Mate, its a pretty decent stock to day trade. Doesn't matter what price it was in last 12 months. Going by this logic , no one should trade ZIP.
This is a day trading forum and intraday volatility is all that matters.
You need to pick up the bottom wisely. I have made money of it a lot of times.
Check out the buying spread and it keeps on increasing.
For me it will close above 1 but to each their own.
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