The company is worthless on paper. I am just being optimistic on the basis that the Zohydro royalties will keep ZGNX afloat. Currently at the moment there is NO growth aspect (Which is what the market always wants), so tomorrow the PPS more than likely will fall. When it does buy more...This is a long term play not a swing trade. ALSO, Long PTX and ALKS; Since both there performance will somewhat correlate with ZGNX.
Sorry to burst your bubble; I have been watching this stock since 2012 and they have a distinct earnings pattern. When they do ER before the market it is good news, when they do after the market closes its always bad news and the PPS normally tanks. This company is worthless and the only thing holding it up is the potential sales royalties of Zohydro which have not occurred yet. I predict it tanks to $14.00. When it does buy more. GLTA