Zynex Inc. (ZYXI)

[penn33c]

Looks like Nov 2nd is the 3rd quarter reporting and conference call!!! All indications are its going to be nice

[penn33c]

These numbers going forward are awesome Oh ya current numbers are awesome also

[Twinsoul]

As far as I know... Yes
We should see when the 10Q comes out in about a week from now.
THIS STOCK IS SUCH A MULTI BAGGER NO BRAINER

[penn33c]

There are getting cash rich!!! Are they still buying back shares?

[Twinsoul]

There it is!
Beautiful results.

[Twinsoul]

My guess is it will be like you wish.

[penn33c]

Stock seems to be firming up!! Hope there 3rd quarter is nice

[SmallCapStockAlert]

ZYXI is starting to grow rapidly and CMXC is right behind but shares are only 20 to 25 cents. I am being both. https://seekingalpha.com/instablog/21922151-bioresearch-alert/5642173-cell-medx-files-510k-submission-fda-for-short-path-to-commercialization-of-promising

[penn33c]

are you going to listen to webcast today?

[penn33c]

I think those are the shorts controlling that if we could go up steadaly they would be gone

[penn33c]

I believe 50 for sure!! I have had this stock for many many years

[sokrman14]

You guys aren’t the only. I’m still holding. Waiting for the next breakout. Tired of it bouncing from 14-18 though

[Twinsoul]

I sometimes had the impression you & I were the only longs left, LOL.
But I am quite convinced somewhere in 2022 we'll see 100 bucks per share.
Good luck mate!

[penn33c]

This is just the start I have been long a very long time!! I might sell some at 60 bucks

[Twinsoul]

KABOOOOOMMMMMM!!!
Congrats to the longs

[penn33c]

And when they add sales people slower than before !!!
It will be a very small amount on the bottom line

[Twinsoul]

If you analyze the business model, the hiring of the reps (quadrupled in 2020), the costs assisiated with training, the time it takes for a salesrep to be productive, the lifetime and break down of order revenues...
Guidance of the company points towards an EBITDA of apx. 30 cents/share in Q4 if you break it all down.
You do the math...

[sokrman14]

I’m still in….but people have been saying that for a year +. What makes you confident this time?

[Twinsoul]

Mark this post: $40.-, maybe even $50.- before EOY.
IMHO

[penn33c]

Looks like there expanding there manufacturing space again!!! SHIP SHIP SHIP

[penn33c]

Buy ins .com upped there price target to 24.25

[LW89]

Unlikely

[penn33c]

So basically 80 million sales last year
150 million this year
300 million in 2022

WOW

[aCryptoKing]

But if it taps I'm going to chuck the remaining 10% original buys AND THEN whatever I may have added. She has got to show me strength otherwise ... Daddy no happy! So much for any real re-test. Which is perfectly fine with me. She's a going lower that $17.50 for sure & will likely break DOWN below $17.25

Watch her rate of descent for cluuueees you can USE!

[aCryptoKing]

Going to start picking off some below $17.25 if she slows down here rate a bit. Otherwise, I think it's a test of $17 & below for this bad bitch!

[aCryptoKing]

Get ready for the DROPPITY! Hopefully it's just a lunch-time lull but
ONE NEVER KNOWS does one!

[aCryptoKing]

So i sold 90% just above the 200DMA @ ~$17.50 & will try to reload before she dumps
back into support for the next move up & close above

[penn33c]

Should be slow trading today waiting on conference call

[Twinsoul]

That's a very reasonable PT.
We're in for a huge run.
ZYXI-fun times about to arrive.
Pay off time after the in depth investments (reps) seems to be around the corner.
All IMHO of course

[penn33c]

I am hoping for 50 bucks this time next year

[Twinsoul]

Yes, when issuing the 10K I hope they'll come up with a guidance for the year.
2021 will be the year (IMHO) that ZYXI will come out of the woods. A clear guidance would be helpful for the investment community to understand the correlation between (the pace of) hiring reps, related costs and lagging orders / revenues.
The math is quite easy to be honest. But you have to dig into the business model and once you do that, you can define progress and future earnings reasonably easy.
And that is why I am extremely bullish on this stock.

[penn33c]

I see they are going to report year end numbers on the 25th then a conference call anyone can listen to after that

[penn33c]

I need tires and stock to go to 65 bucks

[Twinsoul]

I've been hiring salespeople all my working life, as a manager and as a CEO of very successful companies.
And you know what counts when hiring salespeople? The sales skills.
You either have them or you don't.
These cannot be taught if you don't already have it in your genes.

