Paysafe Share Discussion Threads

[lomax99] 22/12/2016 16:01

Short notifications are updated, no change since yesterday's total i.e. 5.38%

[malcolmmm] 22/12/2016 15:57

There is a Santa Claus after all, all my stocks have gone up . ho ho ho

[qs99] 22/12/2016 15:50

finally dare I say it, seems to be trying hard to break out of this current - recently reduced - range! gla DYOR

[sheep_herder] 22/12/2016 15:34

wolfhound - surely the whole point of shorting is to flood the market with shares, i.e. sell them to the MM's who have to lower the bid price. If you sell from fund A to fund B, who cares, the MM's haven't got an excess of shares.

[verger] 22/12/2016 15:29

So, XM+AS=CHE2+RS. Makes sense to me.

[nurdin] 22/12/2016 15:00

My head hurts.

[wolfhound1] 22/12/2016 14:52

@lomax99 - I am suggesting they have already closed their shorts in reality.

It would be very easy to set up a fund "B" which then buys the shares and is technically "independent" - you then fold the longs into the shorts ( Fund "A") and hey presto you are flat.

the reporting of course gives a very different impression - that shorts still exist

Fund "A" - short X% ( note all are below 3%)
Fund "B" - long.....anything up to 3% does not need to be publicly disclosed.

I could make Fund A independent from Fund B by Introducing a Mr X investor for $10,000 and have a seperate fund Board - and possibly even a different fund domicile ( one Cayman one BVI).

Both Fund A & Fund B could be managed by the same Investment Manager - Company Y.

Therefore do not believe all that you read ....the shorts may already be closed.

[ggbarabajagal] 22/12/2016 13:53

Online spending will top £13bn for the first time this Christmas, according to Sage Pay.

Sage Pay says the rise – equivalent to an 18% boost on last year’s spending of £11bn, as monitored by Sage Pay data – will come as Britons already start to look online ahead of Christmas spending – 2.7bn eBay searches using the term ‘ChristmasR17; were expected in August – and in a year that IMRG has forecast online retail will grow by 17%.

But the payment processing company warns that small and medium-sized retailers who have yet to move online will miss out on almost £88bn* in festive spending because they do not have an internet presence. At the moment, it says, only 10% of the UK’s small and medium sized businesses are online – and those who fail to join them could find that costly.

“With record online spending predicted for Christmas 2014, it’s never been more important for small businesses to be online,” said Simon Black, chief executive of Sage Pay. “Most larger retailers are already preparing themselves for Christmas, and if independent merchants want to capitalise on consumers’ confidence, they need to follow suit and begin preparing too.”

He said preparations should start by making sure website and payments systems were optimised ahead of Cyber Monday, in recent years the peak online trading day in the run up to Christmas and which this year is expected to fall on December 1.



Pays be processing a load of them

[heliweli] 22/12/2016 13:50

Trying to breakout.

[rubberbullets] 22/12/2016 13:38

One of Evening Standard writer's pick for 2017.

[lomax99] 22/12/2016 13:33

Wolfhound - if the trajectory of the share price is genuinely moving in the direction of analysts expectations over a period (i.e. significantly up), why would they not be closing their shorts? (albeit in a measured manner, to try and avoid too sharp a spike).

[eh9] 22/12/2016 13:16

"Paysafe’s recovery continued to scare off the bears as more short-sellers trimmed their bets against the digital payments firm after last week’s short attack. Hedge funds AEK (UK) and Public Equity Partners Management lowered their shorts. Last week, London-based fund Sand Grove closed its short position on the day Spotlight Research, the anonymous short-seller, issued its critical report that caused the shares to crash as much as 30%. Today they edged up 2.7p to 349.5p."

[wolfhound1] 22/12/2016 12:50

I wonder how much the funds are truly short at this stage - my guess is that in reality alot of the buying has already been done to cover the shorts via "independent" fund vehicles on the 13th/14th - this is just window dressing so they keep pi's in the dark as to how they truly operate.

[eh9] 22/12/2016 10:51

17% of the shorts have now closed: sand grove 0.72% and aek 0.25%

[shanksaj] 22/12/2016 10:49

And even more importantly(?), and completely off topic:-



Not bad for a school Christmas event, especially when the school is Special Needs only.

[malcolmmm] 22/12/2016 10:47

Shorters must find it difficult to buy back as PAYS is doing the same thing and hopefully spooked investors will regain confidence

[alexytrader] 22/12/2016 10:23

More importantly the shorts are reducing since 13th Dec, PEP DOWN 0.2% as example, was 2.12% on 1st Dec

[callmebwana] 22/12/2016 10:15

Short Info from shorttracker.co.uk
AEK 2.88% Down 0.25% Change on the 19th.
OAM 0.60% Up 0.10% Change on the 16th.
PEP 1.90% Up 0.01% Change on the 20th.
Total Shorts. 5.38%.
Thanks all for the good informative posts above.
GLA.

[scooper72] 22/12/2016 10:07

sheep_herder & tsmith2 - many thnx for the education & tips

[sheep_herder] 22/12/2016 09:54

scooper, a good safe starting point is to only have a max of 5 bets open and the size of the bet should be such that a 50% move in the share price would only take out 20% of your bankroll at any one time. As the bankroll grows or shinks you need to adjust your bet size. It's all about the swings.

[tsmith2] 22/12/2016 09:39

This and IG v good plays for Jan and Beyond.$100mm for buy backs is seriously impressive firepower

[scooper72] 22/12/2016 09:39

Sheep-herder: I bought £5k in my SIPP (tax deductable) for a long term hold rather than the IG as if the price goes down short term I still have the shares to hold - less stressful. But on the IG a/c I think like you say I need to learn a bit more about money management and taking the profits when I have them and putting in stop losses etc.

[shanksaj] 22/12/2016 09:35

My understanding is the debt will be paid off by end of 2017; at least, that was the talk before the share buy back scheme was announced.

[lomax99] 22/12/2016 09:23

Can't see any prospect of a dividend yielding 5.5 - 6% anytime soon, if there is one it will be far more modest (c. 1%). Would rather they focused on a combination of paying down debt/earnings enhancing/risk profile reducing M&A.

[sheep_herder] 22/12/2016 09:20

If it wiped out your balance then you were bettng too big. I used to play limit poker and the first thing you're taught is about bankroll management, i.e. how to maintain a large enough cash pile to ride out the swings. Pretty simple stuff.

Edit: another approach would be to not use leverage. Why did you buy 5K of shares instead of depositing 1K and betting 50/pt and putting the other 4K aside? Tax free gains if the price rises.