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.
Not exactly every day but weekly. Makes you wonder why they don't just issue a larger amount of Series H shares rather than these small amounts every week or two?
I guess if they are expecting a big influx of cash they would only issue what is need to get them by....
So maybe these small issuances are actually a good sign.
limited thinking leads to limited results
LOL you are quoting the yahoo board. Not interested in their limited thinking.
Indeed. Currently this is building a base about 100% higher than it was trading at a couple weeks ago. Very good sign.
This will provide a much higher launchpad when the news you mentioned hits. I don't like to make predictions but i have my eye on a target pps.
Really...he said they would close on the ESS transaction and they did.
Even complained the company hadn't partnered yet and now a formal announcement that they are doing what shareholders want yet you complain.
Shorts are never happy.
Might want to take note of the support at .55 before calling out lower supports to fail.
News out:
Amarantus Retains WallachBeth Capital to Evaluate Strategic Options for MANF Gene Therapy Program
Amarantus BioScience Holdings, Inc. (OTCQX: AMBS), a biotechnology company developing product candidates in Regenerative Medicine and Orphan Diseases, today announced that it has retained WallachBeth Capital to evaluate strategic options for its MANF gene therapy program. Under the terms of the engagement, Wallachbeth Capital will source business development opportunities for the MANF gene therapy program with gene therapy-focused companies that offer a potential synergistic fit.
There are many ways to play. As you know I am a believer of holding a core position and trading around it.
The next 4 weeks will be very revealing.
I don't recall giving any advice, only pointing out the obvious.
Kinda like the share increase that has been known for months but that was a surprise right...lol
This board is funny!! The stock goes up 350% in 4 days and no one thinks there would be profit taking. Followed by more selling from those late to the party buying on a day the stock was up near 100%.
There are not 150 million more shares! Read the filings or the definition of more.
This went from .30 to ~1.50 there was bound to be a pullback. The daily RSI was at 80 to start the day.
I agree with GoClippers but I don't see a transcript of that call in my records. Don't think anyone was doing transcripts back then. The oldest one I have is from May this year that Seeking Alpha did.
No, from the 8-k:
On December 1, 2015, the Company entered into lock-up agreements with certain institutional holders of its Series H Convertible Preferred Stock pursuant to which such holders have agreed to restrict their trading of shares of common stock underlying the Series H Convertible Preferred Stock under certain circumstances until January 8, 2016.
The word about ESS is spreading quickly. With Lonza expected to be GMP compliant soon and AMBS submitting for RPDD things could get interesting.
0 to 100 real quick....??
Looking mighty strong today! I would hate to be caught short when the actual news hits!!
He said that in the last minute of the conference as he was rushing to finish up. I didn't catch it the first time I listened and had to replay it the second time to get the full quote.
To me that means they either need the money from the transaction to push LymPro ahead or if there is a JV/partnership that company has the avenues to move LymPro forward.
That is a direct quote from Gerald during the conference last week. I don't see how they put cash on the balance sheet or spin off the DX without some type of partnership or JV. Do you?
Gerald also made this statement at the very end of the conference:
"After we complete the strategic transaction we will be able to push the LymPro program ahead with several other pharma companies".
Are you saying there are no authorized shares currently? How is that possible for a publicly traded company?
"with 150 million newly printed shares"
According to the SEC filings there are already 35 million AS so if/once the AS are raised to 150 million the increase would be 115 million "newly printed shares".
It's easy to get confused when you hold a short position and worried the pps might go the other way.
AMBS and LymPro mentioned in this article on Alzheimers. Good to see Amarantus mentioned with the other big pharma names in the article.
http://www.prnewswire.com/news-releases/kalorama-with-alzheimers-disease-a-quest-to-know-more-fuels-biomarker-search-300187682.html
thanks given to redspeed for finding the article.
No problem gripper and thanks for the kind words. I was adding shares with you in that range, at .37 and .43. Watching closely to buy more also. Best of luck to you! Nice to see the pps hold it gains for the week.
Smart way to play, nicely done. Should be interesting between now and JPM conference. Then depending on what is or isn't announced....
