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Replies to #217 on Zogenix (ZGNX)
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chestnut42

12/02/12 12:43 PM

#218 RE: GetnGuala #217

Thank You for responding money2013, but that does not answer my question. But, I did see an answer to it on the YMB, by cruelsister. He has done good DD and seems aware of both the good and the bad(not much bad btw). His answer to alexander was;

"Alexander- there never was any doubt after the results of the trial were released that Zohydro is both safe and efficacious. From the medical standpoint overwhelming approval is assured.

The only thing that is unknown is if they will make an issue about the lack of tamper resistance. Although as we all know the FDA isn't bound to whatever comes out of the meeting investor sentiment will certainly be affected. Zogenix has many things going for it, but I'm sure there are many out there like myself who are up well over 50% on this stock and are loath to lose those profits. If there were options on the stock we could protect with Puts, but since there are not..."

I will hold my position and wait for Dec.7