As data suggested too many day trading involved, can cause more volatility.
when sp lifted from 20c to 48c, we were talking K2 Fund might sell, but now K2 along with other funds subscribe more shares at 42c, new base is formed above 40s. Zip can be easily lifted at much higher price upon releasing news of distribution agreements and global rollout and user subscription updates, etc
zip was lifted from 15c to 58c within few weeks.
I don't think those institutions on board will not lift sp. Institutions normally aim at least 100% gain.
As data suggested too many day trading involved, can cause more...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.246M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 15000357 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 15116758 | 17 |
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