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FlexShopper Inc

FlexShopper Inc (FPAY)

1.56
0.035
( 2.30% )
Updated: 03:08:25

Professional-Grade Tools, for Individual Investors.

FPAY News

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FPAY Discussion

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bigfred1 bigfred1 2 years ago
BAD timing to short today since good news came AH.
Happy...and i will be adding before the report next month...hoping under 2.
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bigfred1 bigfred1 2 years ago
today another 500 shares out of my 1200 shares are shorted.
I am not sure i like that one month away from the report
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bigfred1 bigfred1 2 years ago
3 EMPLOYEES exercised their options last week for 1984 shares at 1.86
This bodes well for next month's report.
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bigfred1 bigfred1 2 years ago
The person who is shorting my 200 FPAY from around 1.95 has nerves of steel. They did not panic when it briefly went over 2 or now that it went under 1.75. They are paying 7 1/2 percent interest APY to me.

There was a big block (around 50k) to sell at 1.80, so I waited AH to buy 500 more at 1.71.
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bigfred1 bigfred1 2 years ago
Investors will be hoping for strength from FlexShopper Inc. as it approaches its next earnings release. The company is expected to report EPS of $0.14, up 180% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $37.6 million, up 21.84% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.70 per share and revenue of $145.78 million, which would represent changes of +1650% and +16.23%, respectively, from the prior year.
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bigfred1 bigfred1 2 years ago
Insiders are very positive as most new trades are buy in FlexShopper Inc
In the last 100 trades there were 2.8 million shares bought . The last trade was made 91 days ago by Dvorkin Howard who bough 44.78 thousand shares. For the period there is more stocks sold than bought, but the most of the latest transactions are buy. This can indicate renewed interest by the insider, but also stock options expiring
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Golden Cross Golden Cross 2 years ago
Interesting
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bigfred1 bigfred1 2 years ago
I am enrolled to the lending program at Fidelity where they can borrow my stock and pay me interests.

About a month ago they lent my 200 shares (bought at 3) when Fpay was around 2.25 and they covered around 1.95.

Today they lent another 200 shares around 1.80.

I hope this is nothing more than end of quarter adjustments by MF.
I NOW HAVE 616 shares at 2.26 avg and I hope to increase my shares b4 report.

this is in yahoo...Completely different estimates than the 3 analysts at yahoo

Investors will be hoping for strength from FlexShopper Inc. as it approaches its next earnings release. The company is expected to report EPS of $0.14, up 180% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $37.6 million, up 21.84% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.70 per share and revenue of $145.78 million, which would represent changes of +1650% and +16.23%, respectively, from the prior year.
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bigfred1 bigfred1 2 years ago
I am enrolled to the lending program at Fidelity where they can borrow my stock and pay me interests.

About a month ago they lent my 200 shares (bought at 3) when Fpay was around 2.25 and they covered around 1.95.

Today they lent another 200 shares around 1.80.

I hope this is nothing more then end of quarter adjustments by MF.
I NOW HAVE 616 shares at 2.26 avg.
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bigfred1 bigfred1 2 years ago
Just bought another 200 shares at 1.90 AH.
FPAY acted very well today with this down market.
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Golden Cross Golden Cross 2 years ago
Sounds good
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bigfred1 bigfred1 2 years ago
I just reread the transcript of the CC. It sounded very promising with more retailers participation.
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Golden Cross Golden Cross 2 years ago
Yes, I am going by the chart only on my thinking..

My reasoning is that companies want to preserve their capital and would rent or lease anything which is fpay business
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bigfred1 bigfred1 2 years ago
Looking at the chart, you are right.
After buying 200 at 3 dollars i just bought 200 at 1.91

My reasoning is that companies want to preserve their capital and would rent or lease anything which is fpay business
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Golden Cross Golden Cross 2 years ago
Need support soon or could see $1
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bigfred1 bigfred1 2 years ago
Cannot help but think that high interest rates are not good for their business. comments please.
In the last 7 days the analysts lowered their estimates by 1 penny for this coming quarter.
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bigfred1 bigfred1 2 years ago
10 minutes before the close there were 55k bid at 2.32.
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Golden Cross Golden Cross 2 years ago
Not really, but near a golden cross on the chart... Good short/mid/long term bullish signal

