I saw Macquarie put out their "underperform" yesterday morning before the retail investor day. They didn't even wait to listen to what was being said, just conveniently chose the morning before the presentation to downramp Zip. They could have at least waited to hear what Larry and team would say. Their price target was already $6.15 so the downgrade to $5.70 ain't no big deal to me.
I came out of retail investor day more pumped than ever on Zip. I know it can still go down regardless but I wont be selling with so many good products and services about to be released in the near future. Nevermind a whole new wave of partnership/merger/takeover anticipation that is coming out of the US in the last couple of week.
Even being red today after what we heard yesterday seems like a big joke. Imagine if Zip announced any of those new products or features to the ASX/Social media. Individually they all should be massive SP boosters. Savings account, crypto, US credit builder, partnerships with companies we still haven't even heard of in media etc.
I'm fighting for ya Larry lol just like you asked lol
Z1P Price at posting:
$6.81 Sentiment: None Disclosure: Held
just like you asked lol
(20min delay)