Monday, April 19, 2010

ZIPZ - Added To The Guru's Worst Stocks




ZIPZ epitomizes the term "money pit".  Split adjusted this stock was trading at $160,000 a share only two years ago and now trades at $.0011.  A precipitous decline such as this can only be the result of greed, dilution, and a complete lack of regard for the shareholder.   I ask you to find something that that has declined from ~$160,000 to $.0011 in the last two years, anything at all.

Check out this money sucking chart.  Someone has been using ZIPZ as their personal ATM machine at the expense of shareholders.


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