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RIP Jim B - he was a good whiskey.
Per the internet: "Jim Beam is an American brand of bourbon whiskey produced in Clermont, Kentucky, by Beam Suntory. It is one of the best-selling brands of bourbon in the world. Since 1795, seven generations of the Beam family have been involved in whiskey production for the company that produces the brand."
Advice for all my fellow friends at CZNI - certainly not naming names - but don't listen to sociopaths on InvestorsHub who live their lives hoping others suffer financial loss and spend all their time on a message board of a stock they hate instead of doing something productive - like, say, trying to actually make money themselves.
Sometimes these people are paid to do this and sometimes they have a personal vendetta - they may want to see you suffer because they have suffered.
...
Back with another PLTR video! This time on the man who DOODLED during a 2003-2004 Palantir investor presentation:
Thank you!! Why I'm so bullish: total addressable market nearly unlimited, COVID-proof, recession-proof, government-proof, $1bil+ in cash, revenues booming, predictive software and data integration will save businesses millions, prevent terror attacks, mitigate natural disasters, and make policy decisions more efficient. If Google is the sheet music of data, Palantir is the musician that plays it beautifully.
Thanks so much, man. :)
PLTR lockup period speculation - covered in my weekend video.
When will this stop!
So Chinese economy up 5%, Chinese flights basically back to pre-COVID levels...
If ZHUD doesn't move up significantly by the end of Q1 2021, I would be shocked.
I was actually coming here to say the same thing! This is not a bad thing. None of us want to sell. I doubt there are major sellers left. But there won't be any buyers unless something good comes out of the next quarterly. I'm content to wait.
Yes, I'm referring to the employees, as I'm sure you knew ;)
Time for another day of the only stock in the market where everyone gets to know what it feels like to gain 25% and then lose 50% and then gain 20% back all in one day!
I am buying a ton every day this sells off. Thanks, insiders!
I'm just joking around with ya. Hope you know it's all in good fun.
Is there any explanation for today? It just happened just because?
We looked like we were finally breaking out. I'm just bewildered.
Well. Today was shocking even for ZHUD. Probably the most disappointing day in my two months history holding. Really looked like we were ready to breakout or at least the catastrophic -20% days were behind us.
So here's my take on STWC that's confusing me when I see the endless bullishness on this board - and maybe some can point out what I'm not seeing.
What I'm seeing is a company with a stop sign on OTCMarkets.com - which would indicate they've either gone dark or are defunct.
It also has a "Warning! This company may not be making material information publicly available." plastered on it.
The Strainwise website is down and no one has heard from Erin Phillips, the CEO, since November of 2019, when they provided a corporate update about "multiple projects and divisions."
Their balance sheet is horrid. $5,818 cash.
$1.38m debt. Cash from Operations -$1.34m
I go to the SEC website. Erin Phillips filed a Form 15-12G:
"CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(G) OF THE SECURITIES EXCHANGE ACT OF 1934."
So she filed a form to cease their duty to file quarterly reports, as I would understand that one? (Could be wrong there).
From their last 2018 quarterly report, they had about $30k cash. The latest one has $5k. Quite a decrease. Their liabilities appear to have tripled from 2018 to 2020.
That awesome DD everyone keeps posting about it is from two years ago.
What it looks like to me is a company that bit off more than it could chew starting too many operations too fast.
So I'm confused - why the bullishness here?
The SSE Shanghai Composite Index is at an all-time historic region of resistance near 3200-3400 - where it has the most confluence in the history of its chart dating back to 1994.
I don't think it's a coincidence that when the index made a move from 2800 to 3200 from May to June - ZHUD also made a move from .01 to .13 - just as it's not a coincidence ZHUD was met with the all-time wall of resistance.
Until the index breaks that resistance - and I believe it will seeing as its been consolidating within an upward channel within a pennant since the financial crisis in 2007 - and seeing as China's growth story as a country dominating manufacturing continues...
Until then... ZHUD will struggle along with the index at this juncture. I expect, based on Elliot Wave Theory, for the index to break through to 4200 soon - paint a new lower high on the pennant - face another pullback - come back to 3200-3400 historic resistance and test it as support - and then break to all-time highs through the mid 2020s as China begins a bull-run.
Data shows Chinese firms will book 6% increased profits this year in their recovery as other countries face 20% declines. Combine this with the multi-trillion dollar market green construction will be and ZHUD's cash flow to last into this bull run - and you have to think patience will pay off with this stock in the next few years in a major way.
ZHUD made its move from .01 to .13 when the Shanghai Composite Index moved from 2800 to 3200. A break of 3200-3400 up to the next resistance at 4200-4400, you'd have to imagine, would mean ZHUD reaches .20 to .26 - just going off pure logic (I know OTC isn't logical, but we can make an educated guess).
Never seen anything like this before.
Congrats, Dennis!
2-3 YEARS? Or MONTHS? If months...
I have to say I may not be able to sleep for however many months that is :)
That's awesome, man. I completely agree. It seemed we were heading for sub pennies though so I was waiting there to average down from my big position. Glad it hasn't happened. Hopefully this is the reversal.
I'll attempt to call something, too: I think we're going to close really strong for once.
