ZMM 0.00% 1.1¢ zimi limited

Guys. I dabbled in this stock a while back. I sold out for about...

  1. 230 Posts.
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    Guys. I dabbled in this stock a while back. I sold out for about break even. This was when the stock was in the 8-9 cent range.

    The only voice of reason against the stock at the time was 132.

    I think his motivation is interesting, slightly negative. I'm not sure if he was a Steggles employee in a former life. However, 132 always brought good information to the table. And I'm grateful for that because I sold before the stock plummeted to 2 cents.

    Yes, new management, new prospects etc. However, this company still seems very opportunistic (grabbing at any available opportunity), and for that reason is lacking in a cohesive vision as far as I can see.

    I can't see anything to suggest that this anything else but highly risky spec buy for the moment. Good luck to those who are thinking it's going to be a multibagger but also a word of caution for those who get caught up in the hype without balancing their point of view.
 
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