You are posting good information now and he hasn't been posting this week, thanks we need to hear from more than a few posters what they think and your opinion counts. I agree with your take on it. Thanks.
Real stats, I read your posts, thanks for your valued perspective. I had 15,000 shares yesterday and added this morning 5,000 more shares at $.43.5 so am now averaged at .47 on 20,000 shares. Now I am prepared to go more shares, on the prospects of a partnership and profitability. This Horst CEO is a seasoned respected man who will see his vision all coming together at the right time in his life. And mine. Good luck and thanks!
DEFINITION of 'Max Paiin'
The point at which options expire worthless. The term, max pain, stems from the Maximum Pain theory, which states that most traders who buy and hold options contracts until expiration will lose money. According to the theory, this is due to the tendency for the price of a underlying stock to gravitate towards its "maximum pain strike price" - the price where the greatest number of options (in dollar value) will expire worthless.
Today's reaction can be traced partly to manipulation by MM as option expired today. Getting it under $55 was accomplished. Back up next week.
Twoyears, Ah, that's what it means, thank you! I was right on one of my theories, yet didn't have that definition in my repertoire. This gives me a sense of relief knowing that it was most likely "just manipulation" tied to option expiration, rather than some broader theme that could linger. Let's hope our stock rights itself in December, when the most excellent Q3 report gets some recognition! Good luck!
Sentiment: Strong Buy
I just read this whole thread and there are so many diverging viewpoints that the reader is left to utter confusion, there is no consensus or conclusion to be drawn. We gained a penny today. A year from now we should be higher, a lot higher, anyone agree?
Today was the Friday when options expire for the month. Isn't that when the market maker pulls the price of the stock down to keep this month's call options from being in the money? I don't pretend to know the mechanics or 'behind the scene' typical protocol but for this to make a race from $13 yesterday to below $12 today on no news makes me believe it was manipulated down by market forces that vary from normal day to day motivations of buyers and sellers making a market. What drove it up yesterday to just over $13? What caused it to retreat steadily to below $12 today?
Another possible theme mentioned in another thread by Geringerart, that the market doesn't buy management's assurances that they will be able to build a moat around revenues 'post-exclusion' and that first quarter earnings will suffer as a result. If we have a lot or some institutions believing that to be true, there could be a rush to get out of the stock for that reason. However, with guidance and even if we lost some revenue, at today's closing price, the stock becomes very compelling to naysayers I would think.
There are so many stocks right now that are being way under appreciated by the market. Today HZNP sold off over 4% or $0.50 and why? No news, no apparent reason. This is a stock that will likely earn $1.50 next year, at 20 times earnings equals $30 per share, yet it closed at 11.93! I own Pozn shares too and am very bullish on both. Good luck!
So if I understand correctly, Zogenix getting Brabafen approved will trigger an FDA Priority Review Voucher to be released to Zogenix, and the market value of same is today by this GILD purchase $125M, and we paid $25M (is this right?) for Brabafen? Windfall purchase, why so cheap? Am I missing something?
I think all of us are ready to get on with it, this was the week of the re-sale offering of the insider shares, it's done now, after this week it is in the rear view mirror. Can you imagine had the Company not brought all these parties together giving them a vehicle to commonly dispose of their shares all at once, what we as long shareholders would face as a basher theme of insider sales being reported in a continuation pattern? It would have presented an ongoing overhang on the shares. This way, it is finished and done, we can get on with it. Kudos to management for anticipating this and handling it in the best way possible.
This absolutely is what the offering was, existing shareholders selling their shares following the merger. These insider trades could have been done in the open market over time but the way it was packaged, it all happened at once, rather than a continuation pattern over time. I don't know the individual circumstances of the holders selling, but the fact that the Company had the foresight to collectively bring all these shares together in a non-dilutive offering, giving all who wanted to cash in a right now vehicle to do so, was good for shareholders. I'd rather get it over with and move on, rather than fight the common basher theme of unabated insider selling in dribs and drabs over time.
Increased inventory for the Holidays is a good thing considering the seasonal demand presented. We got a beat in earnings and an upgrade from JP Morgan so not to worry.
He's really ruined it, people won't come to post where #$%$ monopolize the board with trash talk. He's on ignore, leaving maybe a few posts by others, page after page. Yahoo won't do squat!
I think the approval is for sure going to cause a nice pop in the price, but not that much, maybe 40-50% at most, whether it can hold is the question. Formulate your strategy now, if it's a long term hold and wait for the nice royalty stream and a likely dividend, or short term profits? Sell some, hold the balance? Remove basis, hold the rest?
We know more about the true value of this stock than those "yet to speak up"f analysts. Think about it, we can accumulate at will subject to resources, until the stock reaches fair value. I added 4,000 shares since the q3 conference call, added more POZN this week too, there's so much upside ahead. It's delayed gratification, almost back to pre-crash levels but the company value has skyrocketed, while pps has languished. That's the stock market! SGYP? You get it.
A partnership will be announced within weeks he said. They have concluded negotiations, this will be great for us, they will be profitable in 2015 and not have to dilute, they see this profitability sustaining.
ejaleo, thanks for posting this, I went to the conference link and listened. I am going to add more shares tomorrow, this was a very informative and upbeat presentation. They have set the stage for a nice growth trajectory as a leading company in a specialty field, with multiple shots on goal, and I love their manufacturing in house, for themselves and for profit with others. My position is now ready to grow by at least a third.