Thursday, July 26, 2018 1:11:35 PM
Look, what Ziop did is out of desperation. The share price has no positive reaction on that PR. Everyone waiting for some deal is greatly disappointed. There are other ways to send a message to the markets. The most loud and clear message is a cash deal. The subtler message is the open market buys by the insiders. Dr Cooper, a current CEO of Ziopharm, has not made any single OM purchases during his 3-yr tenure while his compensations ranks amongst the highest bio CEOs even for those leading multi-billion dollar companies. That tells you a lot. A strong vote of non-confidence.
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