Totally perplexing, it's just a complete mystery.
Why would a business change its policies, open or close branches, expand or contract in different countries, create new products or services, and retire others? Snowflake Bears don't have a clue, no possible idea.
Any possible reason why ZIP would stop onboarding new customers and then gracefully exit Canada? Maybe there was a reason if we could just think of one?! Could it have been to focus limited company resources on servicing and growing the most profitable business units? Nah, couldn't be that.
Maybe ZIP under CS is now laser-focused on results, because ZIP almost died last year. Unlike the bear prime who bought ZIP in 2021 at $7, with $70 dreams of world domination, my lowest purchase was at 26.5 cents. t the time very speculative risk since it was unclear if ZIP could refinance debt.
The simple truth is that the ZIP of June 2024 is simply not as risky as Sep 2023, but in percentage terms going to be as rewarding either; the risk/reward is significantly reduced. Going from $1.20 to $2.00 is the same percentage rise as from 30 cents to 50 cents and it's going to take longer, I suggest Feb-Mar 2025.
In 2023 thousands of posts from bears proclaiming ZIP are doomed when it was below 40 cents, all proven wrong.
Go ahead, faux outrage bears, request the removal of the cartoon ZIP robots and then pretend it was sexualized images of children that will fix it.
All this because the bears are recycling the same nonsense from one digestive tract to another. They're upset not because of image from the South Park episode about iPad terms and conditions meme, but because they're "invested" in pretending ZIP not is in growth mode.
Bears are just clueless as to why this simple news resulted in the trajectory of ZIP past $1.
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