@Tradinator The large investor/s is going to be the key to the whole thing - all these developments and announcements are excellent at building the value and credibility, but the problem is, who jumps in first? Fund/portfolio managers will be tracked on monthly/quarterly performance, so none of them can easily jump in until there is price stability, produced by larger buyer/s reducing the available shares on market and making it much less attractive as a short target. Whoever it is that comes in would need to be so large they could almost single-handedly soak up say 10% of the stock, which would arguably start a chain reaction of smaller fund managers coming in and buying up, as they have the security of knowing there is a larger investor/s serving as the foundation, and shorts move out as there is now competition to them trying to drive the price down. The current Top 20 is simply terrible - maybe a couple of US instos move in and pick up 5% each or something, but the company really needs say at least 10%, but ideally closer to 15% - 20% of the stock to be held by credible long-term interests.
Interestingly, with partnerships like today, soon one of these partners may need to buy up a large position to protect their interests - i.e. it's not a great look for Microsoft or say a Goldman's (as a hypothetical) to partner with Zip to power their BNPL, just for a competitor to come in later and buy up a large position.
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@Tradinator The large investor/s is going to be the key to the...
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