholder doesn’t have. That’s why Twitter HAD to listen to Elon, though it looks like that deal isn’t going to happen.
I quit Paypal and sold their stock. Too woke for me.
This is when short selling can help get bad management out. I would encourage you to read up on how this works if your serious.
https://fortune.com/longform/short-selling-stock-market-bets-hindenburg-viceroy-muddy-waters/
Meanwhile they’re raising their rates on nonprofits, and raising the fee for instant withdrawals from 1% to 1.75%. There are enough competitors where I don’t need their crap. They can bite me.
Ebay once owned Paypal, I think for 3 years the payouts were sent via Paypal, now its direct deposit. I was referring to the selling side.
You are a bad easter bunny because now my head hurts.
the bunny hurt your head?
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