Should I Finally Get Off The ZGNX Roller Coaster? - Business, Finances and Investing Forum

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Should I Finally Get Off The ZGNX Roller Coaster?

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07-14-2018 , 02:46 AM

David Sklansky

Administrator

Join Date: Aug 2002 Posts: 17,078

Correct me if I am wrong, but I think at this point the answer mainly depends on whether their main drug will eventually be used for regular epilepsy rather than just the rare varieties. So please put on your microbiologist hats on and let me know.

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07-14-2018 , 11:18 AM

btc

Challah Atcha

Join Date: Dec 2017 Posts: 2,576

If they don't have any cannabis products in the pipeline, fold 'em.

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07-14-2018 , 03:42 PM

ToothSayer

Carpal \'Tunnel

Join Date: Jul 2015 Posts: 13,237

No idea about the company or drugs, but in your original thread when you bought it at $12-$20, you said:

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10-1 Shot Getting 20-1?

You've got a 3-5 bagger at this point, or a 2 bagger vs the index. Nice work. Were your odds estimates correct? If so you're -----EV selling now.

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07-15-2018 , 03:52 PM

donfairplay

grinder

Join Date: Nov 2006 Posts: 678

For your sake, I hope it ends up better than your MNKD investment.

https://forumserver.twoplustwo.com/3...lus-ev-186993/

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07-15-2018 , 10:34 PM

Duffman08

adept

Join Date: Nov 2008 Posts: 1,011

I'm a fan of TD Sequential (have made small changes to the code myself and have built screeners that screen every asset in the world for certain parameters).

ZGNX actually popped up on one of my screeners this week.
Not knowing anything about the company at all I'd of taken profit this week and would be looking for a short.
Weekly chart was on a 9,13 (although combo which is meh) this past week.

https://www.tradingview.com/x/Y0YVtnDH/

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