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UFO

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Alias Born 03/27/2003

UFO

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Re: penn33c post# 5829

Saturday, 07/15/2017 8:12:48 PM

Saturday, July 15, 2017 8:12:48 PM

Post# of 7536
Yeah penn33c. I think ZYXI might actually be a real stock. Once in a BLUE moon...I mean a royal blue moon, a penny stock turns out to be a bona-fide company. Like one with real, commercially viable products and actual sales. Before I bought any of it I read through the recent company news and 3 things hit me. The 1st two deal with their new CFO, Dan Moorhead. He had been with a NASDAQ company for 10 years and had JUST been promoted there to CFO in 2016. Why would he leave a year later unless he thought there was a lot of potential? Secondly, one of Moorhead's assignments is to get ZYXI to a major exchange. I've owned bulletin board stocks before that went through the BB to AMEX move and it's a beautiful thing. The other thing I noticed was their chief competitor in the TENS space dropped the TENS product line sometime in 2015 and ZYXI grabbed some of their institutional sales guys. The division that sells to hospitals and rehab centers...those types of buyers. Go to their website and take a peek. Zynex has real merchandise! They're playing in a regional space and I'm sure competing against the large cap medical device guys, but still, they carve out a large enough footprint I could easily see them on the NASDAQ in a year with a MUCH higher market cap. Can you say BAGGER! :)

UFO
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