Yep after he sold, these are some of his classic downramps...
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"ZIP: Perhaps we'll see a dip to 60 cents after Q3"
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" It’s always nice to see some big red days. Another big red, and all will be good."
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"So, drawing back to talking about ZIP, yes, a triple bagger at $3.90 versusa half bagger at $0.65 are possibilities going forward over the next year."
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"Who else here feels the probability amplitude of a near-term $2 ZIP has significantly diminished and pushed into 2025? Regal likely received some leading indicators of the likely incoming Q3 results and knows a bear is knocking on the door."
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Currently, I'm bullish on ZIP for the long termbut bearish in the short term. When I sold, I knew I was giving up the potential to reap the rewards of a quick rise to $2, as opposed to stagnation in the mid $1 range or a drop below $1. At that point, I would happily buy back the value of my holdings as sold, with of course 35% more shares.
Honestly, at the time I sold thought there was just a 1 in 10 chance of hitting $2, a 4 in 10 chance of stabilizing in the $1.40-$1.60 range,and a 4 in 10 chance of a stop-loss panic pushing it back to low $1 or even $0.90following some bad news.As I write today, I think that lower bound has increased to maybe a 5 in 10 chance. I think you can attest to ZIP's manic-depressive behavior.
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Last
$1.41 |
Change
-0.045(3.10%) |
Mkt cap ! $1.582B |
Open | High | Low | Value | Volume |
$1.46 | $1.46 | $1.40 | $17.56M | 12.33M |
Buyers (Bids)
No. | Vol. | Price($) |
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8 | 90030 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.41 | 114400 | 4 |
View Market Depth
No. | Vol. | Price($) |
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8 | 90030 | 1.400 |
4 | 38133 | 1.395 |
10 | 274053 | 1.390 |
4 | 264342 | 1.385 |
11 | 283201 | 1.380 |
Price($) | Vol. | No. |
---|---|---|
1.410 | 114400 | 4 |
1.415 | 48176 | 4 |
1.420 | 343560 | 12 |
1.425 | 110901 | 4 |
1.430 | 39512 | 3 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.40 |
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Change
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Open | High | Low | Volume | ||
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Last updated 15.59pm 17/06/2024 ? |
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