ZIP 1.90% $1.61 zip co limited..

Daily Price Movement / General Discussion, page-7606

  1. 1,244 Posts.
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    Really , you have to ask that question ? Maybe you did not understand my comments.. maybe because of all the colourful language you like to use. Allow me to explain it to you again, text book style.

    in a Stock with the same characteristics as ZIP, ( The same as ZIP and not ZIP ) it is common place to find financial intuitions in the ASX ( lets call them banks ) take up a top 20 share holder positions and borrow out there shares, so brokerages can short them. It is essential to realize that that it is brokerages and not the companies themselves themselves allow short selling . Every one in the company knows this and this is know as " Getting into bed with them ". A short seller makes a profit by borrowing shares, selling them on the market at a specific value, and then repurchasing the shares at a lower price.

    Now here is the kicker, the company knows that the share price is going to go lower, its normally the company and the top 20 share holders them self, buying up more shares from the mum and dad investors who brought at a higher price and have been frightened to drain all of there life savings. Now you see the top 20 share holders and the company it self probably have a " unspoken " agreement in place not to call back those shares any time soon. So the company does not put out any announcement and so on . The brokerages who do this for a living , have supper computers , which do automatic trading, with these things called "bots" and trade maybe 1 to 200 shares at a time just keep price down . Some one wants to buy shares at 8.00 dollars , so the brokerage will be prepared to buy back there shares at 7.99 and so on.

    Here is another kick in the guts for the every day retail investor like you and me, they " Don't " have to pay the same fees that you and i do to buy and sell 1 share at a time , normally the retail investor has cant buy or sell less than a 500 volume, and pay a set fee ever time.

    One way to spot activity is to look to the top 20 holders list and see who is in the register . You know the big names, like black rock , vanguard , credit.S, UBS and so on .......

    Ohhhhhh look at that , they are all part of the top 20 zip share holders ... ohhhhh what a coincidence, but that sort thing only happens to other companies , not to zip .... no way ... -

    Another characteristics to look for, these so called financial institutions ( Banks ) like to pick on sectors and repeat the same "Cycle" at the same time . For example if they were to pick the BNPL space perhaps they would pick After Pay . Oh look at that in the top 20 share holders , we have the same financial instituions again , black rock, vanguard, along with the same polo club players Goldman sacs Merrill lynch and so on

    but im sure they are not participating in such activity...…. no they cant be...….. that would just be unethical

    so there you are LPlater, I hope that helps

    PS : i don't think any of the banks where spandex thou, that would be illegal.
 
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Last
$1.61
Change
0.030(1.90%)
Mkt cap ! $1.808B
Open High Low Value Volume
$1.60 $1.63 $1.57 $24.95M 15.57M

Buyers (Bids)

No. Vol. Price($)
4 61455 $1.61
 

Sellers (Offers)

Price($) Vol. No.
$1.61 118285 9
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
ZIP (ASX) Chart
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