Ha!

That's when Blue announced acceptance of it.

Best hope now beyond $600mm in a 12 month period is a hostile take-over before the close of the deal. I don't see that happening. Completely missing from Fridays news: ANY attempt to raise equity through share offering. Really - why do a RS and NOT make a statement about failure to find placement??

WTH is that?? Fiduciary nothing, IMO, save from going to $0.0001. Hard to believe that would happen. I think it's clear that the board can't wait to wash their hands entirely clean of Blue. 3 approved therapies is worth WAY more than $3/share, and the entire concept of this "contingent value right" is indeed an insult, passing off the fiduciary to PE that has zero accountability to the recipients. That's not even considering the insult to shareholders with losses that will be worth nothing at time of payment (if any premium payment is to be had at all).

9,722,217 outstanding. Current MC at time of posting: ~$37mm.

If I didn't believe, I would've taken some trades today. That being said, it's going to be quite some time (if ever) that I break even. I absolutely believe in the tech on all 3 therapies.

Whole lot of $ poured in well above the immediate After Hours price tank.

I think a lot of those dollars were betting against a 1:20, believing a 1:15 was possible. I hold that management dangled that with no intention of anything other than 1:20, and has absolutely F'ed up. But maybe not. We shall see....

I will admit that I'm somewhat positioned for a dead cat bounce. Today may have been that opportunity tho.

You posting that is the only reason to think so. The post you made 38 seconds later stating "That would be pretty big buyout" is also curious.

It's been a long day, and I always struggle a bit when people don't present clear and concise messages.

But at least you're laughing at something.

What does B.o.D. mean?

https://ih.advfn.com/stock-market/NASDAQ/bluebird-bio-BLUE/stock-news/94916286/form-defa14a-additional-definitive-proxy-solicit

Would Bluebird's board let it go OTC if there was nothing else viable, or drain whatever they may for personal enrichment? Does Hercules demand Nasdaq listing? Is Nasdaq listing in the compliance aspect of the agreement?

IF Bluebird were delisted, it wouldn't be the worst thing in the world, as long as management could deal.

What's that saying? Pink sheets demand toughness....or something like that. Not revoking my vote FOR proposal 4, but I do dislike the simple reference of "Proposal 4" without delineating the 1:15 to 1:20 RS. Leaves room for BS.

[Based on the votes cast prior to the adjournment and the approval of Proposal 7, the Company elected to adjourn the Annual Meeting with respect to the proposal to approve amendments to the Certificate of Incorporation to effect a reverse stock split of the Company’s common stock at a ratio ranging from any whole number between 1-for-15 and 1-for-20, as determined by the Board in its discretion (“Proposal 4”), in order to permit the Company to allow for the solicitation of additional proxies to approve Proposal 4. The Annual Meeting will reconvene on Wednesday, December 4, 2024 at 8:30 a.m., Eastern Time, at the Company’s offices at 455 Grand Union Boulevard, Somerville, MA 02145.]

https://ih.advfn.com/stock-market/NASDAQ/bluebird-bio-BLUE/stock-news/94854006/form-8-k-current-report

[Proposal 3 was not approved by the requisite vote of the Company's stockholders. The voting results were as follows:

Votes For Votes Against Abstentions Broker Non-Votes
45,628,050 28,241,869 1,082,543 53,804,436]

I hear ya, but here's the deal: when BLUE trades, it trades. The real sharks bank on wash sale resolution through the power of Biotechnology volatility. A RS appears bad - but the stability it will bring, including stopping out wash sale resolutions, will bring the true value out, IMO.

Never invest what you can't afford to lose. There's a valid reason this isn't dropping farther. To that end, any prospective talent won't be scared away from employment by the possibility of seasoned BLUE employees facing culpability for whatever criminal actions they've engaged in, if any. Personally, I don't think BLUE management is guilty of anything beyond hubris and true belief in their technology. To that end, I share the belief.

Is KOAN still on the Apollo train?

10.25.2024: DefA14A, urging stake holders to voted FOR Proposals 4 and 5, the RS and Incentive plan. I voted NO on Proposal 3, which adopts EXCULPATION to attract talent, but also holds this sentence: [Certain of our officers would stand to benefit if Proposal 3 is adopted, as it could reduce their potential monetary liability for certain breaches of fiduciary duties.]

It is time for BLUEBIRD management to have actual ownership. This ship burns or sails, it's a big swing.

That all being said, projection of break-even for mid-2025 is dependent upon 40 drug sales per quarter, but is not detailed to be for the first quarter or first two quarters of the year - I would like to think that it is limited to 40 sales in the first quarter, which would still be terribly impressive.

Go Bluebird. The value is here, IMO.

First Lyfgenia patient completed

https://www.beckershospitalreview.com/patient-safety-outcomes/1st-sickle-cell-gene-therapy-patient-completes-treatment.html

There is a pretty simple math equation here - would an otherwise incurable patient rather live with their debilitating illness (for a short time before death or with periods of excruciating pain), or accept a less than or about 10% chance of developing a cancer that can be cured?

Bluebird has no patent or I.P. issues. That's Crisper and Vertex, not Lyfgenia. Again, not Bluebird. Those that have been paying attention and following this company are well aware of the cash issues and impending R/S. This is nothing but fear-mongering.

The wall is simply a free registration that anyone can do - for free!

Details are important. One might even say RELEVANT. The following paragraph, from the article in the post this comment is responding to, details that 5 of those 7 are fine, 1 of the seven is awaiting the treatment that those 5 received, and the 7th died from complications that had absolutely NOTHING to do with a developed blood cancer.

[Of the patients who developed hematologic cancers, five with MDS underwent allogeneic HSCT, and four remain free of MDS without recurrence of symptoms of CALD, and one died from presumed graft-versus-host disease 20 months after transplant and 49 months after receiving eli-cel. The patient with the most recent case of MDS is awaiting HSCT.

The patient with AML is alive and had full donor chimerism after HSCT.]

Nah, yer all good. Pretty sure they were talking about KOAN - I was hawking the share structure over there for a long time, as they launched a Cannabis line and failed. From the way they did it, it was primed for a small float blow-out if successful.

To some degree, but I think you've crossed a stream here from another board we're both on?

No. I said what I said, which was an observation about a MM "rest" position as it appeared on my screen. Tonight it says 0.008.

[Nasdaq: BLUE) today announced that it has completed the filing of its Form 10-Q for the quarter ended June 30, 2024 (the “Q2 2024 Form 10-Q”) with the Securities and Exchange Commission (“SEC”)]

https://ih.advfn.com/stock-market/NASDAQ/bluebird-bio-BLUE/stock-news/94627288/bluebird-bio-announces-completion-of-its-q2-2024-f

Sure is quiet. I wonder what's next for these scam artists?

2B authorized, < ~ 100m OS, ~50% of OS restricted, and the top ask when trading is over sometimes rested at $26.

You are absolutely NOT wrong.

Again - F'ed by the FDA; AND, IF the black box warning truly holds merit, the clinical hold should never have been lifted.

And AGAIN, the SEC should be on this. IF they aren't.

I've said it before - as recently as October of 2023, the Bluebird website had "multiple undisclosed" featured on their pipeline page.

October 1 2023, 11:56:07

https://web.archive.org/web/20231001115607/https://www.bluebirdbio.com/our-science/pipeline

why?

If the concept of DEIB is not in accordance with business objectives of BLUE, then the entirety of the companies goals are irrelevant and meaningless.

I was starting to believe the 10Q and 10K weren't going to happen. But they did. Patiently waiting on the 10Q for 2024 Q2.

https://investor.bluebirdbio.com/sec-filings/sec-filing/10-k/0001293971-24-000037
https://investor.bluebirdbio.com/sec-filings/sec-filing/10-q/0001293971-24-000040

I still say BLUE was shot in the face by the FDA w the BB warning, AND that the SEC should investigate. Based on the trades over the last few weeks, I'm still bullish - but defeated enough that I cannot in good faith post that green bull.

