ZIP 4.96% $1.38 zip co limited..

Some serious stop loss hunting this week, feels more like a...

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    Some serious stop loss hunting this week, feels more like a Viking raid with lots of raping and pillaging

    Did not help that today is options expiry, a lot of longs would have been wiped out

    IMHO we have reached capitulation point and cascade selling from holders and you cannot point the finger at shorts as they have been nominal under the million mark all of this week

    My optimistic 5 cents worth is that we have lost our lunches on the lurch down and seen capitulation, put on your seatbelts for the next roller coaster leg up

 
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