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Re: blackcat post# 981

Wednesday, 05/25/2016 10:32:13 PM

Wednesday, May 25, 2016 10:32:13 PM

Post# of 1228
I don't post anything like Rob.....

No outlandish claims, negative or positive. ZIOP is running out of cash, that's a fact, fully disclosed in their filings. This ph I trial they just PR'd the results about is estimated to have a study completion date of December 2018, a full year after their filings say they expect to be out of cash.

Long investors think that a partnership, a merger or a buyout will come to the rescue before the cash register is empty, and maybe it will be....that's speculation but it isn't fact.

No question ZIOP is an amazing trading vehicle....But as a long term hold I see it as being massive risk and grossly overvalued based on the fundamentals. Weak cash position, paying big bucks to guys like the CEO, and nothing in late stage development.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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