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re: ZOM making a nice run

Posted on 2/9/21 at 7:45 am to
Posted by igoringa
South Mississippi
Member since Jun 2007
11902 posts
Posted on 2/9/21 at 7:45 am to
Keep in mind the offering doesn't close until Thursday per the Company.... so the slug of shares is not out there today.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8295 posts
Posted on 2/9/21 at 7:46 am to
I sold the last of my shares yesterday. Will monitor for a reentry point. I expect some bouncing for the rest of the week.
Posted by ihometiger
Member since Dec 2013
12475 posts
Posted on 2/9/21 at 7:48 am to
I’m out selling all of my shares this morning and taking my profits. I’ve ridden these down before thinking the price will rebound and it almost never does.

I’ll reallocate that money into CBBT and WDLF
This post was edited on 2/9/21 at 7:51 am
Posted by slackster
Houston
Member since Mar 2009
90105 posts
Posted on 2/9/21 at 7:55 am to
quote:

Presumably, once it bases out, it will come back up. At least that is my understanding. Short term drop.



It’s 90 million more shares. A 10% dilution. Historically these things take a little while to play out, but we’re not in normal times.
Posted by rocksteady
Member since Sep 2013
1814 posts
Posted on 2/9/21 at 7:59 am to
quote:

That 'someone' is the general public - not a third party. An underwriting arranges it, but those shares hit the market

Yeah, I was previously under the impression that this was some kind of deal where it wasn't diluting the outstanding shares.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
108429 posts
Posted on 2/9/21 at 8:19 am to
quote:

son of a bitch



it's still at $1.90/share, thus setting a hard floor for anyone that bought in at or below that price.

it also will infuse alot of $$$$ into the company putting it in a position to be cash forward with its activities, which should also help it (and its stock price) over time
Posted by TigerMomma4
Member since Mar 2020
471 posts
Posted on 2/9/21 at 8:26 am to
quote:

Anyone else think it drops sub $2 at market open?


Not sure if it got below $2, but I had an order in at $2-even to grab some more if it dipped. Order was filled at 6:30 this morning.
Posted by classicgold
bfe
Member since Feb 2017
6077 posts
Posted on 2/9/21 at 8:29 am to
Ya'll ready to ride this thing out? I have a few shares under $2.00 that I could sell in a couple accounts. Another account I'm in at $2.20, so I'm going to hold on to them. I'm expecting a bounce back, so I'll dump a few on the rise.
Posted by MrJimBeam
Member since Apr 2009
12907 posts
Posted on 2/9/21 at 8:32 am to
quote:

Ya'll ready to ride this thing out? I have a few shares under $2.00 that I could sell in a couple accounts. Another account I'm in at $2.20, so I'm going to hold on to them. I'm expecting a bounce back, so I'll dump a few on the rise.



I'm not just riding, I bought more premarket. May continue to add if it sticks around 2 dollars for a week or so. I'm not sure if it will considering the steam it has right now, but we will see after 90 mil shares got added what happens even on a hot stock like this.
Posted by AUCE05
Member since Dec 2009
43819 posts
Posted on 2/9/21 at 8:32 am to
Let's go
Posted by Ash Williams
South of i-10
Member since May 2009
18467 posts
Posted on 2/9/21 at 8:32 am to
It just shot up about $.30
Posted by TigerMomma4
Member since Mar 2020
471 posts
Posted on 2/9/21 at 8:32 am to
quote:

Ya'll ready to ride this thing out?


Heck yeah! This is fun My $2 pre-opening buy is already up 25%. My initial buy-in was at 1.15.
This post was edited on 2/9/21 at 8:34 am
Posted by MrJimBeam
Member since Apr 2009
12907 posts
Posted on 2/9/21 at 8:33 am to
quote:

It just shot up about $.30



Noticed right after I posted
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
6533 posts
Posted on 2/9/21 at 8:44 am to
I bought 400 more shares this morning. Holding until April at least. Maybe longer.
Posted by Shamoan
Member since Feb 2019
11686 posts
Posted on 2/9/21 at 8:48 am to
in AT's defense, he gets a lot of "what is the target price ?" and "what do you think about XYZ stock ?" he lists his target prices and has gone out of his way to do so, quit being lazy and inconsiderate (not you, but people in general), and he is a penny stock guy...whatever stock you are interested in is likely not on his radar.


some of our questions are really dumb and repetitive.
Posted by slackster
Houston
Member since Mar 2009
90105 posts
Posted on 2/9/21 at 8:50 am to
quote:

I'm not just riding, I bought more premarket. May continue to add if it sticks around 2 dollars for a week or so. I'm not sure if it will considering the steam it has right now, but we will see after 90 mil shares got added what happens even on a hot stock like this.



They’ve issued nearly 800 million new shares in the last 9 months. I’m interested to see if they’ll talk about needing more capital after this most recent offering.
Posted by slackster
Houston
Member since Mar 2009
90105 posts
Posted on 2/9/21 at 8:52 am to
quote:

in AT's defense, he gets a lot of "what is the target price ?" and "what do you think about XYZ stock ?" he lists his target prices and has gone out of his way to do so, quit being lazy and inconsiderate (not you, but people in general), and he is a penny stock guy...whatever stock you are interested in is likely not on his radar.



I could be wrong, but I’ve never seen him get upset about that kind of question.
Posted by CAD703X
Liberty Island
Member since Jul 2008
87447 posts
Posted on 2/9/21 at 8:57 am to
zom hovering around 2.25 right now...tempting
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/9/21 at 8:59 am to
Im melting!
Posted by GREENHEAD22
Member since Nov 2009
20082 posts
Posted on 2/9/21 at 9:01 am to
I got out at 2.40 and took profits from TSNP
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