This is very obvious to me where ZGNX is going to wind up. This is no coincidence that Dr. Galer is now with ZGNX, look at the drugs that ENDP has. Any of them look familiar ? Well known ?
Many times a buyout prospect , a bigger company, or the interested acquirer will have an employee, or former employee gain a management position in the company they are interested in.
Around where I live is the home base for Medtronic (MDT) and St Jude Medical (STJ) , over the years I have had both of these stocks, MDT once, and STJ three times.
Both companies have a history of an employee, or former employee gaining a management position in a company they are interested in........and within six months or less they acquire that company. Many of the companies they acquired were right here in the area.
I would not be one bit surprised that Zogenix is going to either be a partner with Endo Pharmaceuticals (ENDP) or an acquisition.
Dr.Bradley Galer now being at Zogenix is a definite tell.
I probably screwed up but I sold @ $5.10 , I was in @ $2.77 but was hoping for a lot more than what I sold for. I think GOOG has it's goons shorting the stock, that has been the problem I'm pretty sure.
A lot of people were/are worried that GOOG appeal will drag on fo a long time, maybe it will , maybe it won't.
I just had a pretty good profit that I didn't want to vaporize, and with the threat of drd driving the price down to 50 cents I just couldn't take the pressure.