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ZYXI - Zynex: Business And Valuation Concern Closing Position
Zynex Inc.
Zynex (ZYXI) looks like it may be facing major challenges to its business model, and I have been disturbed by information released by the company over the past few months. Moreover, the stock price (and value multiples) have now reached levels I’d be uncomfortable with in the best of environments. This article will detail what I have found in my recent research, and my reasons for selling.
Rather than burying the lede, I’ll begin by saying my most urgent reason for selling is that beginning June 1 Tricare will begin considering TENS as