Newcomers have been encouraged to leave this board and go over to The ZIOP-XON Fundamental and Technicals Only Board (aka Bulls Only Board -BOB) .
That Board started by RobCos because he could no longer handle the criticism for his years long incorrect, misleading and dishonest info. So he started BOB where he controls idea flow , deletes and edits posts.
Today the Wizard of Coz offers up his reasons why ZIOP is down 40% from July highs. Of course he does so by once AGAIN injecting his newest pump/promotion BSGM. He has mentioned this stock more than ZIOP and way more than XON. Maybe the board should change the name to ZIOP_BSGM Fundamental and Technical board.
Back to ZIOP-Robs "been calling around and got definitive confirmation that there is nothing fundamentally wrong"- he "talked to one large holder and got a consensus from a few ...."
Of course he wont divulge who he talks to and we know how inaccurate and horribly wrong all these contacts have been for years. Many believe he makes all this crap up. Are these the same sources that guaranteed him no secondary? Are these the contacts that told him "multiple buyers are delaying the deal"? Or perhaps this is the large holder who told him PH3 in 2017 was on track but waiting for a EU/FDA joint application? He is wrong when he writes that the warrant conversion takes the possible secondary off the table near term. The ATM is in full force and can be activated at anytime. I dont think it happens down here but when it was $6-$7 it was a possibility. The point is it is NOT off the table.
He now says the "run from $4.02 to $7.25 was not deserved until TCR started". Also "we probably should never have gone above 6 on the warrant conversion until the trial started". Does anybody recall The Wizard of Coz telling people that the run to $7.25 was not deserved and overdone? Neither do I. Now he looks back and says so. On July 31 with ZIOP $7.20 I suggested that people take advantage of premium. I also suggested that historically ZIOP performs very poorly after the earnings call. And it did. RC said nothing until now.
The shaman charlatan goes on to blast ZIOP management - "the company has done a horrible job and Mauney in particular has delivered on the deal and new investor side - nothing in slow motion this year and has closed nothing - not a partnership or 3% new institution since his undeserved promotion and bonus imo. He is ghosting people who call him and now....."
Wasnt RobCos jumping up and down about the "new team" and specifically about the addition of Mauney? Now he throws the guy under the bus. No surprise ! He does that with everybody. Did it with CRMD did it with XON (Geno Germano ,Tom Shrader, Kirk) been doing it with ZIOP (the board , the COO,Kirk now Mauney).
Rob seems upset that Mauney or Taylor "Still owes me a call from October" Then goes on to compare ZIOP management with his new pump BSGM management. Thats hysterical. RC is a retail investor. He may promote himself as some big biotech guru with a large following but he is now known by managements as a former auto finance exec turned message board stock promoter. ZIOP management and all companies are best served avoiding dialogues with people who have an ulterior motive. It serves all shareholders best. Credit to Mauney Cooper & Co for avoiding him.
Then its back to Rosenberg, Deniger Shukla etc . He offers no explanation to the root cause of ZIOP current weakness. Its about clinical progress and associated data. Or lack there of to date-Then he blames JPM research for inaccuracies. Im pretty sure Id take a JPM experienced biotech team with PHDs over and retired auto guy. Recall he called Ren Benjamin from Raymond James an "amatuer" after his research questioned MoS data. Now RC is a fan because RayJames has a buy.
I do not pretend to know what the holdup is at NCI. I have spoken to several "REAL" sources who are very knowledgeable and experienced in these matters. They offer a couple of speculative possibilities but governmental bureaucracy is as good as any. But who knows which of Rosenbergs current trials in TCR/Solid tumor may be distracting him and keeping his focus away from ZIOP. Or maybe having Deniger on board may create some conflict of interest or procedural snafu. Deniger is a positive IMO but who knows what bureaucracy lies behind the scenes. As I said its all speculation and NO ONE KNOWS least of all RC and his phony sources.
In the meantime newcomers to ZIOP and the BOB can anxiously await the latest DD on BSGM. Be prepared the DD will be a result of conversations and meetings with company executives, company surrogates, and company suppliers. That his DD. Im still waiting to hear the excuse as to why after management promised "clinical data" at the Heart Rhythm Society conference and then failed to deliver. Yet RC continues to say that management has delivered on EVERY promise.
MANY have contacted me asking for my opinion and input on this stock. I will continue to assist if I can but I have no horse in that race.