Thread: Zippi Networks Inc. - ZIPI

Zippi Networks had a good consolidation today. After being up 9 consecutive days, the stock began consolidating. The Company also had an excellent news release today. In the short term as well as the long term, this consolidation will be good for the stock as sellers are shaken out. It?s hard to tell at this point how long the consolidation will be but, given the history of the stock so far, this phase could be very short before the uptrend resumes. The stock closed at .25 today, above 10 day moving average support at around .23. The 10 day moving average considered significant for traders as well as short term investors. In the longer term, this consolidation will actually be favorable for the stock.

Untitled Page
ZIPI?s chart continues to be very solid even with today?s pull back. It is important now to watch for improving technical indicators through this consolidation, mainly the MACD analysis. Once this starts to improve, the stock will likely resume its uptrend. The Money Flow Index (MFI) will be important to watch as well, a resumption of an uptrend on the MFI will signal the next upturn in the stock. Again, this could all happen quickly

Zippi Networks had a good consolidation today. After being up 9 consecutive days, the stock began consolidating. The Company also had an excellent news release today. In the short term as well as the long term, this consolidation will be good for the stock as sellers are shaken out. It?s hard to tell at this point how long the consolidation will be but, given the history of the stock so far, this phase could be very short before the uptrend resumes. The stock closed at .25 today, above 10 day moving average support at around .23. The 10 day moving average considered significant for traders as well as short term investors. In the longer term, this consolidation will actually be favorable for the stock.

Untitled Page

ZIPI?s chart continues to be very solid even with today?s pull back. It is important now to watch for improving technical indicators through this consolidation, mainly the MACD analysis. Once this starts to improve, the stock will likely resume its uptrend. The Money Flow Index (MFI) will be important to watch as well, a resumption of an uptrend on the MFI will signal the next upturn in the stock. Again, this could all happen quickly!

Will look for a possible bounce at .20 - .15 here mid week.

Originally Posted by Stock_Analyzer

Test chart to see if this updates intraday

Monday, November 10 2008*7:00 AM, EST

Zippi Captures New Customers and Realizes Its Highest Revenue in a One Month Period, Exceeding $70,000 for the Month of October 2008

Market Wire ***"US Press Releases "

SAN JOSE, CA -- (MARKET WIRE) -- 11/10/08 -- Zippi Networks Inc. (PINKSHEETS: ZIPI), turning America's "Clutter into Cash," today announced that the Company has achieved its largest single one month revenues since its official launch of the Zippi product and services suite.

Furthermore, Zippi's monthly recurring Zipster subscribers have reached approximately 500, with an additional 178 new Zipsters subscriptions added in the most recent 30 day period. Zippi projects that its recurring Zipster subscriber base will need to grow to 6,000 Zipsters prior to the company reaching its cash flow positive goals.

Robert A. Rositano Jr., Zippi's CEO, said, "As with any campaign designed to build subscribers, testing is the key, we now feel confident that our formula targets consumers for our 877-Go-Zippi service, while also explaining the opportunity to those with the entrepreneurial spirit looking for the business opportunity provided by Zippi. Our current strategy embraces that of balance, which means we must focus a certain amount of resources on the support of our existing Zipster network, while the marketing continues to bring in new product and service users at the same time."

"After successfully navigating the dot-com bust of the late 90s our current corporate team understands that steady growth will build a strong business. When it comes to speed; well we can only grow as fast as we can support, revenues and new capital raises will obviously help accelerate this growth, but with or without it Zippi continues to make significant strides in our business and our network," said Robert A. Rositano Jr., Zippi's CEO.

About the Company:

Zippi(TM) Networks, Inc. (PINKSHEETS: ZIPI), headquartered in San Jose, Calif ., has created a revolutionary business process (three US Patents Pending), together with the ease of hand-held mobile technology, social networking, and the ability to recycle that empowers a new generation of online sellers. Founded in 2006, Zippi promises to engage consumers with an easy toll free telephone number designed to allow everyone an easy hassle free way of selling items online; by phoning 1-877-GO-ZIPPI an item owner can receive a quick "mini appraisal" through the "Ask Zippi" appraisal system. Zippi connects this appraisal with the appropriate Zipster (eBay seller) which handles the entire transaction.

The strength of the eBay community resides in eBay's very own message "the power of all of us," until Zippi each and every eBay seller has been very careful not to give away selling secrets, creating competition within the eBay marketplace. Zippi embraces the power of many, allowing each "Zipster" to build teams on eBay with "Zippi TeamBuilder(TM)" allowing a Zipster to scale earnings and eliminate competition by adding team members, which has never been allowed within the eBay community, until now with Zippi!

Media Contacts: Robert Rositano Jr. 1 408 884 2001 Email Contact Karen Ashley 1 408 884 2006 Email Contact Email Contact

Wondering if anyone heard anything on zipi. I see they lost name and price from Friday. Possibly reverse split, name change? I dunno, cant find any pr from the company about anything like that. Feel free to post of youve heard something.