ZYB ate sheet today and alot of people have been smashed - feel for everyone but hopefully some lessons learned - these type of stocks cannot sustain MCAPs of above $15-20m for long without sufficient news - the risks and volatility become very REAL very quickly - It went to preposterous highs thanks to FOMO and it has now corrected to where it should really be IMO... Dont pump the thing from here, wait for an acquisition and see where it goes... Could still be a huge winner... in fact, still is from this time last month.
Also gotta see the other part of the silver lining - Half the registry has changed hands above 2c in TODAYs session- it was at 1.4c just before christmas with bugger all volume.... If you got on around those levels, you have a fair buffer and the risk is significantly less.... I am a lot more relaxed now but getting my input capital out has probably helped with that..
If there is one thing the fast paced tech space has taught me - it's protect your capital as much as you can.
Good luck to all - what a day haha
ZYB Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held