Seems like I might have a bit better skill at analyzing markets than you anticipated.
There are three types of investors.
1. Dreams who believe something is worth more based on their objectives.
2. Gamblers who throw money at anything based on luck.
3 Investors who base their investing on traditional research method.
Which category are you?
Stocks like zip pay are defined as sucker stocks. This is investing terminology where some make huge gains and others make huge losses based on crowd followers who invest and create a bull run without substance.
.What Is a Sucker Rally? A sucker rally describes a price increase that quickly reverses course to the downside. Sucker rallies often occur during a bear market, where rallies are short-lived. Sucker rallies occur in all markets, and can also be unsupported (based on hype, not substance) rallies that are quickly reversed.
The catalyst for Zip suck Rally.
zip sucker rally was created in anticipation there would be similar duplication of afterpay rally from $8 to $150
Interesting reading for those interested.
https://www.investopedia.com/terms/s/sucker-rally.asp
"Bulls make money, bears make money, pigs get slaughtered". Jordan Belfort (wolf of wall street.)
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