Daily Price Movement / General Discussion, page-25216

My interest in the stock has gone. I'll hold what i have left, but im out as far as caring or listening to anything the company has to say. Management has lost me. The TAM is huge, but the capital requirements to fuel continued growth at Zips current MC concerns me. And Zip have burnt their retail reputation/relationship. It's a meme/laughing stock at this point! Anything good comes with negative sell off speculation. IMO they are responsible for the markets current attitude/perception.

Crypto in 12 months, Zipbusiness blah blah... they simply cannot compete with Klarna, Afterpay/SQ, Affirm, banks, Visa/Mastercard and other potential players (Robinhood.), etc. without needing to raise more and more cash, and given the current MC/stock price over the last year who wants to swallow another capital raise at current levels. You cannot 'innovate' your way to market domination in this space now. That's gone... Everything is copied, consolidation is here, big players eyes are open and scale/distribution wins out.

Zip are going to have to spend huge amounts to get a seat at the table in the US. Don't want to say it, but d#g stock for a majority of shareholders in at $6-9 (not just the fomo types) who actually listened to their plans and believed in the companies execution/roadmap. More than happy to be proven wrong, having believed in the 'technologist' within Larry. Appears we got 'the banker' instead.