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I was talking about a snap shot in time I was watching the MMs run out of shares at this price on LVL2. Still some bidwackers a scaredy cats out there, but I think the sell off is over. Lets hope for an EO tonight.
No, 22% drop is NOT moving up. EOM
Actc, movin on up! Looks like we might trim some losses during power hour! Flat is better than red!
this is the only stock I have that is green. Its unreal! Go Eric! Go KDSC!
I am assuming we are still on for the ticker change and share cancellation? Any news?
yeah thats a 140% gain at this level. Go ahead and try to get that somewhere else. This stock is still up close to 200% this year. Some folks are still up 600% since they bought in at the 52week low.
I have stopped day trading. Its getting too hard to predict anything today.
Well i think by that rationale you are safe in assuming that at least the market as set a price on ACTC in a post ban world.
And that price would be... drum roll please...
.30
thanks for your time. Have a nice day please drive through.
GLTA
Seriously, I really dont think ACTC will be allowed to fail, with all the folks that have already shown interest in this company's technology. I am frustrated with everyone else, but the wheels of Govt turn slow, and the prez is dealing with a lot right now.
It is an interesting thought though that i saw posted on here earlier about the timing for the EO to lift the ban would be perfect if it occured tonight at the conference. Apparently the folks in GERN seem to think that is possible too!
MT. Blanc.
Not all of us started in the foothills my friend! LOL!
Keep the faith and keep climbing!
by the way, my realtime MACD is a positive .0013. Its positive for the first time all day. Looks like the MMs are running out of shares at this level. Time for the long walk uphill.
I wish we could just take one of those conveyor belt things that skiers use! I guess thats the EO huh?
GLTA
I have to say there is a good chance of that if and only if the stem sector is viewed as a component of the next bull. Incidentally, everytime i see a report on finding the next bull pharma of some type is being mentioned. First stems, then big pharma making big deals, then discount pharma undercutting big pharma (CNBC this morning), CVS (CNBC last night) etc, etc.
We have got a good shot here. Maybe .50 I dont like predictions but I dont want to discount anybodys opinion either. Lets just see what the MM's do today. I guessing we will be okay by weeks end!
Check out GERN! They are up! The history here is that we follow. Maybe we close green! who knows?
thats very interesting. I saw the same thing on the volume by price and scotastics/macd i was looking at this weekend. I disregarded it due to profit taking and scares that have occured since then.
I think gern really hurt us by their stock offering a little while ago. Those who didn't do the research to discover why that happened viewed that as a sector weakness. I think that speaks highly of a bullish attitude from the leader in the sector. I doubt they would dilute the stock on the cusp of a huge push up, unless they truly believed they could pull this off in the long term.
Patience my good friends!
Not directly I agree. The EO lifting the funding ban will take a while to be realized. However there will be a great deal more interest in this sector once it looses it's red headded step child image. I personally think that the EO being lifted will attract big pharma AND investors looking for the next bull market!
Also, don't forget investors buy and sell on news, almost blindly. Remember the run we had to .29 just on the hope of the EO being lifted.
All we are seeing is impatience. They will be very sorry.
Good luck to all longs, and to those switching camps from long to short... I apologize in advance for taking your shares at a steep discount!
I thought we were all about the weak in this country? Lets help em out. Buy their shares so they can cut their losses ;)
My strategy depends on where we settle after the EO. If the stock price gets high enough to be marginable by scottrade I will maintain my position. Otherwise I will take 1/2 profits and reinvest on new news.
I am no believer in charts at all. I agree completely. I guess i am just trying to figure out how many bought at what levels. Just to give me an idea how big a fear factor we need to get a big sell off. For anything other than that I find charts to be about useless. Unless I am reading it wrong, I feel that there is strong support at .15. Not saying it cant go lower (it already has) but I think it will rebound and stabilize there, until some news pulls it up.
Now I will be made a liar by the market! LOL! Its all good I really do beleive in the company. I believed in ACTC at .06, nothing has changed at .14!
GLTA
Do you folks think some of the downward pressure here is from the news on socialized medicine, and its cut in profit margin for big pharma?
I thought I did well buying my first at .06! You guys are good!
Of course I have averaged up, buy on dips at .12 and .17. I am averaged at .126.
Any thoughts on where our level of support is? I poured over charts and filings this weekend. Spent hours and I convinced myself it was at .15. Any thoughts?
Thanks rock,
I'll read it tonight.
Sorry sports guy,
Happy hour over so I cant PM you. But I hear you and I completely agree.
How bout them Yankees?
sorry I should have speciied joint venture.
I realize the terms are not one in the same.
There is a mutually beneficial relationship there.
