Payfare Inc. PYFRF

same trading pattern again and again

[Hich1205]

As soon as the market positively react to the good news, the stock will start by taking 5-10% increase, then ...... anonymous trading joins the show and all what have been gained is lost.
I like this stock with its ridiculous valuation that leaves a lot of room for stock price improvement, the only mystery is why exec management are selling hudge volume of the stock and who the f... is behind anonymous trades that is flooding the market as soon as the stock tries to pick up

[WillyGreen]

Management under a cease trade order. 

[digital130]

First thing you should notice is that bots like accumulating stock near moving averages.  At moment PAY doing great, above 9 day simple moving average around $6.70. Market conditions do change as confidence changes.  Pay is trading at about 17 times current earnings.  Not bad, not good.  Near the top of the market volatility picks up.  It natural as bulls and bears can

[Hich1205]

Seems reasonable what you're explaining but I have some comments:  - maybe the trading pattern is due to Bots, in this case the bots are only acting on the sell side. When stock is up you can see multiple brooker involved indicating a diversified buy side, as soon as the stock is around 7.15-7.2, you'll notice the anonymous trades flooding the market and bringging down the price - PER

[1condor]

I have held stocks that had trading patterns very similiar to what PAY is experiencing lately. However eventually..and with some patience...the value will shine through and the stock will make a move much higher. I am a holder of the stock and have no plan to sell.

[WillyGreen]

It is cheap. 

[Hich1205]

The trading pattern can not last for ever, at a certain time the real value will prevail. most concerning is the management and insider trading activities, for the last 12 months as of april 2024, they have sold millions of shares   # shares sold  Chan, Hugo Hiu Fung + Kingsferry Capital Management Group Limited 2128