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Microcap & Penny Stocks : Zenyatta VS Canada Carbon Board

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From: Fact Czecher9/2/2016 1:32:46 PM
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Recently there have been a lot of "promotional" posts from a few of the long time ZEN supporters. New investors or those who are new to SI might be interested in checking ZEN's history before "taking the bait".

The following 2 posts were written by the same poster and are typical of other posts by other posters in the same time frames.

Oct 30 2013 (Zen closed at $2.24) "So far, ZEN holding and bouncing off $2.10, creating a double bottom with a higher low. This looks bullish IMO"

Aug 22, 2016 (Zen Closed at $0.90) "ZEN up 40% after holding a double bottom last week. and you think that is going backwards...I guess it is backwards if you are short LMAO!! Choo Choo"


ZEN has lost over 63% of its value since the first post and "bouncing off....the double bottom" in 2013 (ZEN closed at $0.81 yesterday).



There have been at least 7 significant periods of SP revival (manipulation?) in the last 3 years but the long term trend remains unchanged.

Is there some reason to believe the current "bounce off" the $0.63 "double bottom" will yield a different result than the "bounce off" the $2.10 "double bottom" in 2013 did?

In the words of Winston Churchill: "Those who do not learn from history are doomed to repeat it."
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