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Message: Re: Would you borrow to buy?
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Aug 01, 2014 10:27AM
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Aug 01, 2014 10:34AM
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Aug 01, 2014 10:38AM
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Aug 01, 2014 11:12AM
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Aug 01, 2014 11:59AM
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Aug 01, 2014 07:33PM
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rav
Aug 01, 2014 10:33PM

Your ideology is very similar to mine. I wouldn't borrow if I couldn't make the payments without hurting my lifestyle. I agree with you in the fact that Zen could fetch up to $60.00 a share, though I would be really happy with $20. When I posted that question people were concerned about my finances and rightfully so I guess. I can handle my finances I just wanted their opinion on whether they thought the idea was a good one considering most on this board feel ZEN will jump considerably once the PEA or a possible buy-out is announced. I wouldn't personally borrow $30,000 to buy more shares however I certainly would entertain maybe borrowing $10,000 as the SP price is still dropping as I type. Being conservative and lets say the SP goes to $10. 5000 shares x's $10 is $50,000.

And you are correct IMO ZEN is not a venture stock anymore.

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