ZYXI is one in which I’m extremely comfortable being short 1,000 shares at $3.18 cuz as I told TIMalert subscribers (who also managed to grab 99% of the shares available to short), I’ll either get a morning panic or gradual fade over the next few days as is foretold to me by God. Yes, that’s right, God came down and showed me their quarterly report containing quotes like “We plan to increase our penetration of the standard electrotherapy market by further expanding our sales organization and broadening our product offering” and this gem: “For this reason we may raise additional capital through debt or equity financing in 2008.” which added together makes it rather obvious that this company is gonna dilute their stock sooner rather than later—no different than a million other piece of microcraps raising money like Agfeed Industries (FEED) (remember that blog post?) (look at that chart and tell me it’s not ZYXI..PS FEED is 40% lower now)—and this runup is likely orchestrated by those in on that deal. Yes, God, I love this corrupt microcrap financing game, keeps companies like RedChip aka RedSh%& in business LOL
WSCI turned out to be good for a 50 cent morning tan yesterday, I hesitated and missed out, just never really looked ideal, although it was a high percentage short off the failure to crack resistance at $10…expect further weakness, but I really only wanna … [visit site to read more]
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