@@drg Could not agree more. Literally waiting until confirmation bias has reached unimaginable stupidity on Hot Copper and selling stocks, and similarly waiting until there is literally not one positive commentary on HC threads and buying (with due dilligence) is probably a very advisable strategy for making lots of $moolah. Was long ORE and GXY when they were the most shorted stocks on the ASX and condemned stocks on HC. Look at the merged asset price now! Didn't pick anywhere near the top, but the bottom is easier (if risky). Shorted APT aggressively a lot do with HC exuberance and even swayed by the idiotic aggression by one or two of the commentators above on here. Got out before the Square takeover luckily, which APT investors will never admit saved them - look how much Block/Square overpaid for that!
ZIP is a decent punt down here. I feel sorry for those investors who bought $5+ (not particulary those who madly paid $10+), but suspect it may get back there by 2024 if they survive, continue to grow (albeit at very much reduced rates) and manage to go cash flow positive. Investing is all about value and risk assessment, not listening to idiotic up or down rampers on HC - quite the opposite. ZIP is treading a tight rope we can all see, but the share price amply and perhaps excessively reflects that.
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Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B |
Open | High | Low | Value | Volume |
$1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5300 | $1.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 86880 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 1.690 |
1 | 29495 | 1.685 |
10 | 46004 | 1.680 |
3 | 21357 | 1.675 |
7 | 81665 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 50000 | 2 |
1.705 | 72000 | 2 |
1.710 | 69500 | 4 |
1.715 | 1400 | 1 |
1.720 | 22142 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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