Is the bottom line. IR made it clear that ACTC is moving heaven and earth to satisfy these folks including working on Blood synthesis first, a major shift in priorities. They are recieving some benefit from a much stronger company. Its not an astronomical buyout from big pharma, but it is better than nothing.
I really have to agree with you that whe should NOT give what ifs any more time on this board. The court case was a great find and I applaud you for that. I just think we should table that and be wary unitl we hear more.
Im cool, lets move on to something else.
I dont want to turn this place into the wild west but I have got to challenge this stuff:
First of all, i am only hearing opinion, opinion, opinion being sold as "market principles.
I.E.
"ACTC's fully diluted share count has to be close to maxing out the AS# of 500MM", where are you retrieving these numbers from? What do you base this on? You are assuming that there are another 100mil shares we don't know about. Figures please!
"The CD shares that must be kept in reserve in many cases is 120% of actual number" There is no rule in the SEC that defines this that I can find, and I have looked. This depends on what kind of business deals ACTC has made.
"When?: No idea. I would suggest it will be sooner rather than later. ACTC operates with shares, no lottery has been won that I am aware of. Monthly redemptions add up in a hurry and are paid with stock, the lower the pps, the more shares that go out the door. Many went at 2 cents in Nov-Dec."
Dude, try investopedia... please. The shares went in Nov-Dec for .02 because that was the PPS. And by the way that had NO EFFECT of the PPS of the time. Shares that are paid in coversions go at the PPS, and unless they are variable contracts they go for a fixed price set in the contract.
"Plain and simple this is a business item that will need to be addressed in some fashion. No matter which way it is cured, ACTC's ultimate success will depend on their performance."
This I agree with, but I think we part company on what their performance will be.
Recapitalization is a fact of life with any company. Restructuring and recapitalization are two different things.
If you think the company is being run poorly maybe you should call up Lanza and offer him some advice for a fee, or apply for a job. Just not IR please.
This arm chair quarterbacking based on conjecture and flawed market principles has got to stop.
If you want to average down go bug a blog board on citi group or bank of america. No body is gonna get my shares at this PPS!
Thanks for hearing me out.
The merger with south Korean biotech
The funding that they are seeking from the state Of Mass (as per IR)
Cant say why IR doesn't know. But if it were very big why did we have to look so hard to find it? We STILL dont know enough about that issue to give it any traction.
Ease up bro, its the weekend. Have a beer or something.
Let me say I am glad to have all you guys on this board. I think a range of ideas is the most positive thing about this board!
I cant help you much with a way to positively spin negative info. I really hope nobody here is trying to do that. I think we do have some inexperienced investors here. I qualify that by including myself in that list. I do see the way the stock is acting. Just compare how we have done compared to the Macro picture of the market, and even the macro picture of the stem sector. I think we have done VERY well. Secondly I haven't heard anything negative that isn't very common to small growing companies. Even toxic financing will be overcome by a comany that has something good to offer. A lot of the negatives of the sector I think will be avoided because we are still operating somewhat under the radar, but more and more people are learning what ACTC has to offer. There is speculation both ways positive and negative. You can really become a better investor from learning how to discern speculation from fact, and avoiding speculation both externally and internally.
If I state my opinion, I make sure to let everyone know thats what it is, especially if I am outlining my strategy in specifics. You guys are fine with me by saying if it drops x amount you will buy. Thats cool! And thanks for sharing, that tells me where our sentiment resistance is. However a lot of folks on this board feel that the vast majority of investors in ACTC actually monitor/post on this board. I dont think thats the case.
Most importantly I really want to try and debunk the attitude on the board that we are all sitting across the poker table from each other. We have some great moderators and researchers on here. Lets work together and get some solid stuff on here and figure out some entry and exit points that will work for everybody. We can be a lot stronger this way and we can all benefit!
Maybe we can take a vote?
sounds great. I really need to fork over and upgrade my account.
I completely agree. I think it is very scary. I am trying my dead level best just to hold on to the equity in my account. I think in the long run, the building of positions with a value investing slant will pay off NLT the enf of FY09.
I do think in almost every sector there will be a darwinism approach to companies. The strong will survive. So I am looking for the weak to feed off their flesh and reposit that into the strong. Being the vehicle for that makes me strong too!
ACTC is a speculative play no question. I have read every post on this board, and I see the pattern in sentiment. I think thats why the old timers here are constantly encouraging the weak to leave. I think they are mostly all leaving. I think what is happening now when the price drops is a little profit taking from people in since the single digits and reinvesting at lower prices than where they sold. Not a bad idea but I think I will save the commision until be break .50.
