Ann: Zip US Leadership Update, page-192

Yep after he sold, these are some of his classic downramps...




_______________________________

"ZIP: Perhaps we'll see a dip to 60 cents after Q3"


_______________________________

" It’s always nice to see some big red days. Another big red, and all will be good."

_______________________________

"So, drawing back to talking about ZIP, yes, a triple bagger at $3.90 versusa half bagger at $0.65 are possibilities going forward over the next year."

_______________________________

"Who else here feels the probability amplitude of a near-term $2 ZIP has significantly diminished and pushed into 2025? Regal likely received some leading indicators of the likely incoming Q3 results and knows a bear is knocking on the door."


_______________________________
Currently, I'm bullish on ZIP for the long termbut bearish in the short term. When I sold, I knew I was giving up the potential to reap the rewards of a quick rise to $2, as opposed to stagnation in the mid $1 range or a drop below $1. At that point, I would happily buy back the value of my holdings as sold, with of course 35% more shares.

Honestly, at the time I sold thought there was just a 1 in 10 chance of hitting $2, a 4 in 10 chance of stabilizing in the $1.40-$1.60 range,and a 4 in 10 chance of a stop-loss panic pushing it back to low $1 or even $0.90following some bad news.As I write today, I think that lower bound has increased to maybe a 5 in 10 chance. I think you can attest to ZIP's manic-depressive behavior.