CCB vs ZEN truth board Message Board

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Gold/Mining/Energy : CCB vs ZEN truth board

ZEN.V 0.930

-1.1%

1:07 PM EST

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To: the Chief who wrote (447)	12/16/2015 8:39:02 PM
From: RuddyMongoose	Read Replies (2) of 12350

Message #447 from the Chief at 12/16/2015 1:47:11 PM I find it so interesting that every pull is someone bailing CCB but every pull in ZEN is cheapees for sale. How do you rationalize that logic Fuddy? Chief I never referred to ZEN shares or CCB shares as "cheapees". I never said CCB shareholders were bailing only that some were dumping shares (some or all they own) as I'll explain below. When a trader exits a position I often call that dumping. Call it what you wish but it's the same event. They were selling and the selling imbalance was pushing the price lower. Chief the CCB stock price pattern we just saw is consistent with traders taking profits after a nice pop. Over the years, I have noticed there are a number of things that almost always precede a price pop for a junior resources company. CCB almost always exhibits a few of the same signs before a price pop. I am sure many other traders also saw those same 'set-up" signs that I saw and they bought ahead of the run. When momentum started to slow, they took profits and the rally started to stall which led to more selling. There's nothing wrong with lightening your load or going "all out" after a nice gain when you own shares in a speculative junior like CCB. CCB is a trader's stock. CCB is volatile because it doesn't even have a resource estimate yet and we haven't seen a drill core sample assay result since 2013 so investors have to take profits when they present themselves and before they evaporate. I see the mysterious painter was back int final minute at the close. It looks like he put the brush away and moved on to a high pressure power sprayer.

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