if all end points are met for soft tissue sacoma can ziop double from here?
if they are met ziop could be the stock of the year for 2013 because they also have pali for small cell lung cancer in p111, lung cancer is probably the hardest imo... accumulating at this low point, friday's trading was different..very bullish
if end points are met, this could easily hit 12. There is a greater short interest than what was present in KERX at the time of results, and there will be less competition. The squeeze plus fresh institutional demand and upgrades will jam this for three days straight. Then financing comes and stalls this for a bit. Thats the pro side.
If end points are not met, then this drops down to .80 as we have very little cash and while we have a good pipeline, its not very advanced, mostly P1 and P2 so this is once again ZIOP is deemed to be purely speculative.
Disclosure: I own an equal amount of APR $2 puts as I do $8 calls.
.......so with your Apr $2 Puts and $8 Calls, you're obviously taking the view that it will move strongly one way or the other, but you don't care which way. Have you played this strategy successfully before and made money? (because you're banking on quite a sharp move in one direction to recover your costs AND then also make a worthwhile profit).
Your only real risk is that for some strange reason it moves very little.