There's a decent conversation trying to happen here - but its getting swamped in snips and jibes.
ZIP is as good a stock example as any to discuss what to do when things go south?
When to sit tight? When to offload? How to determine a strategy? How to tell what's really going on?
As traders we need to be good at making decisions based on limited info - and we always have plenty of alternative stocks to choose from.
As Mak says - losing money on a stock should not = hanging in to the bitter end.
Better to shift what's left to something moving up - than to watch it fall further.
The key question then: does ZIP have a chance of getting back to (say) 50 cents in the near future? If so, how will it achieve that?
There's a decent conversation trying to happen here - but its...
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $3.787M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $490 | 140K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 19173795 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14294415 | 10 |
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| Last trade - 15.31pm 30/08/2024 (20 minute delay) ? |
| DOU (ASX) Chart |