That was a real persuasive analysis Cat, however, where do you get the facts to support your position that "good phase II results will result in doubling the money" someone puts down on the table?
Now, ZLCS has already plunged 45% and at that rate, even if PH II results ate positive, unless there is a triple upward tick as you opine, there still remains a loss.
You are way off EmptyBagger, that sound was Scistats sticking his wanger up the rear-end of all the dreamers.
He and his gang played the same tune a couple years ago when ZLCS hit a high of $3.21. The dreamers, (of which I was one) held on for the prospect of seeing $5-$6.
When someone is pumping, ya gotta pay attention to the fact and if there are none, run, don't walk.
Take a look at ALDW. it is not a biotech, but a refinery.
It popped 20% last week on no news, then plunged 15% today on no news.
I bought shortly before the rise, then sold today before the plunge.
There was no manipulation of that stock like here, but, ya gotta pay attention to the fundys and techs.
Hey Y, ya should have dumped when I did on 9/30. IMO, if Corrigan and his cronies are not buying, then, Z160 is not what it has been hyped to be.
I gotta dump ALDW today. It was a bad bet. I bought for the 18% yield, but it dropped a couple bucks from my buy in, then, for some strange reason it rose four bucks a few days ago. I will take my meager $400 and go look for something else.
Good luck Y.
"Money you can lose." Hey MathWiz, if you have moola to throw away, how about putting into my Scottrade account?
I never met anyone who has money that they can lose.
You are full of dung!!!
The longs want new money from the uninformed to buy onto that story. Z160 has a very small target audience , so, get the hell out why you can. Just look at the charts.
Sentiment: Strong Sell
Hmmm, I wonder if the longs are wondering how much upside ZLCS has since it fell over FORTY per-cent since the R/S?
This POS is heading down to less than a buck, so, when it does another R/S, how many shares will you longs have left after the initial R/S?
You are right Table. If you are long, good luck. Be careful. check out PSDV which experienced the same hype as ZLCS for about the same time period this year.
I loaded up at the beginning of the year at a tad over two bucks based on a tip from a pal. The stock was running on hype that FDA was going to approve a new drug. It rose to a tad over five bucks last month at which time I bailed. My pal hung in. It rose another quarter, maybe fifty cents more, then plunged to the low 2's to just about where my pal bought.
I talked to my pal this morning who told me the stick was up to the high $2's, but doubts it will rise much more, so he is dumping tomorrow.
Be careful with all the hype on this Board.
My post herein was made in jest, simply to stir up the masses. I am not a ZLCS basher nor do I wish any bad luck to anyone who has money riding on ZLCS. No one wants to lose money, however, too many people don't look at the facts, but want easy profits. There is no such thing.
IMO, if Z160 appeared to have positive results thus far, Insiders would be buying. Since that has not occurred, I will just watch from the outside, with money to put back in if i see some good news.
I don't want a repeat of two years ago when I was holding at $1.98and ZLCS surged to $3.21 and I did not sell. Had I done so, I would have made a good profit, then I could have loaded up earlier this year at .40 and made another batch of green.
CandyMan, you are right on one point, I failed to load up under .60. IN my case, I loaded up at .80, then at .73. Unfortunately, a couple years earlier I also loaded up $1.98, failed to bail when ZLCS surged to $3.21, which was definitely not a wise decision, subsequently cutting into my profits significantly. However, I still managed to walk away with almost 3k on 9/30 after calculating the loss at $1.98.
I am a l solo practitioner lawyer, so, albeit I do work, I only do so in the winter months after I spent a lot of time on the Colorado River in Earp, CA. With respect to your opinion that I answer to the "bossman," if you consider my wife the boss, then, yeah, I must do some answering.
With respect to your opinion that I don't know anything about ZLCS, you are wrong.
Before I purchase a stock, I conduct my dd and in the case of ZLCS, my decision to sell and watch form the sidelines was based upon my dd, coupled with the manner Corrigan runs ZLCS. IMO, which is based upon the history of ZLCS, it was my best judgement to run, not walk away from ZLCS. However, as pointed out above, it was my judgement to keep an eye on it from the outside just in case Z160's results are positive, which results in an uptick to the price.