People get so sensitive when you post something negative, because sentiment strongly effects any security, even the big boys. Remember its the FUNDEMENTALS!!! I am not a fan of charts, but I think others that are can become a self fulfilling profecy. If you believed in the company at .05 then why wouldn't you believe in it at .15?
Good luck to you my friend.
Rock,
How bullish are you that ACTC will free up the capital to satisfy the financing they have recieved with their merger and fed funding?
I have to say that i am bullish right after the EO. I think we will see increased volatility but a higher floor for PPS after that. I feel pretty strongly after talking to IR twice (i spoke to them yesterday as well regarding the lawsuit, of which he had no knowledge) that ACTC's financial focus is on cleaning up their balance sheets, and all moves made by the comapany seem to point in that direction as well.
You thoughts?
mutt,
look at retailers in the housing sector that report earnings on the 24th of feb ;). I hope you meet your goal!
I can see there is a lot of concern.
I agree with those who have already posted that the EO is coming soon, and their is no need to be concerned. I think obama has been very busy, and the stem cell issue is not the immediate priority. I do think it will be a done deal soon.
As far as our PPS, I think the market conditions are more to blame than anything else. GERN is getting killed because of panic selling. The lack of an EO yet is allowing stems to trade with the market a little.
On the bright side let me share a strategy that has been working for me for the past 2 weeks. I have been selling short banks, insurance companies, and retailers and taking the profits and reinvesting in my stems and gold. I am at least breaking even with the blue chip losses I am taking. Until today I was making a modest 5% a week profit on my portfolio. I am looking a month or so do the road for a bear market rally, so that being said I think there is still some inertia left in the short the loosers and build the winners strategy.
My .02
It would appear that way. Thats the last record I can find of court filings against ACTC. Am I correct to assume that after the 17th this expired, and therefore a non issue?
Sidebar; Yes Rock it appears i was wrong. You win some you loose some. Thanks for making sure I know about it though.
Have a good one.
I dont think this is about converting shares at all.
It is filed under federal question.
For definition See; http://www.catea.gatech.edu/grade/legal/juris.html
It appears that they are attempting to establish if the court even is going to establish that they have the ability to hear the case.
This is still in very early stages and therefore impossible to know what it is about until we are told.
Additionally I have been searching SEC filings for Alpha Capital and I cant find any filings that relate to ACTC, so it would seem that if they do have a share in the public portion of the comany it is at least less that 5%. Please someone help me out as there are hundreds of filings to sort through on ALPHA.
By the way, these filings are primarily 13s. It would appear that this company makes money by preying on small companies. Never fear remember our south korean biotech 800 gorrila sponsor. I think they picked a tough target with ACTC.
Good find,
It says the reason is federal question. Maybe they are trying to force currency in filings (wild guess).
Whatever the story is this Alpha capital is sue happy. They have 8 open cases of suits in NY southern district court alone in the last 18 months. Looks like they sue anybody they invest in. That could be their angle. Thats one reason to refer to it as toxic financing.
I am less worried now that I see their cases are still open from as far back as Oct 16,2007. That being the case I would expect that it will be a long time before it effects us.
I have read I can't count how many times now that the beginning of ANY I repeat ANY bull market begins with the small and micro caps jumping. So strong is that trend that the russel index was created. These little babies are where the fortunes are made my friends.
Mt. Blanc, I gotta say I am really glad that you are not an MM on the boards for ACTC. I think you might own about 10 mil at 10 cents or something. quit messing with the weak! Its not nice ;)
just kidding, shake em out bro!
No prob.
My pleasure! I couldn't have accomplished that without the phone# from a fellow Ihuber!
I concur that it is nice to hear from a real person. Its a reassuring feeling. Especially with what he had to report.
I too am confindent that in the end we will all be glad for holding strong. Remember all the big boys on the street are still looking for the next Bull market sector. Biotech is looking better and better.
Incidentally, I was thinking about calling in tonight on the lightning round of Madmoney and dropping the ACTC hint.
Any thoughts guys?
Nice.
I finished looking at all the AP stuff out there on this kid.
I guess the important points to consider here are that the proceedure was done in Russia. Come on! I mean, could there be a more compelling case to improve funding in the US? We might as well go to a faith healer in the Congo. No way this should really reflect on our top notch US scientists.
This kind of thing is going to happen, because people who love each other are going to seek out a cure for their loved one wherever they can get it. All the more reason we should seek to improve our stem cell lines here.
It is admitted by the scientists that A-P (the disease the boy was inflicted with) lowers the immune systems ability to prevent this sort of thing.
