My average is 18 cents on 400K shares. Was thinking about averaging down at .05 cents but couldn't do it. Just hoping to break even after 14 months of having my money locked in this company. Should have just bought the S&P index. Unfortunately, there's too many warrants out for this company to move fast. There will be constant selling pressure once/if it goes over .13 cents. serves me right for listening to that idiot Mitch on upswing trading YouTube channel. I believe he's out of business now after spewing so much nonsense.
Yep - tough spot, a crystal ball would be a good thing to have.
You never know - and you can't trust this management - but sounds like some things might be happening. A merger maybe, but depends on the partner whether it's a good thing or not and how much a Zena share will be worth in the new company afterward.
I'd still like to know the status of the Delta and Bevo sales money - $16 million would be huge and again, it's odd that Zena management hasn't said anything about it.