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Author: Smufty2 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 892  
Subject: Re: Ziopharm Date: 5/29/2010 9:41 PM
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To "be out of the company"?

To sell it all?


I cannot speak to the meaning or intent of the actual speaker of the comment, but the reporter is with a venture capital group that only invests in pharma before it goes public. They got into ZIOP at a drastically lower price than I did when I bought it when it went public. They are essentially looking for companies or drugs to be bought by big pharma, and are really not in it to buy the next Pfizer at an early stage. I am aware of their portfolio and watch it closely, and give occasional advice to my father-in-law who is a large investor. I have cherry-picked their already cherry picked equities on occasion when the companies have gone public. One went bust, the other half dozen have been very, very profitable.

Smufty
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