Hello there, I have to admit there is a lot of wisdom in your great post. Zerenex is questioned and increasingly adding to doubt of performance not harming anyone. I remember AFFY stock when it was trading practically in same pattern before news of people died after using Omontys.
That's why I stay away until more news will surface ,but so far it is looking not good to be a buyer.
Problem I see was the breach of 10ma and looking at the past ,stock in most cases didn't honer this support at all and next day traded right through it to new low in each such pullback. I do expect stock to trade under 10 for brief time this week.
Unfortunately for us long term investors, this trend is turning more and more down. We need to be honest to each other in fact of stock being in current valuations overvalued. Those posters with to us negative view have their reasons and we have ours. But it doesn't mean we are right and they are wrong. Only time will show .I sold portion today in high 13.20s locking some of the profit I had and would sell more if price will keep dropping.
Good luck to all.