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Gold/Mining/Energy : Anything graphite based, CCB, Zen and hopefully much more.

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From: the Chief10/22/2021 10:10:34 AM
1 Recommendation

Recommended By
Eva

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Two errors by the ZEN group. One, they recalled too many warrants, at once. If they had called in one set and defended the stock, it would have worked far better. Then if they were able to defend, the stock, call in the other warrants.
However, they called both sets in. In doing so, they created a short opportunity. Shorters knew that anyone with warrants would likely sell some long shares to pay for the warrants. So shorters increased their position above the $5.00 mark and pushed the stock below, removing any competition from funds who may have wanted to take a position.
4.40 was originally set as the low but now it is breaking that double bottom so it has to close 4.44 or above or the shorts keep piling on and the cover is 4.04 ish.

Meanwhile back on the ranch (CCB). Olga has quit and now we have to trust the BoD who has done absolutely nothing of value in the last number of years to choose an intelligent replacement. Not so sure that can be trusted. So at this point CCB is rudderless looking for a rudder!
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