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Payfare Inc T.PAY

Alternate Symbol(s):  PYFRF

Payfare Inc. is a Canada-based international Earned Wage Access company powering instant access to earnings through a digital banking platform for the workforce. It partners with e-commerce marketplaces, payroll platforms and employers to provide financial security and inclusion for all workers. It partners with platforms and marketplaces, such as Uber, Lyft and DoorDash. It provides services to gig workers and businesses. The Company operates in two geographical areas: Canada and USA. It provides 1099 and contract workers with instant access to their earnings and a digital banking service. It 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 of all sizes, including trades and construction, hospitality, rideshare, healthcare, home services, creators, trucking and freelance.


TSX:PAY - Post by User

Comment by cananonon Nov 02, 2021 2:21am
88 Views
Post# 34075973

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

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

 


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