Originally posted by billyjoe
View Post
Hot Pick Of The Day
Collapse
X
-
jejejeje... making rich babies with peanuts!!!!Originally posted by New-born baby View PostThanks for the post on ZANE, Peanuts. A small investment of peanuts in ZANE may pay off nicely.
Are you in?Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Comment
-
-
-
I don't think you're missing anything. Technically speaking, this stock has a long history of declining value.Originally posted by skiracer View Posti would say would be on the verge of "inzanity" to buy this stock. just looked at the daily, weekly and monthly charts and am i missing something?
I'll go on to say, however, that this is not a technical play... And should only be "played" with losable fundsHide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Comment
-
-
i'm sure you have your reasons for your interest in this stock. what do you see bud?Originally posted by peanuts View PostI don't think you're missing anything. Technically speaking, this stock has a long history of declining value.
I'll go on to say, however, that this is not a technical play... And should only be "played" with losable fundsTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
Comment
-
-
This is what I know:Originally posted by skiracer View Posti'm sure you have your reasons for your interest in this stock. what do you see bud?- They just sold a division for $8 million that accounted for only 1/10 of revenue
- Management has declared a share buyback of $4 million (half the cash value of the sale) after the 1 day blackout period after they report earnings.
- At today's prices, the market cap is $14 million, so this means that the company is using cash to buy 28% of itself within 1 or 2 days after they report earnings.
- Scheduled earnings are for next Monday, March 31. The buyback should begin on April 2 if the earnings report is issued as per the press release.
- The current average volume is 55,111 shares per day. $4 million worth of volume equates to 8,000,000 shares at a price at $0.50 each. The current ask is $0.47...
- This makes me think that the volume coming in will be substantial and it will all be on the buying side.
- Stock market pricing is a simple supply and demand relationship. When there is more demand for a stock and the supply doesn't change, then price will increase to a point where demand decreases.
In summary: ZANE stock should see lots of demand, but the supply of shares should not change. The risk is that this is a sham company, with no real operations, that lies and lies and lies. The management doesn't have a criminal record that I know of.Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Comment
-
Here's a pic of the CEO and CFO. "Reputable people" for sure.Originally posted by peanuts View PostThe management doesn't have a criminal record that I know of.
Last edited by New-born baby; 03-28-2008, 12:38 PM.
Comment
-
-
When I first posted about ZANE, the asking price was $0.44 per share. Today, the stock closed at $0.51. That's a change of 15.91%.Originally posted by billyjoe View Post..........and Peanuts laughs all the way to the bank........again
-------------billy
I wonder what will happen next week?
I'm still hanging onto my lottery ticket from the state of inZanityHide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Comment
-
-
hope it goes to 10 peanuts. I just don't see what is going to fuel it technically or fundamentally.Originally posted by peanuts View PostWhen I first posted about ZANE, the asking price was $0.44 per share. Today, the stock closed at $0.51. That's a change of 15.91%.
I wonder what will happen next week?
I'm still hanging onto my lottery ticket from the state of inZanityTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
Comment
-

Comment