No Business Training Whatsoever

How I'm gambling away my retirement fund in the stock market.

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Location: Toronto, Ontario, Canada

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Tuesday, January 24, 2006

ZEN.TO - Stock To Watch !


Chart as of Jan. 24, 2006

Current Price
$17.56 Cdn

Company
ZENON ENVIRONMENTAL INC
ZENON is a technology company specializing in the design, development, manufacture and sale of advanced membranes and membrane systems for water purification, wastewater treatment and water reuse.

Why I'm watching?
This company had a sharp correction (due to a horrendous and unexpected 4th quarter) , but has a good business and will likely recover eventually (plus they are a takeover target).

Bad News   Good News

I'm not sure if now would be the time to get in....or maybe there is more bad news to come before things get better. I suspect all the bad news is out and priced into the stock. Might be worth taking a small position and see what happens....and buy more if it dips again.

1 Comments:

Blogger Rubun said...

Stocks on your watch list are on mine too. I bought Zenon today and I own TRE. I have been watching SOY for a long while as well but it's too late for me to get in.

Happy trading!

9:14 PM, January 26, 2006  

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