The products a salesperson sells are entirely secondary to the salesperson's intrinsic competencies.
The specific product information and "technicals," as well as the market position of the company you represent, as well as the potential customer problems you can solve? This knowledge can be learned.
And guess what? That's exactly where the initial costs at Zynex come from: education and training.

And you know what? I've been analyzing and valuing companies for over 30 years too....

Let me say this once again about ZYXI: KABOOM!!! (TO THE UPSIDE).
Whether you believe it, or whether you understand it, or not

JMHO

[LW89]

disagree. they aren’t hiring people w deep med tech experience...they are just putting bodies on the street. I mean, one of the recent hires was selling at my local tire dealership until a few months ago.

[penn33c]

There making money after eating all that cost for sales people Should be unbelievably strong going forward

[Twinsoul]

Hi Penn... What made you more bullish?

[penn33c]

I'm starting to agree 65 bucks
in less than 18 months

[Twinsoul]

Answers to your questions:
1. No
2. Yes!
IMHO

[Twinsoul]

OK, 41 days later... $20+. (Much) more to come IMHO...
Sorry... I was 10 days off with my prediction. But then again, we even reached $22 today and made a 57% run since my Dec 17 post.
On track to reach my $50 target in 2021

[sokrman14]

I always love to see a bull run....but any news the last 2-3 days to support this?? Is this just the beginning of the big run we have been waiting for?

[penn33c]

Man this thing looks strong overnight well 25 min from now will know

[Twinsoul]

Zynex, Inc. (NASDAQ:ZYXI) – B. Riley raised their Q4 2020 earnings estimates for shares of Zynex in a report issued on Wednesday, January 13th. B. Riley analyst M. Wiesenberger now forecasts that the company will earn $0.06 per share for the quarter, up from their prior estimate of $0.05. B. Riley also issued estimates for Zynex’s Q1 2021 earnings at $0.06 EPS, Q2 2021 earnings at $0.14 EPS, Q3 2021 earnings at $0.16 EPS and Q4 2021 earnings at $0.22 EPS.

https://www.themarketsdaily.com/2021/01/14/zynex-inc-nasdaqzyxi-to-post-q4-2020-earnings-of-0-06-per-share-b-riley-forecasts.html

[penn33c]

Nice news today!!! They are not feeling the pain of paying all those rookie sales people (Back up the brinks truck)

[Twinsoul]

Everybody could have seen this move coming if they would have done some solid DD... Mr. Sandgaard has an open window until May 1 to sell 400,000 shares. But only in a minimum price range between $26.10 and $33.10.
Why would he set this range when the stock was lingering at $13 for a long time at the time he adopted the sales plan (December 3, 2020)...

I know I loaded the truck in a VERY heavy way...

The good news for everybody at the sidelines: WE ARE ONLY AT THE BEGINNING OF A HUGE RUN IMHO!!!!!

[Twinsoul]

Remember my December 12 post...:

No, this will say KABOOM in the not too distant future...!!!

https://flashalert.me/?symbol=ZYXI&source=SEC&referer=https://stocktwits.com/&url=https://www.sec.gov/Archives/edgar/data/846475/000110465920132844/tm2037755d1_8k.htm&s3=ZYXI/2020-12-07/16-06-28_000000/8-K/afa8c9d88383a9eef668a27cbc8d0802/tm2037755d1_8k.htm

On December 3, 2020, Thomas Sandgaard, Chief Executive Officer and Chairman of Zynex, Inc., a Nevada corporation (the “Company”), adopted a written sales plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “Plan”) for the sale of up to 400,000 shares of the Company’s common stock owned by Mr. Sandgaard and his affiliated entity during the period beginning December 15, 2020 and ending on May 1, 2021, subject to applicable securities laws, including Rule 144. The Plan replaces a previously terminated plan that was adopted on May 4, 2020. In addition, the Plan provides for the sale of the shares at minimum prices ranging from $26.10 to $33.10.

[Twinsoul]

And it was up today
Glorious trend starting IMHO.
I would not be surprised if this stock will surprise everybody in an extremely positive way!!!!!!!

[penn33c]

stock seems to be up after hours

[Twinsoul]

It is taking off today.
The fun part is about to start IMO
I stay with my prediction of $50.- within 1 year from now.

[penn33c]

2econd patent issued on blood volume monitor!!!!!!!!!!!!