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Sooo, we rally the stock to $1+/share and then announce no R/S and watch shorts panic buy it up to $3/share and then raise fresh cash?
I like, I love it,... Want some more of it.
Is there an asset they can sell to a big Biotech or a Buy out Opp? What's lurking under the hood here now?
a JV funded deal would make a sweet sweat short covering news trap...
SHORTIES ARE HOLDING OVER 30 MILLION THEY BETTER START COVERING BEFORE THEY GET SLAPPED WITH THE UP COMING GOOD NEWS ... GOOD LUCK LONGS
https://shortsqueeze.com/?symbol=athx
Been watching this stock for 8 years. I just bought the dip for a trade. Chart trade if nothing else. Huge gap left to cover over head still, 200 MA is at .94
They need to rally the share price, any way they can to raise money and stay on Nasdaq. Market timing for Biotech bounces is perfect, and already under way. I should have grabbed some at .21
Athersys, today announced the postponement of its Annual Meeting of Stockholders, initially scheduled for Wednesday, June 15, 2022, at 8:30 a.m. ET. The Meeting is now scheduled July 28, 2022, at 8:30 a.m. ET. The Meeting will still be completely virtual. The postponement of Meeting was intended to provide additional time for the Co. to add a proposal to authorize Board of Directors, if in the Board’s judgment it is necessary, to select and file an amendment to the Company’s certificate of incorporation, as amended, to effect a reverse stock split of the Company’s common stock, at a ratio to be determined at the discretion of the Board. On March 18, 2022, the Company received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC that the Company was not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company’s common stock was below $1.00 per share for 30 consecutive business days. The Notice provided that the Company has until September 14, 2022 to regain compliance with the bid price requirement. The Company believes that being able to effect a reverse stock split is in the best interests of Athersys and its stockholders by allowing the Company more flexibility to, among other things, potentially improve the marketability and liquidity of its common stock and avoid the possibility of non-compliance with the listing requirements of The Nasdaq Stock Market LLC, which will allow management to focus on executing its business strategy.
In addition, the Company will ask stockholders to consider and vote to approve a revised slate of director nominees. On June 6, 2022, the Athersys Board of Directors determined that, considering the recent restructuring of the Company, a reduced Board size was in the best interest of the Company and its stockholders, and the Board reduced the size of the Board to five members, effective as of the Annual Meeting on July 28, 2022. The Board also approved that the directors would receive stock options in lieu of cash compensation retainers beginning in the fourth quarter of 2022.
This is probably one of the missing news we are waiting ... Hopefully it's a good meet ... GOOD LUCK LONGS
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220608:nBwbKwqV5a
DO UUUUUUUU EVER BRING SOMETHING TO THE TABLE INSTEAD OF UR BS .. UUUUUUU HAVE BEEN EXPOSED ONCE AGAIN !!!!!!!!!!!!
Here a LIST that UUUUU bring ... LMAO
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2021
Docstemcell2020
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Looks like goupupupandaway got fired with the other Athersys, Inc. 06/03/2022 09:30:34 AM
Yippee Skippy you're busted Athersys, Inc. 06/01/2022 03:35:09 PM
Goupupup is MP BRODY ON YAHOO MESSAGE BOARD! Athersys, Inc. 06/01/2022 07:35:44 AM
Goupupup is MP BRODY ON YAHOO MESSAGE Athersys, Inc. 06/01/2022 07:35:25 AM
Whats up hopster Athersys, Inc. 05/23/2022 03:16:23 PM
Oh well goupy Athersys, Inc. 05/20/2022 02:15:25 PM
Whats up groupdowndown ¿ Athersys, Inc. 05/20/2022 10:04:16 AM
Wow Jasper Therapeutics Inc 05/17/2022 12:54:47 PM
WOW! Only 1 groupy on this board Athersys, Inc. 05/17/2022 11:45:56 AM
LMAO Athersys, Inc. 05/11/2022 12:45:14 PM
goupdowndown Athersys, Inc. 05/03/2022 01:35:28 PM
aint no sunshine when she's gone she's gone Athersys, Inc. 04/28/2022 09:48:10 AM
Wtf Athersys, Inc. 04/27/2022 03:57:23 PM
He's making America great again! Twitter Inc 04/25/2022 03:30:10 PM
Wow Athersys, Inc. 04/22/2022 10:58:48 AM
When is the delisting date? Athersys, Inc. 04/19/2022 01:36:42 PM
When is the reverse split coming? Athersys, Inc. 04/19/2022 10:51:04 AM
When are they getting Delisted from the NASDAQ? Athersys, Inc. 04/07/2022 10:09:34 AM
YES PROTALIX BIOTHERAPEUTICS, INC. 04/04/2022 10:43:21 AM
LOL Athersys, Inc. 03/23/2022 11:04:40 AM
Lol Athersys, Inc. 02/11/2022 11:59:01 AM
Does not look good Jasper Therapeutics Inc 01/14/2022 02:26:36 PM
Wow CNS Pharmaceuticals Inc 01/05/2022 05:56:47 PM
How you doing Mesoblast Ltd ADR 12/14/2021 03:05:59 PM
