I told you good time to buy, page-91

You have to consider the massive share overhang as lost acquisitions have been in scrip.

If you are a founder shareholders of Sezzle and know you will likely be in receipt of a share of 200 million Zip shares what would you do.

You have knowledge that the business model is doomed to failure from your own first hand experience and by the time you receive the Zip shares due to the extraordinarily protracted settlement dates, that both Sezzle and Zip will have updated the market and the stocks would be sold off.

So your company was heading for insolvency and a White Knight has come along and effectively offered you $491 million for something that was effectively worthless.

Would you wait till the transaction finalised and your $491 million is worth only $40 million or find a way to short sell to lock in the highest available value.

Add on the other millions of scrip for Twisto, Spotti ,The Urge and all the other loss making companies and the share overhang will take a lot of dissapating.