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Situational approach to investing.
When the situation changes and the new analysis of recent events indicate new realistic outcomes that will move the share price higher then it's time to buy a few shares.
Everyone here knows that this could easily go substantially higher on news of a partnership or joint venture.
10% downside versus 500% upside on the news.
p.s. I think the followup SeekingAlpha article regarding valuation will mirror my sentiments.
http://seekingalpha.com/article/1173171-scientific-literature-suggests-amarantus-manf-has-big-potential?source=yahoo
Most individuals will miss buying at the bottom. Some individuals will come close but then will regret not having bought more shares.
There's a number of realistic scenarios that could take this to the .40-.50 range overnight.
Risk/reward indicates that the current share price represents a reasonable entry point.
10% downside versus 500% upside.
Place your bet. Or not.
All IMHO.
It isn't going to happen.
This is at or near the bottom here.
The shorts/trader may try a bear raid at any time but I think it would be a flash drop and immediate recovery. There's a lot of individuals that sold above .12 that are waiting for that type of opportunity to reload.
If anyone wants to sell shares at .04 I'll buy 5,000,000 right now. Sell at .04 and cover at .03 and someone pockets a $50,000 profit.
"It ain't over til it's over."
If the company doesn't issue a p.r. on Monday or Tuesday to update the shareholders on the recent progress being made at Tarantula then I'll be convinced that the "management" team is out of touch with reality or incompetent. Take your pick.
I expect that Gerald will update the shareholders this week through his C.E.O. blog.
I bought shares yesterday and will add more on any dip lower.
The current share price is down about 65% from its recent high.
Risk/reward dictates adding/buying shares here.
A joint venture or partnership for the MANF technology could provide the company with a cash payment that would allow the development of Amarantus Diagnostics as a separate "internal" entity. It would also avoid additional dilution.
All IMHO.
Thanks.
Now you'll have to put it with my positive spin on everything.
Have a great weekend!!!
GLTY
This recent "sell-off" really sucks for the major shareholders.
Paper profits disappeared in a hurry. :(
p.s. I wonder if any of them e-mailed M.S. a thank you note. Probably not.
Let's hope it's the weak hands and not the intelligent ones.
Situational approach to investing.
When the situation changes and the new analysis of recent events indicate new realistic outcomes that will move the share price higher then it's time to buy a few shares.
Everyone here knows that this could easily go substantially higher on news of a partnership or joint venture.
10% downside versus 500% upside on the news.
p.s. I think the followup SeekingAlpha article regarding valuation will mirror my sentiments.
http://seekingalpha.com/article/1173171-scientific-literature-suggests-amarantus-manf-has-big-potential?source=yahoo
When the company announced that it was establishing Amarantus Diagnostics as a separate entity and has been moving to clean up its balance sheet and settle the outstanding legal disputes I decided that there is good chance that a joint venture or partnership is in the works which may allow the company to avoid any substantial dilution.
It seemed to me that .081 was a good entry price considering the recent high of .195.
There's a number of catalysts that could easily move this to the .25-.30 range overnight. Risk/reward indicated it was a buy now. If I'm wrong and it goes lower I'll add additional shares.
p.s. I'm also hoping that Oprah will join the company's board of directors in the near future.
I think it will be two joint ventures or partnerships. One for the development of the MANF technology and one for the development of the diagnostic tests.
I decided that with the share price down about 65% from it's recent high that it was time to buy a few shares so I did.
I am now on the Amarantus Bioscience "bus". Should be interesting weeks ahead.
p.s. The key is whether or not management can make a deal with an up front cash payment which will allow the company to avoid dilutive financing. Time will reveal all.
Establishing Amarantus Diagnostics as a subsidiary makes perfect sense if Gerald is able to find a "big pharma" partner to fund the development of the MANF technology.
It's more likely that there will be two partners. One would pursue developing the MANF technology and the other one would pursue developing the diagnostic tests.
With the company having two different corporate entities it would be much easier to separate the costs related to each project.
It does make perfect sense.
Wouldn't that require some "common sense" and concern for the shareholders?
Just saying.
I don't think you can call BONZ a SCAM. Enron was a SCAM. American Airlines was a failed business.
There is a lot of effort going into making BONZ a profitable business so I can't refer to it as a SCAM.
It is possible that the company may fail because it can't operate profitably but that doesn't make it a SCAM.
All IMHO.
Yesterday's filing related only to "gold production" that covered only about two weeks of the wash plant being operational. The period was from December 8 to December 31 with many of those days having no production due to the holidays and also the plant being fine tuned.
Several shareholders visited the mine in January and have posted positive comments about what they saw and were told.
The question now is what is the reality at the site and is gold being produced or not.
It still amazes me that the company has not issued any press releases detailing the current status of gold production.
As I've posted before, penny stocks depend on news to maintain interest in them by the market and current and potential shareholders.
The company's management has failed miserably in doing so.
p.s. If you're thinking of buying shares don't buy at the ask. Put a limit buy order in at your price and let the seller(s) come to you.
Average down and pray for good news.
That's one approach.
If you want to place a bet enter a limit buy order below a penny and it may fill today if the selling continues.
GLTA
What happened to the $2.00/share offer from Pfizer? I thought Gerald was meeting with them in New York? :)
Or was it Abbott Labs?
