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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Kip518 who wrote (1648)1/13/1998 5:08:00 PM
From: C. K. Humphries  Read Replies (2) | Respond to of 7041
 
I unfortunately sold short at 13 5/8. I sincerely hope were not in for a major Zona recovery. I haven't covered yet. Kent



To: Kip518 who wrote (1648)1/14/1998 10:26:00 AM
From: Anaxagoras  Respond to of 7041
 
<<Anaxagoras, excuse my little joke yesterday. Your analysis was on the money! >>

Thanks Ron. No offense from you was taken. I'm here to make money, and I tried to buy at 13 5/8, but didn't get filled till 14 1/8- not that I'm complaining, mind you. :-)

FWIW, I've never been short ZONA- however I considered doing so the day before Asensio came out with his strong sell, but I decided to wait just a bit longer. Bad timing. In any case, I think I've always been pretty bullish on Zonagen the company, and I've been long twice with happy results. I do a lot of shorting myself, but I do not think that ZONA is a scam, dishonest, or some gigantic fraud in any sense; that's simply ridiculous, IMO. But the shorts have made a nice call to this point, no doubt about it, this in spite of a lot of the "analysis" posted (present company excepted). :-)
OTOH, I'd be insincere if I were to say that my confidence hasn't been shaken as of late. My strategy will be to trade it both ways, but with a definite bias to the upside/long. There's a lot of risk here.

Take care out there!
Anaxagoras