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Think of it as a string under tension. They SHORT it hard on enrty to get a downward momentum (doing the very evil they profess to be against), then at a pre-determined %, they Buy back in just prior to the "scheduled" attack by the ARMY. On the one hand it helps the investors that can hang on, but the more the price drops, the more people panic sell and it is from these losses, come the gains their phase I attack. Now they Buy back in hard to invert the momentum upward in synchrony with a social media blast on ATER- "HUGE Squeeze under way!"
I hope I'm right....or just a keen imagination :)
This is the early army generals shorting on entry. Then they Buy out/ Buy In for the rebound as the faceless army starts buying up shares and the pps flies...
i minute cloud at $9.27 limit.
Just be glad that there is no more dilution until at least Nov1. Volatility will continue to happen. With such a large short interest, it takes a huge amount of buying to lift and sustain the pps. As soon as the largest BEARs step off ATER's throat, we should see some sustained, but short-lived price gains. When that might happen is anyone's guess.
Only great news, or a precision strike by the Reddit Army are capable of breaking the ice on this one.
Just know that there is a very large short position on ATER (last I saw ~ 7.5M shares were shorted. Only a large buy spike can push this over $11.
Higher than that and the ice will start breaking as people pour in. Just be sure to be a pig rather than a hog when it happens.
I'm buying again anything under $10. I believe we'll see a short term spike up in price.
GL
Broke through the Ichimoku cloud at 9.88. As long as buying volume keeps moving, we could top $11.00 before long. Quite a battle. The Reddit ARMY should call in an air strike on this one and squeeze these Shorters until they buy out.
GLTA
The SHORTS want you to sell. They cannot sell more shares until Nov1 , so no risk of further dilution until then. They will do their best to pump pps higher and sell into the momentum next month for more capital $.
Sorry, this was an ATER comment. I agree BRTX is a fleecing operation to date.
It's criminal just how much the price is manipulated each day here. Great for day trading, if ur patient. GLTA!
Head fake on open buying anything under $10 today. Sell 'em to me!
You all should take a look at using the std ichimoku cloud(26 period) on 15 min chart for break out / break down signals. It works remarkably well in predicting price moves for ATER. Gotta stick to the rules, though!
Made a nice profut on the moves today. The ichimoku cloud works very well for this ticker-up and down. 15 min chart seems best.
Lunch time should be ending soon. I hope the Bears take a nice, long nap after eating. Bulls, polish your horns..>!
It's riding the Ichimoku cloud. Needs to bust through 10.48 to make a momentum move higher and start shaking off all these barnacles.
Keeps getting pulled back into the Bear pen around that $10 Put level.
Shoo! BEARS.... Shoo!!!
WOW. Still a whole hell of a lot of selling/ shorting. Buying up "cheapies", I hope anyway. This has been a painful couple of days.
I feel a squeeze coming. short interest is about as high as it was before the explosive rise to the mid $30’s. I expect a smaller squeeze, but perhaps a rise to as high as $15/$16 with adequate buying/ short covering.
I’d love to see the Reddit army show up at the door and kick it open today. No disrespect to those making $$$ shorting the crap out of ATER.
AND… what is with all the bearish taunting on this board?
Such behavior should be managed by the crew running this board.
GLTA
Has to break above the ichimoku cloud around 13.37 to break out.
It takes a while to clear a room after such a large dump, if you know what I mean. The fan is on and the window open. I am looking for a nice reversal starting now.
Where you boys/girls think this will land today? Scapping up some bottom shares... I hope.
Good read, Jerry.
I'm in general agreement with your synopsis, but much less favorable of mgt. I imagine myself in Lance's role and I simply would not ingratiate myself to the level that he has, when the entire future of the company rides on the launching the a P2 clinical trial and build-out of the infrastructure for laboratories for R&D and other future stem cell related revenue streams.
I would have enormous respect if they awarded the options/ shares with a contingency based on achieving stated goals. Instead, they themselves keep paying themselves millions, while investors get fleeced.
The trader's question right now should be: How high will the pps go until they will trigger an R/S and offer to the market? I still say it should be a minimum of ~$.012.
It's a pretty risky bet and I choose to sit it out.
You do not want to be holding when the door slams shut. That sweet smell o' bacon will be the smell of your own arse burning. :)
MDT needs to buy NAOV. They could take the NAOV work and rapidly grow their medical products. This would be a GREAT marriage IMO.
Was on a good rise until the Mgt meeting and the note on amending to increase the # shares they make $ with while diluting current share holder value.
They will likely get the share price back up to the $4s, before they do a share offer.
I am holding until the mid-4's.
I just couldn't bear the pain of seeing this POS go down the drain w/ any more of my $. When I saw their Q1 financials come out, interestingly quite late, I realized that they paid themselves more in Q1 than the cost of the BRTX100 trial. And then they paid themselves up to $18M total thru Q2 and it continues with the latest ratification for mgt compensation.
This "company" pays its mgt millions$$ with investor funds, while it prepares to take even more $ thru a share offer & R/S.
This kind of blood sucking entity should be wiped clean of the earth IMO.
I am out of the OTC for good.
GLTA
I think PS is right. We know they are trying to get ~ $20M out of an R/S / share offer. I still think they would avoid a > 50% dilution with this pending R/S and offer.
