ZIP 0.70% $2.85 zip co limited..

If you want to know what the difference between a pump and dump...

  1. 233 Posts.
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    If you want to know what the difference between a pump and dump stock and a dip in a stock is, just compare Z1P chart with FFG chart. Both stocks started off with a massive dump at open, volumes were massive and will not be matched throughout the day. FFG was a dump, that is why the selling volume tapered off initially, but is increasing as the trading day is coming to a close, there is absolutely no buying support for FFG. Meanwhile, Z1P was no dump, it was a classic tree shake, that is why selling volume tapered off and is now being replaced with increasing buying volume with each hour, buying support was great all throughout the tree shake today and hopefully it stays. Its all about patience now, yes Z1P could be stuck in a trading range between 12 and 13 dollars, but that is a healthy sign that the stock is repositioning for the next leg up to 20 dollars.
 
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