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Zalicus AŞ Message Board

  • pattonjim95 pattonjim95 Nov 27, 2013 11:22 AM Flag

    Can't win for losing

    Sold Z only once on crash day for $1.34 was waiting for something under $.80 to reload. So here I sit $.05 in the hole again if I jumped in now. What horrible timing. LOL. If I could figure out what's causing the move I could make a reasonable decision as to what to do but there is nothing?????
    Jim Still calm

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    • Only thing I can think of is the short sellers wanted cleared money for the holidays... I have a feeling you will see your pps target at some point or possibly lower. Someone stomped on the ask a 1.42-1.43....

    • ujunior Nov 27, 2013 11:28 AM Flag

      every big move followed a bad news. how many times we went up nice and bam, a ATM, reverse split or other story.... what's left - z944, that's it. Zlcs still owe Oxford $10M dollar, royality are now 50% what they were, management still pull huge salaries, can't do ATM, voted against it, LPC is not allow until over $2.40 price - my guess is a pump to get some access to LPC - Novartis contract, they gave it away last yr, that expires in April.... too much volume for something real....usually things happen quietly....