Paysafe (PSFE)

Shares soared after earnings He bought this when it went public as a SPAC, and it's down nearly 80% since then. The fundamentals such as net income--$90 million against a loss of $3 million--their iGaming up 50% YTD and adjusted EBITDA is up 11%. Their last earnings cycle was horrendous, but this one is a bounce. He's holding it because there's a disconnect between the fundamentals and the share price. What ruined PSFE was the SPAC attack (which ruined all SPACs). PSFE should be trading back at $18. Their digital wallet and acquisitions make this investible.

It hasn't performed, but he's still in this. It's number one in iGaming and has a crypto wallet.

He likes the company very much, far better than most SPACs these days. He's surprised the stock has fallen so much, so he'd buy it now.