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growacet

01/25/16 11:38 AM

#933 RE: tpizzazz24 #931

I put my opinions on ZIOP out there back in March.....

Its a hyped up bubble, was then and still is now....In their 2nd decade as a public company and still nothing in phase III. A MC of one or two hundred million imo is reasonable on the off chance they might come up with something, but if they fail again even that will be grossly overvalued.

It had a nice run up after the firms underwriting their dilution all put out bullish buy recos. And the shares they gave to Anderson for the partnership deal helped drum up buyers too. Now they've sold enough shares to bagholders to keep the lights on and the pay checks printing through to the end of 2017, maybe a bit longer. I expect to see more dilution in mid to late 2017, maybe even a reverse split depending on how many of the freebee options get added to the pile.