I agree there will be set backs, but I am not sure it is fair for this to reflect on the current state our our country's progress with stem research. Our folks are being very careful to see the treatments through to a low level of risk.
These Russian cowboys are just trying to make a buck. They will sell you a tactical nuke too!
Oh and by the way. The kid is still alive, with a fatal disease!
The jury on this one is not in yet folks.
my .02
Stems on the rise again. Gonna wait for power hr to make my own mind up about market sentiment.
P.s.
http://www.medicalnewstoday.com/articles/139378.php
I pulled that from the post ahead of me. Not tryin to take credit. I just wanted to comment on this as this is my last post.
Good DD my friend. I am just bummed because I really wanted to clone myself. Imagine how much I could get done!
Thanks so very much for that number!
I got right through to Dan. Here is what he said;
Let me say first, he was great! Very informative, and he had a lot of FACTUAL things to share. He was very candid and very positive as we all are!
First of all he has confirmed our hypothesis that ACTC is using this time right now to fix the books while on the pinks.
He stated the reason they were on the pinks was a withdrawl of the last 2 10Qs. Just like a lot of us have been saying, they want to be sure that their books are straight and have a positive outlook before they file the reports.
He stated that they are obtaining financing from a number of sources;
Business deal with Irish banks
Business deal with Biotime (PR put out by biotime not ACTC)
Venture with South Korean Biotech firm
Dan was very positve about the financial outlook for all the obvious reasons of political shift, and more specifically even the state Govt of Mass has a stem research funding project in process in which ACTC is most certainly to working get a piece of. ACTCs fiancial focus is in obtaining grants, working with other firms to buy non-core patented technologies, and convert their idle technologies into liquidity.
He state ACTC's priority is to get technologies into late stage trials, in this order,
1. Blood stem cells (driven by the fact that the south korean company is already paying them to get going with that one first)
2. RPE
3. Liver
He was very positive about Mass funding that has been established and the connection that the south korean biotech's board members have in Mass. It sounds like he was infering they have an ear in that states legislature to slice off ACTC a nice chunk of cash.
I asked him directly what the float was. He told me that the company stated on 1 DEC that "tradeable shares" were 350mil.
He also made a point of telling me that the guys at ACTC are not gonna BS us. So no empty PRs. They do have a LOT in the works, they just arent gonna put out a PR until they are mission complete. Besides PRs cost $.
im impressed.
GLTA
Im with you man I hope its good. Actually I am pretty confident it is NOT bad. Too much at stake here and Lanza is not an idiot. I dont think he would do things that would wreck his future in this field. He is not some holding company shell making shark. He is the real deal.
But like i have said earlier maybe at this stage ignorance is bliss. I think without seeing the potential bad, the investors can focus on what they should be focused on. The potential of the technology. Bad financials CAN effect the comapny no matter how good the tech, but my vote is we are safe here given the caliber of the management.
Just in case I have placed a call in to IR (800)218-4202. I encourage you all to call as well. I think if we give a show of force and support. Maybe we can get some movement towards getting off the pinks.
Any idea what ACTC's IR position is on this?
I do believe that they should have bigger fish to fry. I dont see why they would pick on a little guy, when they let madoff get away with so much. But that sounds like a beauracracy to me.
I would like to hear something from ACTC about when they intend to get current. That alone would be a nice boost. Maybe. Maybe ignorance is bliss for the moment.
I see.
I will do some research on rule 15.
Are you of the opinion that a possible negative SEC action is in ACTCs future if they dont get current?
Rocky,
I honestly want to know what I am missing. I was always under the impression that a company on the pinks was not required to report share issues or buy backs. Isn't that why they are on the pinks, not just because they dont report financials? i always thought the purpose of the pinks was for investors to be aware that a company was not reporting, so they will invest with caution, and so the company has a chance to fix some things under the radar.
If I am wrong then i would be greatful for the effort you make to educate me.
you crack me up!
Absolutely louisa! Thats why I love the folks on this board. Especially the ones who correct me. I learn something here every day!
Stay real. No cheerleading here!
My point was that it is hard to know what the company is doing when they are not required to report.
The lack of movement is possibly related to frustration, day trading, or lack of exposure to investors. It also could be things going on behind the curtain.
I dont want to be confrontational, but how are you so confident that I am wrong when a company hasn't filed anything in a year. Hence the pink sheets. If they arent bothering to file their 10 series forms, what makes you think they would file a form 4?
Okay I am done, peace please, i give.
Maybe you havent read my disclaimer;
check my previous posts.
GLTA
wow man you aren't very positve today huh?
;)
We will rebound never fear. Give it time.
hah. then I can finally cash in my stash of beane babbies!
Good call.