Are we due for any announcements in the next couple of weeks?
The only thing i can think of will be their Q1 results which is probably going to be critical to show how ZIP coped with all the noise around. That i imagine will give investors more confidence and drive the SP upwards.
I am quite confident Larry knew that the banks will one day have a similar product and Paypal would follow suit. I doubt a person like him would not foresee these competition. And again, they are different products.
The slide we are experiencing at the moment is basically what the stock market is all about. We can't expect SP growth to continue all day everyday.
IMO
Z1P - What will be the bottom before the bounce., page-446
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$1.79 |
Change
0.180(11.2%) |
Mkt cap ! $2.011B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.82 | $1.63 | $76.45M | 43.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 700 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 29305 | 1 |
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