Like I been saying ZGNX stock is getting picked up for free by The Big investment firms .Vanguard has added 250,000 shares
Go to Nasdaq web site click on institutional ownership.The Big guys have been buying into fear from many uninformed momentum traders.
The hard truth is most people who own a large position are At best averaged in around $2.20 pps. Having all these shares in the red now is enabling unsrupulous Marke Maker / crooked hedge fund to short for the time being. And until The great earnings are released at the stock is all over CNBC with great report These pricksters will cover and be buying long .Just Add more down here because it will start to go back to year highs by todays session
.The Fact the bosses have have filed for a Bonus is evidence they know the company is going to be making Billions in near future.
Sentiment: Strong Buy
Big money buying all weak hands shares for free Zo will be rocketing to all time highs when they know your gone.Big Boys scaring little people same game always.
The commentator mentioned this to some super conservative anaylyst and his response was well we do not speculate a stocks value based on a buyout that is not a formula used in the investment anomoly .The man did mention however we do expect a few smaller biotechs will be bought out do to current stock prices do not match valuation at all they are almost at single multiples. Well The entire time all that I read in this guys eyes was Zogenix. Zogenix is practically free right now I Am positive a buyer will be announced very very soon.Good luck with all the money the people who loaded up whilen
Market Makers ran it down unjustly1
This company is on fast track to market the moat effective safest treatment for schizophrenia with RELDAY. ALSO ZOHYDRO is just getting started to pick up steam very fast. And lets never forget Endo is globaly marketing sumavel and paying royalties to Zogenix. So 20 or so million in royalties is nice coin for not lifting anything heavy.
Perhaps by wednesday insiders buying will have to be made public. That would be the choke hold before the squeeze after earnings blow away estimates.
ZGNX CAN POP TO $1.86 as fast as you can reload your your quote screen. Hope you did not fall for very good head fake . Shorts are getting to cover very cheaply.Earnings take us Above $3 easily.IMHO
Some big time short covered 500,000 today from $1.46 to $1
50. I have to give them credit they can manipulate as much as they have to to keep profits .Bottom has hit double bottom and just as in a rally to the upside it signals the stock will take off to new highs from here.
I would be surprised if scripts are not more like 2000 plus a week with re ups and new scripts with the great ad campaign first script free. Then $25. For next 4 scripts. When patients see how much better they will feel with pure hydrocodone not poison laced other hydrocones they will keep being prescribed Zohydro .It really is the best pain medicine I have ever been prescribed. Do not be shook out by hedgers looking to steal millions of shares at insane prices. I see a competitor making an offer at 500% premium to these dirt cheap prices
It is unbelievably insanely cheap! It should be $3.50 today not $1
50 these super low prices are like crazy eddies they are insane. I am really looking to see a buyout very soon.
Earnings will be much much better than anyone expects And the competition will see how much they are losing to Zogenix in just last 90 days and only will keep getting more and more of their market share for this fact alone A buyout will be made.
At this price anyone can buy .I feel today was as low as they can force it. I think it goes zooming up from here. Expect to see insiders loaded up big time today.
Only wondering if the pps on the buyout will fetch $8 or $10 per share. It must be a legal issue so they can take some nice coin from the deal without breaking embezzlement laws.