ZIP 13.5% $2.19 zip co limited..

Ann: Quarterly Report, page-418

  1. 1,107 Posts.
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    With the rise from $1.00 early in the year Z1P is still looking great for those that got in early on.

    Short term... Will it go a lot lower? Will it go a lot higher? Who really can predict the next year or so from here?

    Hot money pushed it up to mid $5 (with volume) and that looks to have pretty much washed through now. Will it come back?

    Things that I still like... Solid growth, Christmas sales coming up. Bpay. Next few years BNPL could replace a lot of CC business.
    Things that concern me... Could WBC be thinking about selling? Bad debts rising modestly in this quarter.

    As with any company, I wouldn't recommend to go all in. Invest using a percentage of your capital.
    Personally I would not invest more than 10% of my Investment/trading capital in any one stock.

    Profits are different, let them go on for as long as possible, catch that uptrend and sentiment until there is a good reason to sell.

    Losses - well they should be dealt with asasp! Just sell! It is o.k to have a loss, make it small before it gets out of hand. I started full time trading in 1998 and still going strong. The only way to get good is to master the art of taking a loss...

    Do your research and get in early. I can name 10 other companies in this current bull market that have made me a few 100% a couple even 800% and more.

    Sell when your own valuation does not line up with the market price. It's pretty easy really.


    Last edited by ixco: Spelling edit. 05/11/19
 
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