My guess the new PR person they have is very good at understanding Shorters manipulating stocks. A big run last week and then the timing of three are article on late Sunday to come out for everyone in Australia who checks out the AFR to read.... Sets up for another good week. Then we have the anticipation of half yearly results as well as potential new investor in US. Zip for the revenues and it's position with quadpay would be very attractive for investors compared to Afterpay and Sezzle and affirm.
My suggestion would be to hold this until March at least. But remember last year it peaked aug Sept Oct and this year will be no different it will be better. From Q3 zip will start reporting on their UK operations as well. So plenty of good news is coming.
Mad to try shorting zip this year
Z1P Price at posting:
$9.80 Sentiment: Buy Disclosure: Held
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