Wednesday, August 12, 2009 4:17:12 AM
I am unhappy that 3M shares was paid to PCS, "PennyStockChaser.com has been compensated by the following companies for their profile: ZENG: 3,000,000 shares free trading by Third Party"
IMO, that's too many shares and it seriously undermines my confidence in Zenergy.
I'm happy that they followed through with the AS reduction. It's great confirmation... However, investors will remain flighty and impatient UNTIL tangible news comes. The AS reduction is significant and it may attract more interest. But the bottom line is that this is still a fragile market where MOMO is king and investors won't wait very long to move on to the hot new hype.
I'm still excited about the talented Zenergy executives and coming news on progression. But this, "PennyStockChaser.com has been compensated by the following companies... ZENG: 3,000,000 shares..." really bothers me.
I think a lot of the price depression today was on acknowledgement of this. Perception is entirely driving the PPS right now and I think my sentiment is shared by others which drove down the PPS today even though buys outpaced sells.
At first, I believed that today's PR will cause a turnaround. But after more consideration of the 3M shares... I'm downtrodden. I'm not sure that kind of news is sufficient to cause a turnaround. It's significant, but it's not funding news or plant production news or profit news. I am interested to hear more about Fins and possible uplisting but even that pales in comparison to what is really needed and what many here will probably be too impatient to wait for.
Then again the fins could show something that is meaty. Maybe their promise/threat to be completely transparent is something to consider carefully before selling out of fear. But I just am not sure that the wearwithall of the typical influential trader of today will really weigh too much of this potential. This egg only has the potential of becoming the chicken that everyone actually wants. The chicken must come first.
IMO, that's too many shares and it seriously undermines my confidence in Zenergy.
I'm happy that they followed through with the AS reduction. It's great confirmation... However, investors will remain flighty and impatient UNTIL tangible news comes. The AS reduction is significant and it may attract more interest. But the bottom line is that this is still a fragile market where MOMO is king and investors won't wait very long to move on to the hot new hype.
I'm still excited about the talented Zenergy executives and coming news on progression. But this, "PennyStockChaser.com has been compensated by the following companies... ZENG: 3,000,000 shares..." really bothers me.
I think a lot of the price depression today was on acknowledgement of this. Perception is entirely driving the PPS right now and I think my sentiment is shared by others which drove down the PPS today even though buys outpaced sells.
At first, I believed that today's PR will cause a turnaround. But after more consideration of the 3M shares... I'm downtrodden. I'm not sure that kind of news is sufficient to cause a turnaround. It's significant, but it's not funding news or plant production news or profit news. I am interested to hear more about Fins and possible uplisting but even that pales in comparison to what is really needed and what many here will probably be too impatient to wait for.
Then again the fins could show something that is meaty. Maybe their promise/threat to be completely transparent is something to consider carefully before selling out of fear. But I just am not sure that the wearwithall of the typical influential trader of today will really weigh too much of this potential. This egg only has the potential of becoming the chicken that everyone actually wants. The chicken must come first.
