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Too many sellers. No buyers. Be lucky to hold 16.
It will be awhile before if ever this moves back over 2.
Unfortunately I didn’t sell higher.
Thought the Xu’s were different but they are just the same.
How? AS 400 million per OTC in Jan 2019. What is OS?
Doesn’t make sense. Nothing with this company makes sense.
Typical OTC.
It will take a lot more volume to move past $0.02.
I just don’t see it closing above 2.
Nice recovery though.
If true then that explains drop. Not good.
People say the same thing on all of these boards.
Don’t trade penny stocks expecting immediate news or filings. It just doesn’t happen that fast.
It will take months if ever in my opinion.
There will be no news. Saying things will happen if and when filings or news come out is just desperation. You might be waiting a very long time in penny land. The stock price will suffer. To say charts don’t work in penny stocks is just stupid.
Smart move. The pending news and updates took too long. Wish i sold like you.
Not a good buy at $0.02. Should have listened and you would have saved some money.
Is this the final dump before the pump?
This separates the men from the boys.
Was this all hype?
Time will tell. It might recover. It might continue to crash.
Place your bets folks. The wheel is about to spin.
No way he does it. He will place it at $0.015 or lower.
No way it holds $0.02. Lucky if it holds $0.015. Going back to $0.01 it seems.
No. The selling was technical. Likely MM who know how to read charts and play the game.
A real company in these situations recover quickly and then the upward movement continues.
If movement was due to hype and fluff then we continue to drift lower. Time will tell.
Now watch it form a descending triangle with base at $0.02. This is due to lack of interest in the buyers and sellers trying to preserve capital. There will be no push upward until we have some type of catalyst. The hype has been played for as long as they could. Now we need substance otherwise......
Not prediction. I just looked at the narrowing of the symmetric triangle formation and realized that the stock had to move either up or down. Without news it was logical that it would move down. Look at the 1 hour chart and you could easily see what I saw.
I have NOT sold a single share yet. Still have some profit so I will see where it goes. But my trigger finger is getting very antsy right now. I don’t like what I see or how it has been trading.
But why fund their investment in Aeroponleaf with their own money? Why not use free shares from ZMRK, sell into the hype, and then place the easy money into what will be a very profitable business. This happens all the time.
You are wrong. The chart is broken. At least for now. It will need to find a base somewhere and then consolidate for awhile before it moves again (if it moves again). If it can somehow hold $0.02 then I would be EXTREMELY surprised.
Do you think ZMRK insiders were selling shares of ZMRK into the market to fund their investment in Aeronponleaf? That is the only thing that makes sense.
David.
I don’t think that would be wise.
It should be very clear to everyone here that the Xu’s are individual investors in Aeroponleaf. Aeroponleaf will not merge with ZMRK. The stock is down due ridiculous expectations of this merger similar to those unreal expectations regarding merging with Hanergy.
No way we hold $0.02 today or this week. Where will the base be if it doesn’t hold? You better hope $0.015.
Too long wait for news or share update or financials.
The base here as you say only constitutes maybe 3%-5% shares outstanding.
The breakdown today is technically a very bad sign. We will continue lower and move below $0.02.
How low do we go depends on how aggressive the dilutors want to sell.
David.
Who says charts cannot predict?
David.
Symmetric triangle formation starting on April 12th. We have bounced off lower trend line several times and found resistance at the upper trend line from high $0.03. Breakout (either up or down) should occur either later today or tomorrow.
Watch closely. Confirmation of the breakout should also have very good volume. Time will tell.
David.
Then it must be true.
News will be out this week.
Zmrk on its way to $0.04
David.
I heard that news will be out this week!
Source: my barber’s son-in-law was told by his mailman who heard it from his broker who plays golf with the brother of one of the Xu’s. Lol.
Believe only when you see it.
David.
Yep. He realized the pump was over. The news were fluff. Doesn’t make sense.
He moved on to the next pump.
Don’t expect any 10k soon.
This happens quite often in OTC land. If it’s too good to be true, then....
David.
Hit what? Does anyone know what he is talking about?
If so please enlighten me. Ty.
You are right.
Expectations are unrealistic and unattainable.
I believe that the Xu’s are investors in Aeroponleaf independent of ZMRK. Xu will help Aeropon list either on a Canadian exchange (which makes the most sense to me) or on an American exchange.
Somehow ZMRK has an agreement with Aeropon of which we do not know yet. But merger Likely not.
Is the stock still cheap at $0.0235? Maybe. But we need further information.
You actually need us here to keep you guys grounded.
It is always prudent to look at every angle. It would be wise to look at the negatives and not just the positives.
And don’t be ridiculous. I don’t drink coffee.
Great stock price movement over the past 1-2 months. Amazing actually without specific news.
I guess we wait for what they have going for this company. Must be good.
David.
Sorry but no way. Not today.
I am almost certain of that.
But, anything is possible but don’t count on it.
Next week is a new week for trading, guessing, hoping, and praying.
David.
Really? I think there is no value in this stock and seeing it move below a penny for good.
But good luck trading to you. You will need it on this one.
Highly unlikely. We will be extremely lucky to close anywhere near $0.025.
I am expecting a close near $0.02 to $0.021.
Just a guess but trading looks weak. People will sell into Friday’s close for beer money.
David.
I actually disagree with you on this.
Without proof, I believe the Xu’s want to be part of the first Canadian-China cannabis company.
I will let this play and and risk my profits. The stock keeps holding up better than expected.
I believe it will take time but the breadcrumbs are leading to a full course meal.
Jmo.
David.
We hope you are right. Anything over 250 million and the stock price will likely suffer.
When will they update the OTC? That is the major question for now.
Why do you think I need to dump any shares?
Like I said before, I am perfectly fine waiting this out. It might take many months but that is fine.
Just FYI. If I had to sell my shares for whatever reason, then this stock would easily drop to $0.015 or lower (and I would still have a nice profit).
Better do it now. That Etrade sell is anxious to get out. Likely will sell into market.
My opinion, we are going to retest 2 today. Will it hold?
Good volume this morning. Maybe FINRA has changed their mind.
Maybe we should buy in anticipation of great things to come.
Lol.
Volume too low to sustain mid 2’s. We will likely drift lower until new investors or some catalyst occurs.
selling into bids will start to increase. We will need to find support at 2. Otherwise....
David.
You must not trade penny stocks or OTC stocks that often.
It wasn’t advice but just a statement on why people might be selling at current prices.
Things can change in a second and we will be the last to find out (if ever).
I would have sold 1/2 my shares by now but I guess I feel that something big is going on here and I want to enjoy the ride. Time will tell whether we made a good decision or not.
Lol. Since my average cost basis is really low I haven’t been down that much.
I have the patience and balls to let these small price swings not affect me unlike some people here.
When it starts moving by nickels and dimes then that is when the excitement and nerves start.
Until then I read this board with amusement.