ZIP 5.63% $1.88 zip co limited..

can't ignore or downplay what lays before all of uslending...

  1. 322 Posts.
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    can't ignore or downplay what lays before all of us

    lending gonna get serious in 3-6 months

    bet london to a brick that loss rate will increase or at best, stay within reach of q4 levels

    u can't have that...a newbie trying to earn their stripes as 'responsible spending' you will need to have a cleaner book ie credit quality

    so I reluctantly shaved by holdings (very very reluctantly)

    now hope Im proven right, that the sp doesn't climb during this next 6-9 month stretch

    15000 shares down to 2500...held as long as I could.

    but I'll be back
 
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