Daily Price Movement / General Discussion, page-37732

What a surprise...they already have billions in cash but are on target to burn through in excess of a billion this year.

Very good move by the company to fund future expected losses but inevitable pain for shareholders as aggressive shorting by more holders with gauranteed stop loss.

Unfortunately for Zip and Sezzle it makes Affirm financially stronger for aggressive expansion and another nail in their coffin.

i dowloaded and read Sezzle 10Q and lots of read flags including a commitment to spend $36 million on marketing ( Target ?) and paying down revolving credit ( Enforced ?) as they are writing off 81 percent of nett transaction income as bad debts and I'm pretty sure they will be bust or have to raise at $1 or $2 within six months.