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CEGE's next cycle to FAIR valuation is just beginning . Those who had a few grains of faith will have a terrific return on their investment .
Renee
yesterday I have bought a lot more at 0.344
where we go now ???
I've already posted the news for DNDN, it's going to explode when it begins trading again. Conference call at 8:00.
JUST FOUND OUT WHAT is is about
DNDN HALTED NEWS!!!
Haven't seen news yet, but something is happening suddenly! Pre-market already showing 425,000+ shares traded.
I sort of think we may see a run towards the end of this month, as I believe the 31st of April is when Dendreon is expecting the news on Provenge. For the most part, this stock does appear to be mimicking DNDN's moves. Hopefully the news is good, otherwise the stock will tank and cancer patients will lose out.
Doing some DD on this right now...hmmmmm
DNDN zooming in premarket on huge volme. Spillover effects on CEGE, I think.
premarket 3.000 shares at .4 - we should go up today or the first days
Here is a link to the letter of credit agreement that was mentioned in the 8K, but not shown in the Yahoo linked page.
http://www.sec.gov/Archives/edgar/data/865231/000119312509076630/dex106.htm
CEGE 8K just out *LINK INSIDE*
http://biz.yahoo.com/e/090409/cege8-k.html
we should move for sure - time will tell
I'll throw a few bucks in this one for sure
Insider Leroy C. Kopp bought another 300,000 ; 100,000 per transaction on 3 separate days this past week .
His total CEGE holding is catching up to me .....hahahaha ....bit of a joke there .
FWIW ...my biggest stock holding .
Renee
Looks good, hopefully we'll need this guy as our mascot really soon. (see link) http://www.rallymonkey.com/oldvideo.php
I am comfortably convinced that CEGE is a keeper stock .
I honestly think your investment is SAFE , Nofortunateson .
Renee
Hello Renee, how have the markets been treating you? I hope this one will do us well, as I feel it will. Price and volume are coming up, there is definitely buying interest. I had originally bought shares of CEGE on the 31st of March. I was planning on buying more today, but this past Friday it started to wake up so I bought again on Friday. If CEGE has a bad day and drops again I would like to add a little more. GLTA
Actually , Nofortunateson , CEGE deserves a sustainable PPS appreciation up to a FAIR valuation that should be much higher than any sub-dollar PPS .
We meet again , nice !!
Renee
We shall see. The volume is up as well as the price. If we get some good news real soon this could have a decent run. jmho
Agreed, he certainly has lots of confidence. Though if you look carefully at his buys and sells over the past 6 months or so, his trading timing has been pretty bad. But presumably the intent was to build a large position, not play the 20c to 40c and back down moves.
Hypothetical question for the knowledgable folks here. If Dendreon does not get approval for Provenge, what would be the effect on CEGE stock? http://www.forbes.com/2009/03/24/dendreon-provenge-business-healthcare-dendreon.html?partner=yahootix
CEGE moving on sympathy with DNDN
Your right.... I guess what I was getting at is that he has put approx $290K into this company in the last 3 weeks.... that's a pretty strong indication of confidence.
Who's selling, I'm buying. GLTA
SnS, I bought more today. I thought it would posibly drop a little and instead it started moving up. I bought after I saw it start to move. I should have bought while it was still sleeping, oh well. I really think we will see some positive upwards movement with CEGE soon. jmho
This is not an insider buying situation. Kopp is an investor who has bought so much CEGE stock that he is now over 10% and has to file form 4's.
sell on ask , don't kill the marathon
I have been watching this and jumped in today. How can you ignore a stock when an insider has bought 1 million shares in the past 3 weeks at and average price of .28 , you would have to be fairly confident in the future to invest $290,000.
The insider purchases are most encouraging. I am strongly considering buying some more CEGE soon, as I think it may drop back down a little from where it is now.
1 million shares purchased in last month insider.....Maybe we are in for a treat!!
Today 6:19 PM
View: View Filing
Cell Genesys Inc (CEGE) Yesterday
Market Purchase
(100,000 @ $0.28) $28,400.00 2% 5100490.0 --
Today 6:19 PM
View: View Filing
Cell Genesys Inc (CEGE) 31-Mar-09 Market Purchase
(100,000 @ $0.30) $30,000.00 2% 5000490.0
31-Mar-09 6:12 PM
View: View Filing
Cell Genesys Inc (CEGE) 30-Mar-09 Market Purchase
(100,000 @ $0.34) $33,900.00 2% 4900490.0 -20% (< 1mo)
31-Mar-09 6:12 PM
View: View Filing
Cell Genesys Inc (CEGE) 27-Mar-09 Market Purchase
(100,000 @ $0.40) $40,200.00 2% 4800490.0 -33% (< 1mo)
More on file with sec.
Just bought in the other day, looks like this is possibly the bottom. Hopefully something good happens soon and CEGE gets a nice boost. GLTA
Reuters and I agree , CEGE is a hold . It will take a material event trigger to transcend the stock from a trading stock to
a strong hold for many investors .
Renee
CEGE is a hold on Reuters
Weird games being played here today
Kind of makes you think the BIG BOY WALL ST BOYS are here
Just a guess , Frans , but Germany Brokerage comes to mind .
Renee
What or Who is MM Internat ??
What brokerage does he represent ???
I find it interesting how only 258000 shares trade this morning and the stock is down to .31
For the most part I try to avoid this, BUT here goes: CEGE buyout is imminent, the announcement maybe as early as next week. This is from two good sources. The word is getting out as the stock showed last week. Please dig around and see if you can get confirmation! Good luck to all. Chipwa1
seabiscuit was saying 5.00 is possible
IF seabiscuit is here could you reiterate why??
Thanks
CEGE has somewhere over 100 million in cash, debt is more than that, but not by much. Currently they have few employees and little in the way of expenses. A deal is near for a their technology, which has value, i.e. a large sum of money will come CEGEs way. Shareholders have a great chance of receiving a chunk of that cash. They may merge, or shut down; they will cease to exist shortly. That is my spin on it. Chipwa1
up another %11 in after hours. can anyone explain what is driving us up. im enjoying the ride just wish i could figure it out tia
quite the chart
http://stockcharts.com/h-sc/ui?s=cege
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http://www.cellgenesys.com/home.shtml
http://finance.yahoo.com/q/ks?s=CEGE
http://moneycentral.msn.com/ownership?Symbol=CEGE
Cell Genesys, Inc., a biotechnology company, engages in development and commercialization of biological therapies for cancer. It develops cell-based immunotherapies and oncolytic virus therapies to treat various types of cancer. The company's clinical stage cancer programs comprise cell- or viral-based products that have been genetically modified to impart disease-fighting characteristics that are not found in conventional chemotherapeutic agents. Its GVAX cancer Immunotherapies include Prostate Cancer, a phase 3 product for the treatment of prostate cancer; Pancreatic Cancer, a phase 2 product for pancreatic cancer; and Leukemia, a phase 2 product for the treatment of acute myelogenous leukemia and chronic myelogenous leukemia. The company's Oncolytic Virus Therapy includes CG0070, a phase 1 product for the treatment of recurrent bladder cancer. It has a strategic alliance with Novartis AG to develop and commercialize oncolytic virus therapies, and has collaboration agreements with Medarex, Inc. and Amgen, Inc. The company was founded in 1988 and is headquartered in South San Francisco, California. Feel for you folks, sincerely.
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