Retired CFO
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Morning all. We should get the 1Q 10K sometime this week. GLTA Longs
For those of you that saw the ABC News story on private cord blood banking or care to see it below is a link. What I suggest though is to read the comments at the bottom. Most are very critical of ABC News and many parents offer stories of how the storing of cord blood has helped there kids. Interesting stuff.
http://abcnews.go.com/WN/private-umbilical-cord-blood-banking-parents-spend-big/comments?type=story&id=10549979
Hey Scott. Yes my weekend will be much better after todays rebound. I was a little nervous this morning not knowing what it would do. You have a great weekend too.
Yeah. Very nice day. All have a great weekend. At least we ended on a good note.
After the slide we've had I'm very happy already. Just glad to see it going back up and not dropping more. My GF who also owns a ton of shares was frigging out last night.
Have no clue what will happen today but four stock pickers have put out buy signals on CBAI this morning. Look under news on Pinksheets.com.
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=cbai
Well we have been under a short attack for the last week. Now we know why. All will see a private banking offensive soon. Mark this post. LOL
Look for the cord blood industry to go on the offensive. May the better story win. GLTA Longs
Tonight's ABC News report seemed so slanted to me. They never mentioned the benefits. Only one case that it wouldn't work for basically. If I'm Matt I'm creating a cord blood banking org and suing the crap out of ABC. Is it me? Or have there been many real benefits shown? It was like they want our stock to crater.
Whoever caused it will be having a BM soon I'm sure. LOL
Hey it could be worse. I had to hang up on my girlfriend twice today due to the falling price. But even worse than that now they are blaming the 1000 point drop in the Dow on someone that put in a B when they meant to put in a M. We could be that guy.
Hope we see a rebound tomorrow so I stop getting these angry calls. LMAO
Lenny, I'm new to this stock but came here because I'm an investor in CBAI. Since they don't seem to do any filings is the TA gagged or is it possible to track outstanding shares? This stock could have a great 2011 but I wouldn't look for much from it this year. At some point I will probably invest but not yet.
He's trying to help stop the slide. Can't blame him for that. And he said 2010 revenue would be up 40-50%. Not 2011. Next year could be double or more the 2010 revenue plus we start getting the 8.5% royalty which I remind everyone is all profit.
Morning Booger. Nice pic. LOL. Yeah Matt is not at all happy. I'm not sure what he can do but I can tell you he's going to try. None of this makes anyone happy but I still have zero doubt in time it will turn up nicely.
Not that I've seen.
I think Matt has something planned for us but have no idea what. Hope it's good.
Give me a break.
The Sponge company execs were arrested today and right now the stock is still trading higher than CBAI. Go figure.
I don't blame anyone for being concerned. I personally am not at all worried but I do have other investors that I got in that aren't happy. IMO CBAI is making all the right moves. Hopefully, in a short time we will see this moving up nicely as the market cap at these prices is totally undervalued.
Well I will say this Holter. If you don't have faith in the CEO and what they are doing you should sell immediately. Sell, sell, sell. Someone else will buy those shares, I have zero doubt and it will have little impact of the longterm share price. GLTA Longs
It's just an educated guess but if the MM's know they can let this stock run whenever they want then they buy and when ready let it run. An escalating share price will bring new eyes on this stock in a heartbeat. But I'm no trading expert so just going on things I have learned. And hoping that I'm correct. Otherwise, we will need a beneficial owner to come in to move it until we get more news. Believe me Matt is not done buying companies yet. I'm sure he is working on a few deals right now.
I like them or wouldn't be in. Like I said, I hate owning Canadian stocks. LOL. They own some properties very close to other producing properties and the surveys have all been positive. It's mostly an either or situation. They strike we get rich. The don't strike and the stock goes down some until the next hopefull property comes along.
I have no clue. But with the low volume not many are selling. Remember there are 5B shares out.
Not if the MM's are loading up at these prices?
The big reason it fell from .0197 back to around a penny was that Enable Capital sold over 300M shares. That's what caused that large drop IMO. And don't forget we had mulitple billion share days and yet no beneficial owner was included in the 10K.
