5/13/24 - $psfe - not worth it, staying away; downside > upside

5/13/24 - vrockstar - simply too much debt in the capital stack to be interested on the long side, despite the potential for a beat/ squeeze on the almost 9 days to cover. co cutting opex and growing GP is in theory a +ve ... but seems like a bandage to a more serious growth problem if the most they can eek out is 10% - which is not enough to beat competition at this stage in the game. i think at best this is a dead money stock (unless you're really digging in and see something incredible - in which case i'd defn want to know b/c it is "cheap") and probably at worst a death by a thousand cuts.