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Look I’ll start by saying that I am aware Z1P is a dogshit stock. Yes I know about the bag holders and the folk who got stung.
But for some reason I have this sneaking suspicion that it will have another hey day and jump in price again.
If for whatever reason I am right I genuinely suggest to pull any profits or break evens and GTFO. This stock is volatile as all hell so I wouldn’t actually recommend it if you’re not already in it.
However if you’re down in the red I don’t know that buying more is a bad idea. It may actually be the best way out of the red (averaging down etc).
Full disclosure I own this stock and bought around $1.50, I then sold half around $10-$11. I’m just salty at myself that my green is less green.
Anyway, I’d love to see it back up again so I can sell what I have left and so you degenerates can break even and get out.
Good luck to everybody else on this roller coaster.
EDIT: I do not think anybody should buy this stock. Current holders only, not a recommendation to buy.
Edit: To clarify. I don’t think it deserves to go up. I don’t think this is a good stock that will rise through credit. I don’t think there is a single valid reason it should rise. I just honestly think the sheer insanity of the market will even affect this trash.
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