Who said I have a $0.90 target? So much rubbish conjecture and fictions about my (and others) trading of ZIP over the years by our resident ZIP trolls, despite me being quite honest about it. I'd certainly buy ZIP at $0.90 if it did trade there and would have bought earlier than that below $1 no doubt. It would be significantly undervalued in my opinion.
My posts show me buying from $0.60's down to $0.285 in mid to late 2023 (and oh so continuously mocked by Tekky) - was never going to exactly pick the low on convertible debt / share dilution selling. I sold out on Feb earnings (high of $0.99) and bought back the very same day on close at $0.80 as my disclosures show (and was all out by $1.15 susequently, as my disclosures again show). It wouldn't matter if your idiot mates could read, they'd just make up their own fiction anyway. I'd be flattered by all the attention from your three mates, if only they didn't tell such porky pies and given such sly insult.
The funniest thing is your confused mates going on about me being bitter in selling out in the $0.90's (where you get your fictional target for me of course) in an effort to discredit - the net sell point higher if they could do basic math - as they do to so many others too. Like being long ZIP moving from $0.255 to $0.99 in four months and selling out is some something to be regretful of. One of my best returns of 2023. Doh!
You'd have a better idea, baiting me into betting against your premise that ZIP would reach $0.24 before it reached $0.72 from $0.48. You never did fulfill the stake of you staying off these threads Eugene on it blowing through $0.72 and all of your and Tekky's bearish calls of 2023. Oh how you boys got run over and Tekky still very bitter, even recently publicaly asking advice on whether to buyi ZIP over 4 times higher than he mocked me for buying.
I am actually glad for your sakes IG didn't let you go short ZIP Eugene when you discussed in the $0.40's was it? You'd have taken a bath. And unlike your mates, I don't rejoice in others financial losses.
But back to this thread, Larry has played his part in the US business rescue of ZIP. He has every right to come home. Larry leaves the US with a GooglePay partnership in place and these rather large US merchants firmly onboard:
SOme 15% of e-commerce transactions in Australia are from BNPL in 2023 according to WorldPay (higher than other reports) - depending on which report you read Sweden around the highest at 20%+. That's just e-commerce of course. The Department of Commerce in the US reports that as about $1.2 trillion in 2023 from $1.040 trillion in 2022 (7.6% growth) in the US. Now given that BNPL usage is a mere 2-3% of e-commerce expenditure in the US, versus the 15-20% of mature markets, the constant criticism of the resident trolls of ZIP's US business growth rather overlooks the natural evolution of markets that have forerun the US.
The utter crap about Larry leaving because of pending falling US business above by the usual trolls, rather ignores the 2-3% penetration of e-commerce busisness alone vs 15-20% of more mature BNPL mkts:
(The US doesn't even make the graph in case you missed it, such are the further market penetration growth opportunities for ZIP in the US)
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Mkt cap ! $2.772B |
Open | High | Low | Value | Volume |
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---|---|---|
13 | 133683 | $2.18 |
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Price($) | Vol. | No. |
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$2.20 | 235682 | 50 |
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2 | 1381 | 2.170 |
3 | 17776 | 2.160 |
5 | 23480 | 2.150 |
2 | 46380 | 2.140 |
Price($) | Vol. | No. |
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2.200 | 194372 | 36 |
2.210 | 175 | 1 |
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