I probably shouldn't speak for dh, but I think what he means is that the stock has such big swings intraday.....every day.....that it invites flippers and day traders to constantly get in and out, and sell on any upside move. Leonard you're obviously free to have your opinion (as is dh), but I think this constant intraday volatility and selling on every up move has prevented the stock from gaining any traction and moving on to new highs. I think when we do break $16.47, it's going to run straight up to $18.50 or higher. But every time we get up 3-4% intraday, it sells off now. And we have a LOT of those upside moves intraday, and then like clockwork it sells off. Up until a couple months ago, we used to string together a few nice days in a row. Dh isn't daytrading ZYNE, so he's not making those 3% daily gains. I'm not either, as daytrading isn't my thing. For a stock with so much promise, I think it's incredibly undervalued. I'm pretty sure you're in agreement on that, right? So I can understand someone's frustration when every rally just sells off and the stock stays down where it is. But I think we're all on the same team here.
Best to all ZYNE longs,
G
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