Seeking Alpha

Wall Street Tea...'s  Instablog

Wall Street Teacher
Send Message
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.

Back To Wall Street Teacher's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • Wall Street Teacher
    , contributor
    Comments (413) | Send Message
     
    Author’s reply » Short interest now tops 9MM shares. This could get interesting at some point.
    10 Apr 2012, 12:23 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • CorMedix: Making Progress In Both EU Commercial And U.S. Regulatory Fronts $CRMD http://seekingalpha.com/a/19v93
    Apr 14, 2014
  • Cormedix: An Interesting Play In The Catheter Care Space $CRMD http://seekingalpha.com/a/1582p
    Dec 31, 2013
  • 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
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.