zonte metals

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2 years 8 months ago #119129 by luck
luck replied the topic: zonte metals
I will go with 1,349,349

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2 years 8 months ago #119128 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Alex nice idea, I think you are too conservative

I will go with 1,200,000

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2 years 8 months ago #119127 by dtangen
dtangen replied the topic: zonte metals
My best guess will be 1,500,285 short sells.
Thanks in advance for the $250.
Dennis Tangen

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2 years 8 months ago #119126 by alexgreat
alexgreat replied the topic: zonte metals
Short Report Contest

There seems that some have an opinion that shorting knocked the stock down farther than deserved and others think not so much - but just sellers that thought the drill news was not great.

The short volume report at shortdata should be out Monday or Tuesday morning and that will tell the story over the time period when the stock went down, here is link for ZON

shortdata.ca/?c=zonte-metals%20inc.-short-sales&sym=ZON.V

I came up with this idea and asked Struthers and he agreed. We thought we all might learn something and have a bit of fun too!!

Everyone or anyone, it is open to outsiders too can make one educated guess at the short volume for the 1st 2 weeks of October and the closest to the actual reported number gets a free one year subscription to Struthers newsletter or a year added. If you are a lifetime member than it is a cash award of $250

All predictions have to be posted here under the Zonte Topic to qualify. Feel free to post a link to this on other forums.

GoldenBoy posted the trading summary for the 2 days the stock sold off at this link so you might want to use this to help with predictions
www.playstocks.net/index.php/forum/junio...tals?start=12#119089

If you are not signed up to the Forum, click on 'Login' on top right of forum and then on 'Create an account'

New members 1st 2 posts need to be approved to show up and Struthers agreed he would check a few times per day to approve new ones

Since I am starting this, I get first guess. I think all the Jitney stock was used to short and some more so I am going with 850,000 shares shorted
The following user(s) said Thank You: lynnsa10, GoldnBoy, DearJohn

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2 years 8 months ago #119125 by ron
ron replied the topic: zonte metals

Gambler wrote: Got to like those shorts getting squeezed in GGI this morning, up $1.50 in 1st half hour. Hope ZON shorts get their lesson soon


shorts selling is good for the market,
go at the at 15 min 40 sec,

www.howestreet.com/2017/10/13/the-death-...-business-evolution/
The following user(s) said Thank You: alexgreat

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  • flynn
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2 years 8 months ago #119124 by flynn
flynn replied the topic: zonte metals
Isnt it funny how time changes everything. 2 weeks ago the stock was hovering in the 30's and we where all excited waiting for drill results, chatting about how high this stock will be.
Now i read that we hope something will turn out some time next year, and we are back waiting for colombia news.

Cant wait till what happens next week.

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2 years 8 months ago - 2 years 8 months ago #119123 by ron
ron replied the topic: zonte metals

DearJohn wrote: Typical slow Friday

Pasta, sounds like you made a good move, especially if you buy back at a 50% discount for the next run up. ha ha

If you like most of us that have been in here a long time, you know it can be difficult to buy any sizeable position once the sellers fears subside.

Wish I would have sold higher, could have bought a lot more under 20 than I did.

Everyone have a great weekend


the tax selling in december might offer a good opportunity
to buy ZON at a low price again,i'm even wondering if zonte won't print
$0.10 again,if so,that would be a steal,like rick rule likes to say,
if you like a stock,wish for it to go lower so you can buy more again,
will zonte perform in 2018 like GGI did in 2017,we are all wishing for
that to happen,

zonte will announce soon (as RonS pointed out) that
they're starting their drill program in newfoundland,i hope the speculation
will help to keep the stock over $0.20,if they start drilling mid-november,
we could have results mid-january,will the court settlement in columbia
be settled soon in 2018,if so,

that would bring money in the till,lots of
questions to be answered,i still have all my shares,that's why i ain't
buying now,i'm on the sideline and waiting,but if it goes back to $0.10,
you can be sure i'll click on the buy button real fast,

GGI,i bought it in 2002 and sold it in 2005 for a really small gain,
when ron recommended the stock,i wasn't sure if i wanted to buy it back again,
it took 9 years since 2008 for the stock to do something interesting,of course,now i'm
kicking myself in the butt,zonte is in his seventh year,

i'm confident that 2018 will delivered good news for the stock to be
trading at a much higher price,news from columbia,NFDL and the yukon,
could confirm that zonte is worth all those years of patience.

web.tmxmoney.com/charting.php?qm_page=8082&qm_symbol=GGI

web.tmxmoney.com/charting.php?qm_page=70367&qm_symbol=ZON
Last Edit: 2 years 8 months ago by ron.

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2 years 8 months ago #119122 by DearJohn
DearJohn replied the topic: zonte metals
Typical slow Friday

Pasta, sounds like you made a good move, especially if you buy back at a 50% discount for the next run up. ha ha

If you like most of us that have been in here a long time, you know it can be difficult to buy any sizeable position once the sellers fears subside.

Wish I would have sold higher, could have bought a lot more under 20 than I did.

Everyone have a great weekend

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2 years 8 months ago #119121 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Alex agree very little volume so most sat tight, very slow day for lucky Friday 13th, here is market depth, not many sellers until 19 cents and only about 25,000 below so about $4,000 worth of stock, peanuts
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2 years 8 months ago #119120 by Pasta
Pasta replied the topic: zonte metals
AlexGreat
All good points. I have to agree with most of what your saying. I was thinking of picking up some more stock but I was also thinking of waiting a bit also.
At one point I held a lot of stock but sold most of my position. It could be a good time to buy but as you said I think I have some time. my thoughts are 3 months of the stock doing nothing. Maybe I'm wrong ???

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2 years 8 months ago #119119 by alexgreat
alexgreat replied the topic: zonte metals
Pasta interesting points, but for every seller there is a buyer. I would bet after last Fridays drop - buyers are leery and scared, they are in no rush, they may think they can bid and get it cheaper? Is the sell off over??

I think this flat trading is good, it will help build confidence that a bottom is in. A quick bounce back up and then if it went back down would only make it worse.

Volume has dropped so not only is there not many buyers there is not many sellers either.

We only seen two higher volume days of 2.6M and 1.3M, so make it an even 4M, take out all the wash computer or short trades through Jitney and Anonymous that GB posted here and it was probably closer to 2 million. A stock with 43M shares out and this tells me most of it sat tight and went no where.

Or looking another way, many here follow GGI, it has twice as many shares as ZON but trades about 10 to 20 times more shares per day, a lot of loose stock on GGI compared to ZON

It is very easy for shorts to manipulate low priced stocks, it does not take much $$. We will see the short volume report next Monday or Tuesday and if there was a lot of shorting we should see a jump higher in short volume, so not long to wait

It sounds like you have not bought at these low prices so your own thoughts probably answer your own question.

You ask what are you missing and I would guess confidence and you probably have lots of company

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  • flynn
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2 years 8 months ago #119117 by flynn
flynn replied the topic: zonte metals
Too funny, I was just thinking the same thing, how could we have been flat lined all week at the low close of last Fridays sell off.
Any insiders buying?
Any institutions' buying?
Some basher/pumper at stock house pointed out the same thing, they think it was a take down to get cheap shares, cause Colombia is going to be settle soon. I was wonder who are these people?
I was hoping for a bounce off the low's this week, maybe next.

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