I tend to agree. Especially since there has been so much selling from Lincoln Park Capital. ZLCS is still raising money and diluting, good news is, they're just about done if not completely out of shares now.
I'm curious as to what the results were of these past posts between Scistats and StockDaug? Were people slaughtered or what?
The real craziness here is how Z is selling so much stock at these prices. It's a tell to the market- whether they like it or not- that they don't believe the stock will go higher. Tough call, if I were in their shoes. Would I be doing the same thing?
This has everything to do with the dilution that company management is currently dishing out in order to get money from Lincoln Park Capital. Read the 10-Q.
Management is to blame. Any time they use these ATM financings, the price goes down. What are they thinking? Why not wait until the PPS is higher? Even pre-catalyst?