why would I say this to him?
because my opinion is, you would have to have rocks in your head, with zip in its dire position with extremely concerning fundamentals, to consider doubling your position based on a SP target.
I was bullish when it was worth being bullish, and I was bearish when the risk changed and so did the underlying fundamentals
early last year zip were rumoured to dual/cross list, look for a large U.S. investor, and has some explosive growth reports - this all changed and the bears back then have been proven right
slowing reports, no cash, excessive dilution, over expansion, no fund interest, no U.S. investors, no dual/cross list, more pointless acquisitions and more and more and more there’s a dozen reasons not to see zip as a worthy investment, even outside of the current macro and geopolitical climate
all in my opinion, do your own research (which a few of you cant seem to do)
Chart - Z1P, page-15232
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Last
$2.87 |
Change
0.000(0.00%) |
Mkt cap ! $3.747B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3597 | $3.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.73 | 29895 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 12948 | 3.030 |
1 | 3597 | 3.020 |
4 | 4932 | 3.010 |
2 | 2445 | 3.000 |
3 | 9367 | 2.970 |
Price($) | Vol. | No. |
---|---|---|
2.730 | 41026 | 6 |
2.800 | 11 | 2 |
2.810 | 4766 | 7 |
2.820 | 6480 | 2 |
2.830 | 19110 | 3 |
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