That's what they said over at zip, and they're doing a CR at these rates... $1.50 is the entry point I'm looking at for a risk/reward entry for zip. Haven't determined a risk/reward for spt.. I'm thinking spt could see sub 10c
To be fair, I don't think I've read a single opinion from you that's been correct. IMO. My personal opinion is that the zip/szl merger will save them, long term. Especially now that Larry Diamond has acknowledged the market as wanting them to break even sooner than they had otherwise wanted (they were focused on growth). There is a lot more potential there to actually be profitable in the short term.
In terms of share price though, zip, szl and spt are pretty much on par with loss % over the same period. Pretty devastating for any holders.
Who would I be backing out of Zip/Szl or Spt? Zip/Szl every day of the week. I wouldn't write them off just yet - I'd be writing off spt well well well before that..
