No doubt the last couple of weeks have been discouraging, and I know the argument may appear old to some but consider as another poster pointed out earlier that in the past 52 weeks we languished to a low of 26 cents. And we were in a range just above that price for an extremely lengthy period of what seemed like forever. Our critics and even some shareholders repeatedly told us the sp would only ever continue to drop until we could show contracts, sales and ultimately $$$$. That wasn’t true and in fact it was badly flawed logic. Are we not incredibly fortunate to have the current management team in place at Zen, a team that keeps their cards close to their chests and has delivered us innovative research developments during an economically clamped down global pandemic? It’s their ingenuity that is the reason why the sp has risen to where it is. The haters all skewer their analysis. Chief for example gloats vengefully about all the ‘short’ money he’s made on Zen, which I suspect is mostly true and partially exaggerated. He claims to always be right about Zen. But we all know for a fact at 26 cents he told us all just as emphatically that he KNEW Zen would be in CCB’s rear view mirror within the (then) next few weeks. and CCB would be north of $2 in no time flat. I’m not here to trash him just to remind that people distort facts to suit their own personal paradigm (if I’m being fair we do it too).
We knew all along that if we could rise up from a penny stock into plus $2.50 territory Zen’s business reality would change: we’d have to rub shoulders with the sharks (daily) - directly in the workplace and sometimes indirectly in the market. More money would be needed, more would be risked, with an intended outcome that the possibility of rewards would be much higher. Price fluctuations of 3-4 cents a day that appeared to be quite high a year ago are literally non-movements for us today. Reflection wrote a masterful post today partially providing a sense of how this complex game works as our company and share price progress forward. And it’s not an endeavour for the faint of heart. If you want to stay in game you’re going to have to put your big boy pants on. If this is too stressful most of us have still made a tidy profit and can get out now with a doubled investment or probably more. For me, I’m in for the long term and my confidence is admittedly a little bit down in this fleeting moment, but nevertheless unshaken over the long haul. Most of us are long term like me, though a couple are traders and have different agendas. My way of dealing with this is what I’ve done in the past - stop tuning in as much to the day to day antics, (probably post less), enjoy life, and confidently let the company I’ve intimately researched and gotten to know, do their respective jobs. Believe me they have a solid long term plan and are 100% focused on executing it. Yes it’s going to test you’re nerves from time to time but with patience it will happen. |