Shaba,Well done on PEN. I missed that one. Sold out virtually...

Shaba,

Well done on PEN. I missed that one. Sold out virtually all of CCCOs on the last runup and exited SSNO today after holding for 6 months.

As for TZL, IPO price was $2.50 so most shares were at that price. I believe most people have the view of 'why sell for a 90% loss when there is a chance of getting money back'. Considering the company is in a better position than back then, I can understand this view.

As for buyers, that's a question for the board. In the half yearly they have talked about upcoming major success stories providing high visibility. I guess this is where the market will take notice. In the meantime there is time to accumulate at what appears to be rock bottom prices - the sp has never flatlined for this long. I've hedged my bets by buying a few weeks ago as well as waiting just incase it goes down to 20-25c. Although with this 10m in 1/2 yearly revenue, I do not think it will happen unless the buy queue evaporates leaving the manipulator to have a clear run at stacking the sell side down to 25c.