Good points, with which I would agree. Many w
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Posted On: 12/01/2020 10:38:43 PM
Good points, with which I would agree.
Many who lost value after paying up to ca 5.68 pps two(or three?) february's ago were mad at ZN for announcing oil in the drilling mud plus it is possible the possibly still deep state sec is still supposedly looking through the trashbuckets -prosecutors tend to think everybody is guilty and dont like to admit otherwise
so ZNOG may be using greater caution this time around- not speculating as much bc ZN really hasnt given us an analysis
of the 3d-we just have to guess from their actions, as you have said
16.5M shares traded is insane and since price fell significantly without news or new disclosure from yesterdays huge rise-without giving up all of yestedays gains, the high volume can partially be explained by 3 mutant groups always pressuring pps to siphon off value:
1) short volume increased to 32% -(looks like 38% on the ZNOG graph but the total is less than100%) the common sense is a short squeeze is more likely if shorts are above 30% https://shortvolume.com/ and there are sites devoted to that type of analysis
2)day trading-stock promoters-who are always willing to sell their grandmother for a nickel, and day trading promoters, get their money from ppl who subscribe to their services /programs- day traders are told they can make millions by trading anywhere from 5 minutes to an hour /day, usually in the morning- but remember there are several time zones in the lower 48 alone
3) flippers are more self taught grassroots- like society not content for value to build -but insisting on more instant profits by -like everybody else - siphoning off pps
a lot of idiots play stocks like a roulette wheel nowadays- the opposite of value trading
so in the short term its hard to predict pps for all the mutant groups often overwhelm value logic in the short term
https://www.otcmarkets.com/stock/ZNOG/overview
Many who lost value after paying up to ca 5.68 pps two(or three?) february's ago were mad at ZN for announcing oil in the drilling mud plus it is possible the possibly still deep state sec is still supposedly looking through the trashbuckets -prosecutors tend to think everybody is guilty and dont like to admit otherwise
so ZNOG may be using greater caution this time around- not speculating as much bc ZN really hasnt given us an analysis
of the 3d-we just have to guess from their actions, as you have said
16.5M shares traded is insane and since price fell significantly without news or new disclosure from yesterdays huge rise-without giving up all of yestedays gains, the high volume can partially be explained by 3 mutant groups always pressuring pps to siphon off value:
1) short volume increased to 32% -(looks like 38% on the ZNOG graph but the total is less than100%) the common sense is a short squeeze is more likely if shorts are above 30% https://shortvolume.com/ and there are sites devoted to that type of analysis
2)day trading-stock promoters-who are always willing to sell their grandmother for a nickel, and day trading promoters, get their money from ppl who subscribe to their services /programs- day traders are told they can make millions by trading anywhere from 5 minutes to an hour /day, usually in the morning- but remember there are several time zones in the lower 48 alone
3) flippers are more self taught grassroots- like society not content for value to build -but insisting on more instant profits by -like everybody else - siphoning off pps
a lot of idiots play stocks like a roulette wheel nowadays- the opposite of value trading
so in the short term its hard to predict pps for all the mutant groups often overwhelm value logic in the short term
https://www.otcmarkets.com/stock/ZNOG/overview
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