ZIP 2.67% $2.92 zip co limited..

Daily Price Movement / General Discussion, page-30195

  1. 4,535 Posts.
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    Well I'm not sure to be honest.

    At the moment though, yes, because I don't believe they'll raise them that much and it's likely already priced in. I mean that's what the whole $14 down to $6 was all about.

    The fed has checkmated themselves and can barely touch the rates without risk of total economic collapse. Of course the rates themselves could technically lead to a recession if changed irresponsibly. That's probably not going to happen though.

    Things can change I guess.

    I've already given the 2 main reasons why I'd sell though at the moment. They are:

    1. If management doesn't change it's way of making ASX announcements within 6 months.

    2. If the situation in China deteriorates.

    If more reasons pop up to sell, then I'll of course mention them. I suppose you can thrown in if the financial reports start looking terrible, but that's a given I think?

    I mean I'm consistent on my reasons to sell. I've only ever had 1 main reason for a while now. The second popped up recently and was apart of a theory I already mentioned I subscribed to on here 6 months ago.

    There are other concerns obviously, but most of which aren't as pressing issues.
 
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