If you post very positive statements then you get a lot of ticks on these type of stocks due to many investors jumping on the FOMO wagon without necessarily understanding the business model. Negative posts are never as popular.
When I questioned VM yesterday he claims to have NDA's with the other BNPL companies so only posts on SPT , is that possible after reading his posts, of course it is , you heard it from me first .... Spiderman
The figures where poor by any standards, Q3 was flat but it is the quietest qtr, Q4 is the busiest qtr and the increase reflects some more merchants rather than any significant increase in uptake.
I sold some today leaving just those that are free carry as I fear this is going to drift again and I can get back in later if I see that as a good investment.
The revenue is less than a large Coles supermarket and 3 times nothing is nothing.
SPT Price at posting:
$1.46 Sentiment: Buy Disclosure: Held