I think the shorts are going to bully the price back down to $4.5 to $4 to scare all the retail Muppets who run stop losses into giving up their shares... then they will pump it back up to $7 once they have finished all their covering... It's what they can do in small Ozzy stocks.
afterpay crushed the shorts only because it had a wall of foreign buyers who they couldn't bully, which turned out to be Tencent and company.
I'm hoping it drops so that I can load up again to my 2 x size position but long term i think zip grinds to $10++
Possible target price of $15-20, page-34
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Last
$1.65 |
Change
-0.040(2.37%) |
Mkt cap ! $1.858B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.60 | $24.14M | 14.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 144386 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 170543 | 5 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |