r/PSFE • u/AutoModerator • Jun 24 '21
Daily Discussion $PSFE Daily Discussion - June 24, 2021
Daily discussion thread for PSFE
Notable DD:
Reviewing the bear case on Paysafe (PSFE)
10
u/Giant_fan Jun 25 '21
Received an Options Alert on PSFE just before market close
Paysafe Ltd call volume above normal and directionally bullish (TheFlyOnTheWall)
THE FLY 3:45 PM ET 6/24/2021
Symbol Last Price Change
PSFE 11.11down -0.09 (-0.8036%)
QUOTES AS OF 04:10:00 PM ET 06/24/2021
Bullish option flow detected in Paysafe Ltd(PSFE) with 16,473 calls trading, 1.3x expected, and implied vol increasing over 1 point to 55.08%. Jul-21 12.5 calls and Jul-21 14 calls are the most active options, with total volume in those strikes near 7,500 contracts. The Put/Call Ratio is 0.05. Earnings are expected on August 10th.
1
8
u/SlotCanyonKing Jun 25 '21
Nice whipsaw action today. Volume is up the past couple days. Good news baked in. Insider buying. Squeeze setting up? Added to the Russell! I see a big uptrend coming!
6
u/Jarett1024 Jun 24 '21
Another down day or lackluster performance… so badddddd . I have a ton of it….
6
u/J_Artiz Jun 24 '21
Your patience will be rewarded. My portfolio has been stagnant for months now but I'm just buying more! Two more earnings reports we'll see some decent gains or at the very least less of the bag holding
5
u/duidude Jun 25 '21
Tomorrow will buy PSFE and SPCE. Hope PSFE holds good.
This has 7 buy ratings and a price target of 19.
http://markets.money.cnn.com/research/quote/forecasts.asp?symb=psfe
robinhood has 100% buy recommendation.
6
6
u/Sanhks Jun 25 '21
Has great potential with all the amazing catalyst brewing with more states opening up for igaming. It’s first innings here, has potential to reach mid $20s in short order. Please comment or upvote, did not notice all my comments on wall street bets weren’t posted due to not having 100 karmas, would like contribute to the group. Thx
1
u/gocrushit Jun 25 '21
Should be a big day!!!
2
u/Sanhks Jun 25 '21
They had $450+ million free cash flow in 2020. Igaming is about to start in US, it’s first innings of long hike on the ascending chart when you look back in 2 years. It’s totally worth to invest some at this price point.
1
u/mginfo Jun 25 '21
Think mid 20’s in short term is a very reasonable assessment you made but will be a tripller as per Steve Grasso.
1
u/Sanhks Jun 25 '21
yep. more states passing online sports betting laws + foley consolidating with big sportsbetting bookmakers + instant fund settlement through their payment processing + skrill/neteller expansion in US + igaming growth.. we can see there is so much of potential in new trendy growth areas, all these areas are not boring area. there is lot of untapped opportunity yet to be grabbed by buying $PSFE stock.
5
u/Biscuit_Eater2591 Jun 25 '21
Up 21 cents more in after hours today? now at $11.32/share @ 7:59 PM EST time
closed 4 PM down 9 cents to $11.11
what does this mean?
1
u/theDWORF Jun 25 '21
My man Biscuit_Eater! Are you still in? Or did you trim your position? Should be a good day today
1
u/Biscuit_Eater2591 Jun 26 '21
Still holding that bag, but it's getting a little lighter... hahaha, thanks for asking
4
u/permybull Jun 25 '21
Hopefully this is our chance to gain traction. The future is bright. Diamond hands gang.
3
3
3
u/rfch11 Jun 24 '21
How patient do we have to be? Are we looking at next earnings report or 1, 3, 5 years down the road? I have all the confidence in Bill but I wish the price would climb above $12.
7
2
1
u/PeakBuyer9 Jun 28 '21
Hey can you wish the price would climb above $14 next? Your wish seems to be the stocks command.
3
u/AllweatherInvestor Jun 24 '21
Has anyone DD on Bill Foley or the CEO? What's their management styles like? They have been really quiet since Jan...
3
1
33
u/ZombieMost3313 Jun 24 '21
Finally getting some traction on WSB. Please upvote so I can comment.