Haha C'mon man, you can talk positive about the company all you like and I won't disagree, but the share price is undeniably a pain in the ass.
I'm totally fine with growth stock standard volatility, but what happens with Zip adds a new variable for me I'm not interested in dealing with if it continues.
It's high growth, so every downward movement of the magnitude it's experienced the last few days requires analysis to determine if it's a lasting effect or short lived. Sometimes it's a quick analysis, and sometimes not. Sometimes it even just takes time to sit through the downturn and talk things out with other investors.
Either way, I think anyone not willing to delve into understanding such drops in their investments run the risk of missing something that turns out to be unrecoverable.
The problem with Zip is these sharp declines are so much more frequent than other stocks I've owned and I'm not interested in spending time going over things like this so often.
If I had to deal with a sharp share price drop every few months, then that's ok and I'm happy to study the change. But when it's practically every month? No thanks.
Not even crypto is as volatile as this thing.
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$1.75 |
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Mkt cap ! $2.186B |
Open | High | Low | Value | Volume |
$1.77 | $1.77 | $1.72 | $13.92M | 7.958M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 33327 | $1.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.75 | 10539 | 5 |
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No. | Vol. | Price($) |
---|---|---|
22 | 99741 | 1.750 |
16 | 52016 | 1.745 |
13 | 57033 | 1.740 |
12 | 218330 | 1.735 |
8 | 135829 | 1.730 |
Price($) | Vol. | No. |
---|---|---|
1.755 | 91263 | 11 |
1.760 | 155807 | 16 |
1.765 | 101072 | 10 |
1.770 | 242111 | 14 |
1.775 | 113743 | 13 |
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