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re: ZIM's major nose dive

Posted on 5/22/23 at 11:36 am to
Posted by FLObserver
Jacksonville
Member since Nov 2005
14507 posts
Posted on 5/22/23 at 11:36 am to
Be glad you didnt enter at around 50 or higher . Imagine those poor bag holders. Now they dont even have a dividend to fall back on. Twenty five or lower you still have a chance to break even anyone around 50 or higher will be going down with the ship.
Posted by Crescent Connection
Lafayette/Nola
Member since Jun 2008
2034 posts
Posted on 5/22/23 at 11:51 am to
quote:

50 or higher will be going down with the ship.
ISWYDT
Posted by Auburn1968
NYC
Member since Mar 2019
19862 posts
Posted on 5/22/23 at 12:15 pm to
quote:

Be glad you didnt enter at around 50 or higher . Imagine those poor bag holders.


Fortunately, it makes me nervous when I see a chart that's at a high. I thought it was golden at $17, but given the history, I think it will eventually work out nicely. I'd be buying at $14 today, but no dry powder.
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