Alaunos Therapeutics Inc (TCRT)

[salgovernale69]

The bottom is in on ZIOP, IMO.

I've been watching ZIOP like a hawk for the last couple weeks and despite new IBB and XBI lows, ZIOP has been strong as an ox in that $4.80's range, comfortably above the recent new low of $4.66. In order for this to completely break down and tank it's going to take a major IBB implosion beyond what we've already seen, IMO (or of course bad fundamental news, which is unlikely any time very soon). I've working my way into a position here, as I'm still tentative in this market but another day or two of confirmation I'm betting big. I'll be quick to cut bait if $4.66 is breached, but I'm feeling very confident that the IBB will bounce hard off of another retest of the $247-$250 range, which won't be enough to tank ZIOP below the recent low.

If you know ZIOP, you know you can make 50-100% in a matter of weeks if you catch the right run. My price target for this trade is the $8 range and I think I'll see by the end of the quarter, at the latest. With ZIOP, it could be next week. Having said all that, this market right now is totally f**ked up so I could be way off base lol.