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Bullboard - Stock Discussion Forum Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia... see more

TSX:ZENA - Post Discussion

Zenabis Global Inc. > Showtime
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Post by Silentbull on Sep 25, 2020 3:48pm

Showtime

Time for buddyboybruce to disappear now, m sure he is not a man of his word so he will probably decide to just stick around, either ways it's all good.
Seems the brokerages shorting have decided to have fun again, when there are over a billion shares floating, it's so easy to bring the price down just by spending a few thousand dollars on a 5 cent stock.
I wouldn't be surprised if this is pulled down to a cent.
look at acb short volume, 69% in sept and 55% average since last couple of months.
such short volume cannot be endured by any co especially when the institutions, insiders are conniving to rob the retail investors.
just hang in guys and don't give into panic, this isn't the price to sell, worst case scenario just go down with the boat. 

investors always think averaging down is a wise strategy but it's not for such risky penny stocks coz they fold, go into CCAA and bankruptcy only to change hands among insiders placed stalking horse and duping creditors and investors money.
it's just a bad bad unregulated game and it's so ironic

Comment by RetailInvestor9 on Sep 25, 2020 3:58pm
Great post and couldn't agree more with you on how all this being played out. I also get a feeling that all of this is just a build up to another shorting situation-like the one from Jun/July this year. It may be worth a gamble if you have the risk appetite and as well as some free cash floating around to take a dip into it.
Comment by truthseeker1 on Sep 25, 2020 4:02pm
5 fu#$king cents LOL    I wonder if the PP fish are puking by close today ??
Comment by Morningcoffee on Sep 25, 2020 4:07pm
Welcome back old Predawn/TrudeauHater/Select55 account!! 
Comment by RetailInvestor9 on Sep 25, 2020 4:11pm
Has anyone seen level 2 charts??
Comment by Momsbasement on Sep 25, 2020 4:14pm
Comment by Momsbasement on Sep 25, 2020 4:19pm
Comment by Silentbull on Sep 25, 2020 4:30pm
Level 2 for penny stocks is always ugly, you won't be able to decipher anything coz it's going down to half a cent for multi millions, just look at the bid and current ask on Stockhouse, ask for current price is twice the bid, how will this hold? Any brokerage with less than $100k gamble will bring this down to under 2 cents easily and there is no support from either the insiders or the ...more  
Comment by OneWhoBlazes on Sep 25, 2020 4:33pm
The lower this goes, the bigger the support.. there is over 5 million bids at 4.5 and 4 .. not going to go any lower then that , as any buyer can spike the price back up very easily with only tiny amounts of cash
Comment by Gandalf123 on Sep 25, 2020 5:37pm
Good point. It is one thing to sell and break even but we might as well see what happens now. I am sure there are not too many people that can sell now and not lose money. I am at 50 percent plus loss now roughly. Was in at 10.5 cents. You dont lose until you sell....unless they go bankrupt or bought out for a lower price. Cant believe this drop. Hopefully things will improve if they do another ...more  
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