Daily Price Movement / General Discussion, page-43140

I never thought it would hit $2s but the momentum of the market, the concerns with the update and presumed concerns with the upcoming HY, and the data supported macro challenges, this would be very lucky to hold the $3s

$2.90 would be likely in the next week or two if it was the case.

as for its current price, low $3s was always inevitable as I called it and justified my reasons back in a November when stim shutoff was being announced and tech was the frothiest it’s ever been.

the issue for zip is, how low do they go before having to raise more capital, and unlike their peers who have plentiful amounts of cash and fund support, zip will struggle to get back up IMO.

if she does, then those who took the risk, should be rewarded, but there has and will continue to be better investments with stronger fundamentals (on discount) than zip.

huge risk for minimal short term rewards, but possibly good for longs if she can jump the hurdles

all in my opinion.