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According to TD AMERITRADE, II’s are hovering around .04 right now. It was in the .02 range for months. So some bigger buyers are at least looking at the stock. I realize it isn’t much, but it’s better than nothing!
ENZC shows a negative beta, so with a potentially deep red-market today, it could be an optimal day to release something of substance….audited financials perhaps….
Those who are mentally unstable shall be leveled-off with medication.
Pills 101
Nice. I was thinking in quesadilla form….with fire sauce!
Technical analysis would imply use of charts/graphs or some other derivative of stock performance. Thanks for the reaching out though!
Already been said
OMG ENZC is being acquired by Taco Bell and instead of shooting for the moon, they plan on bringing Pluto back into the solar system! Heard they were even trying to institute weekend bids for all of the knuckleheads looking to throw good money after bad!
I just tried to place a buy of 911 shares (pending news) and it never even registered on L2, nor has it filled- apparently you can’t even manipulate these damn manipulative market makers- fu*k!
The US is ostensibly backing the idea of removing vaccine/therapeutic patent protection…..
Why wouldn’t it be!
That would be epic!
Haha! The potential “buyer” is actually Clorox or some other company that was recently double-downgraded! Soon the cure-all will be a bleach-flavored pill!
Sometimes people don’t want to hear the truth, because they don’t want their illusions destroyed- Nietzsche
I have shares, but they’re underwater. Today is showing a nice little uptick, but I’m still not convinced that your prediction is indicative of a reversal. Time’ll tell!
Save your money. You’ll have a chance in the low 30s or high 20s. Technicals may not always apply in the land of OTC stocks, but the value here is absolutely incommensurate!
It’s ok, I could use a good write off!!
If it goes that low it might not stop! At the same time, I’m considering the idea of selling half my position now and doubling-down in case it does venture into that territory!! Damn OTC swampland!!!
This is starting to get into dangerous territory- a Fibonacci retrace of close to 67% is looming on the horizon- yikes!!
Haha, agreed! It was just an expression though!
Everything Mark touches turns to gold- I pray we can get within an arm’s length of his universe!
Speedy recovery, Slick!
That centerfold photo though...
Well said! I’m not exactly in the same financial boat as you, I’m younger and essentially viewed this as a potential way of paying off my $300k in student loans- CHECK!
It was hard to watch my account jump over 7 figures and not actualize profits, regardless of giving Uncle Sam his exorbitant share, but alas, I pulled the trigger and certainly am not second guessing myself, at least given the current share price.
I recently bought back in and now have an average of .2018, with significantly less in total shares of course. This is where I am questioning my timing of re-entering. If I wasn’t such an addict I would have walked away, but they keep pulling me back in!
There is definitely merit to what you say in the first paragraph. For example, look at Viacom. Yes, they are a well-known, big-board stock, but their fundamentals did not suggest a run up over $100 was sustainable. Now we know what the deal was with Archegos. Buy when there is blood in the streets.
Gordon Gecko said it best, “it’s ugly times ugly out there. And this is when the ugly get going!”
Audited financials and up-listing should already be priced in. A HUGE name in the bio-sector really needs to get behind this, or it will inevitably succumb to Big Pharma and their never-ending desire for revenue streams directly related to the sick and unwell.
I’m sorry if that isn’t the idealistic narrative that everyone (including myself) wants to see happen, it’s just pragmatic and realistic, unfortunately! When it comes to gambling, which until this proves it isn’t a pump and dump, never invest with your heart. Be smart and at the very least ride free shares if possible.
Some people don’t understand that taking profits is a good thing, especially when the stock was pumped up with nothing to substantiate it and provide a solid foundation. With that said, it is exactly why it crashed back down to the teens. It seems that most folks on here don’t understand that paying 37% of one million dollars is better than paying 0% of zero dollars, if god-for-bid, the worst happens. If you hold out for long-term gains and are fortunate to only pay 20%, good on you, you made a better play than some; guessing that most OTC stocks don’t workout so well in that regard!
Until something massive happens, this trend will continue and it will be the predominate way to make money off of ENZC.
Money can’t buy happiness, but it’s damn handy to make change with!
That’s a lot of shares- oof!!
Sounds like a realistic price range- not too high, not too low- very pragmatic!
I often wonder if there is a lot of truth to this!? I’ve been saying for quite some time now that a buyout is probably the optimal solution for ENZC, simply based on a cure-all never getting to market.
