i think zlcs will continue to decline until we get very close to the october deadline. maybe another week or two. i believe zlca could easily hit 1 on good news, im just now sure it could do it for 14 days this far away from the RS. the closer we are to the RS, the more anxious buyers will be. they r more likely to load up on shares. whereas the farther aware we are, many might take profits and cut their losses. it's all psychological. if there isnt any news on monday then i think zlcs could hit the .60s. this isnt necessarily a bad thing. i would love to buy at .60.
I look at it this way....My bet is that there are a lot of people who want to buy shares of this stock before Z160 results. As soon as they are convinced that the bottom is in (whether pre- or post- reverse split), the stock will zoom and the train will be out of the station quickly.
Well Ranger...looks like just a quick touch, lol... Hope this is the new bottom. I'm about ready for some excitement, as Slug often says, to be prancing around in the multi-colored speedos with a chubbster on each arm, Hawaiian leis around the neck and a LARGE Margarita!