ZGNX sold shares like they said they would. The FDA dragging their feet while ZGNX blowing cash waiting for partnership that doesn't happen till approval. They are selling shares to fund this gap and if it's not approved they a at least sold some shares at a better pps.
I know I will be buying. MM's working overtime scaring people to sell. This reminds me of GPRN at the bottom. MM's where screaming sell! They make their money by taking yours. DNDN is looking good we just need to see some sales moving forward and JJ said they look good moving forward. Hope he is not a liar like Gold.
I am a partner in a company and I invest in DNDN because it has the best product and I of all people know how hard it is to reach profitability with a product. DNDN is making good moves and will get their in a year The debt can be restructured, partners, and new approvals will generate more revenue to reduce % of overhead to revenue increasing margins. I called INFN on it's turn around and DNDN I believe is at the bottom. If JJ guidance was truthful then this pps is a steal.
How does Merrill L justify there evaluations on other bio's that have no revenue and only debt. Start buying the blood is in the streets and the hedges are buying. They are beating and screaming just like GRPN at the bottom. They will push this to the high 2's then they will say best company turn around of the year and the CEO will be given awards for keeping his mouth shut. Or JNJ will have their hedge fund pals push it down and try to steal it like S did with CLWR.
SNSS did the same even worse. ALXA and many more. SEC lets these companies rip people off all the time. You must be new to this game.
They want to keep retail dumb and uninformed it makes it aesy for their MM friends to steal your money. Waiting on a DB before I pull the trigger.
Low short interest only means this can go down huge and up side is more limited without a squeezzz. Shorts better positioned right now. Place your bets. : )
Let's hope the MM's can push this down hard. Need to place my full position. The short pump machine is starting up. GO SHORTS!
Altruistic, aspirations, commendable, people need perspective.....ect. I love the smart ones they cry more than anyone when they lose big. They usually end up like antiqcoll12 lol.
If they doubled the offering and the cash position was at 30mil + revenue I would have gone long. 10mil just not enough to get them more than 6 months.
Sold my .507 position at .585. Looks like I sold to early. Offering was still to small I will sit on the side lines and wait to see what NBS is going to do next, R/S or another offering in a couple months.