Thanks for the information. I figured someone with alot of shares had decided to lighten up. Now I know why we have had such a hard time punching thru the $1.50 resistance area recently.
I have no problem with them cashing in some of their chips. They helped get the company in the great position that it is in now and deserve their rewards.
In less than two weeks we will get another update on sale orders for November. Release of that number should give us an idea if the company has a good shot at a million $ net for Q4. That would give us around .08 trailing EPS and .16 forward EPS.
I'm betting with the ramp up of the sales staff, the company moving to larger facilities and the CEO's statement in yesterdays PR ( "We further accelerated our revenue growth compared to the two first quarters of 2007 as well as increasing our gross profit margin and net income. We expect the additions to our sales force in the last several months to continue to positively impact revenues and profitability in future quarters.") all point to another outstanding sales number for November.
We shouldn't stay at these levels much longer IMO. I will use the Thanksgiving Holiday period to spread the word to friends and family about ZYNX. 2008 should be great for investors here.
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