RE: RE: RE: RE: RE: Great Canadian Company you will see this constant bashing with all high potential stocks the large brokerage houses who missed the early ride all want in but at a much lower price.. so they hire these unofficial employees to bash and continuously riddicule, come up with any story that they can mustr to erode the stocks value. this is easily done with any stock which has an upline graph such as ZEN.. we all know that this slope cannot be maintained and the stock must come down and flatten out for a bit. the brockerages know this too and they will stop at nothing to bring the price down..slowly but surely..too fast down is not good for them either.
they will wear out the smaller retail investor for sure.. those that bought a few thousand shares for their tfsa before christmas have now seen their stash drop 20 cents in 2 weeks.. another 2 weeks of this and they will flee,, some already have i am sure..
the lower they can drift the price the more the bashing will continue.. once the brokerage houses hav what they consider enough (and they will figure out what is available to them knowing they will not get cliffs, insiders, and a few devoted shareholders shares) the bashing will stop, and new cheerleaders will appear to drive the price higher until the brockerages can make a decent profit. then they will really push as they sell out.. and then start the process all over again.
play the game with them if you want .. you can win too.
good luck to all..
there was a lot of buying strength late yesterday it seems someone does not want this stock to drop before the conference starts. we will see what today brings.
if you plot out the chart it is pretty hard to imagine the 2.50 target of the chielfs getting filled in 6 more trading days.. not that i would not like to see it happen,, just too straight up too quickly..
havea good day , few more weeks of ice fishing left i will predict 2.77 the day the ice goes out on
lacs des mille lac..