 boom What's up when the gigs mr. V here welcome to another video so and this one we are going to talk about ticket symbol psfe Paysafe This is one of these online payment system that we cover here on the channel when they went public And I told you guys that this is a company that I think has a future Because of the direction that we're going with eye gaming online gambling And e-commerce so I thought this would be uh from a fintech standpoint This would be an excellent play. So the company just released their earnings and presented us with Huge opportunities. So I'm going to talk about that in today's video But before we get started guys, if you're new to the channel We took about how to earn money how to save money how to invest and bail wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content. So when it comes to paysafe Again, this is one that we covered in depth. So if you didn't watch that video I'm going to hook it up here. So you can definitely go check it out I gave you guys inside of the the business actually went through the investor presentation Why I thought it had a future So um this you know past week the earnings of the company came out and the company took a massive bidding And you know fully aware that um when companies take a bidding like this Sometimes it's a great opportunity for you to get in Most people see a company take a bidding they run away I supposed to being a bottom feeder and buying the dips on stuff like this. So earnings are usually Up and down. So if they miss one number Sometimes investors overreact and in this case again, I think it was an overreaction So again, we're just going to switch here take a look at just the company itself Again, if you want to learn more about their business model and some of the stuff that they do Go to the website. I'm going to put it in the description You can go read about it again or you can go watch the video that I did earlier I talked about what the company really does One of the key areas that I like about their business model is this eye gaming space Which is uh becoming more and more Uh mainstream more people are starting to like or get into this space It used to be gaming was so like, you know lazy kids that want to sleep in their parents basement all day And just play games and and don't want to do anything Today gaming is becoming more of an esports where people make a living playing video games I mean like there's one kid that actually earned eight million dollars from playing video games So you don't want to just look at like it used to be it's things of change. It's not a massive business And uh pay safe actually helps with the kind of payments that occur in that space where you let's say if you're playing a game You want to buy maybe extra power you want to send money to your friend So there's different things that you can do in that space. So that's what pay safe does again Go read about uh the company and their investor presentation. So, um, we'll jump right here I'm going to show you guys here. So this is what happened when the earnings came out So prior to the earnings this tag was sitting somewhere about seven dollars and 50 cents And then the earnings came out, which we're going to take a look here shortly and look at what happened It just completely crumbled it went from 750 down to 401 and again, I think this is an overreaction Because um the company one of their one of their main source of income Actually didn't see any growth which Again, like for a company that's up and coming that is developing new products and is trying to get into this space I think this should be just up and down. So as a fact investors were not happy They actually You start took a massive beating. So Take a look here. This is for market watch again pay safe You know collapse just because of that because the results didn't meet what they wanted So you can go there. You can take a look and see how they miss but they are on their A presentation here. So the digital wallet that is the one area where they actually struggled the most So you can see here. No investor wants to see this thing trending down You want to see a trending up not trending down? So you're going from 395 For the digital wallet down to 355. So you're trending the wrong way And investors don't like that. So again on the call, they talked about ways that they want to improve this And really work on improving this digital wallet. So but their eye gaming Area it grew pretty well. Their e-cash grew pretty well. So again anticipate about 18% in the e-cash business 18% growth year over year. So this is a positive sign. So my personal take I think that people over reacted to this particular You know earnings even again As an investor you look for these opportunities. You see not only they did not meet expectations as far as This particular digital wallet performance, but they have a game plan to take it to the next level They have a game plan. So they have two main factors. They talked about internal factors, which is bringing in the skill set that they require and the right personnel to lead the digital wallet space and then also external factors like You know rules and regulations out in europe, which you definitely impact your business. So Something that they are working on. So i'm not too scared about this. This is not stuff that may make me pull As a matter of fact, these actually give me an excellent buying opportunity Like I said, if you go from here to down here, or if you're not in the start yet I think this would be a great spot for you to open a position Because you're really buying this thing at a discount like massive discount because I think it's nice if we can go back here maybe about That far back if you can see this thing went to a high of 19 dollars and 50 cents And this was back in january of 2021 and so look at where we're sitting today ever since that high it's been trending down which um actually It's not a good sign But now for if you're looking to get in again guys, this would be one that you can get in Mostly for a swing opportunity because normally after a massive collapse like this You would see a squeeze to the upside so for a swing opportunity If you can buy this and hold it even if it gets back to six dollars You are going to be sitting pretty good. So that's my game point. So what I did here again with after this This particular earnings what I did is um when you drop down to that 40 I think four dollars and 20 cents actually but um Some costs there, but I think like seven dollars or eight dollar calls I have to go double check that but I bought those calls in anticipation for that bounce And then also I actually bought a thousand shares Just to go long on those and so I can use those Thousand shares to do cover costs which can generate me Extra income why I'm holding the the share. So that's my strategy there. So again What should you do if you have pay safe? If you can afford it, I would say average down Again dollar cost average down and if you if you got in at that seven or eight dollar price point Then find a way to average your way down If you're not in there, I would say now it's the best time for you to open the position And start looking for an opportunity To actually keep adding as these things to the squeeze back if you're just swing trading Yeah, and then you can either go two ways you can do the the calls or you can actually buy the shares outright If you can afford them. So that would be a plan that you can actually implement. So What happened it pay safe earnings came out Missed their earnings Wall Street didn't like it. And so our price of the stock totally collapsed and again The specific area in the business that took this this massive bidding and I I call it massive bidding because all the all the areas in the business didn't Didn't do that bad But their digital wallet took like a bidding and they didn't like that. So but again, we are Missing earnings like this presents a buying opportunity for you if you are looking long term So definitely find a way if you haven't already This would be one that you can swing or you can get in to write it long term Let me know in the comment section what you think if you currently have the stock in your portfolio What's your game plan? Are you averaging down or did you have a stop loss that kicked you out? Again, let me know what you think if you're new here We talk about how to earn money how to save money how to invest and build wealth So there's something that interests you go ahead and hit that subscribe button and the notification bell to don't miss out on your content also guys if you're looking to get started with investing I think mumu has the best Promotion right now if you sign up and deposit any amount one dollar two dollar You get five free stocks somewhere between nine and three thousand five hundred dollars And you can put the links in the description below and as always guys Do your due diligence. Don't be a greedy savage Stay motivated You