I'm calling it! This is the bottom !!!!!, page-215

Hi @RRX. I won't pretend to know for sure (does anybody?). I just think the negative trend is so strong it's going to be really hard to break. Are there any other miracle turnarounds like this that people could point to - especially another previous situation where you had two loss-making companies combining to pull themselves out of trouble? Genuine question, it would be interesting to see if there's some precedent. It's a fascinating situation for the sideline watcher (even though many punters automatically assume anybody without a 'buy' sentiment must therefore be shorting it) but as it stands I just can't see it ending well. Survivorship bias is a real thing; the market has a short memory and people forget about the numerous companies that promised lots but ended up going bust/de-listing (like ABC Learning, or Babcock & Brown, or HIH Insurance - the fact only three spring immediately to mind is quite telling).

@x888. The reason why I responded to your comment above is because that narrative suggests Zip is only really in this position because people are shorting it. Therefore, if the shorters all close their positions, things will start to turn around. I just can't see a world where that happens - the problem isn't the shorters , they're only there because they know how to read financial statements. It's the financials that are the problem, and everything else springs from there. Acquiring Sezzle isn't going to improve that situation either - so I get back to my first point about a negative trend.

Hopefully I turn out to be totally wrong, for the sake of all the people that put their hard-earned moolah into this thing.