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ETRM: Post FDA Approval of the VBLOC® vagal blocking therapy, delivered via the Maestro® System for the treatment of Obesity. The Maestro System is the first new medical device to be approved by the FDA for obesity in over ten years.
12/23: Purchased speculative position @ 1.42 in anticipation of FDA decision based on FDA Review Panel votes, Analyst Recommendations, and targeted DD
12/31: Short Interest Outstanding- 6,843,496
01/14: EnteroMedics Announces FDA Approval of VBLOC® Vagal Blocking Therapy for the Treatment
01/14: 20,658,470 shares traded volume and 2,866,558 shares traded short volume
01/14: Sold 70% holdings @ 2.02 for +40% gain (opportunity cost: 3 weeks)
01/15: 5,512,037 shares traded volume and 716,077 shares traded short volume
01/16: Holding 30% initial speculative position
01/16: MV of shares @ 1.30
~Performing full DD and risk analysis for preparation for HTM
$4.5 million for ABSSSI and $3 million for Oral Mucositis...
That's one expensive diversion. I disagree with your "objective" argument. I sense confidence.
Never-mind, I'm an idiot. Aspire required to purchase at lesser of a)lowest share price on day of request or, b) average of 3 days' lowest share prices over 12 day period preceding purchase date.
Of course, option b is always lowest. And looking at the #s everything checks out. No way the company could have received a better price.
My apologies for not fully understanding the purchase agreement before posting.
FWIW So far this year (past 130 days or so?) the Daily VWAP using HLC is sitting just below $1.82
ICE
58 unfortunately I didn't establish a position below $1 like many of you. Considering that, I am always watching the share price; as well as volume, trends, and fundamental developments/progress.
When I have free time, I'm trying to form a more valid perspective about what I believe management is thinking and planning to do. Numbers don't lie, so I'm always scanning and re-scanning financial statements and reported data, painting a clearer picture of where the money comes from- and what it's being spent towards.
My belief was that management would intend to require purchases from Aspire at the highest possible price- limiting downside risk in the price of shares. The data showed purchases from the company at extreme lows in the trading range, and I wondered why?
I don't deny that there is potential in the products, but in the FINS I see options and warrants being exercised below $1, and Aspire required to purchase below the lows of the SP range- and it raises concern..
Question for the board out of curiosity:
From the recent 10Q-
"During the three months ended March 31, 2014, the Company had completed sales to Aspire totaling 900,000 shares of common stock generating gross proceeds of approximately $1.6 million"
Doing some math, $1.6 million/ 900,000 shares = $1.78
*This implies Aspire payed an average of 1.78/share between Jan 1 and March 3.
I used the historical prices from Jan 1 and March 3, to find the average lowest price of each trading day to be $1.82
How on earth, when the majority of days in the period it traded > 1.80 on higher volume, and Cellceutix gets to decide WHEN to require a purchase (aka @ what price)- did the company manage to sell shares to Aspire below the average of the lowest possible price in the range... wouldn't the objective be to lock Aspire in at as high a price as possible to prevent them from unloading below that price?
Also, from the recent 10Q-
"From April 1, 2014 to May 8, 2014, the Company has generated additional proceeds of approximately $1,402,000 under the Common Stock Purchase Agreement with Aspire on the sale 900,000 shares of its common stock."
$1,402,000/900,000 shares = $1.56 average price payed by Aspire.
Historical lowest trading price on each day over that period was $1.63...
Is the objective of management to require Aspire to purchase as many shares as possible- at the lowest price possible? Is this to gain eligibility for an uplist?
If not, wouldn't it make sense to require Aspire to purchase at as high of a price as possible to maintain the stock price? This explains a lot as to why everytime the price runs, shares are being unloaded immediately, and then purchased again at below the average lows of the entire period....
Wish I had that deal with mgmt, along with news as catalysts to boot...
Show me how I am mistaken here?
Gov- I hold shares. I'm still learning, still a student, have only been involved in the markets for 5 years, and ALWAYS remain skeptical. No gambit. If this message board or my post negatively impact the sp than we have bigger problems.
I wasn't aware Leo stated no RS. I'll have to look for that as that would alleviate my concern completely.
Feel free to have a Mod delete my previous comment, it doesnt bother me.
Thank you for reminding me of Leo's comment.
Best,
IC
It's always darkest before the dawn..
So shake him off.
A good way not to get your posts deleted is by refraining from the use of profanities like you did in this particular post, and by sticking to topics that involve the company. Also, posting objective as opposed to subjective opinions and information which are based upon facts and data, and don't appear tactical or strategic in objective- may help lend to your credibility and keep your posts active. JMO
A few websites list CTIX as having a negative Beta; which I'm not sure is truth or not, but if so would indicate that it trades opposite the market. A quick comparison of the charts of CTIX and the S&P does seem to show this correlation, meaning if the market is up- CTIX tends to trend down. (Just some food for thought.)
