I think the shorts are going to bully the price back down to $4.5 to $4 to scare all the retail Muppets who run stop losses into giving up their shares... then they will pump it back up to $7 once they have finished all their covering... It's what they can do in small Ozzy stocks.
afterpay crushed the shorts only because it had a wall of foreign buyers who they couldn't bully, which turned out to be Tencent and company.
I'm hoping it drops so that I can load up again to my 2 x size position but long term i think zip grinds to $10++
Possible target price of $15-20, page-34
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Last
$1.78 |
Change
-0.035(1.93%) |
Mkt cap ! $2.246B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.81 | $1.74 | $30.57M | 17.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 110725 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 29116 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |