ZIP 0.00% $1.70 zip co limited..

Daily Price Movement / General Discussion, page-19997

  1. 1,010 Posts.
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    It's not misleading it's maths - you can do the calcs as easily as I can. They also only said they meant to do it after the market sh*t all over the report. Further, their growth rates QoQ didn't shoot the lights out - if you've loosened credit restrictions to drive growth, and witnessed a large increase in arrears, theoretically the QoQ growth rates should have gone super high, otherwise the obvious question is where did all the customers newly in arrears come from?

    I have sold - as I discussed with AJ7 and Eugene, shorts are going to bleed this one slowly over the coming weeks, maybe even months, you can see from the new shorts data. Don't get me wrong I'm certain you'll get back to $9 at some point, but sitting and just watching your capital slowly decrease is not for me.

 
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