Abound Energy Inc (ZAIRF)

[luisWinthorpIII]

I notice today

The bid and ask are set pretty far apart with the price in the middle (more closely hugging the bid side). I think they might be trying to enforce the stock price to stay in that mid .40 area for now by pegging ask at .60. I notice the article stated they are going to close the offering on the 24th of February. So I’m thinking the price will gradually get lower as we approach the 24th and come March it may bounce back into the he 50s and 60s and maybe even higher because I think there are warrants that expire in March which will also likely force the price higher as people start exercising their ability to execute their warrants. In fact, this is exactly why the stock raised from the 30s to where it is now....same pattern.

So if I were you I’d try to buy 33% of your allocated funds for Zinc8 at the .455 bid right now, Then wait and see if you can keep buying 33% more at a time - where every Monday till the 24th, you get up in the morning and put in a buy order at Mondays bid price, and if it doesn’t take, just try again the next day. And if it does take, wait till the next week till you buy 33% more. But if I were you, I’d at least try to get in fully or partially loaded by the 24th.