Paysafe Share Discussion Threads

[djbilywiz] 13/12/2016 13:11

Here is the full doc in PDF if anyone wants it...

[melody9999] 13/12/2016 13:11

On the summary. See my comments in CAPS

Paysafe Group PLC’s (PAYS LN) largest customer may represent an estimated ~50%+ of Paysafe earnings and is operating a business that appears to facilitate and engage in illegal gambling.

MAY and APPEARS

Paysafe appears to be enabling both illegal gambling and Chinese capital control evasion through alleged undisclosed related parties run by recent former executives.

FORMER EXECS

We present evidence that Paysafe’s Asian e-wallet operation, Quick Access, continued to run for ~3.5 years after Paysafe claimed to shut it down due to regulatory concerns.

?

Recent Chinese court cases may link a recent former Paysafe executive, an alleged undisclosed related party, likely customer bet365, and by implication, Paysafe itself, together in an illegal gambling ring.

FORMER EXEC, BY IMPLICATION

The language suggests there is nothing concrete here.

Has anyone done any analysis on the full report?

[callmebwana] 13/12/2016 13:10

This article is from 2014. It is an article written in the Guardian newspaper
in 2014. Cut and Paste job. Shorters closing Shorts !!
It is a Bear Raid as Wolfhound's post above. Hold your nerve as PAYS will have to issue an RNS this afternoon. Good luck to all that bought in Cheap and are making Profits. I feel sorry for the one's that had stoploss put on this share.
NT had a stop lose at £3.50 OUCH.
AIMHO.
Have a good day all.

[jamiemp] 13/12/2016 13:09

thanks for all the shares sellers, yum!

[waylander2] 13/12/2016 13:00

Are the US investors likely to drag this down on opening? or do they have more sense :-)

[burn248] 13/12/2016 13:00

The sad fact is these guys make there money by scaring pi to sell their shares cheap.A lot ordinary investors have lost a lot of money today.This should be made illegal daylight robbery springs to mind.

[qs99] 13/12/2016 12:59

don't disagree wolfhound, bonkers day for such a big company...fortunately Dennis's post alerted some of us who were on here at the time, allowed some trading to be done. Genuinely pleased as a long term holder and trader of OPAY/now PAYS for those in similar position as share price recovers to previous level!! Gla and dyor/IMO
cheers

[melody9999] 13/12/2016 12:57

the fact that the CFO took his options this morning and only sold to pay tax, thereby increasing his holding, is a comfort.

[wolfhound1] 13/12/2016 12:56

Bear raid strtegy to exit their shorts - this needs FBI investigation if there are any US investors on this board they should report it as market manipulation - as for the FCA toothless

facilitated by an "anonymous research" - this is the new world of "false news" we are hearing about - anything that someone won't put their name to is usually an outright lie !!

[breaktwister] 13/12/2016 12:53

Fake news. Took a spreadbet long @ 306

[qs99] 13/12/2016 12:48

likewise....

[kevph] 13/12/2016 12:47

From a long term holder, Dennis you're a star. Learnt a lot today. Lost some, made some. What a ride...

[s2lowner] 13/12/2016 12:47

wonder if naked trader was stopped out

[qs99] 13/12/2016 12:45

wouldn't be surprised if this ended blue now just to end a crazeeee day....

[qs99] 13/12/2016 12:44

If I ever meet Dennis I'll buy him a beer....

[juzzer100] 13/12/2016 12:42

Wonder if FD got in at 230? ;-) Phew what an hour! Too many nervous PIs here - hence Dennis posting. Guess slightly fewer now tho.

[steptoes yard] 13/12/2016 12:42

"Traders point to negative report from short seller for sudden price fall"

Just think about the thinly veiled irony in that sentence for moment. I think there should be a minutes silence at 13:00GMT for capitalism.

[qs99] 13/12/2016 12:38

looks IMO like MMs are accumulating around these levels, DYOR

[nurdin] 13/12/2016 12:36

Frustrating that I couldnt buy when the price was around 275p.Anyway managed a 3k top up at 306p....not good but better than now.

[deej4y] 13/12/2016 12:34

The company are reading through the report before making a statement

[burn248] 13/12/2016 12:32

Private investors have no chance in this cess pit. I nearly sold at 240 thankfully stopped myself.

[lomax99] 13/12/2016 12:32

A blue finish would be sweet.....