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Started By
Message
ZYXI - buying more
Posted on 9/10/20 at 7:53 am
Posted on 9/10/20 at 7:53 am
Liking what I am seeing here. I have been buying on the way down, buying more today on the way up.
1
Posted on 9/10/20 at 8:32 am to djrunner
I am holding. I like the potential market for their product given the opioid crisis and trending reduction in prescribing opiates. Pain sufferers will need relief.
Will depend on effectiveness of product, management vision, and insurance reimbursements.
quote:
Zynex, Inc. manufactures and markets medical devices that treat chronic and acute pain, as well as activate and exercise muscles for rehabilitative purposes with electrical stimulation.
Will depend on effectiveness of product, management vision, and insurance reimbursements.
Posted on 9/10/20 at 8:43 am to ynlvr
quote:
Will depend on effectiveness of product, management vision, and insurance reimbursements.
I don't think effectiveness is an issue, the product has been around for 20+ years. The opportunity for growth is there because of the spotlight on opioids. Management vision is to bring sales force from 100 to 400 by end of year 2020, and they have all ready reached that. Insurance can always be tricky but they don't solely rely on insurance reimbursements. However, percentage of probability relies heavy on reimbursements.
Posted on 9/10/20 at 8:54 am to djrunner
A 50% return will get us back to $25; still below the $28+ high hit in July. That looks like a good bet in my book.
Posted on 9/10/20 at 8:56 am to ynlvr
I agree.
Posted on 9/10/20 at 11:00 am to djrunner
I sold my ZYXI this morning. It’s going to retest the lows
Posted on 9/10/20 at 11:06 am to TDFreak
We definitely jinxed it today!
Posted on 9/10/20 at 12:15 pm to ynlvr
LOL! I bought more at 15.80.
Posted on 9/10/20 at 2:20 pm to ynlvr
Lol, don't ever listen to anything I say 
I do think it is a buy, it might go down even more though.
I do think it is a buy, it might go down even more though.
Posted on 9/14/20 at 8:33 am to ynlvr
Is today the day? Up over 7% at market open...
This post was edited on 9/14/20 at 8:34 am
Posted on 9/18/20 at 9:10 am to TDFreak
Bought this LLNW and SE dips this week. I hate to jinx it but this one has had a good week.
This post was edited on 9/18/20 at 9:28 am
Posted on 10/6/20 at 1:30 pm to djrunner
bump...we are doing good here...holding 500 shares in my roth... whats the latest ?
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