Daily Price Movement / General Discussion, page-36485

I said it straight up when the recent JP announcement came out - “it looks like they’re borrowed to me” and to “keep an eye on short interest over the next few weeks”

it is very disheartening what is happening here, but is also very obvious. While I sold most of my positions at $6.95 and $7.20, the real smart ones had puts out or shorted - as the catalysts we’re always there, which is clear that shorts supported the same view

THE GOOD NEWS is that we’re now trading on cheaper multiples than ever, based off our current metrics. We are even more undervalued compared to peers than ever before (but for valid reasons imo).

we are even trading cheaper than when zip purchased quadpay.

in all my years in the markets, I have not quite seen anything like zip. Appen was a misread by many but even it could relatively be explained for what’s happened. Zip, even with its negative catalysts, is much more difficult to explain.

a very difficult 12 months for all holders