Insane Valuation of Block Inc.

Updated
Hello, after seeing blocks p/e ratio of roughly 470, i think it is massively overvalued and i expect it to go to my target zone in the coming weeks.
May even going lower but playing it safe is better i guess.

Current correction seems a good opportunity to short it, altho still recommending stop losses.

DYOR and please leave a like =)
Trade closed: target reached
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