InvestorsHub Logo
Followers 42
Posts 1152
Boards Moderated 0
Alias Born 03/24/2021

Re: God_Father post# 160785

Tuesday, 09/27/2022 7:52:09 PM

Tuesday, September 27, 2022 7:52:09 PM

Post# of 198928
Outstanding post, God_Father. Interesting theories.

I've had some buy orders placed above ask that filled at lower prices. As a buyer, I thought my broker was cutting me a break! I didn't consider what would happen if brokers didn't marry buy and sell orders right down the middle.

I've also twice had sell orders slightly below bid that didn't fill, or only partially filled. (In a hurry to cash out before a cliff drop.) Kinda strange to just watch it sitting there when volume is happening and people are trading higher than my sell. Switching to market sell instantly got me the bid (yay for me).

The Sept 7 2022 date could indeed be arbitrary and not indicative of recent conversion activity. An unlikely-but-possible scenario is ENZC used its own bank of shares to pay Livingston instead of increasing O/S. At any rate it's clear O/S hasn't moved much this year so there isn't more than 32.5 M shares of new dilution.

As Dyno stated very well in his post, and as others here have expressed, ENZC has its share of missed marks that surely play into the sell pressure we see currently. Other OTC tickers may have similar chart patterns, but many of those companies are in depressed industries, aren't disruptors, are known diluters, have a ton of toxic debt, etc. ENZC of all pinks is in a hot sector and has the partnerships, tech, and vision to go places - it's hard to see it as a victim of bad market trends/manipulation.



.

Sometimes I edit my posts in the first 15 minutes. Refresh for the latest.