The best damn penny stock turned out to not be that of Zippy Bags, Inc. (ZPPB) who today announced dreams of capitalizing the multi-billion dollar snowboard, cycling, and auto racing industries. Shares thus far of ZPPB stock have been more of a bad dream having done nothing but decline since the alerts were issued from the BDPS group and have now sought out some help to get bags distributed from a number of independents to help boost the coverage on it. There’s a good chance enough dumb money could flow while the smart money plays SWVI at the open.
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ZPPB Stock Chart
Market Cap: 19.34M
Last: 0.2119 ▲ 0.0019 (0.90%)
Volume: 2,614,805
Dollar Volume: $541,348
Open: 0.22
High: 0.22
Low: 0.196
Trades: 353
14-Day Rel Strength: 40.04%
14-Day Stochastic: 46.72%
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Zippy seems to think that with the official launches of the Zippy Snowboard Bag, Bike Bag, Wheel Bag, and the Zippy Helmet and Racing Gear Combo-Bag, the Company is on its way to becoming a household name with innovative, and multi-functional products in the many multi-billion dollar sporting goods industries. what’s actually happening is a $200 PR is gonna help to get rid of the last bit of ZPPB stock so that it can finally be put to bed — three days later than originally expected.
Since day one, January 15, when ZPPB was declared to be one of the Best Damn Penny Stocks, its immediate jump from the open, 0.095, allowed only 2 trades to pass before a massive jump to 0.423 before trading within .015 of the closing price, 0.2861, for the remainder of the trading session. Since Zippy Bags hasn’t really got much left in the bag (no pun intended), its best to leave this one on the sideline until it breaks the .05 range to look for a possible bounce play.
About ZPPB Stock
Zippy Bags, Inc., a development company, is marketing for sale one carrying bag for snowboards under the name Zippy for use to transport snowboards and protect them while being moved. Click here to view the SEC filings for ZPPB.
Last 5 Trading Sessions:
Date | Last | Change | % Change | Volume |
01/22/13 | 0.2119 | +0.0019 | +0.90% | 2,614,800 |
01/18/13 | 0.2100 | -0.0670 | -24.19% | 9,791,000 |
01/17/13 | 0.2770 | +0.0060 | +2.21% | 7,143,200 |
01/16/13 | 0.2710 | -0.0151 | -5.28% | 8,373,700 |
01/15/13 | 0.2861 | +0.1961 | +217.89% | 14,429,400 |
Bottom Line: The penny stocks of to play for Wednesday and the remainder of the week do not include ZPPB stock on that list. Seeing a 10% gain after the open is the best case scenario for this ZPPB new buyers whereas stocks like SWVI, GMEC and MJNA are offering a much better ROI within the short term.
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