I am following the current situation at PayPal $PYPL. The company still works, huge amounts of money still flow through it, but the stock has shown for several years that the market simply does not trust it much.

Now a possible acquisition was also discussed. Stripe together with Advent International reportedly offered about $60.50 per share, but PayPal reportedly considered it too little. When it later emerged that the deal would most likely fall through, the stock dropped by more than 15% over the last 5 days.

And that is exactly what I find interesting. Not that PayPal is a falling apart company. Venmo is growing, payment volume too, it is just that the main business is no longer as interesting as it used to be and competition is much greater.

In my opinion, the main question with PayPal is quite simple now: is the company really as bad as its chart looks, or are expectations already so low that it would take little for a bigger turnaround?

Do any of you hold PayPal in your portfolio? And how do you view it today?