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Biotech / Medical : Ziopharm
ZIOP 0.866-0.9%Jan 26 3:00 PM EDT

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To: The Ox who wrote (6)2/2/2017 2:00:11 PM
From: PLegee  Read Replies (1) of 14
 
Already 2M shares traded with still 2 hours of market before the close. Stock currently over the 50 day averages (both SMA and EMA) now, would love for it to close above $6.17. ZIOP is the 3rd most shorted stock as of earlier this week. Will be interesting to watch the shorts keep a lid on today's price rise; I'm sure they will walk this lower.

Short term, I think we continue to go through these gyrations. Long term, I really think this biotech has the goods. Looking forward to the NCI clinical trial announcement and upcoming clinical phase data. Plenty of catalysts this year for this stock.
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