TWO VERY BULLISH PIECES of NEWS for #ZSUN#, in my jaded opinion...
When we break through $12.00, then most of the SHORT SELLERS will be in a losing position and virtually forced to cover. Therefore, I expect higher volume, as a result. It's quite likely that we'll break through $12.00 tomorrow, as the MM's can only hold the stock for so long, before the doors of the DAM burst open...
However, it's much preferable to have an orderly ascent to the $20.00 to $25.00 range, than the high spikes of past trading. IMO, two events, discovered in an e-mail from Swiftrade and a UnionTribune article are extremely BULLISH for ZSUN and will propel it to these levels:
1) Amber Securities has been let go in favor of West America Securities Corp, which will offer Swiftrade clients a fuller suit of services.
2) Mark Harris alluded to a planned SHARE BUY-BACK by ZSUN. I don't know the details, but ZSUN couldn't better invest its spare funds than in its own undervalued shares. IMO, this is EXTREMELY BULLISH and should see the stock to much higher levels when the investing public becomes cognizant of these facts.
GOOD LUCK to #ZSUN# and the Longs tomorrow....
Regards, F. Goelo + + +
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