Just having a look at the chart this year, it spent most of March to July bouncing to $9.60 from much lower levels... about 4 times. No reason it can't go back near $10. We're about to go into the biggest BNPL shopping season ever with more and more BNPL retail purchases. I think Sezzle can do it on its own, especially if their numbers improve on last time. We were in the $8 range in Aug. This can easily be done with some good numbers and reducing bad debts. Canada news this week proves they are making the right moves and I think that will follow on in other markets too. They know what they're doing. As Jeff Bezos once said... "The share price is not the company & the company is not the share price".
The market oversold all the bnpl companies in September, even the best of the lot Afterpay. Zip got a hiding, and Sezzle got absolutely smashed. It can't stay down forever. One round of bad debts doesn't necessarily mean it has to continue. Things are looking up, I ain't taking anything off the table at these levels. Too risky if this moves up ahead without you. If anything I'll be adding more now if we get a pullback in the US after 3 up days in row.
A takeover is just icing on the cake. Sezzle will easily make it on its own.
SZL Price at posting:
$5.86 Sentiment: None Disclosure: Held
