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roclub1
Mar 4, 2021 4:34 PM

ZOM Short

Zomedica Corp.Arca

Description

Zomedica looks like it will be a winner once its veterinarian office lab testing product launches on March 30. ZOM stock is already up 850% so far this year. In fact, it peaked at $2.70 in early February in anticipation of this product launch.Moreover, the company has very smart about taking advantage of its huge price spike. On Feb. 8, it raised another $185.4 million. In fact, as of Feb. 26, Zomedica had an astounding $277.5 million in cash on its balance sheet, based on an 8-K filing
Comments
joshMan11
Why mark as short then
MC_Shiro
Are you epecting it to jump up before shorting it?
Huang17
@MC_Shiro, i was wondering the same, why mark as short?
roclub1
@Huang17, it can be if yall want, just what i wanted to do but it can be long yes
noursilk
@roclub1, Thank you! do you advise us to hold it for long term or sell it on March 30th?
Johnny56231
So... expecting it to drop On March 31st after the March 30 launch?
joshMan11
@Johnny56231 I was thinking hold before product launch then short
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