RE:RE:Chief Comment .....Look at what Zen has. Read the NR today. There "will" be more univeristy news next week. The 43-101 will come this quarMer. Nore drilling results "will" be released. Oh yeah, and the tests done so far on random samples by a US uni "indicate that Zenyatta’s high purity graphite should be competitive with the best graphite available for a variety of applications including electronic components and batteries."
So here is the thing. If you believe this is a pump job, then by simple logic, every other graphite play out there is a super-hyper pump job..
Use your brains folks. You do not get a run of so many shares on a solid NR because there is a problem with the stock. Especially when the shorters have been manipulting it down for seven straight days with no fundamental reason to do so and it is already a bargain price at more than $2 off its $5 high.
What happened today was nothing to do with the true fundamentals. Look at the trading - it was the big boys who answer to no one and have the power - and tools that the rest of us do not - to manipulate this stock for their own profit.
Do you really think it is a coincidence that Questrade and TD have now started calling in margins on Zen. Nice timing - short it below three, then negate good news and drive it down further by suddenly calling in all your Zen margins. Brilliant. Great for the banks etc, but once again the retail investor gets screwed.
Sure, the trading houses and bashers are having fun now, and the shorts, if they are smart, will have covered by tomorrow and be happy, so we don't get to burn them. But I am in this for the profit I know I will sooner or later make - not revenge. (Though you would thing the TSX V and VSE would realize they there future is now in jeopardy, and clean up the unscupulous practicies that are killing all their credibility.)
So give you shares to them cheap if you wish. Lose if you bought them at a higher price if you wish. If you own DD tells you that is what you should do, do it.
And if anyone can find any facts about the fundamental value of this company, let me know. Haven't seen anything yet but fearmongering, unsubstantiated claims and pure drivel from the bashers on this site. But hey, if you have actual facts, you should share them.
So far I see no reason help fat cats steal more cheap shares. I intend to live long and prosper