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Bullboard - Stock Discussion Forum Payfare Inc. PYFRF


Primary Symbol: T.PAY

Payfare Inc. is a Canada-based global financial technology company providing digital banking and instant payment solutions for the gig workforce. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. The Company operates in two principal geographical areas: Canada and United States. It provides services to gig... see more

TSX:PAY - Post Discussion

Payfare Inc. > Is this becoming a joke...
View:
Post by 1condor on Apr 11, 2024 6:32pm

Is this becoming a joke...

No doubt now we will all be able to buy PAY in the 5's as early as tomorrow. Just wow.
Comment by WillyGreen on Apr 11, 2024 6:46pm
Maybe but I'm not that concerned. This is a vendor issue. Payfare has reaffirmed guidance. Wouldn't  be surprised to see the group responsible for this mess up to be sent packing.   
Comment by 1condor on Apr 11, 2024 9:01pm
WillyGreen...I must say they are making easy for those of us who are looking for cheaper shares. Markets hate uncertainly and PAY now just gave us some more of that. It will be trading down Friday.
Comment by Hich1205 on Apr 12, 2024 8:28am
not sure it will trade down. the communication provide a certain level of certainty, even comming with a due date for Q1-2024 financials. If trading down i'll take a couple of thousands of shares, last chance to get it at cheap levels
Comment by WillyGreen on Apr 12, 2024 9:15am
There will be large offers pushing down the price at the open. Anything in the $5s will permit me to average down from $6.30.  Expect to see 170000 + of volume today. Should be fun. 
Comment by 1condor on Apr 12, 2024 11:25am
WillyGreen...a little patience and you will get your buy in the 5's. 
Comment by 1condor on Apr 12, 2024 11:24am
Hich1205...This my hunch...the stock will dip to around 5.85 and consolidate around that level until we get further guidance on this fiasco.
Comment by 1condor on Apr 12, 2024 2:08pm
So we just hit the 5.85 level as expected. The stock did deserve a slap after that latest news release. Not adding any down here as there will be lots of time to pick away between now and May.
Payfare Inc.