Zip has always been a house of cards. as you wrote yesterday, APT has $1b in the bank, additionallly, is already #1 in USA and expanding globally. There is a reason Zip, PayPal and the rest are abandoning their business models and copying this. ZIP is trying to be Hum - just a credit card company and a smaller APT in USA. . I wish them luck with that.
In 3 years, SPT will still have 5 merchants and 12 customers, zip will have 5% bad debts and the rest will probably merge in a desperate attempt to survive.
APT Price at posting:
$95.67 Sentiment: Buy Disclosure: Held
