RE:InterestingActually, you're getting an equal deal. People buying ZENA today are not elligible for ZENA.RT. Read the disclosures. DO NOT SELL TODAY ZENA holders, wait a week. The banksters know this will pop but they want to do a final "rape of the clueless retail".
Think about it, do market players (the bears/shorts/bashers here) want to be short ZENA when it will announce its biggest production month? No, they are on a mega bash to shake out the last hold-outs.
If you feel like puking, it's "capitulation" and the reason traders like me are here. We make money using charts and oversold conditions. The ZENA.RT angle is something I love because I might be able to accumulate cheap RTs on the back of the clueless.
So DO NOT BE SURPRISED to see a run to nice highs today. If I was a short, I would rather cover now rather than deal with the rights conversion being short.
Longs (real shareholders) holding the stock just need to hand tight for a few weeks and see their ZENA.RT climb up as soon as the deep pockets arrive and, which will raise up the common ZENA
HOLD! There is NO urgency to trade if you are an investor. This is the WORST time to sell. You help the shorts cover at the bottom and they are the ones that pile-drived this.
Patience longs, patience. If I could short penny stocks as retail, I might be tempted to sell here and buy back on a mega dip to 15-20 cents but that would be too risky for my style and I think it's going to be crowded for the shorts. If all longs hold on to their ZENA.RT, price action will be fabulous!