Paysafe Share Discussion Threads

[zcaprd7] 21/12/2016 14:36

Good time of year to do this. Thin volumes this week and next. Very sneaky...

[nurdin] 21/12/2016 13:24

Good point in your last paragraph Boadicea.Do you, or anyone else know what commission do IIs get on their loans and how it is worked out?

[lomax99] 21/12/2016 13:09

DL/Boadicea - that makes sense, we should ready ourselves for the opportunity a decent sized dip will provide. A bit of a rollercoaster perhaps, I intend to add, in increasing increments, sub £2.90 (!).

[qs99] 21/12/2016 13:03

thanks EH9, is that your "flowery" language or were you quoted "all guns blazing" TU as that is quite a statement to make!

[verger] 21/12/2016 12:50

Am I right about this: The 125,000 share purchase indicates at what level the company is prepared to buy shares. Now they can stand back and wait. As soon as shorters try to sell, the company will be in a position to buy what they sell. This will stabilise the share price and soon the shorters will give up and go away.

[sir gimli] 21/12/2016 12:44

Indeed Nurdin - and those same institutions could well buy back in early Jan pre the trading update......

[nurdin] 21/12/2016 12:35

Quite so..I mentioned as much in in one of my previous posts but got no comment.The focus on shorters, while valid, is taking attention away from the Institutional holders who, for all we know, could also be selling.

[sir gimli] 21/12/2016 12:28

We haven't considered institutional selling here yet. We've seen Kames reducing their position, possibly to book profits in pre year end, so that needs to be brought into account.

Further, other institutions may follow the same path so keep that in mind.....

[davidlloyd] 21/12/2016 12:25

Game of chess going on here....Shorters with big pockets may well attempt to take this down a lot further by more short selling (I don't see them to have closed out positions yet and there is still selling going on here), whilst the company can try to bolster price by buying. However, in the short term, PAYS could do much better just mopping up short sells at as low a price as possible to reduce shares in issue whilst minimising cost to do so...and IMO this is what is currently going on....and I therefore wouldn't be surprised if we see the share price drop quite a bit further....

On the plus side, what PAYS are doing makes closing out of shorts harder, and should shorts capitulate (which I would hope is triggered by the TU) will only serve to exaggerate rebound.

Cat and mouse, fox and hen, etc etc.

Very interesting times indeed and in my view being handled a lot better by PAYS than some of the other recent historic short raids.....
AIMHO of course....etc. etc.
DL

[melf] 21/12/2016 12:16

EH9, have you spoken to the company's IR department regarding this?

[eh9] 21/12/2016 12:09

Every single analyst reiterated or upgraded (Barclays) their price target last week after the short report rebuffing the allegations as technically incorrect. I am also led to believe there is going to be an all guns blazing update on 12th Jan which will be webcast.

[sweyn] 21/12/2016 12:04

I'm actually kind of hoping that they do manage to plunge the price again. My gut told me that I should have bought heavily last time, but I didn't quite have the balls to do it quick enough without some extra research. I have now satisfied myself that I'm comfortable investing some more.

[redlee] 21/12/2016 11:54

Not ideal that it couldn't at least create a new floor at 360

[qs99] 21/12/2016 11:04

indeed Melf.

[qs99] 21/12/2016 10:54

what was interesting was to see the brokers/city response to it, not just the company....

[jozo] 21/12/2016 10:53

My gut feeling is that if there is another spurious report there will be much less downside impact than a few weeks ago. Because it was clearly inaccurate last time belief will be much thinner on the ground.

[johnv] 21/12/2016 10:45

125000/day that's 2.5m month giving us about 19 months for complete 48m to be bought. They need to up the game to 200000 per day to reach 48m total in 12 months

[sir gimli] 21/12/2016 09:59

Thanks bodicea - understood and thanks for clearing that up ;0)

[steptoes yard] 21/12/2016 09:53

Anyone seen how many dozens of transactions it took to hoover up the 125,000? It is at the foot of the announcement. It doesn't make any difference to me but I was surprised

[boadicea] 21/12/2016 09:51

sir gimli - With AT trades, buys and sells are not what they seem; every trade is both a buy and a sell. The company 'buys' will probably (as those I checked yesterday) appear in the 'sell' column. They are the buyer of other people's sells.

[le4r] 21/12/2016 09:48

QS99 - agreed re first page of their report, that's a good point.One thought I had was that they expect a trading update 'miss' and we're trying to preempt the decline, to ensure a strong sell off when announced - but that doesn't fit with recent RNS announcements from the company... all in all v strange. Fluid36 - per Sir Gimli at 5528

[qs99] 21/12/2016 09:39

not stupid, but they must have made a pretty penny if they closed any of their shorts at the right time (i.e. £2.65 or below £3) so why when shares have reversed that trend would you fight £100m etc? Not sure I would understand that unless as you say they have something "Up their sleeve" but then why not shove that in the first 100 page report itself and get the share price to £1 and keep it there? Nope not sure I buy that train of thought either.....could be wrong but there you go just my musings....DYOR