Welcome PL. We are on the same page. Plenty of $ to be made trading, and you can double up shorting, but it is dangerous, costly and a little harder to execute without a broker who has to act as a 3rd party, or you use CFDs, in both cases you have to be on the ball 24/7 (in which case you'll cop punishment for spending too much time on Hot Copper lol).There's a fair few who say that ZIP is overvalued at present for up to 10 reasons which I won't list here, but the half yearly figures next week might show up hideous expenses, shrinking margins, Australia and NZ shrinking, as well as market saturation and regulation. Maybe it will keep climbing a little in the run up to the 25th, but the bigger they are, the harder they fall.
ZIP Price at posting:
$2.54 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)