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.
$2 PARTY, page-5930
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Last
$1.32 |
Change
0.020(1.54%) |
Mkt cap ! $1.481B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.39 | $1.32 | $22.02M | 16.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 162940 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 29198 | 3 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$1.32 |
Change
0.020 ( 1.55 %) |
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| Open | High | Low | Volume | ||
| $1.31 | $1.39 | $1.31 | 6256778 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| ZIP (ASX) Chart |