RE:RE:RE:Now you have me thinking Right80% - Alright, Haywood has confirmed they bought shares from Zimtu (zinc8 insider). Why would Zimtu sell shares? Have you watched the Zoom meetings of Zimtu/Zinc8 on Youtube? Dave Hodge who is President of Zimtu and Director of Zinc8 touts Zinc8 to be a once in a lifetime investment but at the same time he and his company regularly sell shares. Does that make sense to you? What is Haywood's explanation to Zimtu's selling pattern?
Sure you do trust your broker but what if Haywood has been duped as well? If a story sounds too good to be true it probably is.
Right80% wrote: Thanks nineply. I have to say I am not trying to be smarter than anyone here. I have my own investment statregy's and when a block of stock changes hands to the guys that manage my money I come along with them. We really make great returns in this market.
And to be honest. The first interaction I even had here I copied and sent this exact post below to my broker asking what was happening with this trade. He advised me that positon was crossed to Haywood and I bought a portion of that. Anyways, I certianly don't have to defend myself or my investment practices. But I am most certainly out of here now after this post.
Zimtu finally reported their share dump on SEDI
3 transactions of 949000 = 2847000 shares total sold by Zimtu @ $.3501 for a total sale value of almost $1 million.
Now why exactly would Zimtu dump 2847000 ZAIR shares at 35 cents on Dec.11th when just around the corner on Dec.21st Zinc8 is about to reveal their shiny new tech at Surrey House?
The pumpers are all telling us that this is going to skyrocket the share price possibly over $1 but yet Zinc8's largest shareholder, financial backer and chief promoter Zimtu is dumping shares. Things that should make you go hmmmmm! Why would they do this? Do they have inside information that the tech is going to be delayed or is not going to work as promoted? Maybe an interested shareholder will ask this question at the AGM.
Wake up folks. Beware the Zimtu effect.