Bashers in a nutshellFor the record: I do NOT believe cmj1966 & mydog a paid bashers, I believe they bashing and manipulating facts about the stock for their own interest, believing they could shake some to get it cheaper. I do believe however that they are sore losers
cmj1966: He said he bought at $2 and bought again to average down, and then finally he took a loss and sold at 6 cents in order to buy again at 2 cents.
Mydog: If you read between the lines he is guy (cmj1966), but under this identity, mydog preferred this stock as trading position believing that it is manipulated by its own management. So each time it goes up, he is expecting it to sink deeper to a new low. So, he sold at 6 cents.
What happened: More sales, much less debts, lower interest rate lead the stock price to go up to 12 cents, and it is being manipulated heavily to keep it at this level. The volume keeps getting smaller at this price, which is a good indication of an uptrend. Shortly, people would wish they got in at 12 cents.
Merger: Business merger is a must, not just for ZENA, all this sector needs to do multiple mergers to stand strong. No one is allowed to plant in the US until it is fully legalized. So, the logical action today is to merge strong for a better future entry to the US. Today ZENA has the farms and huge amount of inventory, which should make it a good candidate to both Canadian and US players.
Future: The stock is lining up to be priced at few dollars per share, patience is a virtue.