Traders will see the chart and will scramble to get in the last 30 minutes. Bids will raise. Asks will get hit.
If I'm wrong and ZHUD pulls a ZHUD, I'll come back and say how stupid this was, lol!
This is the longest amount of minutes ZHUD has held a gain since I bought it in late August.
Do my eyes deceive me?
Oh, nice! A 20% gain! So that means we might have a chance of closing break even today. Exciting :)
"DON'T WORRY THEY'LL BE HERE." - D
I agree here.
Southern Gal, again, making good points - but your points are most likely why the price is this low.
Anyone buying now is taking a forward looking risk on a distressed company at an extreme price.
Ah. ZHUD's casual 'struggle-for-days-just-to-get-a-2%-gain' followed by a random, easy 7% selloff. Perfectly normal, perfectly legal!
When I read tidbits like this, I know we're in the right place here, guys. We're just early. Check it out.
From Investing.com: "Chinese data released earlier Wednesday showed that the world’s second-largest economy's recovery continues to progress. The September manufacturing PMI came in at 51.5, beating August’s 51 reading, and the non-manufacturing PMI was 55.9 against August’s 55.2 - both remaining above the 50-mark separating growth from contraction.
“China has been in the lead in terms of the Asia recovery story, but there is little doubt that its recovery also helps pull the rest of Asia along in its wake,” wrote ING’s Robert Carnell, in a research note."
I have exactly $1,000 in CZNI from .0019. Not even 1% of my portfolio. So it would mostly be meaningless if I lose, but make a life changing sum of money if it works out as we expect.
The way I see it: as frustrating as it can be, the small ticks up and down day to day don't matter. I'm in this to either make $50,000 if it goes to a dime or I lose $1,000. Period. If my position is down 50% or 70% or all of it, it just doesn't matter. Just as I'm not here to see it go to .003.
You cannot be a flipper here. You CAN'T time this or when the merger will be announced. Therefore, you're either in or you're out. If you're in with a short time period in place, YOU WILL MOST LIKELY LOSE. So be cautious. Only park money you can park for a long time.
I only put enough money in that I can pretend it no longer exists. The risk-reward on CZNI, especially with the history of the man behind this merger, Conrad Huss, with updated filings, being SEC current, a merger acquisition specialist hired, etc - seems too good to pass up to me.
Another poster's common objections to the bullish case here involve what happens to the price after the merger explosion (price of past shells that ran to .11 post-merger have since crashed to near worthless) - which as others have explained time and time again, from the bullish perspective, truly does not matter.
We're buying for the history of what happens in the days following the merger's announcement. Not with the intention of holding through it forever unless YOU decide the merger announced sounds that darn good. You may decide to hold after and not take profits; to which that would be that investor's choice and therefore the investor's fault.
As well, this poster, who keep in mind is just as emotionally attached to and therefore just as biased toward CZNI as those of us who are invested in it, but for different reasons, says there is no merger coming. Could be so. But as floridaboy astutely points out time and time again; why would you hire a consultant, get current, and not do a merger?
I liken this to buying junk bonds. They refer to junk bonds as "high yield" for a reason. There are many investors in the world who make a killing buying distressed companies or shells or assets sitting in the weeds waiting to be picked up. The most money is made in these environments; just as the most is lost. It's up to you to do your diligence and make your decision wisely. It's not the stock's fault if you lose. it's yours.
ZHUD. You really did it. You made some money today. :')
"See, dad? I told you I'm not a failure."
I never said you were son.
"You were angry at me."
I wasn't angry. Just... disappointed.
OTC land has just been depressing in general for the past month. Not even sure it's just a ZHUD problem at this point.
I don't think I've ever been involved in a stock that finds ways to lose the way this one does, lmao. None of us really believed for a second the gains would last, I'm sure.
I'm at the point I'm legitimately thinking I just need to set pre-set sell orders at .12+ and never look at this stock again for a year.
Lmao, yeah, careful guys. ZHUD does not like holding gains and if it hears us happy it WILL switch to being down -27.6% for a few seconds.
Didn't even think about that - very interesting to note. Thanks for the perspective.
Yep, this is just the simple truth of the matter.
The average person buying here was looking for fast money. Someone who's looking for fast money most likely doesn't have enough money to sit, wait, and watch it dwindle slowly for months or years.
The lack of money leads to lack of patience - the lack of patience leads to declining stock price in conjunction with market makers taking advantage of the situation.
The only way to win here is risk only what you can and wait as long as it takes, never giving up on the thesis.
I've reached out to Oxys through email looking for confirmation that the company is still active and has some sort of plan to get back on track and recapture 2018 revenues in the future.
I have an extremely small position here (35,000 shares at .01 average). If they can confirm they're more than just a shell that can be merged with for their valuable research and past work, I'll start buying more.
Yep. This is a buy and hold for even more than a year if necessary. Lock it away. Daily price doesn't matter as if you're in it for 1000-5000% gains, any decline in price in the mean time is pointless to worry about.
If someone is buying it to flip or hoping to make riches overnight, then you were an idiot for buying to begin with!
Agreed.
A stock price going down doesn't mean the stock is a scam. It simply means the stock price is going down.
The company is still doing fine and operations are up and running. They have shares, too.