Another up day on the NASDAQ another red day for the TZOO suckers....waiting for the inevitable start of the CEO selling tsunami. It's surprising that anyone would hold these shares long. Talk about a "free money" situation.... You have a CEO with nearly 100% of his wealth trapped in a highly over-valued equity. There are no options available, so there is no way to collar his shares. He must sell his stock before the stock returns to trading at a valuation based on fundamentals...around $10. So he tries the hyper-promotional press release trick...effect....TZOO still goes down.
Strong recommendation to the longs. If you really believe in the long-term value of this company, sell now and buy back your shares after the CEO dumps a few million of his first. This will not end well for the longs...at least not at $50, maybe at $10.