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Bullboard - Stock Discussion Forum Nuvei Corp T.NVEI

Nuvei Corporation is a Canadian fintech company accelerating the business of clients around the world. Its modular, flexible and scalable technology allows companies to accept payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in over 200 markets, with local acquiring in 50 markets, 150... see more

TSX:NVEI - Post Discussion

Nuvei Corp > Maybe spruce point
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Post by Duster340 on Dec 09, 2021 3:59pm

Maybe spruce point

doubled down on there shorts when the stock hit $84
Comment by 1condor on Dec 10, 2021 10:06am
Looks like the stock has found its happy place around the mid 70's. Dont believe any analysts with their lofty targets as they did they same with LSPD...and that stock still continues to languish at 52 week lows. Best case.. do some trades with any of the brief pops to around 83 bucks. 
Comment by Bookworm28 on Dec 10, 2021 10:58am
Good advice. Just read comments on BNN from several analysts. One comment, about how decisively clearing/defending the criticisms would go a long way. For sure. Until then, the doubts are out there. Best case, like you mention, is trading here and there. A bit risky. I almost jumped on at $79, hoping to make a buck of two. It's currently (8:58AM), and it's trading at $75.12. GLTA.
Comment by 1condor on Dec 10, 2021 11:23am
Will management buy some shares on this weakness?? That would inspire confidence and likely provide further support for the stock. 
Comment by Bookworm28 on Dec 10, 2021 11:40am
I doubt it. They're probably way too busy answering questions from customers, investors, and analysts, to buy a few thousand shares in the market. They'd get better mileage out of refuting specific criticisms in the report. That might be a challenge. Can't really fudge your educational creds. Then again, that might be an easy one to refute. Any way you slice it, lots of volatility ...more  
Comment by ozkan123 on Dec 10, 2021 12:37pm
you're right about being tackling the report than afew shares purchased, but it could be a token gesture.  And hopefully the $4 to $5 move, with each news, is in a upwardly move
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