If you bought at the beginning of any of these years and held the stock all the way until today your WORSE return would be 11.5% compounded for 4 years and 5 months. That's your worse return. Everything else would have been substantially more. People should learn to invest and NOT trade. I find all the shorts on this site good entertainment but that's what they are. "Good entertainment!" If you look back I've been in ZIOP for many years have continue to hold a large long position and a leap call option position that I paid for by selling out of the money puts at the right time. Bottom line is ZIOP stock over the last 5+ years has rewarded investors that have had patience and did not try and trade the stock. I'm highly confident that Kirk and team will continue to deliver strong returns for their shareholders. Thanks again to the shorts for the entertainment value but keep shorting this stock and you'll die the slow death! Slow and steady! Good luck to all!
I like the way you think. Always good to play with house money. If you understand options, the next time it runs up to $13 - $14 take a look at selling out of the money call options at that $16 price you want with a 1/2016 or 10/2016 expiration date. The high volatility will give you a nice premium and allow you to net a little bit more than your $16 target. It will also protect you a small amount on the downside if it doesn't hit your $16 price. Slow and steady! Good luck to all!
I've been in ZIOP for a few years. Early last year I started looking at JUNO, KITE and BLUE. I actually passed on JUNO and KITE but make a big beat on BLUE. So far so good. BLUE has a binary event next month which will drive the stock above $200 or down below $100. I won't get in to all the reasons why I stayed away from KITE and JUNO but let's just say I liked ZIOP and BLUE on a long-term basis much better. Slow and steady! Good luck to all!
I find this board entertaining. ZIOP has had nothing short of outstanding performance over the years. Retail investors need to stop trying and trade the stock and try investing for the long-term. ZIOP is lead by one of the most reputable investors in the history of biopharma. He and the management team is focused on creating long-term value for their shareholders and could care less about the stock short-term stock swings. Check out my other posts on ZIOP. I'm a long term investor and used covered calls back a couple of months ago when the stock was flying and everyone thought I was crazy. The good news is I took in lots of outstanding premium due to the high volatility and have been able to continue to maintain my long position. I've been consistent in my view that ZIOP will move higher over the next 3 - 5 years. I'm staying long and will block out all the noise. I'm very happy with the stock being up approximately 80% YTD even with the recently pullback. Slow and steady! Good luck to all!!!!!
Retail Investors should be long-term investors and NOT traders! If you've taken a long-term view on ZIOP here is how you've been rewarded over the years:
4/30/2013 closing price $1.68 (up 465% in two years)
4/30/2014 closing price $3.60 (up 163% in one year)
4/28/2015 current price $9.50 (approximately)
Even if you got in back on 4/20/2012 the stock price was $4.55 (up 109% in three years)
What long-term investor would not be happy with any of these returns. Ignore all the noise and the short blasters. This company has an awesome pedigree with a proven track record of delivering outstanding long-term returns for its investors. The shorts can continue to try and drive down the price but the real story is ZIOP is focused on delivering value to its partners and investors over a long period of time. I do expect additional positive news at some point throughout 2015 but whether it comes tomorrow or in 6-months I don't really care because I'll continue to have a significant investment in ZIOP on April 30, 2016 and for that matter probably April 30, 2020. Slow and steady!!!!! Good luck to all!!!!
By the way, if you want to take advantage of short term stupidity try selling out of the money covered calls on ZIOP every time it runs up on rumors!!! Some of you blasted me about 2-months ago when I said I had been using this approach. It turns out that taking advantage of short term traders rumors, momentum and stupidity allows long-term investors to improve their overall return. Either way, I wish everyone the best of luck. Slow and steady! Good luck to all!
I apologize for my terrible grammar and spelling. I just reread my post. WOW!!! I should go back to school. LOL….Fast fingers and no proofreading. I hope you get my point. LOL….We are going higher in the long term. Slow and steady! Good luck to all!
Wow! Ok but you can say that about 1000 companies. A vague non specific statement that one stock could potential rise as much as some unrelated stock has rose in the past. Sorry but I thought you were trying to make a meaningful comparison. Having invested heavily in QCOR and ZIOP I was curious on where you were going with your comment. I now understand it was a meaningless statement simply saying that QCOR went up a lot and now ZIOP could go up a lot. Let me add another meaningless statement to this board: ZIOP has the potential upside that we all saw in AAPL when it was much lower. It also has the potential to end up like ZZZ. Don't worry I'll move on!!!! LOL….By the way, I like ZIOP for risk oriented long-term investors. Check out my prior posts. My covered out of the money covered call strategy when the volatility jumped through the rough seemed to be the appropriate strategy . Others laughed and thought I had left way to much money on the table. Well those calls have almost all expired worthless (thank you for the high premiums that were paid to me). I'm now staying long and expect to hear news within the next 90 days. We'll see. Slow and steady! Good luck to all!