Not that it matters to most of you- I know a lot of investors here don't bother following daily data, and are in this until intrinsic value is realized.
Just thought I'd share some information for those looking to analyze the short term.
From FINRA- Daily % Short
March 26, 2014: CTIX 19,850 14.6% 135,911
March 25, 2014: CTIX 59,769 38.2% 156,632
March 24, 2014: CTIX 55,753 22% 254,203
March 21, 2014: CTIX 46,889 22.4% 209,662
March 20, 2014: CTIX 96,484 34.7% 278,372
March 19, 2014: CTIX 52,262 28.4% 183,785
March 18, 2014: CTIX 168,130 28.6% 588,857
March 17, 2014: CTIX 74,746 21% 361,816
Low % of daily share volume as I see it.
Freetranslation-
Recently, the 4K-Mediaplayer nanotech Nuvola range-NP1 was presented, a bit of a on the CES 2014 is applied and to the way it was when the various open questions were presented. Among other things, these on the provision of 4K-content related, in this respect, manufacturer supplied nanotech but appropriate responses.
German sales on media market
in the United States, the sale of the 4K-media player for around 300 US dollars, in Europe, the price in Euro move in at approximately the same level. For sales in Germany was a co-operation with Media Market according NanoTech, such negotiations are currently being conducted. Regardless of distribution via Dritthandler is nanotech has its own online shop with its 4K-media player offer, the delivery includes a worldwide.
Nuvola range NP-1 4K media player
continues to be proclaimed as has been started, is the planned UltraFlix UHD as ad-based solution, if you like, you can also charge against a hitherto unknown deactivation of the advertising. To match this to open negotiations with various right holders from Hollywood shortly before completion, so that even blockbuster on UltraFlix UHD might be available.
Its own streaming portal of nanotech
the contracts with Hollywood studios are planned for this reason among others possible, because nanotech in his ultra-HD-media player on a DRM-codec sets, are also H. 264, VP9 and H. 265 codec is commanded, the latter has so far only with Full-HD resolution support. According nanotech there is considerable interest by the 4K-TV-producer to the mediaplayer Nuvola range-NP1, since such a is necessary to 4K-content in connection with official presentations of 4K-TVS.
2014 Storage Visions Interview
http://www.tweaktown.com/news/34662/storage-visions-2014-booth-interview-with-nanotech/index.html
NP-1 at Storage Visions Interview
Look like no restricted shares were sold as of 1/3/14
Very good news.
That's just the same link you presented (2013)
except you changed the year to 2014 so it doesn't work, because it's not real.
You could have at least also changed the ref # in the link...
Starting tomorrow, anything < .15
I buy it
-:15 White Shirts initiate: getting a$$es kicked.
:30 Red Jacket rushes in and calms situation.
:36 Red Jacket leads party outside- grabs a 2x4 from the back of his truck and starts beat down.
:40 Red Jacket catches pro from behind for a cold knock-out.
:45-White Shirts finish: kicking and punching head of pro out-cold.
Moral of the story, look out for Red.
Just wanna make sure-
Let's all keep in mind how easy it is to post pics of real stuff in the real world... hmmmmmm.
Fear the SBS.
It's reassuring to see- sympatico.
SBS and SAS aside, thanks for your input!
Looking fwd to what this yrs conference brings.
Happy New Year all!
If paper gains don't count, than why doesn't the entire world just sell every single investment they own.
Aren't paper gains a function and purpose of investing?
i.e. make a purchase, allow to appreciate/depreciate, sell for gain/loss.
The number of investors who chose to sell shares for a realized gain/loss depends on short, mid, and long-term perceptions of earnings.
I believe most investors have high hopes for the new 4K products and services that the company just began providing- which could result in increased earnings on future (audited) Filings.
Paper gains mean everything, really. They measure the increase in market value of an investment since purchase.
I like the story with this one.
Shrinking OS, Insiders buying, projected revs due to increase from new product sales, forefront of new technology, establishing diversified revenue streams in a high growth market..worldwide.
The only thing keeping me from going in full throttle is recent trend, and current mk cap.
I will be posting a broad analysis of Nanotech Ent. from an Accounting/Finance/Strategic Mgmt point-of-view tonight for anyone interested.
Things heating up here..
Big players waiting on sidelines.. who moves first?
Upgradeable
The Nuvola NP-1 supports current 4K UltraHD video using the H.264 compression, and will be automatically updated with the latest H.265 (HEVC) codecs as they become available.
https://www.nuvola4k.com
Your bias is overwhelmingly obvious- but nonetheless necessary to balance the other side of the coin.
Instead of subjective microscale data- has anyone posted a concise, balanced analysis of the company's current position? Macroscale? Like... okay great- awesome technology, but that doesn't mean anything unless it's applied in a business perspective. Think: Selling price, Quantity sold/qtr, related expenses, ect. Otherwise the 1000s of excited posts are completely meaningless to the stock.
