I own ABBV since it was split from ABT last year and I have not read anything regarding any interest in ZLCS. I wish ZLCS would just get to .91 so I can unload my $1.98 and .73's.
I just got burnt big time on OUTR, lost 1/2 of profits when management released lousy mews a month before earnings. I am waiting for Corrigan to do the same thing which will %^$# us all. I hope I am wrong, but haven't seen any good news coming out of ZLCS since it fell from $3.21 two years ago.
I am not a basher, so, please don't get p/o'd at my post; just rambling out loud.
I hope you are right Mr. Stevens. I gotta make up for my losses as $49. I exited too quick last year when it appeared Romney had a good chance to win the "erection" after the first debate where he whipped Hussein, (bought at $5+, sold at $7). Had I hung in until it hit $10, there would have been no losses at $49 and I would be history. But, I am back in at multiple buys at $6, so, with winter on the horizon, Hussein in the bunkers, maybe ANR will jump to $9 shortly, meaning by Christmas. Ah, that we be a great present, allowing me to buy some shews' for the kids.
Come on Daugh, bring some buyers in so those of us who did not get out when you did, can.
I am out at $1.10. I put in a sell for $1.27 on Sunday, but, when it did not fill this morning, floating around $1.18, I just took my profits. Yeah, I could have held on to late afternoon and made an additional $1200.00, but I don't trust ZLCS because I got burnt tow years ago when it rose to $3.21, then fell to $1.40, then .40.
As the old axiom goes, a person never gets hurt taking profits and I don't know anyone who is lucky enough to call the top, or bottom.
When it falls to .80 I may load up again. That said, maybe the mm's will keep it up over a buck to avoid the R/S, but I ain't betting my money on it. I made 50% in a year, so, I will not complain nor look back.
Maybe I bailed too early, maybe not, only time will tell. Receiving Orphan Drug status does not equate into not having to prove FDA benchmarks, so, now that the hype of receiving the ODS wears off, IMO, so will the surge.
I know the frustration of hoping and praying that a stock will deliver large dividends, so, I understand the high fives that are being passed about on this Board.
The great thing about the Market is that anyone can buy a stock at anytime, so, it ZLCS keeps rising, then, if the prospects look good for my dollars, I may jump back in.
Calling me stupid for taking profits, when the future is really not as bright as many seem to think it is, is stupid.
Everyone, even the Daug and his myriad of monikers are here to make a buck, so, unless someone is being unscrupulous with a post such as Daug, applaud those who make a buck, rather than bash them.
I hope all you longs make what you want. Good luck in that pursuit.
No complaints. I took my profits, BUT, always looking to make a buck, if I see more upside, I may jump back in.
I took my ZLCS money on Monday, loaded up PSDV on Tuesday for $4.06, sold hours later for $5.51.
The bottom line, maybe I unloaded ZLCS a tad too soon, only time will tell, but I made up for any downside by loading up on PSDV and quickly liquidating it.
In other words, I made a quick 5k in less than 24 hours! I could not have made that in ZLCS.
Big John, your guess is probably as good as mine about ZLCS's future.
In a nutshell, ZLCS, by obtaining "Orphan" status was very good for lifting ZLCS from .70 to where it is today, however, OS does not equate to making Z160 a success at its present trial. That fact, is what scares me. Z160 still has to pass muster just like any other drug, albeit the number of "test" participants is less.
"If" it fails to do so, then, it makes a big plunge.
IMO, which is often wrong like most other people who play the market, all the hype is about done with the current surge and much more upside depends on how Z160 performs at years end.
I wish I had a crystal ball to to look into to give me the answer. Since I don't, I just will take my profits and keep an eye out for other possibilities, ZLCS remaining on my radar.
Since a couple posters referred to me as being obtuse, insipid, stupid, I wondered, has any of them done the requisite research to determine how many drugs designated "Orphans," succeed?
If not, then, rather than calling me names, they should do that first.
I am not Daug, or any of his aka's.
