Payfare Inc T.PAY

Doing the Nestea Plunge !?

[URABagholder]

not sure if i should be happy to pick up more shares or sad... light volume though.... seems like someone who is happy to get any price he can... yikes 6.75

[cananon]

My guess is pre-IPO investors selling?

[Urbani]

Could be still selling from pre-IPO people.. I am one of those people waited a long time... but each to thier own... I have bought more in the $5's and $4's and $6's and $7's .... It is a short term and longer term play... if market goes south PAY may for a bit, but as long as the economy keeps picking up over the next Year .. PAY is a BIG winner... So why sell at these prices ?

[cananon]

pre-ipo folks probably have cost below $3 so makes sense for some to take profits. think that is whats happening since IPO

[1condor]

urbani...agree. I have been picking up shares today around 7 bucks. I have placed a lower bid   6.50 as volatility on the stock has been quite extreme lately. Will need some patience but have no doubt the stock goes well beyond 8 bucks this year.

[Urbani]

Some down days all the way around... people throwing the baby with the bathwater out... So the value stocks are worth the wait as revenues will come for PAY as the economy picks up... the larger market players will continue to watch and pick up as well... Way more then $8.00 per share ... way more then then $10... sooner than later ...

[1condor]

I suspect we will continue to have these big share price swings. Place you stink bids...you just never know how low it will go. I have one in at 6.50 and at 6.00.