Based on what you’ve stated, I’ve been keeping an eye on L2 and market maker VNDM has had the same bid showing for almost 2 weeks now at .16 for 5,000 shares. Obviously this is pure conjecture, as OTCX is showing .8 on the sell side. Not gonna lie, .16 seems like a great entry/re-entry point and if I’m not mistaken, there is a gap somewhere around 16-18 or so....just saying!
Just so we’re clear here, I do believe there will be a fairly nice uptick in price in the near-term. However, it’s just really difficult to believe in a cure-all ever making it to market. Best bet is a buyout. If you see a buy order coming in for $111,111 after TD’s $6.95 fee, that’ll be me!! Quick flip and out- I’ll gladly pay the tax on realized gains vs holding out hope- but that’s just my strategy here and certainly not financial advice!!
I read everything. That’s why I have been able to make money going up, as well as down. I might buy back in, but I’m not in much of a rush for a forward-looking market where audited financials should already be priced in.
Thanks for thinking of me, slick!
There is ZERO fear right now! If there was actually fear of missing out, buying would be off the charts. Without any real catalyst, this is definitely going to bleed out!
I believe people use Fibonacci Retracement levels in their technical analysis, but as to how that may apply to a 70% beat down, I definitely can’t answer that one!? Maybe someone like Gypsy can shed some light on the subject.
It’s basically down 70% since the high- that’s far more egregious than 50%, but regardless, both figures are disgusting for a supposed cure-all stock!
All great qualities and characteristics to possess- kudos!
You could be right, and maybe {hopefully} they will up-list further in time, or allow a buyout provided their tech is used for good and not black-shelved!
I agree with what you say regarding trend-analysis. I use that everyday in the realm of fantasy sports, but it is much easier in that endeavor than on the OTC. So like you say, each to his/her own- do what works for you!
What I find most interesting is that so many people only listen to one side of the story and apply that to their own personal narrative- not smart. A true sign of intelligence is knowing you’re not always the smartest person in the room and I am not when it comes to speculative plays- far too much emotion which renders me as unobjectionable. However, I do have an MBA and a PhD, so I tend to believe I have some level of intelligence and credibility in my chosen fields and clearly an MBA helps me understand certain caveats here. That does not mean, however, that people should listen to everything I say, as that too would not be a wise move.
I’d love nothing more than infectious disease to become void in this world and to see everyone invested make a killing. But again, a learning opportunity is here for people to truly listen to both sides of a story and proceed forth knowing they possess all of the information available to them, even if it doesn’t jive with their way of thinking. Your info will help in my daily trading capacity, as it does lend a hand to the oft-elusive 10,000 foot view!
Thanks!!
I agree that SA is garbage, but I think it’s very apparent that the major spike in share price was based purely on hype. Given that it retraced to such an extent, it had zero support to be at such a level. When it was climbing like it did, that would have been an advantageous position/time for the company to release some sort of substantial news, and said information would have provided that much needed support. Since it didn’t, it became one of the easiest stocks to short.
With that said, I do believe the price is not commensurate with any inherent/intrinsic value it may actually have, but we need something more than rehashed press releases claiming to have found immutable sites. Anyone can file patents. We need substance and to get the hell out of this shithole of a market.
I’m not sure a forward-looking market cares about audited financials after that information was given to MMs. Buy the rumor-sell the news.
I also find it highly intriguing that ENZC was supposedly asked to apply for NSF/NIH funding, yet they have not received any. If they really thought that they had the cure-all (which will never get to market) one could surmise a jump to NASDAQ would’ve been more appropriate. But no, they chose to go the suboptimal route and play in chaos! For such a brilliant management team, that is arguably a not-so-brilliant move!
What say you, Gypsy?
Stop with all of the chart analysis and these so-called technicals. This is the OTC and there will always be heavy manipulation for as long as management allows ENZC to stay here. That is the only true lesson one can learn from playing in speculative stocks.
Not sure how much of a lesson this is, but your conviction is par-excellence!
Interesting comparison! Given that I just finished my PhD in Sport Leadership, and recently completed a dissertation on the topic of Competitive balance in Major League Baseball: A comparative, socio-economic study of small, medium and large media-market organizations, don’t ever compare a stock to a sports’ organization. Far too many teams that are rockstars on paper fail to do anything substantial. You can spend all the money in the world and not win it all, as there are too many variables in play with sports- especially in recent times. Regarding ENZC, they have an amazing management team, but the market clearly does not feel it is worth remotely close to what this board’s commensurate value is!