Maybe I bailed too soon, maybe not. Time will tell.
Let me see if I have this right. Last Friday, 9:27 a.m. EDT, a news release reveals that ZLCS was granted "Orphan Drug" status, and moments later ZLCS goes from .75 to .97.
Now, after fluctuating from a buck to $1.38, ZLCS releases news that the R/S goes into effect tomorrow. I have a question? Why the rush now that it appears ZLCS is a winner and is over a buck? It sure appears to me that the rejoicing will be coming to an abrupt end soon. Emmmmm. Soon has arrived as I see that ZLCS just lost the momentum and is down to $1.01 after hours. Tomorrow another .25 (using non R/S figures) Who just got shafted?
I am not laughing at anyone. Wall Street is equal opportunity: it fornicates everyone, white, black, brown, yella, male and female alike.
If I am wrong, I apologize. The proof will not be found in the pudding tomorrow, but in the stock price.
I am glad I go out on Tuesday. Whew!!!!!
Do the math.
Lets do some guessing tonight where ZLCS will settle tomorrow. IMO, it will settle well below $5.00, between $4.50 and $4.75, which gets it back to the price it was on 9/26/2013.
Take a look at PSDV which may be a better bet. It jumped a buck n a half on Monday when I dumped all of my ZLCS. I have since dumped PSDV, but the technicals and fundys look much better than ZLCS.
I am not dumping on ZLCS or pumping PSDV since I no longer own either.
Orphan status. FDA grants orphan drug designation based on the number of patients diagnosed with the disease, not on the efficacy or safety of a drug. Duh!!!!
Always trust your instincts; rarely go wrong doing so.
Sit back, watch where ZLCS goes in the next week. You can always buy. You don't have to buy at the bottom to make money.
A lot of us lost money for a couple of years and last week when we finally got some good news, some of us bailed. Did we bail too early. If after hours tradings is any indication, we did made the right decision.
That does not make us bailers any wiser than those who did not bail. Just more cautious and not as risk averse.
I truly hope everyone makes money.
I have made my share of mistakes the past 13 years, one as recent as a few weeks ago when I jumped aboard ALDW for the 18% divi, thinking the 50% drop in price was over. It fell another 9%.
I dumped my 17,450 shares on Monday on the premise that an R/S would happen by today. ( I was a day off)
That said, dumping was a gamble because if Corrigan knew Z160 was going to be a success, he would hold out for ten days so an R/S would not be needed and I would ahve lost a many thousands of dollars.
Now that the R/S ahs been implemented in the manner it was, if I was still hloding any ZLCS it would be in the sell block quickly.
Good work Stockbird.
Although I bailed on Monday because I was of the opinion the ODS was being overblown, I have been long since January 2011.
I despise guys like YoungInvestor who use the Boards to manipulate others.
Yep, the news was known, HOWEVER, the date of the R/S was not.
I got out on Monday thinking that Corrigan might do a R/S because he knew PH II would not be a success.
Come on. Are you longs so out of touch with reality that you do not think Corrigan has a finger on the pulse of Z160 PH II amost every day?
We were all in the proctologists room since we bought ZLCS. If it was not Daug or one of his aka's doing us, it was management.
If I am wrong, well, I lost some money, though not as much before the R/S. If I was right,then I was lucky calling it a sell.
"That thinking," by Joey G, is the reason he will make money and Powderfinger will be losing all of his in ZLCS.
Wake up, ZLCS management screwed all the longs and those who jumped in since Friday. I bailed on Monday at $1.11, (been long since 01/11) and albeit I could have waited another day for the high at $1.32, but knowing how the market/management is out to screw the white man , (I had a similar experience with OUTR a few weeks ago, management gave out great expectations two months earlier, then slashed it 50% a month before earnings, resulting in several grand of profits lost) and have no regrets.
Where is all the institutional buying today, which was supposed to occur.
Dead company, lousy stock.
Don't be #$%$ at reading the facts.