50M shares shorted last month down to 30M shares now. $8M worth at 28c. Peanuts. No amount of good news ever seems to work to squeeze them. Can't be done here in the weak Aus market. Retail weak as piss and instos dominate. US markets are another story, plenty of cash & people to do it.
ASX too weak and Australians would rather invest in property. Not enough retail share traders/investors to ever take on the shorts in Aus. Too big, too coordinated, too powerful. ASX stocks move up and down only when instos put out the narrative and encourage retail at the same time.
Not even the directors and management want to show leadership and buy to start a short squeeze.... or at least show it's worth investing in. I expect director notices in a week or two after the Q1 results to prove otherwise.![]()
- Forums
- ASX - By Stock
- ZIP
- Cash Flow Positive Party
Cash Flow Positive Party, page-366
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
|
|||||
Last
$1.58 |
Change
-0.120(7.08%) |
Mkt cap ! $1.774B |
Open | High | Low | Value | Volume |
$1.72 | $1.72 | $1.57 | $42.26M | 26.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 19469 | $1.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.58 | 33400 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 19469 | 1.575 |
24 | 201490 | 1.570 |
8 | 332978 | 1.565 |
14 | 423682 | 1.560 |
5 | 110775 | 1.555 |
Price($) | Vol. | No. |
---|---|---|
1.580 | 33400 | 3 |
1.585 | 243831 | 7 |
1.590 | 129069 | 8 |
1.595 | 30000 | 2 |
1.600 | 175967 | 6 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online