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Bullboard - Stock Discussion Forum 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... see more

TSX:NVEI - Post Discussion

Nuvei Corp > NVEI and American short sellers
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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 AlwaysLong683 on Dec 08, 2021 6:10pm
Nuvei decided to list on the NASDAQ and does business in the USA. If they want to play in the US sandbox, you are likely going to attract more attention from both longs and shorts, on both sides of the border, though I don't believe U.S. hedge funds are barred from shorting stocks which are only listed on the TSX......? Even if we discount the above, these things happen when you invest in ...more  
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.
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