Zynex Inc. (ZYXI)

[UFO]

They're executing beautifully, the stock just isn't going to run to what...a billion dollars market cap or something, without taking a breather or two along the way. It's already trading at a pretty healthy 43x estimated P/E. I gave a "shot from the hip" guess early in the week that ZYXI would pull-back to $10.50'ish on a normal correction. Today it's been to $10.85, so I'm close, so far. Well executed, organic growth "over the long haul" is going to be what takes this stock to bigger levels. Also, TS needs that BVI or some other product to compliment his TENs business. TENs is an old, established technology. No matter how well ZYXI executes there, as a stand-alone product it will never take the company to 100x or higher multiples, like we've seen on some of the "blow-out" techs. Every Walgreens or Rite Aid in the country sells the lower power units. If they're ever allowed to increase their power ratings, even a little, it's game over for the prescription TENs business. That's really why I took my money out at $10.50 and cut out for other pastures. As I'm typing the stock is catching a bid. Hopefully for you guys that $10.85 print earlier today was the extent of the correction. I may get back in at some point, ya never know. Never say never...eh? Best!

UFO