ZIP 0.70% $2.85 zip co limited..

Cash Flow Positive Party, page-330

  1. 7,775 Posts.
    lightbulb Created with Sketch. 7032
    I desperately tried this morning to stay off these threads. I just can't. As usual the lying from one of the worse down-rampers of the last 18 months just went too far:

    https://hotcopper.com.au/data/attachments/5651/5651406-6b8aa24e1733f515dc88360a338072ae.jpg

    So after at least 18 months of often shooting venom, untruth and insult on ZIP and anyone who dares try to even objectively discuss its business metrics, often a dozen or more times a day. Our resident, all day, every day, down-ramper is/has in fact been trading the range?????:

    "I'll just keep rolling along and trade the ups and downs" Tekvest 12/10/23

    Try and find a post of his where he declares/discloses himself short or long?

    Yet another blatant lie? Because if its not, then Tekvest has been very naughty and not disclosing his trading positions on Hot Copper. Irrefutably he has lied about one or the other....

    The more likely reality for Tekvest's more muted attacks on ZIP, turning instead on other posters and suddenly morphing into a day trader from his comments, explained by Shorts recently reducing positions very quickly. Friday to Monday saw a very significant reduction in reported shorts from 42 million to 30 million:


    https://hotcopper.com.au/data/attachments/5651/5651450-be3e96c5d4243fa5da284ac3ecab7021.jpg


    The so poorly disguised pumping of ZIP's business (and dumping of stock) on ZIP forums in 2021 was appalling. Similarly has been the short ZIP, continually dump on ZIP's business and eventually buy back stock in 2022/23. And sadly some retail investors will fall for this stuff every time.

    NB: For those investors looking at daily traded shorts, as opposed to reported, but delayed, short positions, be careful. If a short buys some back on the morning lows to sell exactly the same again on the afternoon highs, it can be misinterpreted as a build of short, when it had no net effect, for example....you have to wait for the delayed reporting of short positions for a true picture alas.
    Last edited by bedger: 13/10/23
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.