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Nuvei Corp T.NVEI

Alternate Symbol(s):  NVEI

Nuvei Corporation is a fintech company. The Company provides electronic payment technology solutions to merchants and partners in North America, Europe, Middle East and Africa, Latin America and Asia-Pacific. Its solutions span the entire payments stack and include an integrated payments engine with global processing capabilities and a suite of data-driven business intelligence tools and risk management services. The Company platform provides pay-in and payout capabilities, connecting merchants with their customers in over 200 markets worldwide. Its platform supports for more than 634 alternative payment methods, and over 150 currencies. It also enables online payments, mobile payment and in-store payments. Its platform enables customers to accept payments worldwide regardless of their customers’ location, device or preferred payment method. Its technology includes gateway, currency management, global payouts, card issuing, open banking, data reporting and reconciliation tools.


TSX:NVEI - Post by User

Post by denlepon Dec 09, 2021 9:33am
251 Views
Post# 34213993

Thanks to short seller

Thanks to short sellerInstead of blaming the short seller report, you should thank them.  It gaves us the opportunity yesterday to buy share at a bargain price. can it go lower short term, yes.  But I don't care.

If you were fully invested and watch the price go down, of course it wasn't fun but if you are here for the long run it change nothnig.  What will be important is the couple of next quarters.  If they deliver growth expected, the price will be back to where it was and maybe even higher.

I remember having the same experince with Shopify in october 2017 when share price hit a high around 150$ and drop to 111$ in a week after a short attack.  Look where the rpice is now.  Andrew left (Citron) tried the same thing in 2019 and failed.

Of course sometimes short seller are right.  But not all the time.  Do your own DD

After LSPD and NVEI, I will not be surprised if the next one target of short seller is DCBO. 



 
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