Something like... since xx/xxxx company has been transfering it's liabilities into equity, and equity into assets, ect ect. Obviously a lot of rearranging going on.
Haven't had time to fully review all aspects, market trend tells me I have some time yet.
520M O/S x .12 = 62M valuation. Last Qtr Revs still reported around 3M with matching expenses (cogs, sales and admin) netting profit to < 1M.
Current 62M seems somewhat inflated, unless a major, MAJOR deal is announced, or VERY impressive sales revs are generated.
Just my 2 cents- I'd like to see some of you who aren't "stock promoters" offer more realistic points of view. (If there are any who post on the board.)
News has the potential to spur buying and move the price, but I'm looking forward to Nano's future Financial Statements more than anything.
Sales revenue cannot be reported until the product/service is delivered to the customer. Any product which they are able to deliver before December 31 will appear as added Revenue on the 2nd Quarterly Report due in February.
As Foxconn increases production after Dec 31, and new/old orders are fulfilled- Nano can begin roll-out of a full scale advertising campaign with the mantra "ready to ship."
3rd Quarter FINS due early May 14' (4-5 months out) could very well reflect a huge increase in sales revenues for the company.
As new technologies hit the market, they will be able to establish their strategic placement within the industry- and begin establishing their brand value and association.
As an investor of start-ups, one may want to keep these things in mind when planning an entry. Due-Diligence from reliable sources, independent verification, industry analysis, a well thought-out plan, and patience are all necessary.
I'm Looking forward to watching this company as it navigates it's way through the development stage. They are operating in an exciting arena.
Thankfully- we are entering a new era of openness, disclosure, adherence to rules, fair-play, and the like..
Sarbanes Oxley was a great start, with more to come.
In the case one missed it the first time around-
Section 17(b) of the Securities Act of 1933
It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.
“Even a purely moral act that has no hope of any immediate and visible political effect can gradually and indirectly, over time, gain in political significance.”
? Václav Havel
http://www.rbj.net/article.asp?aid=190885
You are wise- almost as if by.. magic
In a recent vote- New York state residents okay'd casino gambling. With a population of 19.5 million, I'm glad Nanotech has an East Coast office and has its hand in the gambling industry. All of these new casinos are going to need top-of-the-line games. I hope our new employee can help serve that need Hold those shares.
You must have misunderstood the context brother.
I'm long and was pointing out that there is a whole lot' of shares short above .15 that need to cover.
I only added that I'm by nature against seeing others suffer, so I hope they can get in without too much of a loss. Just being nice as I see aggression as a weakness.
GL.
I see that as well- and I'm digging it.
Good guys to the rescue.
Shorts over the last 2 weeks MIGHT break even... hope they do for their sake, I don't like seeing anyone lose $.
Agree with your assessment-
Also, there has been a whooooooole lot' of shares sold short since October 22/23 at and above .15 who desperately need cover.
Let's hold strong and continue to put the pressure on.
Very nice Mr. Foley-
Keep up the good work, I love what you and your team are doing.
The technology is absolutely amazing and speaks for itself.
-ICE
{{{LONG}}}I have been doing more {{{{DUE DILIGENCE}}}} and 4k looks like the next big tech wave.
Let's remain rational, think about the motive- yours and others- then act accordingly.
I'm loving all the 4K info I've come across, and Nanotech Ent. appears to have a great partner in the game. Looking forward to EOY and 2014.
Agree! Cheers to that individual... Good man.
touche, good man.
I'm still not sure if this makes any difference- but since I see no negative impact from the act- I do it anyway.
I recommend anyone holding shares to place a Limit Sell at a price way out of trading range. I heard a long time ago that it disallows brokerages from loaning your shares to short sellers.
Place a sell order at 4-5X current market price per share and let it sit. Maybe it works, maybe it doesn't- either way, I like to see it as drawing a line in the sand.
Something to think about.
That's because those companies have more investors who haven't purchased their shares through a brokerage.
#FEAR TACTIC #FAIL
What is the difference between a shareholder of record and a beneficial owner of shares held in street name?
Shareholder of Record. If your shares are registered directly in your name with the Company’s transfer agent, Computershare Investor Services, LLC (“Computershare”), you are considered the shareholder of record with respect to those shares, and the Notice was sent directly to you by the Company. If you request printed copies of the proxy materials by mail, you will receive a proxy card.
Beneficial Owner of Shares Held in Street Name. If your shares are held in an account at a brokerage firm, bank, broker-dealer, or other similar organization, then you are the beneficial owner of shares held in “street name,” and the Notice was forwarded to you by that organization. The organization holding your account is considered the shareholder of record for purposes of voting at the Annual Meeting. As a beneficial owner, you have the right to direct that organization on how to vote the shares held in your account. If you request printed copies of the proxy materials by mail, you will receive a vote instruction form.
http://www.wikinvest.com/stock/Apple_(AAPL)/What_Difference_Between_Shareholder_Record_Beneficial_Owner_Shares