What Did You Buy Today?

[fenders53]

(02-09-2021, 11:04 AM)divmenow Wrote:

(02-09-2021, 10:56 AM)fenders53 Wrote:

(02-09-2021, 10:40 AM)divmenow Wrote:

(02-09-2021, 10:37 AM)fenders53 Wrote:

(02-09-2021, 10:19 AM)ken-do-nim Wrote: Got a little ZOM just because everyone is talking about it

Reduced my position in CURE and started a new position in TQQQ.

Dump all your smelly dividend stocks fast.  Everyone here is putting a second mortage on their home and buying ZOM tomorrow.  Spread the word around the internet.  

I think your on to something here 

I added more ZOM at $2.14 

If this works, a lunch date with the SEC maybe? 

On a more serious note, some DD on ZOM.  They are trying to bring VET equipment to market.  They sell nothing to my knowledge presently.  They neither manufacture the equipment nor sell it directly.  There is chatter on the net that their may be a patent dispute between manufacturers.  With the dilution and SP runup, ZOM is about a 2B market cap now I believe.  They say $2B is the TAM for the test equipment.  Not a fake company, nor is it worth $50.  Just trying to keep it real.

From the CEO of ZOM

We are, of course, approaching our planned March 30th commercial launch of TRUFORMA, our point-of-care diagnostic platform. Commercialization plans remain on track and we are beginning to build inventory. As our sales effort begins, we intend to implement a controlled release phase wherein we slowly begin the sale of the TRUFORMA instrument and at least three assays in a limited geographic area in order to test our distribution system to be sure that it performs as we anticipate in these COVID-challenged times. We then expect to add two more assays later in 2021 as we continue to pursue a limited target market. The lessons learned during this COVID-impacted period are expected to be invaluable as we proceed into the future.   Toward the end of 2021, we hope to expand our geographic coverage if market conditions justify such an expansion.

Sounds like good news to me 

I read every bit of their website some time ago when my friend was asking me to screen for fake companies.  It does sound like a product that will sell.  What's that make ZOM stock worth?  Hell who even knows?  None of this news is that fresh.  The Momo gang is playing.  Short interest isn't extremely high yet.