NZJ Holdings Inc (NZIH)

[learner1156]

I am out. Reasons below for those who are interested.

1. I have been burned too many times to not take a profit when it presents itself.

2. I don't expect the low float situation to continue. The rest of the 600,000,000 A/S will eventually hit the pipeline, and when that begins, I don't expect the pps to hold at these levels, either.

3. The market in general is horrible - 2 years ago IMO this stock would have gone to .40 instead of .22 (which it couldn't hold for long). Let's face it, the company needs money, and unless I calculated incorrectly, I don't think they can support a market cap of $.20 times 600,000,000, or one hundred and twenty million dollars.

I wish the best of luck to those still in, and I hope it runs higher for you.