T O P
StevoShitbag

So crazy it just may be the smartest purge bet yet


twofootedgiant

It’s a bold strategy Cotton, let’s see if it pays off for him


Mitchuation

Holy fuck


rob2victory

Damn. I was going to cowboy that. Good luck. 🤠🚀💦


Starrun87

What’s happening?


96Phoenix

He gonna be banned for a year, that’s what.


Starrun87

Ohh ok. Haha thanks for explaining


96Phoenix

If you’re actually out the loop, it’s an event, you pick a stock, use the purge tag, end of the week Highest percentage gain wins, lowest gets banned for a year.


Gzubi

Once the BNPL industry matures and consolidates, ZIP will be a standout survivor. With investor sentiment having turned in the short term, ZIP is bound to take off again soon.


nohorncap

When Zip are balls deep in debt, their strategy is putting the [poorest people balls deeper in debt](https://www.financialcounsellingaustralia.org.au/new-report-shows-buy-now-pay-later-debt-is-causing-significant-financial-stress/) to get them out of debt, which instead has put ZIP deeper in debt. Where is their smart plan out, where they can show how they're going to compete with apple/afterpay? Why download zip, when apple BNPL is built into your phone? Zip: balls deep in debt, with no way out.


Gzubi

When Apple roll out their BNPL service in Australia, I’ll eat my hat. For now, you simply add ZIP to your Apple Wallet and use it through Apple Pay.


nohorncap

The issue now is not apple in australia, but apple in the usa, where zip have bought out debt riddled sezzle. Gonna eat yr hat when apple rolls out BNPl in the USA? Months away, with zip not even on the usa radar: https://theconversation.com/buy-now-pay-later-apple-will-now-lend-you-money-to-keep-you-spending-and-expand-its-empire-184550


Gzubi

No doubt ZIP grossly overpaid for the SZL acquisition. But it may make inroads into the US market. A risky move on their part by any account. Also no doubt that BNPL is better served as a feature of existing financial products, rather than a stand alone product. But as long as there’s demand for small non-bank lenders, ZIP is really at the top of the game in the Australian market. It’s still forecast to become profitable in three years. The sell off has been overdone and is based on a turn in investor sentiment rather than much else. I’d see this rising again as a long term hold if you were to buy in at the current market price.


nohorncap

I'd rather buy ANL.


Gzubi

Gold stonks are fool’s gold. There’s a big difference between owning a piece of billion and owning a piece of paper that says you own gold. Buy real gold only.


nohorncap

ANL is a complete piece of shit, but hey, given the choice of zip vs ANL: - Are ANL actively targeting the poor with their product to make them even more poor? I don’t think so, and I’m cool with that. Zip? Fuck no.


Gzubi

Remember what I said about ZIP a few weeks ago?


nohorncap

Remember what I said? Zip is a heap is BNPL shit that needs to die. https://nymag.com/intelligencer/2022/05/buy-now-pay-later-is-coming-due-for-all-of-us.html


poptartape

You are sadistic


ChineseChickenNewdle

Hey fuck you you took mine


BigJimBeef

Fuck me mate... Fark


Dr_Phoenix1

My god, it's Jason Bourne