Enzolytics Inc (ENZC)

[foxi]

I agree with most of your points, thanks for responding! Glad you like the charts as well! :)

To some extent I imagine CDEL and others trading against ENZC to artificially push price down. Sometimes they may also be acting on behalf of another group of shareholders who all want to buy or sell? (eg retail from Ameritrade or Fidelity or Robnhood or eTrade, funneled through CDEL by those brokers) These walls we're seeing aren't necessarily manipulation, more likely a herd of investors all making the same moves. That said, if CDEL et al can take endless pools of money and cash in on short sales, it's no difference to them if price goes down instead of up.

What worries me is ENZC's price performance matching up with other penny stocks that are known for dilution. Was asking around to see if anyone had anything more solid than hearsay that ENZC doesn't dilute, so I could hopefully rule out that possibility. We were due for a cooloff after that recent bull run, but I'd expect price to find its way to the established support line near $0.20, right between the $0.10 low and $0.30 high. Red candles were getting pretty small on Friday, so we'll see what happens at market open in six hours!

ENZC is a disruptor, I have no doubt that price will be up in the future.