I have held this stock for a few months because I think the concept/products have excellent growth potential and the company seems to be moving towards making a profit. However, I do not understand the increase in volume & SP today. It seems to be the result of spruiking from brokers and subscription services?
I am fairly new to owning shares but it seems logical that brokers/subscription services would accumulate stock, then preach it to their audiences/customers to buy, then sell out and make a profit and hopefully the SP is sustained so they can rinse and repeat with another stock?
Do you people think this SP will be maintained at this level (say 30c) or more likely to fall again (say 26c) before rising gradually on the back of good announcements etc?
ZNO Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
