Payfare Inc T.PAY

great share price level for an entry point

[Hich1205]

I was very critical at this stock due to the insiders selling huge volume consistently in the last 24 months, but at 2$+ this is really an overreaction to the doordash drop-off. The stock is valued less than the cash on hands, no value for the upcoming cash until q1-2025, no value for the current long term contracts and no value for the tech & solutions developped. At 2$ it's like bying a fully hedged stock. I'm back in

[WillyGreen]

Agreed. Very little risk at anything below 2.50. 

[malx1]

Then please quantify the risk of losing more customers........................................ The real risk is that this company goes to $0. Biased opinions can't see it.

[WillyGreen]

Nothing biased when it comes to my money. I bought after the drop. And bought a ton. You have 100m on the balance sheet. Only 46'm shares so $2 per share in cash. They have 2 other contracts with term.  That's worth at least 50 cents a share. The DoorDash app was highly rated by its users. They will land something soon enough; make an acquisition; and/or be acquired.   

[malx1]

Lol All bias 

[WillyGreen]

Maix - looks like others now accepting my view of $2 per share bottom. Your post didn't age well. 

[Hich1205]

pay has long term agreement with lyft, uber and some kind of agreement with ADP, so if we have to assess this risk, it will be a low risk for the mid term. even if it happens, then the company will have to be sold or wind down and in this case it's the liquidation value, ie. fair market value for assets and liabilities wich is above current market cap. The only risk that i'm seing is the

[malx1]

Ever watched a failed strategic initiative? You guys are on here talking low risk.      80% of your revenue just vanished. 

[WillyGreen]

Agreed. Spot on.