I shorted @16 covred @15 1/4, little scared at 2nd day. I believe it is scam, but longs always compare it to YHOO/AMZN ... and ZAP is in earning blue also. So what heck, there are thousands goods shorts.
This market is very very crazy, some idiot longs simply buying without even bother to read 10K/10Q, especially when the price is at 52week low. Some smart longs also use this info to make money, they select small price stocks under 10, and has either internet retailing or anything to do with the net, then once there is a news, even a news like, the underlying company changed to new web software for their online e-commerce, then stock rally, they make money.
I believe if internuts are week during next week, then ZAP will drop further.
|