More FFS quotes after he sold:
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Currently, I'm bullish on ZIP for the long term but bearish in the short term. When I sold, I knew I was giving up the potential to reap the rewards of a quick rise to $2, as opposed to stagnation in the mid $1 range or a drop below $1. At that point, I would happily buy back the value of my holdings as sold, with of course 35% more shares.
Honestly, at the time I sold thought there was just a 1 in 10 chance of hitting $2, a 4 in 10 chance of stabilizing in the $1.40-$1.60 range, and a 4 in 10 chance of a stop-loss panic pushing it back to low $1 or even $0.90 following some bad news. As I write today, I think that lower bound has increased to maybe a 5 in 10 chance. I think you can attest to ZIP's manic-depressive behavior.
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ZIP CO LIMITED.. (ASX:ZIP) - $2 PARTY, 73321558, page-4199 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
VERY VERY SNEAKY INDEED @FreeFromStyle downramping to buy your shares back cheaper.
More FFS quotes after he...
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Last
$1.26 |
Change
-0.010(0.79%) |
Mkt cap ! $1.419B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.26 | $7.825M | 6.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 36170 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 124309 | 5 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
$1.26 |
Change
-0.010 ( 0.73 %) |
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| Open | High | Low | Volume | ||
| $1.28 | $1.29 | $1.26 | 1817944 | ||
| Last updated 15.59pm 20/05/2024 ? | |||||
| ZIP (ASX) Chart |