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Alias Born | 02/08/2014 |
Monday, April 16, 2018 8:49:41 PM
If you look at the part of the day when the price was taken down, you'll notice that it was very near the end of trading normal trading hours. Like I said in a previous post, the MMs walked it right down to the line - but wouldn't cross it. Then when they crossed it, the time was not good to release a PR because it would have benefited those who have the ability to trade after hours and in early trading tomorrow, before it would have gotten around to the average trader. (I do trade after hours and in early trading) Zion might have held off on putting out a PR at that time in order to protect their average investors.
So tomorrow we'll see what Zion decides to do. If they release a PR right at or right after the opening bell - well there you go. Or they might see if it is going to be taken up back to a line that is tolerable. But at or near the beginning of a trading day, if a PR is put out, I believe it would give everyone a fair chance to respond.
I personally hope that the price is taken back up to a level that is tolerable and that the PR not be put out yet. I would like to continue trading ZN and gaining more and more shares before the BIG NEWS comes out.
I would also like to see the MMs short the daylights out of it, and then when they are ready to tank it in order to cover - that be when Zion puts out the BIG NEWS before they've been able to cover. That would be awesome!
ZN $$$$$$$$
In my humble opinion. Be responsible for your own decisions.
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