CCB vs ZEN truth board Message Board

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Gold/Mining/Energy : CCB vs ZEN truth board

ZEN.V 1.000

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Dec 24 9:30 AM EST

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To: Luvin_It who wrote (527)	12/17/2015 1:51:26 PM
From: RuddyMongoose	Read Replies (2) of 12350

Luvin_It, helo4 made some good points in his reply to my post that supports my belief that CCB is overvalued at the current price. siliconinvestor.com Notice that this pull-back is twice as large percentage-wise as the one after the last rally on November 25 & 25 when the volume spiked to 1.6 million two days in a row. The volume on the current 2 day run was only 25% of the daily volumes back in November 25 & 26. So what does that tell us? The chart is saying the near term trend is down. I'm sure "they" will fight the pullback to keep the sheep from a panicking but the fact is that retail investors are not rushing to buy CCB so sentiment has changed and CCB is heading lower. Once again "they" couldn't ignite the buying frenzy fire. All they got was smoke. If CCB gets the ASTM nod, I'd expect another price pop but I also expect it to fade quickly just like the last two runs have done. The red flags are still flying over CCB and investors are rightfully wary. At a minimum, CCB needs to prove up their graphite resource. At this point it looks like CCB will become a "full marble" company long before it becomes a graphite mine.

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