Zogenix, Inc. (NASDAQ:ZGNX)

CAPS Rating: 3 out of 5


Player Avatar StockTraderG (81.96) Submitted: 10/3/2012 11:48:55 AM : Outperform Start Price: $3.02 ZGNX Score: -52.52

Price just broke over the 3.04 resistance. Even if it pulls back below this line, I'm okay holding for a bit longer.

Very little risk of dilution coming anytime before the March 1st, 2013 PDUFA. Also, the FDA has set a *tentative AdCom date for 12/07/2012. If this date is confirmed, $ZGNX could get not only a pop in share price, but also an early run-up target.

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