Charlie was never going to list in NY off the back of a bad result.
Now.....will there be interest in a profit making BNPL??.....if this was 2 years ago, this would be $3.50 by the end of the week. But it's not. People will be wary, and thankfully they will do more DD.
So, I suspect that when people get to study the strategy and trajectory, combined with SZL becoming available for others to buy from next week........the combinations of these things could regain some lost MC fairly rapidly.
Again, I don't think this is by chance.......kudos to Charlie for the creative and exceptional strategic (and operational) turnaround, so far!
EB
SZL Price at posting:
70.5¢ Sentiment: Hold Disclosure: Held