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Wall Street Teacher
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Wall Street Teacher (a pseudonym) worked on Wall Street for several years in the fixed income area and now teaches and writes on financial topics (primarily regulation and markets). Current interests include the psychology of financial markets, the origins of chemistry/physics, synthetic... More
  • ZIOP: Short Interest Rising 1 comment
    Feb 13, 2012 3:29 PM
    Surprisingly, short interest has increased in ZIOP post the recent JPM secondary. I had assumed that the shorts would have been able cover a bit since the threat of a secondary was a catalyst behind their initial bear thesis.

    Company also announced that OS #'s were good in PH II data set. This may bode well for the PICASSO trial.

    Hang in there. This may get interesting as we get closer to ASCO. Pressure is building on both sides as volume has picked up and share price remains dead-locked.

    My bet remains the break will go to the upside. I thinks shorts may be pressing their luck a bit but alas, I have been incorrect before re: the short term price swings on this issue.

    Long: ZIOP, CRMD, ZOLT

    Disclosure: I am long ZIOP, ZOLT, CRMD.

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  • Short interest now tops 9MM shares. This could get interesting at some point.
    10 Apr 2012, 12:23 PM Reply Like
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  • I'm betting Europe works out. That's bad for the $ but good for gold. I guess the Germans rule the continent without having to fire a shot!
    Jun 4, 2012
  • ZIOP remains under pressure with the rest of the biotech space. Nice hire a few weeks back.
    Jul 30, 2011
  • Well, I guess we will soon see if the speculation concerning a CLDA funds move to ZIOP is correct. Deal is scheduled to close early April.
    Mar 31, 2011
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