Re: TZOO play
TZOO is a scam. A hedge fund came in and squeezed out all the shorts, forcing them to buy. Then everyone jumped on the bandwagon and started trading momentum. There are no options on the stock, so no one can hedge. And management loves it cause they own a huge chunk. But the company has no fundamentals.
Will it go down tommorrow, I don't know. Its trading on technicals right now. But sooner or later it will come crashing down. So make sure you keep a strict stop loss on that thing.
|