RE:predawn/sotypicallonewolf143 wrote: You know that this stock is not just underpriced but severely underpriced. I admit that you are doing a good job bashing. I regret that I did not understand the effectiveness of your posts. You are doing a good job and I bought at 0.14$ and will continue buying at 0.135$
Let me know via private message (PM) if you can get the price lower.
this forum has little to no effect on share price. It would scare me if it did. The enticement and where management sees itself in June is driving the price down. (they do not feel they have a plan which could be used to re finance, or the cash to pay loans)
As i state too often, i feel it is undervalued, it may be actually undervalued, but the market can remain irrational longer than any of us can retain our solvency.
The continuation of the bull market could be an example, CAPE ratios are really high.
There last move with the enticement signals a lack of faith in their own business plan. The SP will move as a result. ZENA should not die, and return in investment can be high (new fair value based on rights ... is about 28 cents if immediately befoe the rights issue represented fair value at the time (50 cents)
That in no means means that the SP can't move lower. i thnk 10 cents is a real possibility but i also think 30 cents is near term. If they execute it could be 5-10 times that amount.