Retired CFO
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Technically, shorting is selling a stock you don't own. So no IMO. You can follow the daily shorts right here on Ihub. Here is the link.
http://investorshub.advfn.com/boards/board.aspx?board_id=17129
CBAIWaiting. Did you see this post just yesterday? Almost 50% of Friday's volume was short selling. That's the MM's playing there games and hoping CBAI will dilute more now that the S1 has been approved.
5-21...short volume..7,987,915...total volume-19,944,197.....When are they ever gonna let up?...good luck, michael
I agree with you there. When people can't explain what is happening they atart making things up that are outrageous. CBAI hates this as much as us.
That thought is just crazy. Matt needs his share price as high as possible. The MM's know a S1 was recently approved and they are expecting those shares to come on the market. It's as simple as that. If CBAI has to dilute they would obviously want the highest PPS possible so any dilution was as little as possible. And if Matt buys or sells he has to file and CBAI is fully reporting. We're in a short squeeze and it should be illegal. Matt hired Buyins.net to fight the short squeeze. And I will bet you he still isn't diluting as proven by the 10Q.
The answer is Rain. Rain was a sub that we have moved away from since we are now 100% focused on stems. Rain did $169K of revenue 1Q09 and none in 1Q10.
I think he was talking about all of Corcell's stems. We don't own Biocells yet as we are still doing DD.
Locks is on vacation until Wednesday.
The Biocells deal is interesting. Per the announcement they are currently doing about $1.2M a year in revenue and are profitable. So that gives us immediatedly another .3M a quarter in revenue and is why I said my 3Q and 4Q numbers could be understated.
But what really gets my attention is where does Biocells store today? We know from an earlier announcement at least some of Biocells stems are now planned to be stored in Vegas. If this deal includes us storing all of the Biocells stems in Vegas that will help fill up our facilty and make what was already profitable even more profitable for us.
For true longs out there here is something you might be interested in. Obviously, these are my guesstimate but I have put some thought into them. Feel free to share yours.
Revenue
1Q10 .8M (actual)
2Q10 1.2M (50% increase over 2Q09)
3Q10 1.6M (100% increase over 3Q09)
4Q10 1.8M (200% increase over 4Q09)
These assume we close the Biocell deal July 1st (3Q effect) and if anything the 3Q and 4Q numbers are understated. Any new acquisition would raise these estimates. The most interesting thing is if we achieve a revenue number of 1.8M or more in the 4th quarter that quarter we will exceed the 4Q09 revenue by three times. Not shabby. I feel right now the first quarterly profit won't come before 1Q11 but we could be cash flow positive 4Q10 if we can push the revenue to 2M or more.
I'm really anxious to see the 2Q numbers now. Soon I'll give you my total forecast but for now my revenue forecast is $1.2M, a 50% increase over 2Q09. Our numbers are going to increasingly start getting better. All have a great weekend.
Thanks for sharing. And don't forget those stems could help save your daughter if she is a match, or even you.
Appears the DOW will have another down day. Could get ugly as this is options expiration day also.
Nice. IMO this is just the first shoe to drop on the need for family related stem cell donors and I'm looking forward to see how CBAI captures related revenue from this. Look for a PR coming on this soon. Thanks again Mr Long for keeping us advised on how the insurance industry and government are now promoting the use of cord blood and placenta stems for life saving transplants.
www.businessjive.com
Sounds interesting. I'll watch it for sure. Thanks.
Thanks. I love the China deal too. It could be huge for us next year.
I requested a video chart from Claytrader. We'll see if he is willing. Very curious what the charts are telling us after todays trading.
I agree. And I'll add that we know we have been under a considerable short attack. Around 30%+ a day for the last week or so on low volume. And we know Matt hired Buyins.net to ensure the MM's are covering there shorts within the rules which is three days. I'm thinking they are now covered. If so, what started this afternoon could be the start of a nice uptrend. Any thoughts?
Me too. If the MM's are done covering there shorts tomorrow could get interesting assuming the DOW doesn't crash.
I needed a laugh. That's funny Booger. Now the question is are the MM's done covering there short sales? Kind of looks like it.
I don't know if we have a short-term offering right now. I believe the Placenta deal is short-term storage but not sure about private cord blood.
Is all this saying we need a short-term storage program? And how do you think this will improve revenue?
Very encouraging info/thoughts on this down day. Thanks Mr Long.
I use to travel to Toronto almost monthly. Back in the day when Sam's Warehouse was the place to go. I haven't read thru the entire 10Q yet which I will later. But I'm pretty happy with it and know it will get a lot better next quarter now that we have the start-up costs behind us. As long as we're under this short attack only the MM's know how low they want to take it. Painful to watch for all.
Highest quarterly revenue ever for CBAI. And take out the one-time start-up cost and lowest quarterly loss. Basically no change to share count. And we have to remember we didn't move all our inventory into the Vegas facility until late February. I'm pleased with it.
I'm going to laugh all the way to the bank when we recover. CBAI will live way beyond your expectations.
Mr Long, I don't understand all these insurance posts but I do appreciate them as I know they are important. Thanks.
Let me add one very important factor. CBAI is fully reporting. They do everything by the book. This is a penny stock in term only. It behaves as any big board stock does in terms of openness with audited financials.
I will give you my opinion but it's only opinion. Between myself and my girlfriend we own 22M shares. I have three kids and two of them own about 1M shares each. My sister owns about 2M shares. I could go on and on but bottom line this company is about the future. Matt the CEO is doing everything right to grow this company. Maybe not as fast as some want, but methodically IMO. To me it's a sure thing. I don't care that the PPS is currently down cause I know what is happeneing here and I believe we are on the right track. Obviously, BCBS believes it or they wouldn't have made us there preferred provider. Nobody is happy the share price is where it is now. Me included and Matt the CEO as well. But they have a vision and a strategy. And I for one believe in it. I think it's a great LONG-TERM investment. Who knows what the share price will do tomorrow or the next day. But I feel confident where it will be a year from now and we're not selling anytime soon. Good luck to you and your family.
Yeah. My Fidelity screen came up with News but when I read it all it said was the 10Q had been delayed. Sorry.
NEWS. Nevermind. It was just Fidelity finally putting out that the 10Q was delayed.
I tried to set my shares as a limit order to sell at .05 with Fidelity and it says it will be treated as "Not Held". When I look that term up it sounds like the MM has the discretion to get the most he can and not necessarily .05. Anyone else have knowledge of a "Not Held" order? I have a ton of shares so we're talking about a lot of money.
I'm thinking what Buyins.net is doing might create some upward movement today looking at L2.
Matt hired the Buyin.net company to help with the shorting. I guess he hired them once before and had some luck. Anyone have any expereince with Buyin.net? First I've heard of them.
And it seems the 10Q is late due to having to include the Stellacure deal. It just raises the level of difficulty but they will get it down once they get thru it the first time.
No. One of the questions in this filing is does the company expect a material change in it's reporting due to the delay and Matt checked NO. The Stellacure numbers could be the problem if they are reporting anything related to that transaction. Going Global adds a level of difficulty.
Locks, you might want to post this on your site as a question for Matt?
Is this something you think Matt should PR?
Nice. Thanks.
Don't have a clue.
The 10Q is going to be late. They filed an extension.
http://www.sec.gov/cgi-bin/browse-edgar?company=cord+blood&match=&CIK=cbai&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany