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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Jim Roof who wrote (305)3/10/1998 3:04:00 PM
From: Bill Wexler  Read Replies (3) of 4634
 
Sorry to disappoint you Jim, but Zona is rigged. All that means is that a large percentage of the float is controlled by a few individuals or institutions which may initiate a short squeeze by calling in stock or - ironically - selling their stock which effectively forces a call-in of borrowed shares and temporarily supports the price while insiders bail.

Zonagen will trade in the low single digits. The past price performance (i.e. "the chart") has absolutely no bearing on future prices.
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