zip’s main fault was too many acquisitions. Should have just stopped at Quadpay and just concentrate on US. They just went on a shopping spree all over the world after their success from Quadpay. That just shows how inexperienced the management is. I think it will recover though but not this year. The way I see it Feds, our RBC and banks all over the world will raise rates this year. Maybe 3-4 raises this year and then next year when the economy is not performing well we will see a first rate cut and that’s when zip and most tech stocks will recover. I said it last year that tech stocks time is over for a year or a bit longer and right now it’s commodities time.
