Zip is a once in decade learning experience in how not to run a company.
The entire startup scene is full of ventures that have managed to convince
investors that their sliced bread is better than anyone elses.
These companies have zip competitive advantage but think
that if they can capture the whole market they will somehow make money.
In the meantime, they lose more money on every new customer they gain.
This is not even a case of in hindsight your foresight showed great insight.
The $12 and more share price never made any sense.
the current valuation of almost 1/2 billion doesnt make sense.
The only surprise is that for every share sale, there is still someone on the other side who believes.
I would love to know they think the outcome is going to be ?.
The only question is if it will stop at 9c (roughly what it's worth) or just go through the floor.
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$2.93 |
Change
0.060(2.09%) |
Mkt cap ! $3.825B |
Open | High | Low | Value | Volume |
$2.91 | $2.97 | $2.82 | $25.03M | 8.622M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 37246 | $2.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.93 | 7000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
2 | 37246 | 2.920 |
7 | 292835 | 2.910 |
12 | 146536 | 2.900 |
5 | 159968 | 2.890 |
4 | 111607 | 2.880 |
Price($) | Vol. | No. |
---|---|---|
2.930 | 7000 | 1 |
2.940 | 615815 | 9 |
2.950 | 191388 | 16 |
2.960 | 347844 | 14 |
2.970 | 199904 | 17 |
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