Replies to post #7135 on AEterna Zentaris Inc. (AEZS)

[bullforever]

If it goes to $0.02, I will average down. But $0.05 not too bad, comparing with $0.1, 0.2 or 0.5 weeks ago. $0.05 is not real gambling, maybe just not real bottom. Nobody can really get the lowest, but get a price you think not too bad. Some people never get shares, for example, when price to $0.02 you will expect it to $0.01 or lower.

The question is:

Will the B warrant holders sell shares after they exercise the cashless B warrant? Or they already sold their public offering shares months ago?

[bullforever]

If you want have a position in AEZS it is better for you to buy some here, then buy more if things go as you expected.

I checked the volume. Before March the volume below 1 million. After the public offering to cashless B warrant started the volume increased to several millions. I think these volume came from B warrant holders' selling and got their original money back.Since August 11 the volume increased to a dozen of millions, but we don't have that many cashless B warrant shares exercised. So, some shares should come from retail investors who were scared by cashless B warrant.

I expect a balanced buying and selling from now on:

selling side, some newly exercised cashless B warrant and some retail investors selling now with expecting buying later for lower price.

Buying side, some B warrant holders who exercised their B warrant and sold them all earlier, and some retail investors who sold their positions earlier.

At current price, AEZS is surely undervalued. When the balanced buying and selling is favorite to buying side the price will increase hard. So, I got some shares at $0.05 level, don't be too greedy.

[rab74]

It wasn't gambling just a great opportunity... I hope you bought on time, this will easily continue going up next week