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Sunday, June 20, 2021 9:33:37 AM
After watching L2 more carefully once we hit .31 last week, it got shorted and walked right back down (along with some retail profit taking). The buys were there to take it higher. It wanted to run. But they wouldn't let it.
I'm with Maga in the belief the MM's are currently in control of this stock. I believe this stock is being shorted endlessly for some reason. Anybody's guess what the reason is.
Every time this stock wants to go, CDEL puts an Endless bucket of 2500 shares on the ask. Then, the tag team starts with a couple other MM's. Also, the pattern of the walk down last week looked more like an algorithm kicked in and didn't let up.
We did get a brief glimpse of how this stock wants to run up on Thursday when they let it go for a brief period of time. Then they walked it right back down.
To my untrained eye, the walkdowns look too symmetrical and coordinated. to be 100% retail. Like they are laddering it down. Constant price pressure by undercutting prices. But that's just my take.
Upon reading lots of information and opinions lately, it looks like ENZC is not getting the recognition it deserves with NIH, CDC, Big Pharma, etc. and they are fighting to be heard/relevant.
There's a grass roots effort growing daily. That along with more prominent folks spreading the word and finally a bomb PR are going to have to happen to see what the true value of ENZC is.
In the meantime, my shares are locked up and I'm playing other plays while we wait.
Recent ENZC News
- Small Cap Recipient of Military Drone Technology • InvestorsHub NewsWire • 11/20/2023 01:14:45 PM
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM