Finally got to the bottom of the sudden dip in Zip sp.. would you believe it's the usual 'broker's note' out of UBS, an 'expert' whose opinion is worth no more than yesterday's newspapers.. have you ever bothered to check how many of these 'expert brokers' notes' fail to materialize and turn out to be stale news?
Those 'experts' whose guess is as good as yours or mine, manipulate the market worse than inside traders; inside traders make a profit for themselves but these 'experts' skew the whole stock for everyone..except possibly their mates. It should be illegal to manipulate the stock price like this. At least inside traders take the risk of getting burnt; these two- bit 'experts' risk nothing and get a fat salary for their reckless opinions.
If we look at the facts, zip udate showed strong transaction volume, up 862% and second half revenue grew by 88%.more than enough to absorb a 2.2% debt, a rubbery figure that is not explained. Only a reckless idiot earning a fat salary as a broker would sink a growth stock like zip.
The only objective tailwinds for BNPL stocks is the hysteria over Milennial unemployment and end to govt stimulus.. but how likely is it that Milennials are gonna stop shopping?? or that the govt is going to stop pumping more stimulus to revive the economy? zip will recover from this ubs 'exert' and keep growing just as Milennials are gonna keep shopping. .online for now..
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Last
$2.96 |
Change
-0.060(1.99%) |
Mkt cap ! $3.864B |
Open | High | Low | Value | Volume |
$2.96 | $3.00 | $2.91 | $20.97M | 7.100M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15999 | $2.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.97 | 99192 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15999 | 2.960 |
7 | 53590 | 2.950 |
3 | 26000 | 2.940 |
3 | 15000 | 2.930 |
8 | 48078 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
2.970 | 42700 | 4 |
2.980 | 41500 | 3 |
2.990 | 87998 | 3 |
3.000 | 70178 | 11 |
3.010 | 14331 | 2 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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