AlphaX used to be a Zip bull. But Zip broke his heart, like it...

AlphaX used to be a Zip bull. But Zip broke his heart, like it did for a lot of us. During Pandemic Zip price shot through the roof and they raised shit ton of money. But instead planning for long term survival, they wasted on overpriced acquisitions. The pandemic was running without end at sight, it is not hard to see what is happening or going to happen soon. Imagine if they had those 400millions sitting in the bank and on top of that they did the expenditure control like now, then they would be in a far better position. However, that didn't happen because of management's short-sightedness. The fundamentals seems leaky at best is because management showed us being incompetent in the past.
The quarterly update we are getting is some unaudited information. I will only consider their fundamentals have improved when I see some audited financial (financial report) with more information for making informed decision .

I own zip because I believe if Zip can survive this year without raising cash and actually show that it is about to become profitable or becomes profitable, then there is a big chance that it might become something very big in FinTech sector. I am not very keen about Mr. Market telling me what is the best price of the share.

P.S. I had 4000 APT share which I sold at $40 and 2000 WTC share at $20 because Mr. Market made me think that was the best price. Call me a fool if you want.