Be easy, Bluebirds.

I figure FMV as of Sept 1st, just with cash on hand, is ~$0.75. This does not account for cash flows from Qtr 2 '24 Lyfgenia, nor from Q 3 and 4 sales of all three. Skysona, for CALD, is the biggest of the three approved therapies, IMO. Lyfgenia (Sickle Cell) is great, but when you get to stopping and/or repairing mitochondria damage, that's just amazing. The therapy market for Skysona may only be in the tens, but the future markets are much, much larger.

Huge sell-off today - 3.6m buys vs 7.1 m sells - and it closes down less than 2%.

Finally, we have Hercules backing BLUE. That's pretty huge.

Ain't no stopping this train.

Buys clearing sales at 2:1 on close today. Have a relaxing weekend!

I have arguments.

Seemed like a good day to buy the dip.

That's a nice average - beats mine by a lot!! I hope you're into the long-term.

Seriously? What does this have to do with the actual company?

We've already covered my query of your bearish to bullish flip a few months back; given the content of these posts and the time frame ($20, $18, $10, $100!), you are stead-fast super-bullish, contrary to your post and response from....February?, questioning experience and why bullish. Not to be rude, just wondering where your aces are. All I've got is 4 chips, a chair, and a belief in two things: Coincidence and Einmal ist Keinmal (Once is insignificant). I have other things, too - like substantial recognized losses, as well as substantial unrealized losses here and elsewhere. I have a bit more in our pocket that may be worth all the rest - I have a feeling that Skysona and the associated data set may hold incredible value for addressing both Alzheimers and Substance Abuse/Addiction.

I'm looking for more content like a blind man who can feel the sun. You're the only moderator. Posts should be relevant to the substance of the company - not potshots.

I'm sorry you're frustrated, it is understandable. What is NOT understandable is why the FDA would approve lovo-cel/Lyfgenia with a Black Box warning. As I have already said, if the BB warning holds merit, the hold should never have been lifted in the first place. To be clear, THAT is where I think you should focus your frustrations - the hit job by the FDA. Any lawyers worth their salt aren't involved in this class action. IMHO.

The SEC should absolutely be investigating Dec 8 2023 stock action on CRSP and BLUE with special deference to the FDA.

"bluebird has the largest and deepest ex-vivo gene therapy data set in the field".

This class action is dark times - but it's misplaced, and it will fail, with one of the defensible factors being the removal of "multiple undisclosed" from the pipeline page. That's not a pocket-ace for the sharks, if ya follow. I feel for those that lost, and I am down also - but this is solely on the FDA, and nobody's gonna sue them, sadly. All these sharks...trying to hold Bluebird accountable for ...forward-planning and a lack of caution by analysts?? Geez...the type-set was clear.

Pretty good buy action today, IMO. I've got a little left in the tank, and I see no reason to assume 30%+ share equity increase, but baking-in the value of 2500 therapy instances on 200m is a lot to wrap. Back to top, future...................unknown.

Irrefutable...changed my mind, had to increase the position.

You should post more. I have faith in Gina Wang's rating, and I also believe whether or not the first patient receiving Lyfgenia needs to have a second cell collection is going to be influential in significant ways.

Hmm. Coulda sworn I heard the bell. 17:34, 05.07.2024.

There are *THREE* approved curative therapies. Adrenoleukodystrophy, Beta Thalassemia, and Sickle Cell.

IMO, this should be at least $5. But there's that word: Future. Unknown.

Money is nice. Being able to live, and live pain free - that's much nicer.

bluebird bio Announces Completion of First Cell Collection for LYFGENIA™ Gene Therapy
Published: May 06, 2024

https://www.biospace.com/article/releases/bluebird-bio-announces-completion-of-first-cell-collection-for-lyfgenia-gene-therapy/