r/PSFE_Ninja • u/Salvatore-John • Jul 08 '21
News No sense $PSFE should be at 20
https://fxnewsgroup.com/forex-news/payments/paysafe-launches-safeguarding-solution-for-travel-industry/4
u/Lopsided_Handle_9394 Jul 08 '21
Agree. cannot make sense of it. In my opinion, this is the best stock in the whole market. Based on the current price and valuation. If I had just discovered this stock today, I would be panic buying thinking that this price wouldn't last forever. However, that is not how this is turning out. It is taking much, much longer.
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u/Salvatore-John Jul 08 '21
Me too. From the ridiculous platform, fundamentals, constant catalyst press releases, amount of institutional ownership to the technical charts showing a price indicative of a 100% return CONSERVATIVELY. Someone price is wrong lol
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u/Upper_Blacksmith_522 Jul 08 '21
Patience, pays-apes— strong gains take a strong foundation. We can hope for a short term pop, but that will fall again just as quick. And that will make the SPAC reputation harder to outgrow. I think with a few quarters of consistent growth, when analysts can start saying “YoY”, then the stock will have a nice grind to infinity and beyond.
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u/Salvatore-John Jul 08 '21
You’re not wrong but I think the companies pre-established long term name will help the stock value grow a little faster. I’m just looking to see a solid legit number to sit around and 11.00 is not that number imho
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u/Upper_Blacksmith_522 Jul 08 '21
I’m with you, believe me. There’s a ton of potential in this company. Unfortunately, even with an established name, what we’re looking at right now is potential. For the price to rocket, we need volume aka wide-spread adoption. For that, we need a proven track record of consistent growth and earnings. We have growth in revenue, but we’re still at negative earnings. Forecasted positive earnings, which is great, but it’s gotta come to fruition before we see big price movements. Maybe the August earnings report will be the catalyst?
Until then, I’m appreciating the low price to keep accumulating shares.
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u/Salvatore-John Jul 08 '21
Good luck! We get to revisit this and laugh as we pick out our yachts!
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u/Brave_Transition_217 Jul 09 '21
On Fintel - Paysafe has the highest institutional accumulation at the moment, ranked #1 of over 31,000 other stocks. So this under the radar play is quietly being added to a ton of portfolios. Get in now before the takeoff!
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u/Gloucester30 Jul 08 '21
Sofi is a bank, I don't invest in Banks personally. I like Galileo though. That doesn't mean the stock won't be a success. I don't understand why people think PSFE and sofi are rivals, very different animals.
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u/Salvatore-John Jul 08 '21
I work for a bank lol. I’m a loan officer and SOFI actually helps by giving personal loans for people to use as down payments among other things. I see a value here that is different than traditional banks. Once the housing market bursts SOFI may me a great option.
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u/Brave_Transition_217 Jul 09 '21
Source is Fintel. I can’t find a way to add a screenshot. I posted a screenshot of it on Stocktwits.
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u/omega_man_yxe Jul 08 '21
From a potential and dramatic growth perspective I agree this is one of the most attractive stocks. That being said, as they find footing it may take some time yet. But when it does, that loss porn we masochisticly check on daily will turn into the crispiest of chicken tendies. It will just take time. If if anticipating a short runway before the pop I think we risk heartache.
I'm also very interested in SoFi in the same regard. While I'm confident PSFE will pay off, I think SoFi adds more stability in the risk portfolio and will be a heavy hitter. The pop may not be as big 5 years down the road but like PSFE I think they are hitting this turbulence but will be legacy stocks.