Post by
hdawgz1 on Apr 19, 2021 1:13pm
Be wary of Zimtu dumping their position in Zinc8
Zimtu currently still holds around 6.4 million shares of Zinc8 and don't think that they won't sell out in a heartbeat as they will still make a hefty profit on the shares they hold. They can sell off all the way down to the 8-10 cent range and still make a return. Can you?
IMO you are nuts if you are currently bidding on this stock above 10 cents as it has practically zero upside at the moment nor even long term. This stock was pumped all the way to 90 cents on basically nothing and it is getting ready to return to its real value. Zimtu will be gone and you will be left a bagholder.
Comment by
SoundGuyz on Apr 20, 2021 3:13am
What is your agenda Hot Dog? If you are so anti Zimtu why don't you spend your time bashing them directly? Why would Zimtu sell their share now when they will be able to sell at $5 or more a couple of years from now?
Comment by
DavidelZorro on Apr 21, 2021 1:42pm
I saw loads of sells by Stifel Nicolaus. Other people sold as well. There are quite a few buying orders which is nice! Zinc8 is on track so far so let's not get nervous!