New Bull RunWith oil prices going up surely this is one stock that will benefit the most. We can see in last trading session it has almost broke the resistance and now its gearing up for the next leg up.
I think it will retest the support area before going any higher. Price has to go past 35.00 with big volume to eliminate any sellers present that will boost buyers confidence to add more quantities, we will see fresh bull rally.
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Oilcompany
ZEST buy cheaper than insidersThe CEO and the CFO bough ZEST shares at $2.77 - $2.85 thinking they were a bargain.
Not the stock is $2.37, close to all time low, with a 52 Week Range: $2.00 - 17.00.
Beside the food and oil, Ecoark owns a crypto company that was registered for an IPO.
In the DEFY IPO filing is mentioned that Ecoark`s shareholders will receive 80% of the new company!
Last year ZEST Ecoark had a $20 Million Registered Direct Offering Priced at a Premium to Market of 3,478,261 shares of its common stock at a purchase price of $5.75 and the warrants have an exercise price of $5.75 per share.
And the stock was down ever since.
But the upside is still there, if an institutional investor agreed for that premium to market private placement.
For sure they did an extensive due diligence.
Successful oil well in LA announced.
Huge volume last week, 18M shares traded in two days.
Deloitte's request to dismiss the lawsuit ZEST vs Deloitte dismissed.
11 months post Ecoark vs WMT trial.
Ecoark Holdings engages in oil and gas, financial services, and food freshness management solution businesses in the United States.
I think this stock can easily double or triple at some point in the pre-market.
Keep an eye on it, it`s a premium call!