How about playing the ball and not the man " Champ" : I arrived at the ZIP party after the report and "invested" based on what the information was at the time, mainly a report that out stripped bnpl competitors on every metric as well as the technical analysis.
I expected some retracement but not by 40 to 50 %: And yes, I do understand the fundamentals of market mechanisms and understand the necessary machinations of shorting. However what we are seeing here is not just shorting, its manipulation to the highest order, How does that happen, by allowing the big money in your top 20 share holders to borrow out there shares to short. Then you have USB …..who puts a downgrade on the shares they own.... seriously.
So according to your theory of investing then, if you brought shares after 10 dollars your a day trader, a pump and dump guy, not an investor : ridiculous assumption....... " Champ"
Contrarian indicator : Regulation on its way : According to ZIP they welcome it After pay down , zip down : After Pay was allways too high Zip not made a profit yet : Quad and European market represents a high probability of profits
Technical Inverse head and shoulders pattern : Seriously how many do we have to see, how many necklines do we need to break ?????
Fundamental : Zip reports outstanding in ever metric ( don't feed me this rubbish that expenditure was higher than expected with all those acquisitions and new appointments to the board and staff needed for growth expansion )
That was my view 7 weeks ago,,,,,,,, but now
Larry Dimond is a fake, hes not the brilliant entrepreneur every one tags him to be, his new chair appointment Ms Diane L. Smith Gander is a proxy to the banks, look what's happened to the share price since she's been at the helm, And his offsider John Gray, laughable j
Yes i should of day traded this stock, not invested in it " Champ"
Oh I'm sorry did i chuck a Nick kyrgios tantrum - a guy who hates tennis but exploits it for money.......mmmm a bit like guy who says he hates banks then allows them unscripted in as part of his top 20 shareholders ........ i guess that was a good enough reason for the marketing madness of Katrina Ang
One more thing "champ" Credit Suisse investment banking " who own 3.35 % of the shares is now embroiled in a fund manager litigation scandal, there shares down 11.5 % today
Credit Suisse , Nick Kyrogios, USB, - this is the company that ZIP is in bed with ............ yes all good character standing participants
"Champ" i think its you , who needs to do your home work in what is ethical behaviour and what is not.
Like i stated, i will put my shares in the draw, sell them when the time is right.
Alot of " investors " here are hurting, and they want answers, please don't assume they are all pump and dump guys
Recommendations: Uninstall the App , dont let ZIP merchants come near your business ….. yes that's right as a share holder, i am customer too.... disgraceful behaviour .. "
I have one more thing to say ( in the tune of the new ZIP Add ) ..... "Can you Zip it..... Yes you can" " Champ"
Z1P Price at posting:
$7.35 Sentiment: Hold Disclosure: Held
(20min delay)