Whenever ZIP takes a dive, the commentary from certain members is always the same.
"It's the shorters"
"its the traders"
"they dont want zip to succeed"
It's always one big conspiracy
The reality is this is a company that Has $2B in debt, showed +$40M quarterly EBITDA due to growth out of the US which may not continue, and has a market cap of $3.4B.
If someone came to you with the above data, with the name and business anonymised out, and asked you, is this an investible business, what would you say?
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