International Zeolite Corp. V.CNZ

RE:RE:What a junk company

[chartist848]

Why would you average down on a company whose SP is dropping on a daily basis? Don't throw good money at bad. You're likely best to take the loss and invest in a company with upward momentum. 

In cases like CNZ, you need to consider that there is selling pressure every step of the way back up, from the previous buyers also wanting to get back to break even. 

If CNZ doesn't hold here around $0.70, it could conceivably reach $0.40, its next level of support. Be prudent.