RE:RE:what's not to like about ZYME ?Gringotts wrote: It is heartening to know someone is reading and posting on the Zyme billboard.
By the way, I agree. The vast majority of shares are owned by investment companies.
The share price slide from the high $50's earlier this year was unnerving.
My fear is the company will be bought out for next to nothing. Hostile or through an offer.
If an offer of $44 were made today ( 100% above today's closing price) I fear it could be accepted. I believe the company is well worth over $100, perhaps closer $200.
I hope today's conference regarding bringing product to market is meaningful.
Ironically, Zyme was offered $50 a share in July this year, and little or nothing came from it. There wasn't a peep from the company. $50 though is better than $44. Lol.
GLTA
Thanks gringotts, after considering what you have said, I think I should get a few more. Will wait until I see an upward trajectory developing though. If the Zyme rep made a good presentation at that conference, there should be about a 3 or 4 day lag and then the attendees will be back selling it to their fund investment teams or suggesting it to their individual clients. GLTA.