Replies to post #134086 on Enzolytics Inc (ENZC)

[Timing101]

Maga .. you predicted it and I picked them up ! following that crystal ball of yours.... THANKS
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our time will come , but glad I added today .

[Dyno89]

If the ceo of a publicly traded company was conspiring with outside forces beyond his own official company insiders to manipulate and hold down a stock or be complicit in bringing its price down, that would 100% be securities fraud and a criminal act.

So now I have to ask again.

Why would ANY investor, that fully believed this was going on and perpetrated by the companies own ceo, continue to own shares in said company? A company this investor actually believed had a criminal ceo who was orchestrating the dropping share price for unknown entities behind the scenes in an elaborate securities fraud scenario for more than half a year.

What investor out there who truly believed that would remain an investor and keep their money tied up in the hands of a criminal?!

[foxi]

Good call.

For whatever reason the company can't drop the audit results, ITV trials won't start until at least January (because damaged equipment) and all seems quiet on other fronts. I think the market movers are banking that CC will have no news for awhile and trying to depress ENZC's investor base to trigger big selloffs, which would give MM's a golden opportunity to scoop millions of cheap shares with no obvious price bump. Example being 11/23 where 25 mil shares changed hands in an engulfing red candle that reversed two days later when nobody else was willing to sell.

From a TA point of view, it's fascinating that this never closes in the breakdown range on daily chart RSI. 30 seems to be the floor (though it trades like it's in breakdown)

Hoping for clone 3 news before end of year.