Paysafe Share Discussion Threads

[malcolmmm] 07/12/2016 08:14

EH9 Thanks, I was stopped out of Sage the other day, will look again

[ddubzy] 07/12/2016 08:02

Barclays raises target price to 610p from 560p.......

[eh9] 07/12/2016 08:02

Sage North American processing is £157m revenues so nice enhancing deal that can be grown strongly

[malcolmmm] 07/12/2016 07:59

the more shorters the bigger the squeeze .

[pshevlin] 07/12/2016 07:56

OAM probably been shorting all along but just staying below 0.5% reporting theshold.

[pshevlin] 07/12/2016 07:54

Very interesting EH9. That would still have allowed chairmans buy as no certainty. Re CFDs, unfortunately that will not stop the thieves who are shorting PAYS. Regulators need to go much further.

[eh9] 07/12/2016 07:42

suspect this is what Paysafe is looking at

[redlee] 07/12/2016 07:38

Another shorter! what is going on

[colonelgrim] 07/12/2016 07:32

This is such good news…

“Yesterday the City regulator, the Financial Conduct Authority, launched a surprise clampdown on the firms, and in particular a type of bet called a contract for difference (CFD).”[1]

These crooked brokers will now have to find a new way to mug its punters, and should help our markets to become much steadier, no longer shall we have to endure market ‘STOP-OUT’ criminality employed by these gypsies.

It should help steady our share price as well, no more orchestrated shorting of companies by foreign organisations, brilliant.

Reference: [1]

[lomax99] 07/12/2016 07:31

Another shorter - a delayed notification, Oxford Asset Management reported a 0.5% short on 2/12/16.

[eh9] 07/12/2016 07:01

Paysafe Group Plc : Barclays raises target price to 610p from 560p

Yahooooooo!

[eh9] 07/12/2016 06:56

The non exec chair looks like he should know what he is doing with the share purchase

Dennis Jones
Non-Executive Chairman

Dennis joined the Board on 30 July 2014 as Non-Executive Chairman. Dennis has had close to 30 years' experience in payments and payment processing and has held executive roles in the UK, mainland Europe, China and the US where he was a director, President and Chief Executive Officer of RBS National Bank. Until 2012, Dennis was a non-executive director of Argus Information Services Inc. (a US provider of data analytics to payment providers across the US, Latin America and the UK) and a non-executive director of Kroger Personal Finance LLC, the financial services arm of the Kroger Corporation, the second largest US retailer. Dennis is a member of the Institution of Engineering and Technology.

[malcolmmm] 06/12/2016 23:31

Another reason why these are shorted is that there are only 2 now 3 main shorters(below)So another fund shorting is not good news to existing shorts. Also remember when the shorters loan the shares they have to sell them into the market so someone is buying them albeit at lower prices.

It must be reaching the point see below when someone or a fund may instigate a short squeeze by buying large amounts. Hopefully this will happen before long.
Anyone out there with a large amount of cash could make a fortune here imo as the price would soar.

What effect does a large short coverage have (generally) on the stock`s price? Generally, heavy buying increases the price while selling decreases it. Assuming the stocks price has been steady, or climbing, and many shorters attempt to cover their losses, how will this affect the price?

What you are referring to, in investment parlance, is a "short squeeze." When a number of short sellers all try to "cover" their short at the same time, that does indeed drive the stock up.

Our approach when shorting is therefore to avoid in general stocks that already have a fairly hefty amount of existing short sales. We try to set ourselves up so we'll never get squeezed.

I'll point out that short squeezes can be the result of better than expected earnings or some other fundamental aspects of a company's operation. They can also be the result of direct manipulation. That is, profit-seeking individuals with large amounts of cash at their disposal can look on a large short position in a stock as an invitation to start buying, driving up the share prices, thus forcing short-sellers to cover. This in turn drives up the price, and before you know it, the share price has soared!

[bennya] 06/12/2016 23:14

It may dip just below 3.50 while it takes out last of the stop losses but then expect a big bounce and back on upward trajectory into year end. Director buy today reassuring (albeit modest) but indicates fundamentals still in tact. WPG also out of favour but now on historic support line so should bounce as well, should see a nice recovery over the next couple of weeks.

[nw99] 06/12/2016 23:04

Breaking down on the chart

[pshevlin] 06/12/2016 18:56

If they are not covered they should be reported.It's illegal.

[marine boy] 06/12/2016 18:54

Watch 'Rogue Trader' and see how the big boys do it and sometimes get it wrong.

I'm trusting the shorts are covered.

[eh9] 06/12/2016 18:45

there is a fair chance one of the shorters will do the dirty on the others and start closing!

[nurdin] 06/12/2016 18:31

The odd thing is no one seems to know why the stock is being shorted..including the company.....and I thought I fully understood the market dynamics!

[pshevlin] 06/12/2016 18:27

Didn't the Naked trader set a stop loss of 350? I wonderr if they are trying to push it that far so that loads of other stop Losses would be triggered. You should never tell the enemy what your position is or they will take advantage.

[firtashia] 06/12/2016 18:16

This has now entered my target price range but I've also been watching the volumes traded. Since the last week of October, coinciding with the start of the decline in share price from about 460p, there have been relatively much larger daily volumes traded - including today- compared with September and October when only on one day did the volume traded surpass 4m. Might be an overhang; will try to wait a little while for the volumes to die down/overhang to clear. If I miss it, I miss it. Agree with Napoleon, I can't see any deterioration in fundamentals/earnings revision estimates that could be causing this.

[napoleon 14th] 06/12/2016 18:00

"The market can stay illogical longer than you can stay solvent!"
I've kept all mine on the basis of fundamentals & expect that to win.
In the meantime I'm staying well away from these manipulations even if my overall
main stake has gone below 100% profit.

Games people play............

[f1araway] 06/12/2016 17:13

SHOCKING!!!

[melf] 06/12/2016 17:00

It did seem to be the buy that precipitated the drop. Will be interesting to see whether the shorts data for this afternoon.