Yep after he sold, these are some of his classic downramps...
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"ZIP: Perhaps we'll see a dip to 60 cents after Q3"
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" It’s always nice to see some big red days. Another big red, and all will be good."
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"So, drawing back to talking about ZIP, yes, a triple bagger at $3.90 versusa half bagger at $0.65 are possibilities going forward over the next year."
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"Who else here feels the probability amplitude of a near-term $2 ZIP has significantly diminished and pushed into 2025? Regal likely received some leading indicators of the likely incoming Q3 results and knows a bear is knocking on the door."
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Currently, I'm bullish on ZIP for the long termbut 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 $0.90following 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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Last
$2.79 |
Change
-0.010(0.36%) |
Mkt cap ! $3.642B |
Open | High | Low | Value | Volume |
$2.80 | $2.81 | $2.74 | $25.49M | 9.190M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 11942 | $2.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.79 | 30971 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2857 | 2.780 |
8 | 74759 | 2.770 |
6 | 75873 | 2.760 |
38 | 487615 | 2.750 |
17 | 328900 | 2.740 |
Price($) | Vol. | No. |
---|---|---|
2.790 | 30971 | 2 |
2.800 | 211817 | 15 |
2.810 | 445497 | 7 |
2.820 | 251492 | 13 |
2.830 | 29800 | 6 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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