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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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<p>[QUOTE="Anonymous, post: 5390397"]Yeah, it's a roll of the dice sometimes, but not others. There was so much negative information in the press about Zohydro over the last 2 years. I posted more than one thread about how states didn't want another Oxy, which (right or wrong) was a real perception. I posted about the people who were hired by Zogenix to do their expansion for the launch. All had histories of coming in and destroying what was around them. Finally, I looked at the people being hired and had HUGE red flags. Seriously, no pain experience?! I voiced my skepticism on many occasions as you have only one chance to launch a product (especially if your future is dependent on this single product and no pipeline) and you choose to do it with managers and reps who don't understand the pain market??? It was unbelievable to me. I said the stocks mean nothing and don't let that be a deal maker for you, so.....</p><p><br /></p><p>I'm not tooting my own horn, I just opened my eyes and had a non-bias look at what this company was. I thought it would be a place to make a salary for a year, and it was. You have to stop believing everything people in this industry tell you and do your own homework. The reason I was ahead of the curve on this job is because I have sold to pain doctors for years. I went out to my biggest customers from previous jobs and said, "Hey, take a look at this product that might be coming to market. The company may have interest in me. What are your thought about it?" Within a few days I had calls saying it was a good idea but states aren't going to cover it and it has really bad press. That was all I needed. At that point I decided I'd keep my current job and ride this one a few months. </p><p><br /></p><p>Look, I know it sucks to be stuck with stock, but I can't imagine you bought 36k in stock? You were given how much of that? I bought stock as well, but at $1.06 a share. Figured a penny stock would be fun to play. You have to now look at this stock a a serious long-term hold, which for most people is what the stock market is. Here is my opinion. Don't look at the stock, don't follow the stock and just check on it every 12 months. Then you will see small growth each time. If you keep looking at it daily it will only depress you cause nothing (drastically speaking) will be happening with it over the next 36 months.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 5390397"]Yeah, it's a roll of the dice sometimes, but not others. There was so much negative information in the press about Zohydro over the last 2 years. I posted more than one thread about how states didn't want another Oxy, which (right or wrong) was a real perception. I posted about the people who were hired by Zogenix to do their expansion for the launch. All had histories of coming in and destroying what was around them. Finally, I looked at the people being hired and had HUGE red flags. Seriously, no pain experience?! I voiced my skepticism on many occasions as you have only one chance to launch a product (especially if your future is dependent on this single product and no pipeline) and you choose to do it with managers and reps who don't understand the pain market??? It was unbelievable to me. I said the stocks mean nothing and don't let that be a deal maker for you, so..... I'm not tooting my own horn, I just opened my eyes and had a non-bias look at what this company was. I thought it would be a place to make a salary for a year, and it was. You have to stop believing everything people in this industry tell you and do your own homework. The reason I was ahead of the curve on this job is because I have sold to pain doctors for years. I went out to my biggest customers from previous jobs and said, "Hey, take a look at this product that might be coming to market. The company may have interest in me. What are your thought about it?" Within a few days I had calls saying it was a good idea but states aren't going to cover it and it has really bad press. That was all I needed. At that point I decided I'd keep my current job and ride this one a few months. Look, I know it sucks to be stuck with stock, but I can't imagine you bought 36k in stock? You were given how much of that? I bought stock as well, but at $1.06 a share. Figured a penny stock would be fun to play. You have to now look at this stock a a serious long-term hold, which for most people is what the stock market is. Here is my opinion. Don't look at the stock, don't follow the stock and just check on it every 12 months. Then you will see small growth each time. If you keep looking at it daily it will only depress you cause nothing (drastically speaking) will be happening with it over the next 36 months.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Zogenix
>
36K
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Zogenix
>
36K
>