I've analysed the last capital raises for Sezzle, Afterpay, OpenPay, Zip and SPT'S April raise. The increase in share price over the 2 days following, was in the range 16% for Afterpay and up to 85% for Sezzle. The average between all of them was 51%!! You can imagine my excitement when SPT announced this recent CR. But unfortunately this was the least exciting CR in terms of SP increasing - only 10% and now dropping off.
It seems that the Sellers are in control. Can someone please enlighten me. Why are there so many sellers? Someone previously said their theory was that there were too many buyers who bought at really high prices after MC and Visa announcement and now want out. Any other theories out there?
If this is the case, please stop! Let this baby fly. The potential for SPT is next level. Join the party man
SPT Price at posting:
$1.51 Sentiment: Hold Disclosure: Held
