Both Westoz and MAM were selling their positions in ZEN. This seems starnge to me.
On one hand, yes indeed these smart guys have doubled their monies from 50c to $1 and made a handsome profit.
On the other hand, even at the current SP it seems undervalued based on the contracted projects, leaving alone the large pipeline company indicated earlier.
So why did they rush to sell now for mere a 2 baggers instead of reaping a 4~5 baggers later on? Should a potential investor be concerned that they knew something that others did not know yet.
I am still considering an investment but will do more research on it...
Existing holders' thoughts are welcome!
ZEN Price at posting:
$1.20 Sentiment: None Disclosure: Not Held