SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Anything graphite based, CCB, Zen and hopefully much more.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stuffbug who wrote (2305)4/12/2021 8:44:27 PM
From: the Chief  Read Replies (1) of 2618
 
Stock has to hit and hold 1.61 if it turns early then it will fail.
There is a trend gap 1.19-1.29 that can be backfilled if the panic selling continues.
Why could it? Well from ZEN itself

Message 33278006
"We have not yet started the 14-day repeated dose study. We will be exploring options and in discussions over the next few weeks on the best path forward."

Sooo they have an issue with INK, and suddenly stop progress on the Antibiotic?
Of Course no one is saying a word nor answering this post, but once shorts get wind of this, the presumption will be cash preservation for the "longer term" not short term.

I would say they are now expecting far more complicated, costly and longer human trials then even they were prepared for.

So the only thing I see working is $1.61 rotate on the blow off and stay 1.77-1.92 which eventually will fail unless Fluff NRs are piled high, otherwise, shorts will take this to $1.19-1.29
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext