OTCPK:CNZCF - Post by User
Comment by
Str8Shooter88on Feb 06, 2017 1:40pm
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Post# 25805435
RE:RE:RE:RE:Spin off.....
RE:RE:RE:RE:Spin off.....There is always a seller. Or else the stock price would never move. Its not hard to sell cnz and then day trade another stock that is moving and then take profit from it and dump it back into cnz on the ask at a time like this. The float is low, yes but it's not hard to buy or even put a bid in a couple cents lower and wait for it to it it. Done it a million times with cnz.
dart321 wrote: I agree you are 100% correct and I believe that is exactly what is happening right now here and some of the time it will work. The monster thing here is the float is so small, the stock has been sitting here for some time cleaning up. They are the only ones selling. So when they try to buy back who is going to sell to them. The people that are accumulating have no interest in selling back to them. Myself and a few others that I know are accumulating. We are not going to give the paper back. I guess that is what causes spikes in the share price. It's people like them trying to buy back in. jmo