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Zynex

sunbury-addick
sunbury-addick Posts: 1,930
edited October 2020 in General Charlton
My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
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Comments

  • Dazzler21
    Dazzler21 Posts: 51,360
    edited October 2020
    Yeah do it. Or ask an IFA first
  • jacob_CAFC
    jacob_CAFC Posts: 2,063
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    you've stitched him right up  :D:D:D:D
  • paulie8290
    paulie8290 Posts: 23,344
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    Dont tell us that.

    Thomas will be Selling Alfie now to make up for his stock losses
  • se9addick
    se9addick Posts: 32,055
    paulie8290 said:
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    Dont tell us that.

    Thomas will be Selling Alfie now to make up for his stock losses
    Might take a bit more than that - Zynex stock lost a quarter of its value today! 
  • ct_addick
    ct_addick Posts: 4,338
    TS has already cashed in a lot of his options while still holding the majority of shares.
  • IdleHans
    IdleHans Posts: 10,972
    Tell him to hold. Dropped on very mildly lower than expected forecast. Will come back.
  • ct_addick
    ct_addick Posts: 4,338
    Just hired 400 salespersons so expect sales to uptick 
  • IdleHans
    IdleHans Posts: 10,972
    ct_addick said:
    Just hired 400 salespersons so expect sales to uptick 
    I bought a few at $15.99 and was thinking what a clever boy as they went up 23% in about three weeks. 
    Oh well, long term investment.
  • Wheresmeticket
    Wheresmeticket Posts: 17,304
    edited October 2020
    se9addick said:
    paulie8290 said:
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    Dont tell us that.

    Thomas will be Selling Alfie now to make up for his stock losses
    Might take a bit more than that - Zynex stock lost a quarter of its value today! 
    I think that was appx 23 percent lower than expected growth rather than total value wasn't it?

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  • charltonbob
    charltonbob Posts: 8,269
    Permission to bed wet ?
  • Dazzler21
    Dazzler21 Posts: 51,360
    Wheresmeticket? said:
    se9addick said:
    paulie8290 said:
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    Dont tell us that.

    Thomas will be Selling Alfie now to make up for his stock losses
    Might take a bit more than that - Zynex stock lost a quarter of its value today! 
    I think that was appx 23 percent lower than expected growth rather than total value wasn't it?
    Correct.
  • Bangkokaddick
    Bangkokaddick Posts: 4,299

    Its been my best performer since belatedly coming back into the market two months ago.

    Overnight it's become the worst! No panic but I think I'll keep a close eye on it for several days before considering buying any more.


  • killerandflash
    killerandflash Posts: 69,891
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    The analysts were worried about the Paul Smyth deal
  • Dazzler21
    Dazzler21 Posts: 51,360
    Steadily climbing again today
  • Rothko
    Rothko Posts: 18,813
    Back up in the pre market
  • ChicagoAddick
    ChicagoAddick Posts: 4,394
    BUY BUY 
  • Redmidland
    Redmidland Posts: 44,700
    Potentially a short-term market re-adjustment. Took a 23% hit yesterday but climbing back again today in pre-market.  400 salespeople just hired, so I would think sales will begin to climb again. I would advise 'holding' for now and reviewing in a few weeks time.
    NB This is not giving advice, just my opinion on the NASDAQ stock market, but you have to expect short term fluctuations.
  • Dazzler21
    Dazzler21 Posts: 51,360
    Redmidland said:
    Potentially a short-term market re-adjustment. Took a 23% hit yesterday but climbing back again today in pre-market.  400 salespeople just hired, so I would think sales will begin to climb again. I would advise 'holding' for now and reviewing in a few weeks time.

    NB This is not giving advice, just my opinion on the NASDAQ stock market, but you have to expect short term fluctuations.
    Errrrrrrrrrrrrrrm...
  • Bangkokaddick
    Bangkokaddick Posts: 4,299
    Not quite sure why there was another 5% drop yesterday!

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  • oohaahmortimer
    oohaahmortimer Posts: 34,170
    Bangkokaddick said:
    Not quite sure why there was another 5% drop yesterday!
    Trend is the markets friend (not the longs though) 
  • oohaahmortimer
    oohaahmortimer Posts: 34,170
    2 year chart 

  • se9addick
    se9addick Posts: 32,055
    oohaahmortimer said:
    2 year chart 

    Looks like an inverse of 10 year UK GDP!
  • kentaddick
    kentaddick Posts: 18,729
    edited October 2020
    looks like a good old pump n dump.

    Looks like its bouncing down and with that volume it will fall further. back to around 10.00
  • Wheresmeticket
    Wheresmeticket Posts: 17,304
    edited October 2020
    Thank god I put all my capital into the brewing industry.
  • killerandflash
    killerandflash Posts: 69,891
    Going down, going down, going down. Going down, going down, going down.
  • kentaddick
    kentaddick Posts: 18,729
    my guess is the stock price graph for zynex is very similar to a lot of medical supplies companies - price rocketed during lockdowns and now we're coming out of them the price returns to normal levels.
  • Spitfire76
    Spitfire76 Posts: 1,136
    Think TS needs to push the Scottish market ,competition is incoming!! 

    'Game-changer' drug to tackle addiction https://www.bbc.co.uk/news/uk-scotland-54433312
  • _MrDick
    _MrDick Posts: 13,108
    ChicagoAddick said:
    BUY BUY 
    Yeah, see ya around. It's been a pleasure 
  • SomervilleAddick
    SomervilleAddick Posts: 3,577
    So many thread choices to post this on

    From todays Boston Globe.

    How a device maker inundated pain patients with unwanted batteries and surprise bills 

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