Daily Price Movement / General Discussion, page-32702

James....i have seen this movie before and i know how it ends.

Every cycle you get " hot stocks" that Mom and Pop investors latch onto hoping to make a real difference in their lives.

Zip is or was the most discussed stock with a high percentage of retail investors.

Management repeatedly talk the talk but don't walk the walk and while retail investors cannot accept they should have sold at FOMO highs they keep buying more stock to try to recover those theoritical profits.

Conversely management print shares like confetti and award themselves performance rights without any hint of profit and buy a never ending stream of loss making companies, to create the perception, of growth, thereby diluting shareholders on a regular basis.


Funds are raised on a regular basis but the only takers are hedge funds whose profit is in repeatedly shorting the stock.

Retail investors in that scenario are trying to swim upstream against a raging torrent

In similar situations I have seen lives destroyed.

I am not ruling out it going to Zero as hedge funds will not be interested in lending hundreds of millions of there is not sufficient scope within the share price to short it.