Anybody know anything about Zynex (ZYXI)I did a search and didn’t see anything here about them. I bought some based purely on the recent price action and wondered if anyone here has the inside skinny.
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That’s a tiny stock and I’ve never looked at them before, but it looks like they have a history of paid promotion and paying “analysts” for research coverage — no surprise for a little $30 million biotech. They seem to be attempting to get more legitimate, hiring a CFO, and the financials seem to have gradually improved over the past year or two, but I have no idea whether their products are growing or proprietary or whether they have a meaningful future.
Hi Travis, nice to meet you on SG. I’ve been one of the freeloaders for years who come to this site to find out what the promoted stock is without having to sit through the 20 minute, brain numbing, promotional videos! My guilt grew until I couldn’t stand it any more and I joined your site a few days ago. There are a LOT of people like me out there in the world. They need to cough up a few shekels and join also. Oh, ZYXI is actually a little, regional, medical technology company that manufactures electric stimulation devices like Tens Units that you might have seen before at a physical rehab center. Thanks for the summary on ZYXI and for all that you do here.
UFO22 (Jim)
Was doing some stock screening over the weekend, and came across ZYXI (Zynex). Did a little bit of research across multiple sites, and came across your reply here @travis Johnson. At the time of your post, the stock was at $0.10, as of today, $16.81.
The Monthly chart is looking ok, intrinsic value is on par with current stock price. The most recent reported cash flow draws a reg flag.
Any opinions here>