Zenergy International Inc. (ZENG)

[cta751]

I was out most of the day and didn't get a chance to watch. We didn't have the best of days today for sure, but I have noticed a couple things. The first is that we should be either at bottom or close to bottom here IMO. We are at about the same level we were at before all the pumpers came in with the wild rumors and hype. IMO what pushed us up over .01 so fast was many of the rumors that were floating around and many hyping those rumors as truth. What pushed us back down was the fact that none of those rumors materialized in the short time frame that most momentum players require and the sell off began, this combined with profit takers resulted in more sales, which resulted in some making panic sales to only add fuel to the whole mess. All this combined with three straight days of the market's going way south didn't help matters any.

Where does that leave us at? Well we know the company has a great product and we know they are selling that product. We know the company is still looking for or finalizing hiring of a new CEO. We still haven't gotten word from the AJA conference. We also know that the company isn't going to just issue a PR for fluff. It sounds like they are doing their job as best as they can with what they have and I take that as a positive sign. We came from .0005 to over .005 with no news except that the old CEO is gone. Nothing has changed here IMO except that we got a taste of what this stock is capable of and that is a good solid run. I still believe when the time is right we will rise again and rise above the last runs highs and do it on solid ground not just hype. I still believe PDGT is a solid long term play and still believe that when news of sales and a new CEO is released we will recover and most likely do it rapidly. Many are still watching as boardmarks are still high, I take that as a sign that many believe this is far from over and the stock is far from done. I encourage everyone to research the company and draw their own conclusions and only give credit and attention to those who make statements based on fact whether they be good or bad then make a decision to buy or sell.

GLTA and here's to a positive week next week.