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bigfred1 bigfred1 2 years ago
Very nice volume today, any idea?
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bigfred1 bigfred1 2 years ago
The 2 analysts in Yahoo raised their estimates to 50 cents for 2023.
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bigfred1 bigfred1 2 years ago
Somehow I think if the EPS will come around 50 cents again FPAY will double. The 2 analysts are estimating around 10 cents.
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Golden Cross Golden Cross 2 years ago
possible close to the same....no huge surprises imo
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Golden Cross Golden Cross 2 years ago
possible close to the same....no huge surprises imo
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bigfred1 bigfred1 2 years ago
What are the chances that last quarter EPS will be repeated? the analysts on yahoo were way off last quarter and they are still not convinced this performance will be repeated in this coming quarter. Thoughts?
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Golden Cross Golden Cross 2 years ago
Results for Six Months Ended June 30, 2022 vs. Six Months Ended June 30, 2021:
https://www.otcmarkets.com/filing/html?id=16007761&guid=p01-kW3a1B-_h3h

~ Total fundings increased 31.9% to $54.0 million from $40.9 million consisting of gross lease originations decreasing from $40.8 to $36.1 million and loan participations up ~10,090% from $175 thousand to $17.9 million

~ Total net lease revenues and fees decreased 8.2% to $58.2 million from $63.4 million


~ Total net loan revenues and fees increased 12,342% to $7.3 million from $58 thousand

~ Gross profit increased 26.1% to $26.9 million from $21.3 million

~ Adjusted EBITDA1 increased to $6.3 million compared to $4.6 million

~ Net income of $12.0 million compared with net income of $943 thousand

~ Net income attributable to common stockholders of $10.8 million, or $0.42 per diluted share, compared to net loss attributable to common stockholders of $(276) thousand, or $(0.01) per diluted share
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Golden Cross Golden Cross 2 years ago
Possible, with the type of growth there are experiencing
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bigfred1 bigfred1 2 years ago
so 3 to 4 dollars is possible this year. if better future returns then 6 to 8 next year?
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Golden Cross Golden Cross 2 years ago
I think so...Maybe 25-50% more for now IMO... RSI pretty hot right now on chart...
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bigfred1 bigfred1 2 years ago
Excellent report. do u think it can continue? thx
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Golden Cross Golden Cross 2 years ago
$13,779,444 net income
https://ih.advfn.com/p.php?pid=nmona&article=88808560
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Trons Trons 4 years ago
Loaded the boat at 1.70. Major news coming apparently.
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mantisforce mantisforce 4 years ago
accumulation?
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mantisforce mantisforce 4 years ago
mm keeping it under 10% increase....
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mantisforce mantisforce 4 years ago
i believe it will creep up between 2.25 to 2.50 by EOD Monday...
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Trons Trons 4 years ago
Load the Boat, this is going up to $10 minimum on major news.
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mantisforce mantisforce 4 years ago
tiny float, wont take much volume to make this go up....
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whytestocks whytestocks 4 years ago
News: $FPAY FlexShopper, Inc. Reports 2020 Second Quarter Financial Results; Net Revenues Up 15.1% to $22.9 million; Adjusted EBITDA up 12.7% to $2.0 million

BOCA RATON, Fla., Aug. 10, 2020 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced its financial results for the quarter ended June 30, 20...

Got this from FPAY - FlexShopper, Inc. Reports 2020 Second Quarter Financial Results; Net Revenues Up 15.1% to $22.9 million; Adjusted EBITDA up 12.7% to $2.0 million
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bob cox bob cox 5 years ago
Lots of insider buying this week
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Dupond Dupond 5 years ago
I didn't find any news about fired people.
But on the linkedin there is 2 offers to recruit people since the beginning of April
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WoollenBlock48 WoollenBlock48 5 years ago
Where's the news on that?
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Princes Princes 5 years ago
Really bad news today They fired employees from management to techs. Not buying for now. Maybe when it’s 50 cents or lower.
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price_and_volume price_and_volume 5 years ago
Nothing to see here... except continued-rising PPS

'FPAY reports good stuff for FY19'

Will it continue? Who knows!

GLTA!

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altruism altruism 5 years ago
Tada $2.30's
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altruism altruism 5 years ago
Might be a pop coming... Shorts I think over extended themselves 8 million in volume the other day that's half the o\s and the numbers were good... I think by next earnings at the latest you should recover
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TheFinalCD TheFinalCD 5 years ago
1.43 from 2.93 -1.50 or more than -50%


F@#$ FPAY
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$hellKing $hellKing 5 years ago
yeah sucks. oh well guess i have a hold here for some other future push
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TheFinalCD TheFinalCD 5 years ago
2.25


keeps grinding lower

could be the old G&T
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$hellKing $hellKing 5 years ago
yeah not bad so far. turned pc off too early last night. hope it goes up to 3.00 will see
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TheFinalCD TheFinalCD 5 years ago
FPAY 2.45

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weedtrader420 weedtrader420 5 years ago
Woohoo flexshopper $5 Target price
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