InvestorsHub Logo

littlefish

09/13/17 12:16 AM

#38961 RE: Trent Blair #38959

TB, ZYXI is a disaster. They just raised money thru dilution and are again almost out of money (only $140k last Q looks like). I can find much cheaper than 9 pe fwd multiples on a company after they report another Q or two that trade below tangible book and don't have the nasty smell ZYXI has from the Q report that something's amiss going forward.

IMO only, the growth is short term and time will prove out just like it has in past history with them.

Why do U think they issued shares to pay off their debt instead of just have a new normal loan from a bank? Oh ya, they defaulted last time before finally paying off the owed $ LOL so a bank probably wouldn't give them a decent LOC with normal terms.

Anyway, like I said before, these pump and dumps are easy breezy to identify. Just a matter of time. Sure peeps can scalp money here and there and traders surely will try pumping it but I'd hate to own this a couple years from now and I can find substantially better bargains with growth.

First thing the company should do is fire the Sandgaards, good luck on that. Also, I don't see how they magically have massive changes in collections in the same quarter growth spikes. Something smells fishy there given their long term operating evidence that contradicts that.

All IMO only.

PS- hit a new alltime high again today. We need a sell off, this has become too easy.