When Jim has said---LONG AND CALM-you didn't think it would be this long, right?
The mention of ACAD here, might be thought for re-assessment...A stock than lingers below 2.00 for 4 years or so--then bam---and hold---another bam on top!! The buy and hold of that stock are of course-real happy.
Saying that--perhaps these important Phase 2 Z160 trials--are clearly not end of story! It's possible 2014 and not 2013 will be bigger here. Just a thought with the pipeline of Zalicus.
But no doubt-upcoming LSR RESULTS HIGHLY IMPORTANT......It just may not be end of story-NO MATTER THE RESULTS!
Tab: No, I never thought it would be this long. I also didn't think that moron Daug could pull off those stunts and crash the stock four times. Think about this. If that pump and dump crud when ZLCS was around $3.30 hadn't happened and the subsequent run for the doors by the uneducated had not taken place ZLCS would have stayed around the $2.50/$2.90 area. That said then the effect of the Syn discontinuance, remember it wasn't a failure, it was a lack of the ability to create Sea Change in the market thereby diminishing its economic impact on the industry, would have probably taken ZLCS down to the $1.80/$2.40 area.
Without a question the MM's and electronic traders, assisted by the likes of Daug and all of his alter egos, along with clowns like Cramer, have manipulated ZLCS to almost a criminal degree. Now no one in the SEC gives a hoot about the manipulation of a Biotech that's trading below a buck so riding it out is the only coarse of action other than bailing. As I don't have any reason to think ZLCS is not going to present an industry changing product I will remain calm and Long and not bail.
Of coarse it would have been a stoke of genius to bail and buy back in and hang on and wait for TTMA.
If I had 20/20 hind sight, as many of the posters appear to have, I'd have 5.5 times as many shares as I have now and would have run for a seat on the board, not really.
Jim Long and calm
Hey, Jim and Tab--
What the abnormally low price does do is force management into a corner (and that might have been part of the strategy of the manipulation?).
It puts pressure on them to reverse split, or even settle for an early buyout. Anyway, it'll all be a moot point in a few months, when Z160 makes the news. I still think they should name it Zoltam.