Either way zero worry on your part! Congrats
Should be on deck. From the 11/6 blog:
With data coming up on the use of LymPro in Chronic Traumatic Encephalopathy that we recently completely enrollment for in Boston University’s DETECT study, we believe we have sufficient critical mass to make a very successful business from our current diagnostics portfolio and are now focused on the CLIA launch plans for these products. We remain on track to transact on the diagnostics division in the fourth quarter and will provide updates on this as progress is made. The Company is looking forward to the JP Morgan Healthcare Conference the week of January 11, 2016 as a key time to potentially make public announcements of definitive agreements.
http://www.thechairmansblog.com/amarantus-bioscience/gerald-commissiong/improving-healthcare-for-patients-and-their-families-believing-in-our-vision-through-ups-and-downs/#AMBS
FYI - I know you have all these links save...it's for those that don't. Be well my friend
Agree 100% with your assessment. Brief consolidation(profit taking) here around the 50 dma will cool the technicals allowing for the next leg up.
I share your concerns on the first part of your post. At least this time he is speaking about ESS which has received non-dilutive funding through the DOD previously. Plus AMBS has the partnership with the Army Institute already in place.
Great bullet points on the rest of presentation.
Quote from the end of today's conference:
"We're working on spinning out our diagnostic division in the near term that will allow us to put some significant capital on the balance sheet and really demonstrate the value proposition we have to investors"
http://wsw.com/webcast/ldmicro9/ambs/index.aspx
Earlier in the conference GC stated he would have updates at, around and leading into the JPM conference. JPM is roughly 5 weeks away. I believe GC is acutely aware of the need to deliver in the near term.
Good to hear you are back in. The voting cut off for being a shareholder was October 30th. I can only assume you held a smaller position and added significantly since then however every vote counts.
I personally think the company has/is turning the corner. The pipeline is vastly changed over the past year which has lead us to where we are. They are positioned well now even with the AS being raised. GC sounded very confident in the conference today, take a listen if you haven't. China conference is next week.
It sounds like you bought it near the lows. I am sure you will do the wise thing and take profits on the way up. Hope you hold onto a decent position as I think ESS will be a big money maker in the years to come.
Those are your opinions...not exactly facts. Shareholders that want to speak with Gerald will do so at the SHM on Monday.
I don't believe for a second that Gerald is scared.
Minor detail...lol
This could turn quickly with a DX transaction. Conference in LA this week and China next week. Plenty of chances for news over the coming weeks.
Nicely done. Nothing wrong with taking some off the table.
Things sure have changed over the past few years that is for sure. I don't use social media much but do use Twitter for stock related stuff. But I agree that nothing beats an SEC filings. The other stuff is mainly entertainment in my opinion and only a way to gauge overall sediment.
Thanks for the kind words. I think things could turn around for AMBS over the next few weeks but it sure has been an ugly slide since July.
Good luck and will be awaiting(and appriciate) your expert opinion as the filings expected over the next 4 - 6 weeks.
yes it really is but obviously tweeting doesn't qualify as an SEC filing...not exactly sure what you are trying to say
The SEC has no issues with CEO's tweeting. It's just another avenue to publicly communicate.
The Chinese are interested in what AMBS owes, ESS. The question is with the DOD involvement with ESS will they what to let China buy the technology away from them....
I would focus on the story and less on GC.
GC has been tweeting as of late so tough to say he is still hiding.
I am afraid there is a complete lack of logic in you assertion. Diluting out the entire AS would put the company in real and possible scenario where a hostile takeover could occur. Management isn't that dumb!
Plus the simple fact that the OS count is still under 15 million so they would need to dilute ~20 million shares over the next 2.5 weeks. Volume would need to be ~1.5 million per day of straight dilution.
Yes everyone gets that the share price is a disaster but c'mon man lets be somewhat sensible.
That is a correct statement. The share will likely be issued over the months ahead. Which is much different than them already being issued and stating the OS count is nearly twice as high as it really is.
Registered does NOT = Issued
Reading filings is tough and many do not understand them....
Keep working at it...some day you will get there.
I know, just good to see the truth posted from time to time.
Highly unlikely to see a nearly 50% increase in the OS in one day. BTW that would take 8 million shares to happen. Lets see what the volume is at the end of the day .....
Currently only 10.4 million OS. Surprise, your number was wrong.