ZK International Group Co., Ltd. (ZKIN) Social Stream
Featured Post From StockTwits About ZKIN
$ZKIN We have to be honest and not always write the same clown stuff: it will rise, it will fly, now it explodes and other bullshit. To do business by buying stocks you need to have technical chart analysis and financial analysis. Ok, now it's been almost 3 months that the company hasn't talked about numbers and revenues and earnings, if we have to be honest now nothing will change! We need the financial data of the company, the profits. Without them it will be down by next Thursday 2.50 / 2.70.danielecannalire, published July 30, 2021
Other Notable StockTweets About ZKIN
$ZKIN has not closed the $35mm transaction with MaximBet and has until August 4 to close the second to close the second round (through CG Malta Holding Limited). If the deal closes, $ZKIN will need to file a 6K with the SEC. "If [ZKIN] fails to fulfil the obligation to purchase the Additional Shares, [ZKIN] shall either forfeit 2% ownership in CG Malta, or pay a sum equivalent to $3 million to compensate the Company for such failure. The Company has the exclusive right to the Additional Shares until August 4, 2021."
Even if ZKIN does not fund, after penalty it will maintain a 10% ownership interest. This is really coming down to the wire and it is surprising and not great that the deal has not closed so close to the outside date. However, we will know by the first full week in August whether $ZKIN will be a 25% or 10% partner.
ZK International is preparing to capitalize on the $850 Billion commitment made by the Chinese Government to improve the quality of water, which in its current supply state is 70% unfit for human contact. ZKIN is Quality Management System Certified (ISO9001) Environmental Management System Certified (ISO1401) and a National Industrial Stainless Steel Production Licensee that is focused on supplying steel piping for the multi-billion dollar industries of Gas and Water sectors. ZK has supplied stainless steel pipelines for over 2,000 projects, which include the Beijing National Airport, the 'Water Cube' and 'Bird's Nest', which were venues for the 2008 Beijing Olympics. Emphasizing superior properties and durability of its steel piping, ZK International is providing a solution for the delivery of high quality, highly sustainable, environmentally sound drinkable water to not only to the China market but to international markets such as Europe, East Asia and Southeast Asia
$ZKIN If any of the ZKIN family is looking for something to trade or swing I have been killing it on DPLS. I looks like she wants more tomorrow. The key has been to sell when the RSI on the daily hits 92 and wait for the dump to buy back in.
Another play which Eat Sleep Trade and I have been in together for a while now is OEG. I would look for it to possibly gap fill at 3.72 tomorrow with a bounce and a possible run to $5 plus before Fridays close. Someone bought 7000 call contacts at $5 for this Friday. This seems like a Citadel or Jane Street move to short it down to the gap fill and then run it to cash out on options. Big news is coming about two contracts. One should be larger than the GTS contract that sent it running over 100% in a day. It's a great long term hold as well.
I have core position in DPLS that I will hold for 1 yr min but am swinging away in the meantime. GLTA Market has been rough the last couple of days.
$ZKIN You haven't been listening to the same people who have been writing bullish for months, this is the current situation. Status and trend analysis
Analyzing the scenario of Zk International, a widening of the bearish phase is highlighted at the test of the 3.81 support. First resistance at 4.17. Expectations are for an extension of the negative line towards new lows at 3.69.