GREY:ZMSPF - Post by User
Comment by
Dojitrader15on Jan 27, 2017 6:44pm
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Post# 25766314
RE:RE:RE:price
RE:RE:RE:price
beagleboy1 wrote: I'll have to disagree on venture and tsx stocks...this stock should go up on the story...I have followed this stock for years,and their knock has always been-no decent size contracts...starting to finally gain some traction,and look at the price! Crazy cheap!...I can only speculate as to why the price is being held down...1-flippers,which means it will go up shortly...2-a possible financing with SCI or someone else to secure development costs for PET(can't figure out if SCI has taken a direct equity position)...3- a possible short by a company in North America OR Asia to enhance their ownership stake (will not be specific)...4-insider sales(have not seen)...5-fund liquidation,R.Mc. has held this a long time,and if you look at the chart over 5 years,wouldn't you have sold,with all that volume on Wed...probably ordered to sell,with the shellacking he has taken...these small companies take a long time to get sizable contracts,with all the research,development,sales,etc.,costs can really weigh on the stock price...6-retail investors scared sh#tless,moving 10-20% in a day...7-a problem with buildout...8-a short by a small outfit (trading company) on Wed. at or near the top, and with flippers you get double the carnage
These are all speculations,but at this time,with obviously more penetration and activity in the markets they serve,and ESPECIALLY the EBO contract,this stock is worth more...I have seen this too many times before....we shall see...I think # 1
....or the price gap simply had to close....to which it has now. One only has to look at a weekly candlestick chart of the stock to know where it is going from here.