Ann: Change in substantial holding, page-20

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neeco68

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06/04/20

15:31

Post #: 43908030
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Originally posted by OceanView: ↑

Since 27 March 12.62% of ZNO has been bought by instos, 7.12% by the Yanks.

To my understanding this is bullish. However, what don'tfollow (chart c/o don'tfollowme) posits is also entirely plausible:

To add to that, as mentioned, ML is in the shorting business.

So, this is how the bet shapes up to me: BofA (ML) decided for whatever reason, eg. SP zooming up, ZNO is ripe for picking. Up against the shorters are the bulls. Is this a case of ML standing in front of the Covid-19 Express Train? Then steel yourself for a short squeeze. Although the most bullish scenario I think it's incorrect: ML are Wall St. pros; if the situation becomes more dire shorting may be banned; ZNO is fast becoming an entrenched member of "Covid Fight Club," a GLOBAL trend/theme, and: they may be bullish and will short to buy more at a lesser price to maximize their position, then defend the SP.

Like shopping at Woollies, etc. I'm cautiously optimistic. One can either use the manufactured SP dips to enter or increase (sell if you must), ie use their "shenanigans" to get your own "Best Price."

Stay Healthy.

OV

PS I curse the Bondi Bozos, and Gold Coast Goofs. They are figuratively SPITTING on our precious-precious first responders by their flagrant abuse of the law. I suggest a stiff fine AND community service, eg. 100 hours cleaning (with ZNO) high risk areas, rather than Palasczuk's ad nauseam warnings, what a "Gladys" she's pulling!

Expand

Bank of America owns Merril Lynch.

Bank fo America also used to own Lumyna.

Lumyna is now owned by Generali.

Lumyna holds 5.5% via reverse repo with ML

ML has increased its holding from 5.52% to 7.12 % via an International Prime Brokerage Agreement

It would appear that these friendly parties between them have acquired 12.62% of Zoono.

Would beggar belief to sell when you have these guys on the register along with Regal 10% and sales climbing northwards.

Hold em tight as someone wants in.

ZNO Price at posting: $2.00 Sentiment: Hold Disclosure: Held
6 Upvote

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