What we have here is institutions on a standoff with Cliffs hoping that they will eventually sell and Zenyatta will become more stable. They feel that they have time to wait them out before PEA or buyout. Lets see if they are right.
Lots of manipulation taking place on all fronts. The bashers & shorters are trying to control the share price but the longs are fighting back with accumulation at a price that they never thought they would see again. The institutions are slowly accumulating also. As soon as the cross takes place the share price will become more stable.
Now games are being played on another side & that is with AE. This guy with meeting him a few times is no stoop & in perfect control. He knows exactly what he is doing & realizes that he has the goods with 3 of the world experts on the board or advisors. He wants this to bite a few people on the behind & we know who they are. He will hold out on releasing news until the SP is stable & he can get the biggest bite for the buck.
Now I have caculated the final out come for Zenyatta over a year ago before 43-101 & based on $7000 per ton & 6% instu I came out at a resonable $16 per share. With all the additional info we received in the past year that price is still in play.
I think if the longs still have the stomach for this manipulation we will be rewarded in October/November 2014 and off to the races from here. Hold tight !!!!
GLTA
Dude