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Zynex

sunbury-addicksunbury-addick
edited October 2020 in General Charlton
My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?

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    Dazzler21Dazzler21
    edited October 2020
    Yeah do it. Or ask an IFA first
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    paulie8290paulie8290
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    Dont tell us that.

    Thomas will be Selling Alfie now to make up for his stock losses
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    se9addickse9addick
    paulie8290 said:
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    Dont tell us that.

    Thomas will be Selling Alfie now to make up for his stock losses
    Might take a bit more than that - Zynex stock lost a quarter of its value today! 
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    ct_addickct_addick
    TS has already cashed in a lot of his options while still holding the majority of shares.
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    IdleHansIdleHans
    Tell him to hold. Dropped on very mildly lower than expected forecast. Will come back.
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    ct_addickct_addick
    Just hired 400 salespersons so expect sales to uptick 
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    IdleHansIdleHans
    ct_addick said:
    Just hired 400 salespersons so expect sales to uptick 
    I bought a few at $15.99 and was thinking what a clever boy as they went up 23% in about three weeks. 
    Oh well, long term investment.
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    Wheresmeticket?Wheresmeticket?
    edited October 2020
    se9addick said:
    paulie8290 said:
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    Dont tell us that.

    Thomas will be Selling Alfie now to make up for his stock losses
    Might take a bit more than that - Zynex stock lost a quarter of its value today! 
    I think that was appx 23 percent lower than expected growth rather than total value wasn't it?
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    charltonbobcharltonbob
    Permission to bed wet ?
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    Dazzler21Dazzler21
    Wheresmeticket? said:
    se9addick said:
    paulie8290 said:
    sunbury-addick said:
    My son, on my advice (lol), invested in Zynex - they have bombed. He is tempted to buy more now - thoughts ?
    Dont tell us that.

    Thomas will be Selling Alfie now to make up for his stock losses
    Might take a bit more than that - Zynex stock lost a quarter of its value today! 
    I think that was appx 23 percent lower than expected growth rather than total value wasn't it?
    Correct.
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    BangkokaddickBangkokaddick

    Its been my best performer since belatedly coming back into the market two months ago.

    Overnight it's become the worst! No panic but I think I'll keep a close eye on it for several days before considering buying any more.


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    Dazzler21Dazzler21
    Steadily climbing again today
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    RothkoRothko
    Back up in the pre market
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    ChicagoAddickChicagoAddick
    BUY BUY 
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    RedmidlandRedmidland
    Potentially a short-term market re-adjustment. Took a 23% hit yesterday but climbing back again today in pre-market.  400 salespeople just hired, so I would think sales will begin to climb again. I would advise 'holding' for now and reviewing in a few weeks time.
    NB This is not giving advice, just my opinion on the NASDAQ stock market, but you have to expect short term fluctuations.
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    BangkokaddickBangkokaddick
    Not quite sure why there was another 5% drop yesterday!
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    oohaahmortimeroohaahmortimer
    Bangkokaddick said:
    Not quite sure why there was another 5% drop yesterday!
    Trend is the markets friend (not the longs though) 
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    oohaahmortimeroohaahmortimer
    2 year chart 

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    se9addickse9addick
    oohaahmortimer said:
    2 year chart 

    Looks like an inverse of 10 year UK GDP!
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    kentaddickkentaddick
    edited October 2020
    looks like a good old pump n dump.

    Looks like its bouncing down and with that volume it will fall further. back to around 10.00
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    Wheresmeticket?Wheresmeticket?
    edited October 2020
    Thank god I put all my capital into the brewing industry.
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    killerandflashkillerandflash
    Going down, going down, going down. Going down, going down, going down.
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    kentaddickkentaddick
    my guess is the stock price graph for zynex is very similar to a lot of medical supplies companies - price rocketed during lockdowns and now we're coming out of them the price returns to normal levels.
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    Spitfire76Spitfire76
    Think TS needs to push the Scottish market ,competition is incoming!! 

    'Game-changer' drug to tackle addiction https://www.bbc.co.uk/news/uk-scotland-54433312
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    _MrDick_MrDick
    ChicagoAddick said:
    BUY BUY 
    Yeah, see ya around. It's been a pleasure 
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