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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 1condoron Nov 13, 2023 11:41am
118 Views
Post# 35732047

RE:Manipulation?

RE:Manipulation?jojalaser..I have a couple other stocks that trade similiar to PAY. A lot of traders will pile in before earnings and then sell on the news. Many knew PAY was going to have good earnings so the bet was a good one that it would run into earnings (and it did)...we are now in the sell off side of that trade. Problem is we dont know how low it will dip (all the way back down to 4 bucks?? who knows). Best for PAY to get on with issuing that NCIB and buy up some cheap shares. I am very tempted to nibble here below 5.
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