Daily Price Movement / General Discussion, page-37975

Agree. We definitely need some sort of unexpected or surprise announcement to get us out of this slump. The share price is feeling the effects of the rebrand, slowing quarters, rising inflation, poor retailer investor sentiment and heavy shorting. It's disappointing, particularly as Nasdaq has currently been sitting at an all time high.

We need a bullish trading update or plans/progress on our new recent acquisitions.. ie "Zip exceeds 10 million customers globally" or "100k merchants." We must be close. Last year, Zip would release regular monthly trading updates for Quadpay and this gained significant momentum for the share price. Unfortunately, this year the silence has been deafening for shareholders. It's disappointing that management have done very little to try to stop the bleeding. Unlike Affirm, whose CEO has made all the right moves.

However, we can be optimistic as we know Zip significantly under-reports. Well.. now is the time to report and hopefully the next update will wake the market to Zips potential for continued strong growth and global expansion, particularly across Europe. Even an update for revenue forecasts like Affirm presented to the market factoring in our new acquisitions would be beneficial. We can all hope for that institutional investment like a Tencent, however it just doesn't look likely in the short term. However, the elimination of Afterpay on the ASX will be a very interesting time for how the market responds to Zip as the new number one BNPL. It may in fact spark new institutional buyers.

With the share price declining, it's difficult to see right now what catalyst will get us out of this rut.. but if you believe in the company, the founders and the story then hold strong. Zip has been here many times before and hit its 52 week low only to hit its 52 week high 2 weeks later. We are invested in a company where waking up to one announcement that can change it all is never out of the question - ie: "Zip plans to list in the US."

I'm definitely looking forward to seeing all metrics post Zips strongest quarter on record with updates in our new markets across the globe. Not to mention, how Zips main focus - the US has progressed with their largest marketing campaign and appointment of CMO.

All IMO.