Payfare Inc. T.PAY

Alternate Symbol(s): PYFRF

Payfare Inc. is a Canada-based global financial technology company providing digital banking and instant payment solutions for the gig workforce. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. The Company operates in two principal geographical areas: Canada and United States. It provides services to gig workers and businesses. It provides 1099 and contract workers with instant access to their earnings and a digital banking service. The Company offers a full application programming interface suite and a turn-key private label solution. It provides multiple worker payout options, like on-demand or automatically each day or after each task, shift or sale. It provides services to various workforces, such as trades and construction, hospitality, rideshare, healthcare, home services, creators, trucking and freelance. Its subsidiaries include Payfare International Inc. and Payfare Mexico Inc. S.A. de C.V.

TSX:PAY - Post by User

Payfare Inc. > Short Positions - https://ceo.ca/pay

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Comment by jrmktxplr2015on Nov 05, 2021 6:30am

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Post# 34090585

RE:RE:RE:RE:Short Positions - https://ceo.ca/pay

Volume is so low, it just drips a bit lower each day, hard to watch.

We need positive news and a few green days in a row like Galaxy Digital - take a look at the last month over there.

Good luck - bids in the lows 8s for me.

cananon wrote: I agree, shorting a low liquidity stock is a double-edged sword. Easy to manipulate down but could also hurt them enormously if short squeezed

anon90 wrote: Short positions and good news such as earnings or contracts are great for long holders, I suspect its a quant fund that has put on the short to hedge out a long position of a similiar stock within the sector. Can't wait to watch them chase after it when they realise it wasn't as corelated as they thought.