Like I said in a previous post, this stock can move up on no news and big. I'm not writing off the possibility that we could see .02 any day. But it's just my opinion.
I hate owning a Canadian stock since it's so hard to actually watch. I use the link below to follow if for the most part. This is a lotto play for me but they have only 40M shares outstanding currently and own the rights to some interesting properties. They could very well hit big like the $2-3 dollar range if they find stuff on one of there properties this summer.
http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn_overview.asp%3Fsymbol%3DV.URA%26table%3DLIST
Every single stock on my watch list is down today. Unreal.
I haven't bought into this stock yet but some of my friends own it so I've been watching it. I can't understand why the fall from .20 to where it is now. From everything I've read it looks good. I keep thinking about buying in but it just keeps slowly falling. You have a clue why?
Not an ounce of difference. We are only interested in the sub when it's created. I could care less about the parent company and how it performs overall.
Your understanding is only lacking in your imagination. Read up on ENTB and there parent BMSN and tell me if people care what the parent stock is doing. CBAI gets 10% of any profits of the sub. So Matt will be very involved in what assets/liabilities are brought over to the sub.
Not mistaken at all. We don't own 10% of AXMP. We own 10% of some sub that has yet been created/announced. Lets see how that develops.
Two comments. One, you don't look a gift horse in the mouth and make demands. And two, Matt has zero financial interest in how the AXMP stock performs. Only on how the sub performs.
I saw that before. From the little I have found about AXMP it sounds like the CEO (I believe) is a female and is highly respected in China. Connections are key here (remember the gov over there totally controls who gets a license) and if that is the case it could be very positive towards obtaining other licenses. I still believe from reading everything that AXMP is converting the entire compound to storing cord blood and maybe moving away from there current business. The announcement clearly states the entire operation is available to drive the storage business now?
I agree with you completely. AXMP must have the right contacts as someone is putting up millions to retrofit the current facilities to store cord blood and other stems. Once they get this license with the right investor they could add other provinces with Matt and the companies help. The thing I really love about the deal is there is virtually no cost for CBAI. The only expense they may be incurring other than time is maybe we are paying for any trips to China. But AXMP could be paying for the trips too. All the construction costs and equipment is being paid by the China investor. Also, remember in the announcement it clearly states there will be a stem cell sub created. So they could spin the stem cell sub off to recoop the costs and then we also get 10% of any profits of the sub on top of the 8.5% royalty. Moving faster is a very good thing for sure IMO. This deal I believe will prove to be much bigger for CBAI than people think in time.
I have no projections. And Matt isn't going to give out any of those details just like no other real company would make that known at this point. All I know is China is a huge market and cord blood licenses are provided by province which means there would be no competition for the area AXMP covers. Myth has provided some good info on the license requirements and just to get a license is huge. It was stated somewhere the current space would allow up to 2M stems to be stored. All the factors mentioned above is what gets me excited. Matt is making all the right moves and IMO doing great towards meeting his goals. Maybe not in your timeframe expectations but I feel your expectations are somewhat unreal. Give him some time to make good decisions and grow this company profitably.
It may be fluff but the sooner the China deal is up and running the better for CBAI. Don't forget, the 8.5% royalty is all profit. I'll take as much of that as we can get and the sooner we start the better for us.
And something else very important is the license. We don't currently have one but clearly someone put up the cash to build out the storage facility and Lab expecting us to get one. The sooner we can get that license also the better for us.
It's funny to me that the share price is always blamed on Matt. I don't believe Matt is selling shares (maybe a few but not enough to crater the PPS). IMO it's the MM's holding it down while buying shares. If that is truly the case they are well aware that if they let this start to run there will be a bloodbath of people jumping in creating a nice profitable selling opportunity for them. And if I'm correct, it could happen any day on no news. Trust me on this. Matt is also not at all happy with his PPS dropping. GLTA Longs
We have another amended S1. The shares are the same so I don't know what changes were incorporated. I also wouldn't be surprised if we get the 1Q 10Q later today.
http://www.sec.gov/cgi-bin/browse-edgar?company=CORD+BLOOD+AMERICA%2C+INC.&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
HAPPY ANNIVERSARY everyone.