Replies to post #40764 on Zenergy International Inc. (ZENG)

[bigtuna177]

If they have been trading for 2 weeks, why do we have activity going back into May? I think the sellers are simply taking profits from getting in early and they have a lot. As I stated last night, has anything "Fundementally" changed with this company since Monday? I say no and we have to wait things out. the last hour today showed some good signs and hopefully it continues!

[Durkkdiggler]

If luiten has the scoop on the seller, he is waiting to put PR's out once a real shareholder base is formed. Thats what I would do.

Looking at the daily chart, we are trading below the 5, 10, and 15 day moving averages. Deals can be found still, and if you believe in the companies fundamentals, gobble away IMHO. picking bottoms is hard, but if your within a penny range which looks like where we are, your fine IMHO. If your looking for bottom it traded IMHO in that area today. I don't usually call a bottom until it hits 2-3 times which makes me more confident that it is a real bottom.

All IMHO.