Daily Price Movement / General Discussion, page-43161

This is going to get brutal and just like Dot Com crash and GFC it's a natural selection process where access to capital for loss making companies is no longer available and they simply go bust so a more efficient use of capital is employed to companies that can demonstrate a ROCE.

Your mates at Sezzle are regularly awarding themselves new shares and cashing in so I think the writing is in the wall for them being the first to throw the towel in but the other BNPL will follow suit.

Watch for Directors selling large swathes if shares for "tax purposes" with half year results as your signal that they are going down the Sezzle route.

Red flags were already waving when Lindenberg and Ezra could not wait to dump the entire holding in their investment vehicle and then sued ML for not doing it quick enough.

Its a measure of how dumb these guys are as the board hold a greater quantity of remaining shares and without the court action no one would have known they were dumping.