Isn't it funny that FFS wrote this: "Feel free to post what you wish, but please call out any short-term "trader nonsense" that dominates most ZIP threads."
Then I posted his recent comments in the last month or so after he sold out. What a hypocrite. He said to call him out
Have a read of FFS' recent short term comments.
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"ZIP: Perhaps we'll see a dip to 60 cents after Q3"
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" It’s always nice to see some big red days. Another big red, and all will be good."
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"So, drawing back to talking about ZIP, yes, a triple bagger at $3.90 versusa half bagger at $0.65 are possibilities going forward over the next year."
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"Who else here feels the probability amplitude of a near-term $2 ZIP has significantly diminished and pushed into 2025? Regal likely received some leading indicators of the likely incoming Q3 results and knows a bear is knocking on the door."
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Currently, I'm bullish on ZIP for the long termbut bearish in the short term. When I sold, I knew I was giving up the potential to reap the rewards of a quick rise to $2, as opposed to stagnation in the mid $1 range or a drop below $1. At that point, I would happily buy back the value of my holdings as sold, with of course 35% more shares.
Honestly, at the time I sold thought there was just a 1 in 10 chance of hitting $2, a 4 in 10 chance of stabilizing in the $1.40-$1.60 range,and a 4 in 10 chance of a stop-loss panic pushing it back to low $1 or even $0.90following some bad news.As I write today, I think that lower bound has increased to maybe a 5 in 10 chance. I think you can attest to ZIP's manic-depressive behavior.
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Last
$1.27 |
Change
-0.040(3.05%) |
Mkt cap ! $1.430B |
Open | High | Low | Value | Volume |
$1.30 | $1.32 | $1.26 | $6.973M | 5.413M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 87782 | $1.27 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.27 | 50296 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 87782 | 1.265 |
22 | 253674 | 1.260 |
17 | 450324 | 1.255 |
32 | 394477 | 1.250 |
8 | 179906 | 1.245 |
Price($) | Vol. | No. |
---|---|---|
1.270 | 50296 | 2 |
1.275 | 28238 | 3 |
1.280 | 86796 | 6 |
1.285 | 185168 | 5 |
1.290 | 384736 | 6 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.27 |
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Change
-0.040 ( 2.51 %) |
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Open | High | Low | Volume | ||
$1.29 | $1.32 | $1.26 | 1921880 | ||
Last updated 15.59pm 17/05/2024 ? |
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