I remember when FFS sold his Zip shares and became an instant Zip horseman. He had so much potential but the lure of Bodge's approval was too powerful for him lol
Let's take a trip down FFS horseman memory lane with his quotes after selling a few months ago.
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"ZIP: Perhaps we'll see a dip to 60 cents after Q3"
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"It’s always nice to see some big red days. Another big red, and all will be good."
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"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."
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"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."
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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.
ABSOLUTELY SHAMELESS now that he has bought back in, it's $1.70s and ASX200 inclusionlol
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Last
$2.23 |
Change
0.070(3.24%) |
Mkt cap ! $2.894B |
Open | High | Low | Value | Volume |
$2.14 | $2.26 | $2.12 | $39.40M | 17.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55449 | $2.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.24 | 136951 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 55449 | 2.230 |
9 | 320610 | 2.220 |
8 | 207003 | 2.210 |
12 | 244740 | 2.200 |
2 | 82477 | 2.190 |
Price($) | Vol. | No. |
---|---|---|
2.240 | 136951 | 4 |
2.250 | 405692 | 18 |
2.260 | 422401 | 24 |
2.270 | 588477 | 16 |
2.280 | 453041 | 16 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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