Celgene is hitting all its numbers and had a great ASCO but the stock is trading near its lows for the year. Doesn't make sense to me, but then big-cap biotech, in general, is so out of favor right now.
In the under-$5 stock category, the best data I saw at ASCO was from Ziopharm Oncology (ZIOP) and its experimental drug palifosfamide in soft-tissue sarcoma. A phase III study is expected to start in the middle of this year.
Thank you, Wilford D.W. III! He emails , "Adam, when people are so negative in their comments towards you, they need to take their negativity somewhere else. The Sunesis Pharmaceuticals (SNSS - Get Report) and Delcath Systems people were particularly vitriolic in their negative comments. Frankly, if I were you, I would not publish any of the demeaning comments directed your way. These small-minded people apparently cannot tolerate any comment that does not extol the virtues of their darling stock."People make money when they can objectively evaluate a company. Blind devotion to any company (or any cause for that matter) will cloud any objectivity towards that company. I thought your reporting was even-handed and fair. I appreciate the job you did at the