ZENG - Continues To Impress

The pennystockguru looks to have called the ZENG bottom late last month.  Since then, and since our alert, ZENG continues to exhibit positive momentum.  The stock pushed toward a resistance level at $.028 today, and the stock now stands a few ticks below that on above average trade.

http://pennystockgurus.blogspot.com/2009/10/zeng-beginning-of-move-to-upside.html
http://pennystockgurus.blogspot.com/2009/09/stocks-to-watch-monday-september-28th.html

Remember that this stock is not highly regarded by Pink Sheets, as it carries the lowest grade of skull and cross bones.  For a penny stock this means utilize capital you can afford to lose to buy this stock (if you  happen to decide to do that upon your own free will).  For the penny stock guru this means don't hold the stock for any extended period of time, and use extra caution. As you can see the skull and crossbones did little to stop this stock from posting gains.  It is not always the final nail in the coffin for a penny stock, as ZENG has quite clearly shown.  Just as some horrible penny stocks carry higher Pink Sheet ratings, some decent penny stocks carry the skull and cross bones. 

Let's see what ZENG does from here.