Not again.. Why ZIP likes below $5 price range?, page-3

No one can "expertly" answer this question because there are so many variables like competition, profit/earnings, share volume, directors interests, market sentiment etc etc etc this is a never ending list.

You have to bear in mind that price is roughly where it was pre covid which creates the illusion that it hasn't moved anywhere, however a heap of additional shares have been issued in that time.

In any event this week was the first time zip was below 5 bucks for the entire year. Most likely that early next year they'll announce some new fandangled thing and it will pump back up to 8 bucks sit there for a bit until the next global panic inducing event and she will steadily move back to 5 bucks. My opinion is that It will keep doing this until it starts making a profit which is likely decades away (which makes it a great trading stock in the meantime).