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Strategies & Market Trends : Ted Warren's Investolator

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From: investolator200010/18/2022 10:24:29 PM
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I sold out my position on ZVO today as it popped on major volume. The volume before today never approached 50 million shares a month. Today it had over 156 million shares and was up at one point over 50%. The reason I sold at a loss at this time is that they are going to liquidate all their assets to pay all outstanding bills and then if anything is left over, they would share it with the shareholders. But they emphasized IF, and it could be zero but no more than .50 per share. To me it was either that the loss and still exit with some cash or hold out and hope I get something in the end. After today, for me it was not a hard issue. I have taken my marbles and have left with some of my cash and will wait for another stock to settle down in this crazy market.



I2000
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