ZIM Integrated Shipping Services Ltd ZIM

$17.86 and Still Trending Lower

[DeanEdmonton]

Given this companie's business, large demand for its services, and a very long track record, this seems to be well over sold. It makes me wonder if there are a couple of large players unduly influencing the price. I have no information that verifies that, but a price this low and still dropping seems  very odd.

[Tarbaby]

This drop in price might be just a lot of tax loss selling...if so it should end within a week or so and take a big jump up. BUT.. being an Israeli company there will be many big holders in Israel who are selling. Maybe they are worried about WW3 starting..as Isreal might lend Ukraine a few nukes to even the field...in case Putin goes totally crazy. Just speculation...lets see where the share

[DeanEdmonton]

tar - you couldd be right but this stock has dropped an awful lot for it to just be tax loss selling. We will know for sure in January though so will wait and see. Still not seeing a  good entry point on this share, may never find one but worth keeping tabs on.

[Tarbaby]

Dean.. .you might be right..I got my dividend in early Dec then sold most at a loss..and might sell the rest now and wait to see what happens in 23.