If the Russell 2000 (IWM) or the regional bank index (KRE) increases by 10%, PayPal's stock (PYPL) is predicted to rise by 30-40% in the same period, whenever the market becomes more 'risk-on'.
"if all the Russell goes up 10% I wouldn't be surprised if PayPal over that time goes up 30% or 40% or something like that same thing with the K if the K goes up 10% I wouldn't be surprised if all in PayPal's up 30 or 40% in that amount of time"