Re: Facts of Zenyatta Ventures
in response to
by
posted on
Jul 29, 2014 11:41AM
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Glorieux, while i try to stay away from many conspiracy theories, the whole spin-cycle of ZEN hype/bashing wreaks of it.
Add in the fact that there was a PEA delay and Cliffs selling, it is the perfect time for this stuff to pop-up. (Cliff's selling is IMO completely independent of ZENs fundamentals).
The timing of this "BobGreenfield" appearance is rather suspicious. Raising year+ old items, purposely raising items that are knowingly delayed and/or obviously unknown at this point as ZEN has held off NR's...all in the lead-up into a PEA release, all while having previous leaders of Team Zenyatta pump his tires.... And his reasoning for existence is basically as a "CCB online defender against ZEN posters?", ya, ok
one of the former leaders of Team Zenyatta has transitioned from a "long-term until end game on ZEN" investort back into a trader, all due to a lack of news flow? We have seen multiple quarrels online between members of the Chiefs site, only to be magically settled and water under the bridge. (Good Cop/Bad Cop show? who knows)
We witness hype into the 43-101 only to be sold off, hype into $5+ institutional buying only to be sold off.
Now we are not seeing any hype into the PEA, rather alot of negative connotations.
"Buy on weakness, sell on strength" anyone? time tested traders strategy.
We have already seen multiple instances of selling on strength, and now we are in a weak SP and have witnessed a former ZEN pump machine suddenly turn sour...well, guess what part of the traders strategy we are likely at.
Remember, just because someone is posting that they are down on the stock on multiple message boards around the internet does not mean that they are not accumulating a position at lower prices.
Times like this it is best to sifter through the noise you see online and focus mainly on what we fundamentally. If you believe in them, you are unnafected by noise. If you dont beleive and are affected by the noise, you sell and move on. Or in some peoples case, you sell and keep coming back, and back, and back...
JMO of course, now we are in week 6 of the "6-8 update window", should be interesting what we have in store.
Cheers all