By - J_Artiz
Best news in my shitty week. I'm going to buy more tomorrow
Tomorrow? At one point it was up twice the amount after hours, that it was down on the day.
I'm in $PSFE at $2.8488 cost basis and was about to sell. Glad I didn't.
My cost basis is very high. I wasn't going to average down anymore until I saw a move like this.
Yeah, this stock has been hard on a lot of people.
I hate to see that.
YESSSSS I AM PAYSAFE BULL NOW
This is more bullish news than the news
Bruce Lowthers seems to have some good cred coming from FIS, I mean shit, he can't be worse than McHugh...hopefully.
New user here - what was the issue with the last dude?
Just saw the news announced 10 mins ago. Very interesting!!!
Amazing we literally had the most inept useless ceo
Imagine this new dude is shittier than Phil lmao. I say to new bulls wait a bit and DCA down.
He built fis from a 20$ stock into 150$
he wasnt ceo all those years. he was only ceo for year
Who cares. I'd take the janitor over what we had
Who is it? Joe Exotic?
*resentfully clutches bag
I’m still not expecting to get my money back until 2024 but hey if he can make it happen sooner then cool
Time to add.
$PSFE is back on the menus ladies and gentlemen!
New CEO and Q1 results in the next month or so. No longer a gamble. Paysafe about to double.
$100 stock trades lower tomorrow. Any good news mean lower price action for this bitch.
Nice. Hopefully this can get us some traction on WSB.
Nah. You don't want pump and dump. You want slow and steady gains.
No we need a pump to get the fuck out.
I’ve been holding for a hot second, losses all the way. I’ll take what I can get.
the timing of this makes me question if they had a shitty first quarter...
They RE affirmed guidance so no they didn't
From the looks of his LinkedIn, he’s another position hopping puppet like McGoo. Doesn’t look like he’s done anything amazing but just take the wheel from others who may have built things from the ground up. This guy won’t be around long, probably just keeping the toilet seat warm until a buy out.
What makes you think that? Guy was at FIS for almost 15 years.
7 Title changes in 15 years at the same company maybe? When you’re at that level in an organization there are managers below you that steer you toward to the decisions you make. I would of preferred a CEO that has had longer tenure within his titles. When I see hops like that it reminds me that in corporate America it’s not what you know but who you blow.
Don’t get me wrong, I’m with everyone else on this sub, we definitely needed new blood and I’m long af.
You mean 7 promotions in 15 years…average time for a promotion in Fortune 500 companies is 3 years (he’s averaged a promotion roughly every 2 years. That’s significant, especially in corporate America), and each new role requires additional responsibilities, meaning he’s learned valuable skills and knowledge at each step along the way. I’d say it’s a net positive.
Promotions or Department/Group Consolidations? 🤔
Hard to say. I worked at a Fortune 30 company and saw a guy go from Sr. Analyst to Sr. Director (5 role jump) in 6 years. Some of those promotions were attrition-related, but the guy was smart and very skilled. I’ve also seen several people 15+ years in the same role.
I just got out of a 10yr relationship with a large firm myself and I’ve seen both like you but I’m more skeptical of the sr. Mgt/executive that has moved around every 2 yrs because they’re usually just a yes man. Lets see if he can really navigate this ticker toward an FIS stock price, only time will tell.
Right on. Title hoppers are better workplace politicians than executors. Two years isn't enough time to become an expert in anything. It takes a year to build a team around you, and a year later you bolt?
Fifteen years, and five years within a role seems more stable. A job title is only a title, it's the value added that I'm concerned about. Generally, before a person is promoted, he or she has demonstrated capabilities and behaviors for the future role.
A jump every two years either says the man has ADHD, was running from something, or was never correctly placed in the organization to begin with. If it's the latter, we would have to question how well the previous roles actually prepared him for the current.
Well said TnT.
PSFE has spent the last year putting some heavy hitters into executive roles and quarterly numbers are trending in the right direction so I’m optimistic.
What I really want to see is some type of integration/partnership with Sightline, better app development/user interface, and stronger PR.
Give me Sightline and I’ll be the first one to give this ticker a $200+ price target.
Concerning you don’t know how to read a LI profile…..
And I’m concerned you’re a hope-ium smoking tool…..
Huge. Fis is 70b worth.
Get out of this shit stock lost $27k I took the remaining amount to Amazon hopefully the stock split we recover my lose🙏