Of course there will be news... Larry has said all along, in nearly every interview or written statement, "Watch this space" or in simple terms, big things are coming ZIPs way over this first qrt FY20-21 and throughout 2021. In their ANN report (which we already knew about) it reiterated about what they are planning to do, "expand and grow globally"... Personal opinion, currently the share price is WAY under valued. However, the same goes for SP as does retail items, 'something is only worth what someone else is willing to pay'. So my opinion counts for nothing if more people want to sell off their shares at a lower price. In the long run I firmly believe that we, the long term holders, will be far better off. I have been in contact with Geof and Martin (if you don't know who they are you need to do some research) and again, without getting anyone in trouble - BIG THINGS ARE COMING! This isn't an up-ramp, it is fact!
A very small percentage of us investors seem to actually read into what the company is doing and where it is heading. Most are just FOMO buyers and the rest are pessimists (shorters etc...). Could things go wrong - of course! WWIII could break out by the end of the year and everything crashes (except gold). But why live, or rather, comment on the pessimistic view? You are one sad person if that is how you want to live... ZIP is not going downhill, they are a fantastic company who have fantastic leaders at the helm and would know a fair bit more than the few on here that think they know how to run a 3bil company...
As I've said numerous amounts of times here - set targets on when you want to buy and what price you're happy to sell at. Don't be greedy and take the emotion out of buying and selling. I get that is hard to do when you are investing your hard earned money so stick to point #1 to help. I have a VERY large stake in ZIP and like most, want it to do well for everyone! I wish the same for others holding other shares that I don't hold. We all want to make good money but stop thinking it will happen overnight.
Sit tight, enjoy the ride or if it is too stressful, come back post Christmas and we can celebrate together! In the short term, expect the share price to rise and fall like any other.
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