GREY:ZMSPF - Post by User
Comment by
2guyson Oct 15, 2013 11:46am
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RE:RE:RE:Not much to comment on
RE:RE:RE:Not much to comment on
Here's what I think.
If today's drop was due to the patent dispute, then the company would have had to release news as they cannot hold onto material information of this magnitude this long.
IMO, and I haven't seen any public release or document from the courts yet, this is just a normal pullback. It's happened many times before, the last time was Oct. 2nd when the share price hit and eventually bounced off its 20 day moving average.
ZMS share price today is making a similar move and has hit the 20 day ma of $0.79 and now we need to see in which direction it will move from here.
Nothing has changed IMO since Friday. atb