Len: ZYXI -2.23 to 1.47 getting crushed today after the 8K filing. It shows the risk of holding long term rather than cashing in on big short term gains .... I'm not a bit surprised to see the gap fill given a dramatic change in the fundamentals coupled with a major bear market.
However in the big picture it's well worth noting that there was ample opportunity to sell in the $5's rather than in the $3's right after that gap formed .... even this morning after the bad news hit it was still possible to sell above the gap, albeit not for long !
ZYXI gap: Len, seems like you're trying to prove your TA point (the filling of gaps theory) because of something that was fundamentally due to an FA issue. Seems disengenuous to me... like when my girlfriend tries to tell me that the plant grew because she talks to it. Talking to the plant had nothing to do with it growing - it was because I watered the damn thing!
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