A company with excellent fundamentals such as Zip that is being shorted and undervalued is excellent for LT investors. Basically a shorter is a guaranteed customer to buy back shares. All it takes is a good ann and the price will pop. Shorts will have a religious experience as they have to scramble to buy back in. Not many great stocks with these indicators out there - maybe 1 in a 1,000. IMO stop panicking and accumulate as I am.
Daily Price Movement / General Discussion, page-26873
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Last
$1.60 |
Change
-0.095(5.60%) |
Mkt cap ! $1.791B | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.72 | $1.59 | $30.86M | 18.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 37227 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 46703 | 15 |
View Market Depth
| Last trade - 14.02pm 15/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |