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Zogenix, Inc. Message Board

  • tables777 tables777 Feb 14, 2013 1:11 PM Flag

    Others have begun to notice the institutional buying...

    Is it an expectation that we will win approval or a longer term bet on Relday? If it's the latter, I would think that institutions would wait until after the decision, if they thought we would not be approved. What do others think?

    Sentiment: Hold

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    • On Yahoo finance for Zogenix when you click on "insider Transactions", the 3rd quarter of 2012 showed over 5,000,000 shares being sold compared to what was purchased. It just updated for the 4th quarter 2012 and the information provided by Thompson Financial shows over 8,000,000 shares being sold, or 21% of total institutional ownership. Most posts have said institutions are not selling but this shows otherwise. Am I reading this correctly?

    • I was institutionalized once and they taught me not to think.
      Even without hozydro, zoggy is still a 2 dollar stock.

      With approval they go to 4 and then creep upward with each quarterly report reflecting a just market value or a prejudiced market value.

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