I hate to say it but QCOR & ZIOP were completely different companies. I was a long time QCOR and still hold a large position in MNK. To try and compare QCOR & ZIOP is not reasonably. With that said, I do believe ZIOP is an excellent long term investment for risk oriented investments. I've been in ZIOP for a long time and hold both long position through both the stock and a long-term leap call position. Slow and steady! Good luck to all!
don't make it personal. to each his own. if he wants to lose his money I'm more than willing to take it. LOL…Slow and steady! Good luck to all!
south81sk, I never get worried about shorts that try and drive down the price in the short term. It just makes for better buying opportunities. The smart money usually wins out. Retail investors just need to understand why they are buying a stock and monitor the story over time. No different than what went on with QCOR/MNK. The QCOR shorts got absolutely crushed!!! QCOR was a mid-$20 stock only about 4 years ago and today it trades at the equivalent of almost $150. That's in the sure doesn't stink category. I'm staying long and using covered calls to help drive up my returns. Slow and steady! Good luck to all!
I remember him!!! He just likes stirring things up. I don't think the good news is done coming out for the year yet! Slow and steady! Good luck to all!
Still think your strategy was the correct one. If you like it so much you should be buying on the pullback. I'm taking in some excellent high vol premiums and will wait for the move back up and will sell the vol again. It's an excellent strategy on these high vol biopharma stocks. Slow and steady! Good luck to all!
Selling vol seemed to be the correct strategy! Don't ever fall in love with a stock! Good time to increase position in the next week or two. Slow and steady! Good luck to all!
By the way, I did end up selling some more options up at the $170 strike that expire in October. That would represent a QCOR price of $183 or so. That would be just fine with me!!!! I've sold other strikes too. I had a fairly nice size position in QCOR prior to the deal and still hold the entire position. I have sold covered calls on about 75% of the position and if the stock continues to move up I expect to sell additional calls. I'll let them take the stock or if below the strike I will just resell more calls. With Paulson involved I think the stock holds above $95 - $100 in a consolidation move. Slow and steady! Good luck to all!
Thanks for the note. Needless to say, you should take all comments with a grain of salt and develop your own strategy that works for your financial situation. In my opinion the average retail investor TRADES way to much. They really should learn how to perform strong DD on a company. My typical time from when I complete my DD and decide to initiate a position in a stock is between 5 - 7 years. Yes, I've modified this as things evolve but I never invest thinking I'm going to make a quick "trade". I'm a healthcare junky and uses options to help hedge risk and/or improve my overall return. Don't be a pig and don't fall in love with any stock (even QCOR - LOL!!!!). Slow and steady! Good luck to you.
nyjohngray - Getting more aggressive at selling call options. Here are the street estimates for MNK:
9/15 - $7.10
9/16 - $8.05
9/17 - $9.29
At a price of $145 you would be getting paid 18 times earnings that are expected in 18 months and almost 16 times earnings expected in 30 months!!! Don't forget to add the high vol premium you pick up. I'm selling 60 - 90 day options so I'll take 18 times earnings in a year now plus the premium. If I don't get called away I just repeat the strategy. I may even move up the strike $5 or so if the stock continues trending higher. In addition, I believe MNK's base portfolio (excluding QCOR's drug) is nowhere near as strong on the growth front. As such, I believe the 14.6% growth rate in EPS from 2016 to 2017 (2 1/2 years out) is pushing the high end for MNK without some sort of transformation transaction. I understand Paulson is involved but I don't play stocks based on hoping for a transaction to occur. I'll take my 6 to 7 X return over the last few years and be very happy. Slow and steady! Good luck to all!
Nice to see some long term QCOR holdings still involved with MNK!!!! Congratulations to you all!!!!! Ignoring the noise and playing QCOR's incredible cash flow, strong balance sheet and growing revenues paid off incredibly well!!!! We now get to play MNK's strong balance sheet, growing revenues and strong cash flows!!! Slow and steady! Good luck to all!!!!!