Someone offloaded a larger than usual trade and the market was looking for an excuse to profit take due to technicals..but due to low stock availability, ZNO will recover just as quickly and the last couple of days will look like perfect buying opportunities., i certainly did as well as some of you. That someone need not be one with any knowledge and most likely someone needing cash and if you need cash quickly, its not the best stock to hold .
The stock has lots of potential with global scalability esp in China where there has recently been reports of new bird flu virus. Unlike many early commercialised companies, ZNO is already cash flow positive so its all good news flow from hereon. Avoid being the cattle with herd instinct to sell.
ZNO Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