Glad I bought 10,000 shares last month. :) Arena Pharmaceuticals, Inc. 12/13/2021 07:55:59 AM
Let's go Brando BioLineRx Ltd. 12/10/2021 02:32:21 PM
It's looking more and more like they are Pluristem Therapeutics, Inc. 12/10/2021 08:16:46 AM
Big news this week! Therapeutics for every strain Pluristem Therapeutics, Inc. 12/06/2021 06:09:24 AM
Breaking news! Buy low sell High unlike Scotty Pluristem Therapeutics, Inc. 12/02/2021 01:32:07 PM
Just added another 5000 shares! Omicron Pluristem Therapeutics, Inc. 12/01/2021 03:58:53 PM
Pluristem Is getting ready for a big Pluristem Therapeutics, Inc. 11/30/2021 07:18:57 AM
Just sitting in the courtroom watching the Jussie Pluristem Therapeutics, Inc. 11/29/2021 10:20:16 AM
50 mutations of the new covid variant in Pluristem Therapeutics, Inc. 11/26/2021 06:14:16 AM
Big move coming in 16 days! Get in Pluristem Therapeutics, Inc. 11/24/2021 07:46:36 PM
Nice one year chart Athersys, Inc. 11/19/2021 04:23:56 PM
Nobody will be able to beat pluristems meat! Pluristem Therapeutics, Inc. 11/18/2021 07:20:58 AM
Institutional ownership has been updated and they are Pluristem Therapeutics, Inc. 11/17/2021 06:19:37 AM
Notice Yaky is speaking at 7:30 AM tomorrow Pluristem Therapeutics, Inc. 11/14/2021 03:34:20 PM
Looks like Jen saki let the cat out Pluristem Therapeutics, Inc. 11/09/2021 02:27:24 PM
Really smart! The whole world is sending there Pluristem Therapeutics, Inc. 10/28/2021 07:12:30 AM
Looks like goupupupandaway got fired with the other 70% of them.
I'M BUSTED ABOUT WHAT ?????? HELLLOOOOOOOOOOOOOOOOOOOOO
ANSWER THE ?????????????
YIPPIE !!!!!!!!!!!!!!!!!!!
Goupupup is MP BRODY ON YAHOO MESSAGE BOARD!
Goupupup is MP BRODY ON YAHOO MESSAGE BOARD! ??
This is the highest I've seen ... DO NOT SELL!!!!!!!!!!!!!
https://shortsqueeze.com/?symbol=athx
Nevertheless , much more was expected given all the promise given in previous reports and cc's.
You can expect the market to react anyway from what it did, when there's a build up of expectations followed by a let down in results.
Funny how the prior extended drop over a period of time was properly expecting a disappointing report.
I wouldn't be at all surprised if a nice bounce occurred . But now it will become a reason to sell into it; and not a solid reason to buy it.
The market says "Prove it" !!
" The primary endpoint , Excellent Outcome at 90days did not meet significance in this population".
THAT DID IT !
It was a COSTLY day LOST well OVER 150K .. HARD COME and EASY GO ... THE DIFFERENCE HERE I DON'T CRY LIKE A LITTLE POS THAT HIDES BEHIND YOUR WHATEVER AND ALLLLL UUUUUUUU SAY ... LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL
Couldn't agree more, this kind of move isn't justified
Imagine where it would be if the results weren't remarkable.
Sell the news means a 50%+ haircut - the market is broken for sure.
The market has spoken
Conference call coming up @8:30 tune in !!
Yeah, I only bought 20 calls for June 17th. Basically like an all in poker bet
Delisting time
I guess not good enough !!
The results of the Helios clinical trial have just been released. Athersys partner Healios stroke results Simply remarkable: The benefits provided to the TREASURE patients by MultiStem treatment represent good recovery, are clinically meaningful and should result in substantial improvement in quality of life for many stroke patients,” commented David C. Hess, MD, Dean and Presidential Distinguished Chair of Neurology at the Medical College of Georgia at Augusta University, investigator and lead author of the MASTERS-1 trial. “The TREASURE study enrolled an elderly stroke population with a median age of 78 years, making these results even more remarkable. We are excited about the MASTERS-2 study and the potential to add a new, clinically meaningful treatment option to stroke clinicians and patients.”
https://finance.yahoo.com/news/athersys-announces-partner-healios-k-070000689.html
Yes, Regarding Results it's NO different than the Studies mentioned that shows P3 trials to succeed 60% of the time and then move on to the regulatory filing stage, which has an 80-90% "APPROVAL RATING"
https://www.bio.org/sites/default/files/legacy/bioorg/docs/Clinical%20Development%20Success%20Rates%202006-2015%20-%20BIO,%20Biomedtracker,%20Amplion%202016.pdf
There was a very large trade on the options chain today.
$1 strike may 20th puts...5,000 contracts were sold.
Then
$1 strike June 17th puts....5,000 contracts were bought.
If the price stays below $1 by tomorrow that first trade will have the shares put to them.
Then if that same trader owns the shares they can exercise the short position on the ladder trade.
I don't quite know what to think of this but it should interesting real soon
Its not an approval , it’s study results !!
Sometime this month ..
When is it expected
The way the options chain is looking they expect approval before June 17th
Waiting on approval ..
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