Saturday, January 16, 2010 12:14:47 AM
When people ask this, it is always interesting to see how they answer, because it is a lot like asking the results of a sports game.
There have only been two sports games I have ever bet on - and I bet $1000 on both.
(1) Superbowl XXXVI, when the Patriots were 17 point underdogs to the Rams. 17 points?!?! I had been following the Pats on my fantasy league (I had Brady, the Patriots defense that no one talked about), and I knew they were not likely to lose by 17 points - and they might even win.
(2) Superbowl XXXVII, when the Bucs were 4 point underdogs to the Raiders - and the Bucs had the Raiders head coach!!! Are you kidding me?!?! And they are the UNDERDOGS?!?!?! Are you kidding me?!?! This was a no brainer. I was broke that year (from my divorce), but I BORROWED a grand to make this bet.
I share this because it reminds me of ZVTK. These bets were "no brainers." The line is based on betters' opinions, and public opinion was SO WRONG on these games that I took advantage of it to make bets that were as close as I was ever going to get to a SURE THING.
There are no sure things in sports betting, and there are no sure things in the stock market.
BUT......
ZVTK going to .01 is pretty close to a SURE THING as you are ever going to get in penny land (and probably significantly higher in the next week). In fact, if enough interest is created this 3 day weekend, it may START near .01 on Tuesday. I would not be surprised.
.02? I feel confident it will get there - but I doubt in a single run. MY PREDICTION, which is as good as me predicting in sports, is that it will go to the .015 area before it dips and makes a new "support" which will hopefully be higher than the .0075 support it current has (although it broke support with the panic today).
I am hoping it's new support would be in the .01 to .012 range.
Where do I think ZVTK will stop? Who knows. I don't anyone has a good grasp of it.
Smitter said it best with that little chart:
.01 = No brainer
.02 = Expected
.008 = Unacceptable next week.
I think you should minimally expect to come close to doubling your investment this next week, and if you want to go long, it is not unreasonable to expect to triple it OR MORE by February.
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You can expect the following support from ZVTK...note the TIMING.
1. On Monday, they will start their ads. (1/18)
2. On Tuesday morning, there will be a PR discussing the ads
3. In the following weeks, (say 1/21-1/26)there will be a PR discussing how SALES ARE GREATER THAN EXPECTED (which anyone can say - since no one really knows what they are expecting). They will not come out with a solid report.
4. In early February, they "may" release a January sales report...or at the minimum, a PR on January sales figures.
These should all bolster stock prices...and there will be dips in between.
All of this is me PREDICTING, and trying to predict in pennyland is like trying to herd cats. It can be done, but it ain't easy.
And you should be prepared to expect some damage.
ZVTK is no exception - and today's little "storm" caught a lot of panickers (who I feel badly for...but their loss was my gain, as I also bought up their sold shares).
Long explanation. Sorry to bother you with it - had fun writing about it, though.
There have only been two sports games I have ever bet on - and I bet $1000 on both.
(1) Superbowl XXXVI, when the Patriots were 17 point underdogs to the Rams. 17 points?!?! I had been following the Pats on my fantasy league (I had Brady, the Patriots defense that no one talked about), and I knew they were not likely to lose by 17 points - and they might even win.
(2) Superbowl XXXVII, when the Bucs were 4 point underdogs to the Raiders - and the Bucs had the Raiders head coach!!! Are you kidding me?!?! And they are the UNDERDOGS?!?!?! Are you kidding me?!?! This was a no brainer. I was broke that year (from my divorce), but I BORROWED a grand to make this bet.
I share this because it reminds me of ZVTK. These bets were "no brainers." The line is based on betters' opinions, and public opinion was SO WRONG on these games that I took advantage of it to make bets that were as close as I was ever going to get to a SURE THING.
There are no sure things in sports betting, and there are no sure things in the stock market.
BUT......
ZVTK going to .01 is pretty close to a SURE THING as you are ever going to get in penny land (and probably significantly higher in the next week). In fact, if enough interest is created this 3 day weekend, it may START near .01 on Tuesday. I would not be surprised.
.02? I feel confident it will get there - but I doubt in a single run. MY PREDICTION, which is as good as me predicting in sports, is that it will go to the .015 area before it dips and makes a new "support" which will hopefully be higher than the .0075 support it current has (although it broke support with the panic today).
I am hoping it's new support would be in the .01 to .012 range.
Where do I think ZVTK will stop? Who knows. I don't anyone has a good grasp of it.
Smitter said it best with that little chart:
.01 = No brainer
.02 = Expected
.008 = Unacceptable next week.
I think you should minimally expect to come close to doubling your investment this next week, and if you want to go long, it is not unreasonable to expect to triple it OR MORE by February.
----------
You can expect the following support from ZVTK...note the TIMING.
1. On Monday, they will start their ads. (1/18)
2. On Tuesday morning, there will be a PR discussing the ads
3. In the following weeks, (say 1/21-1/26)there will be a PR discussing how SALES ARE GREATER THAN EXPECTED (which anyone can say - since no one really knows what they are expecting). They will not come out with a solid report.
4. In early February, they "may" release a January sales report...or at the minimum, a PR on January sales figures.
These should all bolster stock prices...and there will be dips in between.
All of this is me PREDICTING, and trying to predict in pennyland is like trying to herd cats. It can be done, but it ain't easy.
And you should be prepared to expect some damage.
ZVTK is no exception - and today's little "storm" caught a lot of panickers (who I feel badly for...but their loss was my gain, as I also bought up their sold shares).
Long explanation. Sorry to bother you with it - had fun writing about it, though.
