The shorts! and the chief IT TAKES TWENTY YEARS TO BUILD A RE*****TION BUT ONLY FIVE MINUTES TO LOSE IT.
WARREN BUFFET..
Not so in the Chief's case.
The shorts have cannibalized ZEN. Circumstantial evidence is beginning to show the footprints of the Flakers who have a lot of money invested in their various plays. (Energizer was mentioned) so we have multiple interested parties. Shorts for cash and the flakers. What a shame.
The shorts can run roughshod all over the tsx but more specifically the Venture Exchange. There has to be something we can do. In reality this is a travesty. The only ones who really suffer besides the Company itself are the many "ordinary joes". Not the traders but the investors who have moneys in their TFSAs for retirement, college/university and healthcare. The traders are more than capable of dodging the bullet or making up a bit of a loss but the ordinary joe? No chance… what a friggin shame.
There was a time when my hair wasn't grey that shorts kept the exchanges honest. If a play was overvalued or was rising on hot air, the shorts would short it down to what it was worth. Not any more. Now they have no real rules. They shorted down whole countries. They have no mercy. They are the sludge in the pipes of capitalism and democracy. The problem is there is no DRAINO to clean the said pipes.
ZEN is a stellar company and in my view is not overpriced. It is a spectacular play but they shorted it down. For shame.
CAVEAT:
I have no connection to the TCC forum. If anything my feelings are somewhat negative. Not because of the Chief but because of a few who abide there.
In saying the above I believe that THE CHIEF is above reproach. The shorts have attempted to tarnish his re*****tion. Don't let that happen. I see a big difference in people who post behind their given or real NAME as opposed to those who post with an alias. The CHIEF posts with his nick name yet most traders know who he is. Dennis does not hide. I respect that in a man. It's easy to post and call people/individuals down and say what one wants while hiding behind the "nom de plume" or alias. Re read above what WARREN says.
good luck
Don