RE:Ray Jay & Stifel Reports on PayFareBoth analysts are very good, I agree the reports are not great but only because of the multiple being used by both analysts, they both are using a multiple well below peer group due to the fact PAY are new kids on the street, PAY reports Q1 on May 13th, revenues will be higher, active users will be much higher forcing both analysts to adjust, perhaps both analysts will also apply a proper multiple resulting in higher target prices...........PAY CEO is a Rockstar, $20+ is when I start to think of trimming my position.