Paysafe Share Discussion Threads

[zcaprd7] 10/1/2017 15:01

It's would help, of course, if the stop loss actually worked at the level you set it at ...

[jamesjamiebarlow] 10/1/2017 14:15

Stop losses cost me big time on this share. I had one in place when it crashed the other month. I was out at work and it whizzed passed my stop loss and sold at 280 when my stop was 330. I bought in originally at 360. By the time I got home the share had recovered big time and has gone from strength to strength since. Lost about a grand on it. Had I have not had the stop in place I would have just let it ride out and seen what happened at 280.

[schmally] 10/1/2017 13:40

polythene,

Ordinarily I don't utilise stop losses, especially at such a narrow range. However, in this case I have only introduced a stop loss until the update, just in case it includes something nasty that nobody was expecting. As investors have already been spooked badly, any "genuine" bad news tucked away in the update could be seized upon resulting another significant drop and even with the share buybacks, PAYS may find it's swimming backwards against the tide. I'll be cancelling my stop loss immediately, if the update is as positive as expected, so my stop loss should not into play and I'm confident with a solid update, the share price should hopefully continue a journey towards 500 and beyond. I've added to my holding regularly on past dips, so selling anywhere around 300+ will still bag me a significant profit, so I'm happy to adopt a pragmatic approach. I'm confident I'll still be holding for the long term.

[polythene] 10/1/2017 12:46

The shorters will have your shares for sure Scmally. Your stop loss is far too high in terms of normal fluctuation of a share price. If a number of people followed your example then a small reduction in share price would trigger stop losses and enhance any downward movement. So, either playing into shorters hands or playing the shorters hand; I don't know.

[wolfhound1] 10/1/2017 12:38

very astute observation and very well put ihatemms !

[ihatemms] 10/1/2017 11:32

You forget Schmally - the company can and will buy back the shares in the event of any sell-off - so there will be no reduction in the share price. The company has almost guaranteed the share price will only go in direction - up!

[tattooed93] 10/1/2017 11:18

maybe a deal is tomorrow


SP looking lively

[malcolmmm] 10/1/2017 11:08

These are worth 600p any day of the week taking into consideration of an 'In the pipe line' profit enhancing acquisition.

[sheep_herder] 10/1/2017 11:07

Yes, agreed, a good update on Thurs will be great.

I've been lucky here as I only came onboard after the shorting attack. I now have a 'free' guarateed stop loss protected SBet on them as I've been adding on the way up.

[schmally] 10/1/2017 11:04

Sheep_Herder - The last comment by the company was comforting and the share buyback has clearly been effective in restoring confidence and bolstering the share price. However, I'll feel far more comfortable once we have a really positive update later this week. Shorters do of course make bad calls and big losses occasionally, but it just seemed somewhat illogical to target PAYS when at face value it seems to have so much potential for a big price bounce and some long term upside momentum. Someone clearly did a good job of spooking investors because with the dodgy article, but I don't understand why did the shorters not capitalise to a greater extent when the share price plummeted? It just seems all very odd to me. Fingers crossed the update will quash any lingering concerns and then I'll be happy to watch the share price fly. Hedging my bets with a new amended stop loss of £3.70 just in case of a more downbeat update than expected.

[heliweli] 10/1/2017 11:01

WTF. Lift off.

[jovi1] 10/1/2017 10:55

Schmally

Having stop loss hardly ever work well.
If share of any company drop in 1 hour 40# the likelihood that the stop loss work at your limit is slim
More likely you will find your share sold somewhere near the bottom just before the bounce back.
If your are worried sell some and diversify
4 of my friend had stop loss at 345 but the stock don't get sold until 281 and by the time (just few minutes ) they buy back they payed 301
My view this is worth 450 excluding China business that I don't value at all as too many unknowns and will be a bonus until it last
In any case good luck

[vantare7] 10/1/2017 10:50

Barclays have reiterated at 610 so we now have 2 Brokers tips

[trentendboy] 10/1/2017 10:42

This does look like a bear squeeze. Are they really going to keep thowing money at shorting this or throw in the towell and buy back all that loaned stock.

Could get back to 420 in a realtively short time

[malcolmmm] 10/1/2017 10:37

Good rise this morning, could this be the beginnings of a bear squeeze?

[sheep_herder] 10/1/2017 10:32

schmally - I'd be nervous too but... Just look at the statement made by the company following the attack and the share buyback. That should be all you need to care about.

[tattooed93] 10/1/2017 10:29

450p coming soon

[tattooed93] 10/1/2017 10:28

Bouncetastic

[schmally] 10/1/2017 10:15

I'm a newbie poster, but have been following this thread for a while now, as Pays constitutes almost 10% of my total SIPP holding and is my biggest individual share holding.

I've been holding PAYS for almost 3 years now and still have massive optimism for the long term. However, despite all the fundamentals suggesting the company is undervalued, all the potential for growth and all the positive messages from the company, I still can't help feeling nervous about the Shorters continuing to lurk in the background.

I'm not used to holding shares where the price has been so aggressively distorted by shorters operating so unscrupulously, so I can't shed the nagging feeling that they may genuinely know something that we don't, which makes me nervous ahead of the forthcoming update.

I'm not one for utilising stop losses very often, as I generally look to hold for the long term and don't often get spooked by volatility if the fundamentals remain strong. However, I've now introduced a stop loss at £3.60 to lock in recent gains just in case the update is unexpectedly disappointing or if something worrying is disclosed.

There is nothing to suggest there is any reason for concern, but the online gaming markets will always hold some additional risks.

[nurdin] 10/1/2017 09:30

Tempus..after covering the recent events he says


The group had a strong first half in 2016, with revenues rising 118 per cent to $486.7 million and statutory pre-tax profits reaching $74.6 million, up from $4.6 million in 2015. It will release a trading update for the full year on Thursday.

The shares faltered at the end of last year, tumbling from 469p to just north of 300p between October and that fateful December day. They finished yesterday at 381 p, up 2¾p, and with ambitious plans for the year ahead their climb may continue.

[boadicea] 10/1/2017 09:24

Digressing slightly, but I find the buying operation through BMO has some interesting features. The first is the large number of markets that deal in PAYS shares - about 6 in all.
Second is that one of them is denoted "Bats Europe - Cxe Dark Order Book". (There is also plain "Bats Europe - Cxe Order Book".) So what is a 'Dark' order book?
I then noted they bought 888 shares on 4th Jan in 10 lots.
It conjures up visions of a Chinese triad at work!

[connor23] 10/1/2017 09:21

Will try and add later but nothing particularly interesting to be honest. Just someone spotting the value here and mentioning Thurs update.

[tsmith2] 10/1/2017 09:17

have you got wording?

[connor23] 10/1/2017 08:41

Tempus buy rec today. Agrees more value to be had after recent weakness.