continuing that thought
so far i've looked at least 3 oil companies today-they all fell 8% today- i looked at one extensively besides zn[where ceo bought stock 8% higher than pps today]
-and could not see any logical reason for pps fall in any of the companies -it was just an across the board pps fall for the dow today-which means very little longterm, especially as much of the news causing the fall was manufactured
the dow was down 460 points today
as per an article i saw based on slowing economies- the only reason-plus see below- i see for the pps fall today-its occurring across the board
usa economy still expanding but at 3.1% not ca 3.3% and usa manufacturing expanding w 52.5 reading -but not expected 53-that could be due to the arctic freeze much of the nation experienced in feb and early march-whatever-big stock traders are some of the worst floozies- overreaction is the name of the game
at the same time the press took a fed officer comment re interest rate would rise if there was DRAMATIC inflation-with the press eliminating the context and the word 'dramatic'-
as if the sensationist press wanted to crash pps today-w press comment re inflation insane and contrary to the news of expansion slowing(was slowing BECAUSE of fed interest rate increases-especially in december)
gives an idea of how news is manipulated to satisfy ulterior purposes-and fed itself has signaled no more interest rate increases this year from articles i've seen
https://www.marketwatch.com/investing/index/djia
1 of the big unknowns is how investors will react to news - i usually find -especially in penny stocks -which zn is[below 5 dollars/share] that investors are usually unable to properly evaluate news- and that doesnt necessarily exclude big boys-after all, in kindergarten they had trouble counting to 10 and it took them 3 years to learn, 'see spot run'
so, short term misunderstandings or evaluations and manipualtions and fraud outweigh logic,
so all i can say is if logic is followed the recent events of oil companies interest and finds in northern israel should be positive for zn,perhaps significantly so
so far i've looked at least 3 oil companies today-they all fell 8% today- i looked at one extensively besides zn[where ceo bought stock 8% higher than pps today]
-and could not see any logical reason for pps fall in any of the companies -it was just an across the board pps fall for the dow today-which means very little longterm, especially as much of the news causing the fall was manufactured
the dow was down 460 points today
as per an article i saw based on slowing economies- the only reason-plus see below- i see for the pps fall today-its occurring across the board
usa economy still expanding but at 3.1% not ca 3.3% and usa manufacturing expanding w 52.5 reading -but not expected 53-that could be due to the arctic freeze much of the nation experienced in feb and early march-whatever-big stock traders are some of the worst floozies- overreaction is the name of the game
at the same time the press took a fed officer comment re interest rate would rise if there was DRAMATIC inflation-with the press eliminating the context and the word 'dramatic'-
as if the sensationist press wanted to crash pps today-w press comment re inflation insane and contrary to the news of expansion slowing(was slowing BECAUSE of fed interest rate increases-especially in december)
gives an idea of how news is manipulated to satisfy ulterior purposes-and fed itself has signaled no more interest rate increases this year from articles i've seen
https://www.marketwatch.com/investing/index/djia
1 of the big unknowns is how investors will react to news - i usually find -especially in penny stocks -which zn is[below 5 dollars/share] that investors are usually unable to properly evaluate news- and that doesnt necessarily exclude big boys-after all, in kindergarten they had trouble counting to 10 and it took them 3 years to learn, 'see spot run'
so, short term misunderstandings or evaluations and manipualtions and fraud outweigh logic,
so all i can say is if logic is followed the recent events of oil companies interest and finds in northern israel should be positive for zn,perhaps significantly so
