Enzolytics Inc (ENZC)

[foxi]

ENZC has talked a big game and systemically underdelivered. I won't rehash the list, because we all know what's on it. I think many retail traders are waiting for an obvious loading zone, or any one promised milestone to finally hit, before they hop back on.

Saw this on stocktwits earlier and it summarizes the sentiment pretty well, in my opinion. Read past the hyperbole and look at the gist of his argument.

$ENZC This company has lost it's credibility with MOST investors due to constant pushed back milestones, can't complete an audit and want to blame it on every auditing firm in the world instead of what the truth is, continuing lies and misconceptions, nobody trusts this anymore....it is 100% DEAD MONEY and with the bloated share structure people will have PLENTY OF TIME to get back in IF any REAL NEWS ever comes out. (source)

It's a short sighted point of view - but when there's money to be made elsewhere, many retail don't want to risk holding bags for years.



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