Some other company on this list?
http://en.wikipedia.org/wiki/List_of_pharmaceutical_companies
Has anyone spoken with Gerald in regards to how the current shareholders will be compensated for or participate in the ownership of Amarantus Diagnostics?
Edited post with the following addition:
Just answered my own question.
Working on a few scenarios which makes this more attractive at the current price.
Only 7,000,000 shares left to sell. Buy a few before they are all gone and the share price starts moving higher.
Bargain basement prices here.
p.s. I'm not selling or buying here. Catching a falling knife can be dangerous.
Major shareholder with millions of shares is dumping shares today. No faith in management based on the 10Q.
Could see .01 or lower tomorrow but who knows.
p.s. Buy a few shares here if you believe in the management.
What time is today's dump?
Not if but when. :(
They processed 700 tons of material before they knew it wasn't working?
The "Three Stooges" of mining.
It appears that there were others on the board that had a better handle on this than I did.
Live and learn. :(
p.s. I was considering placing a buy order at a penny but I think I'll wait a few days.
This sucks.
The company should have released periodic updates.
No news for four more months?
I may buy a few shares at .01 if it gets there.
I never shorts stocks.
I don't think it should be allowed with one exception. Anyone who owns stock in a company should be allowed to short at any time the same number of shares that they own.
This will be below .06 very soon.
Fake bid to dump shares at a higher price.
The game continues.
Dominion will start dumping soon.
Until the company obtains long term financing and the terms are known this isn't going higher.
Range trade it for a few dollars profit but wait for the dilution announcement to place a bet for the long term.
I'm sure those individuals that have lost almost 65% of their investment are on your side.
There's an old adage in the restaurant business that says "sell the sizzle and not the steak".
In the last two months the company has been putting on a strong p.r. campaign to "sell the sizzle" related to the "potential" that the MANF technology may offer long term.
Yesterday's SeekingAlpha article addressed the "sizzle". Supposebly the next article will address the "steak" or financial situation that exists.
Let's consider the facts related to the company. The last filing showed that the company had less than $600 in cash on hand. Last week the company announced additional loans from Dominion Capital a portion of which allowed for immediate conversion into 25,000,000 shares of common stock at a conversion price of .015/share. It's anticipated that the company will announce a loss in excess of $4,000,000 for 2012 with only three employees.
In November the company increased the number of authorized shares to 1,000,000,000. It's doubtful that the company can continue to operate on the basis of continuing to issue convertible notes with terms similar to the one I referenced. The next logical step is a secondary offering of 100,000,000 shares at .06/share with attached warrants convertible at .10 with a one year expiration date. This would allow the company to raise $16,000,000 with 200,000,000 shares being sold.
Note to Gerald: I think this is the best type of deal available to the company.
Based on the e-mail that I received I would expect a "strong sell" on AMBS.
Believing in the potential of the technology doesn't equate to believing in the capability of AMBS to develop it into marketable products that will take years and possibly more than a billion dollars.
Selling 25,000,000 blocks of shares at .015/share doesn't speak well for Gerald's financial competence.
Until the company is able to raise at least $10,000,000 in a secondary offering and the terms of the offering are known this should be owned only as a day trade.
All IMHO.
p.s. I'm thinking a bottom in the .03 range.
He responded to my e-mail.
He didn't sound too encouraging in regards to the company's valuation.
IMHO
.195 down to .08.
I think you have the chart upside down.
Selling blocks of 25,000,000 shares at .015/share won't help the shareholders.
1,000,000,000 is a lot of shares to dump.
The trend is your friend. The trend is down.
The sun is shining and another day closer to .10.
80 degrees at Tarantula by Friday. Great weather for harvesting gold.
Good luck to all the "BONZ" faithful both old and new.
There's nothing new in the article. Most of the studies (all involved rats) were conducted years ago.
I noticed that the author failed to mention last week's news that Dominion Capital can convert a portion of their recent loan to 25,000,0000 at a conversion price of .015 immediately.
He also failed to mention the expectation that the company will report $4,000,000 in losses for 2012 with only three employees.
Another "puff piece" that ignores the fact that the company is in the land of penny stocks. Like it or not.
p.s. $1,000,000,000 and ten years away from a potential drug based on the MANF technology.
http://www.pdpipeline.org/2011/Eithics/navagating/regulatory.htm
Selling 25,000,000 shares for .015/share is considered progress?
I guess if they sell 100,000,000 shares at .01/share that will be tremendous progress. It may happen.
1,000,000,000 shares is a lot of shares. :(
Are you referring to the "run down" from .08 to .01?
It's happened before. :(
Place a limit buy order at .02 and it will probably fill.
p.s. Gerald sells 25,000,000 shares for .015/share. I'd expect a run-down also.
Note: Is it true that Santa Claus, the Easter Bunny, and the Tooth Fairy came up with the sales projections for the diagnostic tests that are years from possibly being approved?
Nice move on "KERX" as expected. :)
If anyone is interested you may want to check out "BONZ" and perform a little due diligence.
It's a fraction of that cost in China. :)
What time will today's dump occur?
Another red close ahead. :(
p.s. Dominion will soon have 25,000,000 shares at .015 to dump.
GLTA
Looks as though it's headed back towards $2.25.
No news until August time frame.
The market doesn't like quiet periods.
GLTA