$0.02 (0.53%) Today
52 Week High
52 Week Low
7 Days Mentions
Look out for the Fintech sector. Many stocks in this sector are beaten down to a mere x2 yearly revenue. PSFE and STNE are good examples... While you have plenty of garbage in EV, Solar, BTC mining trading at x100-1000+ revenue per year. This is gonna reverse. This is how the game is played.
The play for the week is the Fintech sector which has nearly all stocks beaten down to a mere x2 revenue. These are market cycles that will reverse. Sectors like EV and Solar and BTC mining will be sent back to reality. The play of the week is PSFE and STNE
PSFE absolutely cucked. What's good? Is this a thicc buying opportunity? Bullish rsi divergence forming on daily chart. I honestly don't know anything about paysafe so if one of you retards could weigh in here that would be sweet. There could be tendies to be made here
I’ve definitely underestimated plays. Right entry point just assume they’ll get diluted: $PROG (Entry: $1.20) $UPH (Entry: $1.73) both could continue GLTA in them. $CSPR and $GRNQ went up 100% overnight. $TALK will be a double overnight as well. $SDC is a good long. $WISH and $PSFE buys around $2-3.
Had a long think this morning. My plan is to sit just in $SDC 🤏🍆🏌️ almost 100% positive next year we see $26 that’s the bailout price before warrant redemption and I think by then $PSFE is $2 will buy for the delisting and privatization and sit it’ll prob go at $7 per share.
$PSFE - this is like full blown scam where people get in for a swing get stuck with a bag for years they halt trading so unable to escape. I think everyone who’s in rn could get hit on a halted drop to $2 fuck hate to say that. Please be careful. It’s following LSE drops which went to pennies 😩😩😩😩
$PSFE - got to be honest here after researching thoroughly nothings convinced me that it’s not going to go like UK - delisting. It’s a great stock off partnerships but the float is too big and someone’s manipulating it. I’ve never seen anything like it - torn on this. Does anyone have any thoughts?
I may write up something on PSFE. Still an arms length away. But today looked really juicy. Overreaction? Warranted? Here’s an interesting data point: 72m short volume. NOT shorts, but volume, crazy. Did PayPal short it? 😂 FYI the total volume combined for last two month is barely 72m. Perspective.
**My largest dollar amount winners:** NVDA....invested $7641 (201 shares), worth $54,229 TSLA....invested $6900 (50 shares), worth $52480 **My largest dollar amount losers which also happen to be my 2nd & 4th largest dollar amounts invested (ugh!):** PLTR....invested $13,862 (400 shares), worth $6404 PSFE....invested $9189 (550 shares), worth $2068 **My other winners** AAPL....invested $12,421 (100 shares), worth $17, 415 FB...invested $3360 (51 shares), worth $16,926 MSFT....invested $9296 (50 shares), worth $15,680 CRM....invested $6,698 (48 shares), worth $11,100 SQ....invested $2100 (56 shares), worth $7464 I own 11 other stocks of which 8-9 are losers (about $28K worth of unrealized losses)
I don‘t disagree, but I believe there‘s a possibility that at least some small caps will find a floor when SPY is still correcting. Some are trading at 1-3x PS ratio already. Look at PSFE. It might be done (til next earnings lol). Others such as DNA or MTTR are far from it (not that they should be at these levels, given grwoth).
BB and CLNE 🙃🙃 bb is just a matter of time before i make a profit off of but i rly have accepted the fact that i might be holding clne until i have grandchildren also PSFE, but i got in on that when it was like at $4.20 so as long as it doesnt D-List i should be fine
Yes i see he recommended PSFE at around 11$, I don't really know what the outlook was like back then but i must admit at the price today i myself hold a position. I think the company is oversold, and it is a good play for a small% of a portfolio. (For me 0.5% of my portfolio @4$) But the problem today is people try to push their stocks with long DD's that actually don't say anything relevant, pump and dump season i guess.
Yeah, sadly I did not have GME. The CLOV cult however had super cheap FDs, AMC was a fuck it maybe play w/ reasonable prices and I’ve had/been averaging down on PSFE 1/21s for awhile now. Considering where I first bought and where I’m at now it’s a damn miracle with potential to make money instead of just break even. The ol Cramer curse might fuck those though, saw he was all for PSFE tonight.
Eh I disagree pretty strongly. Would take quite the write up for me to discuss why, but I actually believe the majority of good fintech related companies are undervalued right now. SOFI, AFRM, PYPL, PSFE, SQ. I expect good years from all of them.
Astroturfing is when shady characters buy Reddit accounts and then make a bunch of BS posts and comments to promote a stock. Examples are PLTR, PSFE, GEE EMMM EEE (after the initial pump in January), NIO, any stock with DD on WSB.
Honestly this year wasn't bad for me financially, make a bunch of cash on GME and only blew a few thousand of it on Canadian weed stocks, PSFE and BB. All in all not too bad. Does anyone have an accountant they can recommend?
True with UWMC, collected $150 worth of dividends for the 3 quarters and a few more CC's but since that massive price drop and now that they've gone to weeklies, I haven't tried to sell any more premium. Same thing with the premium on PSFE, nothing since their drop and they're weeklies now also. Honestly thoughts at this point, is they get bought up... But they're still both free rides for now, and yes possible next year harvest LOL
Look at the positive side at least UWMC pays a dividend so your getting something. It's cash flow positive and you know the next rate cutting cycle it will come back. PSFE could be a rougher ride. Worst comes to worst harvest that lose without and outsized gain somewhere else next year and file it under can't win them all...
I have a few positions I'm carrying over also and didn't count those, but I've either maintained a decent average relative to current price action on 9 warrant holdings or they're what I call "free" shares (remnants of previous positions that I only sold out original investment on pre-merger). The sad part is, unfortunately my "free" shares positions are both beat down well past when I should have just taken my profits... Those 2 positions are: BFT/PSFE & GHIV/UWMC @ 500 shares each, just ouch!
This take is dumb as hell. Plenty of experienced people held because they thought it would go up. It didn’t (at least not yet). But neither did PL, DNA, MVST, BARK, KPLT, PSFE and countless other deSPACS that had reasonable bull cases that didn’t pan out. We’ve had a lot of SPACs theses that didn’t work, this is no different from the rest of them. Get out of here with your high horse BS.
I cut my losses in ZG because they down know how to use their capital and PSFE because of mediocre growth for a supposed growth stock. They beat me up pretty good. I still have high growth that’s getting slaughtered, but I have higher conviction for those and won’t be selling.
1. Just because you own stock that's down 35%, doesn't mean it cant go lower so cut losses. (Held PSFE theough earnings, ouch) 2. Dont push off purchasing plays last minute because you're having a good round of golf. (I had an alarm set to buy docusign puts before er but was busy admiring my approach shot.) 3. Just because you made a big play doesn't meysn you need to make more the same day. Take a day or two off. (Went up big on PTON puts then went on a spending spree on SPY and other weeklies) 4. Never do government legislation news as a play. (Aphria and CLF) 5. Dont always go for the 200%s. Was quite a long year.
What are your tax loss harvesting mea culpas? I dumped MVST, BODY, TPGY. Oof, what was I thinking with those. PTRA was the other POS I had but got warrant called on those a while back. Still bag holding PSFE, BARK, and AVPT because wash sale and couldn't resist the recent dips within the dips. Cue Elmo coke meme.