ZIP 3.81% $3.00 zip co limited..

Daily Price Movement / General Discussion, page-40392

  1. 4,318 Posts.
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    Hang on a minute I've been calling a sell on this dog since over $11 what about all the people who could have sold and saved 50 percent of their money.

    Mariemac argued with me all the way down and now she chooses to preserve capital and finally pull the trigger in a savage sell off its now my fault when she could have sold at $11.

    Its impossible to call exact tops and bottoms but she has been gracious enough to admit her fundamental beliefs were erroneous and from memory she said she has banked $4 million profit this quarter and will probably bank more now she has rid herself of the emotional attachment to Zip.

    The shonky announcement caused some heavy short covering but does not alter the fact the company is going bust without further capital which will be very hard to raise.

    The gap to $3.74 remains unfilled and I'm sure it will be on the next leg down.
 
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