I am not down ramping either but zip has no moat, dropping margin, increasing limit, acqs and still failing to meet the growth rate...that tells you zip no longer has moat.
the question is how to recover money from zip, i am down $1.2 & probably down $1.5 by Monday...if fed shows some mercy and we get back to high $3 in the anticipation of H1 then I will double short zip after report if market wants to sell it and hold that short till rates revisions
