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It was either J.C. Penney or the guy who founded Caterpillar who did the same thing - tithed 90% of his income every year.
“Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. 20 But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. 21 For where your treasure is, there your heart will be also." (Matthew 6)
Storing your treasure in heaven - That's the ONLY way to take it with you!
Thanks for sharing about Feeney. I'll look him up.
I don't have level 2. So I don't know about that, but the regular screen showed those huge numbers. I will write to them and ask why they showed up like that. At one point, it showed 506,000 on the bid. Should have known that was wrong. It kind of misled me into thinking there was huge interest in the stock today. Thanks.
Interesting. TD Ameritrade shows a bid of 10K and ask of 88.8K. That's weird.
88,800 shares on the offer right now. Looks like someone wants to take some profits.
I'm really happy for you! You guys played it well. Went in big and were content to wait. It's the waiting that got me. I was in early, made some money and then left and returned. Didn't have the confidence to go in big, but I'm still thankful for what I did make.
So you are thinking of hanging on even long term. Interesting. I'll have to consider that I guess.
Thanks.
I know this has been discussed before, but why do you guys/gals think that they purposefully waited until Q1 of this year to close the final deal?
It's almost as if they want to hide the financial information as long as they can and that doesn't make sense to me.
Do you think they have been buying up the float during these three months? But there have not been a whole lot of large buys.
You would think they would want the value of the company to become known and the stock to increase in value as soon as possible. I've got a small long position - small compared to most of you anyways, but this one point doesn't sit well with me. I find that hard to understand.
Anyway, so far I'm happy with the stock performance so I'm not complaining, just wondering out loud.
Monster move today! We're only just beginning!
Wow! That was an ugly day! Probably because I added to my position today. Oh well, long term will be fine.
Moving towards the removal of the FDA hold and the IND for CG 806!
tick tock tick tock!
It's coming! Just need a little more patience and this will really take off.
According to the CEO who presented at Noblecon last month, the company will have an IND this quarter and hopefully get into the clinic next quarter with data readout scheduled for the end of the year. This will be in the lucrative Car-T area. If that data is good, this thing will literally skyrocket. That is where the value is.
So the upcoming IND, the start of clinical trials, and then the data readout later in the year are more catalysts that should really propel this company!
Long and holding
Hmmm. I wonder why the sudden drop. I lost a lot of money on this stock but fortunately sold most - at a loss - before the merger went through. Just have one position left. I think it has to go back to $4 to break even. I guess I'll hold for a while and see what happens.
8 days to the PDUFA. What are our chances?
This is excellent news! I'm guessing the IPO for Cellularity is not set yet. She talks as if it might happen in the summer. Is there some indication of exactly when they want to do the IPO?
Still way underwater here. This one was a big mistake! Holding from pre-split and down big! But I'm in it now, so might as well wait to see if it recovers.
Yea, that's the thing. It seems to be successful in other countries so it's hard to figure out. Oh well. I lightened up just in case.
Wow! We have an attitude, don't we?
Somehow, I have trouble believing what you just claimed, but good luck to you!
If Allergan exercises their option, what will that do for the share price? It caps our profit and means our future profit is limited to a royalty, right?
More times than not, that is the case. Oh well, hopefully it will pick up soon.
Any volume to it? Hopefully it continues tomorrow!
OK, thanks.
By the way - OT post
I saw this article on Fox News today and wondered if anyone knows anything about this trial, who the company is, or about the drug itself.
Title of the article: Cancer jab that eliminates tumours even after they’ve spread will start human trials
OK, so that got my attention. It mentions Stanford University, but no particular company. Sounds good, but almost too good to be true.
Here are a few sentences from the article:
“The drug combination works by switching on immune cells inside the tumours which have been deactivated by the cancer, then boosting them so they can go to work killing the disease.
And once the immune cells have been reactivated, they recognise other cancer cells elsewhere in the body and set about clearing them out.
Scientists said the therapy worked ‘startlingly well’ in mice. Nine out of 10 animals were cured of cancer after just one jab, and the rest after a second injection.
“When we use these two agents together, we see the elimination of tumors all over the body,” said Dr Ronald Levy, Professor of Oncology at Stanford University School of Medicine.”
Sounds pretty impressive. So does anyone have any idea what in the world this article is referring to?
Thanks in advance. Sounds interesting to me.
http://www.telegraph.co.uk/science/2018/01/31/cancer-jab-eliminates-tumours-body-even-spread-start-human-trials/
ps if off topic posts like this are against the rules, please delete the post.
We're down to 15 days and counting. Just two weeks to go!
The down market doesn't help things right now, but still, hoping for some appreciation between now and then.
This is biotech. Always big swings on news because many people sell the news. It will probably still go back up. i'm still holding, for better or for worse. What we should be doing is buying here at these levels.
When do we reverse course here and resume the upward trend?
Denner owns over 2 million shares? Now that's a big bet on the company!
If he can bet that much, maybe I can bet the few shares that I have?
Still thinking it looks pretty good for approval, but if not, I will take a serious hit. Sell some or hold all through PDUFA?
tic toc tic toc....
Fortunately I sold most of mine the other day - albeit for a loss - but I still have a few. Couldn't trade on them today. Might as well just hold here a little and see what happens.
So I'm confused. What is the value of today's stock compared to yesterday. Was it a 4 to 1 reverse split?
So is this trading today?
pre-market bid/ask is not impressive. Hope we don't get a lot of profit takers here.
Why? They have all 3 licenses!
Make your case, dude. Just sayin' it is so doesn't make it so.
Had been buying on the way up so was underwater for a while, but with today's move, average is now in the green. Was slow to get on the bandwagon and then bought too high.
Me too! And then over $5 afterwards!
Nice to wake up to this pleasant surprise! Hopefully it will keep going.
Agree. It should reverse here pretty soon and take us over $3 before the PDUFA.
Right. IF APPROVED! I too think it will be approved, but I am not the FDA and even though the odds look good, I'm not sure I have the courage to stay 100% in. Been burned in the past.
I have big shares (for me) as well. Plus, my average right now is a tad underwater so I was a bit behind you Kei in purchasing. I hear, Aprilov, that you too are underwater here too. Good luck! Hope this works out well for you!!
Kei, what percentage will you hold through the PDUFA? Tempted to let it all ride, but I probably shouldn't take that risk. I haven't decided yet how to play it. Just 3 weeks to go!
I'm hoping for a little more action than we got with SG*P!
Well, decided to roll the dice with a couple hundred shares and options. Might regret it. Hoping for positive results though.
Merger news coming soon!
Of course he is hoping to make a profit, but if that doesn't seem possible, I'm sure he will be happy to get what he can and cut his losses. But I'm sure he sees potential for profit from the current price!
We'll see. I don't mind buying at current levels either.
Yup. Glad you were mistaken. Was going to add a little today, but decided against it before going to bed. Woke up and now see that was a mistake!