Zonagen (zona) - good buy? Message Board

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Biotech / Medical : Zonagen (zona) - good buy?

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To: Bagladdy who wrote (1596)	1/9/1998 3:31:00 PM
From: Bill Wexler	Read Replies (1) of 7041

<<when would you suggest to cover?>> Personally, I don't intend to cover until the stock trades in the low single digits, I always say "short Zonagen to zero" but there is always the possibility it may remain a "zombie stock" (i.e. the company stays alive and the stock continues trading in the cellar) for a very long time. In fact, I shorted more today at 15. Naturally, the stock may bounce and be volatile for a while...but I have no doubt that the price will eventually hit the floor. Zonagen is a fraud and a scam.

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