Post by
arty624 on Dec 08, 2021 4:39pm
NVEI and American short sellers
How many times do we have to put up with American short sellers coming into the Canada market with damaging stories that drive down the value of companies that turn out to be perfectly solid after the dust settles and the short sellers are done plundering. I saw this happen to EIF, which has now completely recovered. It even happened years ago to Fairfax (FFH). It's criminal and needs to end. The American masters of disinformation need to be stopped from pillaging and plundering our companies while they line their pockets. It disgusts me.
Comment by
TheeRook on Dec 08, 2021 4:43pm
Nuvei wanted to play with the big biys. Better put big boy pants on. Otherwise need diapers. NUVEI ANNOUNCES CLOSING OF US $ 424,833,000 INITIAL PUBLIC OFFERING IN THE UNITED STATES TSX listing is only a secondary listing .
Comment by
arty624 on Dec 08, 2021 5:44pm
I think you need a spell checker and to change your own adult diapers....
Comment by
PappyGallo on Dec 08, 2021 4:46pm
The problem is how do you stop these firms from doing it. Especially when the company is traded on the US Exchange. My fear is that the only thing that can be done is for the company to immediately address the report with facts against the short seller. I agree that these Short Sellers do damage to everyday honest people who are playing by the rules.
Comment by
TheeRook on Dec 08, 2021 4:58pm
U need to look at the financial 3Q 9 months 64 cents / share . Full year maybe a $1 /sh Nov 9 $150 sp. PE 150 !! Growth is slowing Financials do not support that $150 price Shorts are only going after what looks like are overvalued Stocks. Same as longs buy stocks that they think are undervalued.
Comment by
1condor on Dec 08, 2021 7:53pm
It will be interesting to see where the stock goes over the next couple days....Spruce Point had a "long term" target of 40 to 60 percent lower, yet the stock hit that range within an hour after the market open this morning and hung in that range most of the day. This begs the question...Is Spruce Points work already done here?
Comment by
Form001 on Dec 08, 2021 8:34pm
Citron research, another shorter in USA bought shares of NUVEI today.
Comment by
argon12 on Dec 08, 2021 8:45pm
We need the CEO of NVEI to step up and buy $5 million of stock tomorrow Just like the CEO of DOCU did after the drop. That would get the stock back where it belongs. LSPD ceo didn't do this and that's why that stock is still fu$ked!
Comment by
hemi3tc on Dec 08, 2021 9:56pm
Nvei Ceo recently was a seller. check the insider reports.