If they can get the price up to ~ 1 penny, they will likely pull the trigger before the price collapses again.
I guess we’ll see how it all plays out.
There are other countries in which they filed the same thermostem patent, Isreal is one of them. Perhaps they will announce another couple patent blurbs to pump it up again before the inevitable RS/ offer. If I were holding, I would definitely get off this ride on the next pump, or the door will likely slam shut and u will see yet another big decline in your profit. Do I smell bacon ….?
I'm afraid you'll hear about funding in the blurb they will write when they execute the R/S & share offer. If they can't boost price to ~ penny, they can still do it for less $, and/or with a larger dilution effect.
Someone has to pay for the trial-it will be whomever holds shares at the time that the music stops.
What irks me is that Mgt paid themselves in H1 far in excess of what they need for the clinical trial / build out, BUT expect shareholders to pay for it through an offer of some of their 300 billion shares 'cloaked' in an R/S. I hope this is not the end result for shareholders, but all indications are that this is the path this is on (IMO). It sucks!
I am fully out and only comment now in the hopes that someone may avoid a great loss in this POS.
GLTA
Been rising back up. Looking for a big move soon.
The chart isn't so pretty, but like they say buy in when you see blood in the streets and sell out hen the party is going strong.
They will want to get the price up before they do a share offer. This recent price decline seems to be driven primarly by this threat of dilution.
IMO we will see the price spike up again, hopefully above my sell point of $3.35.
Don't stay too long once it goes up. Once it does, the door will slam shut with a share offer and a dilution of at least 30%. IMO
GLTA
Me too. What "normally" happens is that there will be news/ pump action to raise the pps just prior to the share offer- selling into the rise. They won't likely over dilute their shares, or they will cause more harm than good to the company's future.
I am hoping for a nice rebound and sell out before the pending squeeze. They need capital and when the music stops.... anyone holding is helping to pay their way.
Remember: Lance is holding two Aces in his hand. An approved share offer to the mkt and an RS; the magic hand for cash generation through share dilution. Unfortunately, it seems to be the only way they can pay themselves millions AND fund a trial/ do a lab build out, etc.
Ideally, he will play the pair when they can get $20M from the sale whilst diluting shares no greater than 50%. I think a dilution greater than this attracts too much unwanted attention, of which they already have plenty.
I calculated that $.012 is the lowest share price that they could squeeze out $20M with a 50% dilution.
R/S of 1000 takes OS to 3.35M shares @ $12/share.
On its back, a share offer of an additional 3.35M shares at $6.00 each.
The R/S & Share offer could certainly be done at a lower share price to capture < $20M.
I would consider throwing a few $s at this after the squeeze and the stock is in oversold territory.
Still nothing on their exclusive rights expiring, which makes the BRTX-100 trial moot.
I really had hopes for this company, esp. Thermostem, but I don't see way they can get the cash necessary to gain any momentum w/o bending over current investors.
IMO
Thank you everyone buying today!! I have successfully sold all my shares in this fine company.
Free at last, free at last thank God in Heaven, free at last!!
with a little less wealth than I had, but I leave with a much more valuable lesson in life :)
GLTA!!!
We need to get some momentum going and pop this thing back up to the $4’s. Fundamentals are not terrible.
GLTA
All,
I have been discussing filing a law suit against the management of BRTX. However, my lawyer says that a class action suit is the way to go. You just need to get enough people (need the highest possible % ownership represented, not necessarily the greatest # of people).
If you would consider joining a class action suit to possibly get at least some of your investment back, please respond with a thumbs up. Please only respond if you are a larger shareholder. ie current owners or recent owners (that sold out) with greater than 5 Million shares.
I will tell Joe the rough # of those willing to be part of one.
Thanks!
I was thinking if all holders played the Beatles Revolution #9, whilst chanting "Rise BRTX, Rise...." it might just work...
I am saving up my $ to call in a drone strike on their offices - very expensive!! Maybe during the next Board Meeting : )
I don't like being bilked of my hard earned $$ and even madder at myself for having bought one share of this POS.
If the SEC finds the time to properly investigate BRTX, then I will be satisfied.
Sometimes you just need to lick your wounds and ensure that you don't ever buy a stock on a story. Fundamentals and technicals only. The rest is hype, or gloom.
GLTA!!
BTW what ever happened to ProAdvisor? Pumped and ran.
I sent a request to White Diamond Research to do an expose on BRTX. If they decide to tackle this one, it would be very interesting to see their summary of findings. These guys are REAL truth seekers. Lance's sphincter will break a pencil when they knock on his door.
Far too painful to log in every day on this POS. I dumped a good number of shares, losses are HEAVY- hard to exit with such a loss. Shame on me!
Maybe Mgt will say they are gonna give back enough of the money they already took from shareholders in shares and options and use it for the clinical trials!? You'd be much more likely to find a snowball in HELL.
I suspect Fancy Lancy will roll out the R/S and the share offer together ASAP. He has both authorizations in hand. The lower the price goes, the less likely even an RS /4000 would get them the $ they need for a trial.
Unfortunately, this ship is more like a submarine slipping to the bottom of the sea. Gonna be one hell of a tax write off this year :)
This is a good example of what is terribly wrong with the OTC.
Retail investors are less than aphids to these people, IMO.
Give it up, man. These people are not your leaders. They are people getting rich off the backs of others.