What's worse is there's still no negative news...

What's worse is there's still no negative news factored in, such as higher than normal bad debts, or a regulatory hurdle regarding BNPL which could affect the industry. So, if it arrives, another 20-30% could easily be shaved off. Another capital raise is going to be the quintessential plastic turd with the sugar icing on top to tell the participants what exciting things lie ahead, while forgetting they were told this over $1.30 higher up.