Shorting creates an efficient market.
Bulls buy a stock in the belief it's undervalued and aim to sell at a higher price.
Short sellers sell a stock in the belief it's overvalued and aim to buy back at a lower price.
The financials of all BNPL indicate they will go bust without further funds so Short Sellers are right in this instance and now that sentiment has turned there is absolutely nothing apart from a clearly demonstrated path to profitability that will turn these stocks around.
That is why in my view they are all going to Zero
- Forums
- ASX - By Stock
- ZIP
- Ann: HY22 Results - Date Change
Ann: HY22 Results - Date Change, page-55
-
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
|
|||||
Last
$1.70 |
Change
0.000(0.00%) |
Mkt cap ! $1.909B |
Open | High | Low | Value | Volume |
$1.68 | $1.71 | $1.63 | $41.23M | 24.86M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 52 | $1.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 125754 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 52 | 1.690 |
2 | 79150 | 1.685 |
3 | 36860 | 1.680 |
6 | 127995 | 1.675 |
4 | 25072 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 125754 | 4 |
1.710 | 196398 | 6 |
1.715 | 95159 | 2 |
1.720 | 37000 | 5 |
1.725 | 120054 | 4 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |