The new scam in town and maybe it is not new but I am suspicious that lawyers are hooking up with traders to run the stock price down through fear manipulation.
Impax Labs (IPXL), Zogenix (ZGNX) Rise as FDA Won't Block Generic Opana (ENDP)
3:32 PM ET, 05/10/2013
Impax Labs, Inc. (NASDAQ: IPXL) and Zogenix (Nasdaq: ZGNX) are active as the FDA denied a petition to block generic forms of Endo Pharma's (Nasdaq: ENDP) Opana.
The company may explore various strategic alternatives, including a sale of the company or its assets or a corporate merger. The company is considering all possible alternatives, including further restructuring activities, wind-down of operations or bankruptcy proceedings.
That is why 6 is afraid.
reggie_212 is obviously no "Mr. October".
"Why I can't get no respect."
$3 immediately easy and the #1 gainer that day, then up, up, and up to $13 a share duuring 2013.
My estimation: As much as six more weeks before any news.