Post by
tedliverman on Jul 18, 2011 2:09pm
ZMGD start of the WEEK
Last news from ZMGD “management announces steps to reducethe number of outstanding shares by 2.2 billion shares”.
IMO for the long run this could just boost the share price,and this is a very smart move. PPS is +8%, volume is around 1M and the avg volis around 4M so we need to see some more activity from ZMGD, I can freely saythat is a slow Monday for the company, but never the less we got the whole weekand still the indicators are good and saying to HOLD. High hope for thistrading week. GLTYA
Comment by
stock.angele on Jul 18, 2011 2:38pm
I like the moves that their management pulls, hope that they will do even more for these guys to boost them into the penny land, what do you think?
Comment by
tedliverman on Jul 18, 2011 3:21pm
Green week i think overall.
Comment by
bbspartan on Jul 18, 2011 3:53pm
What do you think are there any chances for ZMGD to overcome 2nd resistance?
Comment by
stock.angele on Jul 18, 2011 4:15pm
IMO buying pressure will come with in few days, if you ask me buy and hold there is time for reaching 2nd point
Comment by
morganagordona on Jul 19, 2011 11:41am
ZMGD is green at the moment, tho news would come in handy!