As you can discern, or should discern from the R/S, based upon Fridays close, ZLCS would have to surge fifty per cent to make up for the significant loss. When considering that fact, that leaves very little profit to materialize.
I don't like management. I don't trust it based on the way it has run this company.
If you have the time, take a look at PSDV, another biotech that had a good prospect in its portfolio.
In March I loaded up at a tad over two bucks, ($2.17) a few months later, maybe June when I was at the River it rose to the mid $3',s, then around September 17, when I sold it rose to $5.10 I sold.
The rise was based upon receiving favorable FDA results on a drug. It failed and the priced plunged 50%.
Well longs, whatcha got to say today, now that this POS ZLCS is below the R/S? Do you think, maybe ya should have bailed on the last day of September. Come on, tell the truth.
Hmmm, if it keeps going down that way it has been since 9/30, it could reach .72 cents post R/S price.
Sentiment: Strong Sell
Fins, if you own ZLCS, then just admit you made a mistake, sell, and go put your money in CD's. If you stay in the market with your acumen, or more accurate lack thereof, you won't have any money to buy your kids any shoes for Christmas or a mop for your wife to clean up the mess you leave in the bathroom when you realize ZLCS is valued at .75, post R/S price, not pre.
Since you are keeping track of me Collins, I will be more exact, rather than generalizing. On 9/12 I purchased 525 shares of ALDW at $14.45 ps, and on 10/3 I purchased 350 shares at $12.33, in part from the $2784.00 in profits I took out of ZLCS.
I would have made more on ZLCS ($4325.00) had I not taken a loss on the 1744 shares of ZLCS I purchased on 1/20/11 for $1.98. Fortunately for me, ZLCS rose shortly before I sold or I would have really been in the hole, the way all the longs will be if they don't get the hell out while the going is good for those who bought at .40.
Now that you know the facts Collins, if you want to measure the size of my #$%$, let me know.
Moreover, since you are paying attention to my posts, why don't you release your data so I and everyone else will know whether you are upside down, thus the reason you are pumping this POS.
Don't tell me everyone who bought under .80, or over .80 are not crying like baby's for not getting the hell out by 10/01.
I was thoughtful enough to give you a tip on a stick that may have good upside potential, and what do you do, put me down.
When you get burnt with ZLCS, I will be clapping.
Skull, it is down to $4.34 which makes it SEVENTY-TWO CENTS, well below its R/S price.
Had I not sold on 9/30 I would have forfeited over 5k in profits.
Even if Z160 results are favorable, the best ZLCS will do is rise about 25% to 30%. Do the math if you can and you will see the benefits are not good enough to gamble on.
Check out ALDW. I put all of my winnings in that stock on 10/3 when I sold ZLCS and I am up about 35%. That is what the market is about. Taking profits and looking for companies that will dish out more, rather than wishing and hoping a stock will rise from the dead.
Even if ZLCS could back up a truck and load up on Viagara, even that won't help it rise.
Why is ALDW surging the past couple of days?
I bought in Septembe at $14.45, watch it drop to $11+shortly thereafter and now it surges.
I know it plunged significantly in the past year, but, I see no news to warrant the surge.
A few weeks ago I dumped OUTR after it fell 20% because management prematurely released very negative information that profits would plunge significantly in October.
Then, a few weeks later it surged to regain all of its loss when a solo investor bought 13% of the outstanding shares. The new large shareholder was pulling an Ichon, with the intent to dictate how the cmpamny would be run.
I figured that was BS and management was in collusion with the new investor to purposely bring shares down, thus the reason for the advanced release of bad news. I never trust management in any company.
Is this happening at ALDW?
Just some thoughts.
I apologize for the "you deserve" comment. No one deserves to lose or gain anything. We all should use our best judgement based upon past experiences and if we win, then that is great, but if we lose, then it is another learning experience.
I don't wish and ill will to anybody on this Board. Because I don't own any shares any more, I have no vested interest if the stock surges or plunges, but if the former comes to fruition, then, I can use that as something learned and maybe jump back in for some quick profits,