Affirm partners with Amazon, page-123

lol I've got a theory about why, but I'll be labelled a zip downramper....

Agreed metrics and growth make it absolutely stupid to short this company.
The risk of a TO also makes it an absurdly risky short.

So why are the shorts so confident in the short term?
Zip have enlisted BoA to raise 400M in the form of convertible notes.... this happened in April this year. I think there must've been a gentlemens agreement that in order to receive the 400M, BoA would be able to lend the shares out short on the condition that LD would not be able to surprise the market with left-field announcements that would rocket the SP. Since then Merill Lynch has been having a field day shorting.

Imo this is why all ann's have stopped since the 400M raise, and why all subsequent partnerships have been buried in a quarterly or FY.

since April, he has only provided more weight to this theory.
Stripe, Adyen, Payflex are all huge announcements.... traditionally zip would be announcing these with fanfare.... it seems odd they've muted their rhetoric all of a sudden..... I only found out about payflex minutes before the FY due to the ASX ann on diluted shares.

When the Klarna rumour came out in AFR, 20M shares closed... broker data revealed this was all retail shorts, but insto shorts held their position....
I don't like being a conspiracy theorist, but its not too hard to connect the dots.

Until Zip surprises the market with an announcement, this is my thinking... and they've only validated the theory so far...

I hold zip and honestly wish this wasn't the case, but I can only surmise on the behavior changes of late.
Its why you see a few people claiming Larry is sleeping with shorters...