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The 2 day "old" news is what started the pop. Your news was like 3:30pm 2/21.
Anyways, this stock will be $9+ later this year because there was an overreaction to a failed phase 3. They have plenty going on to make the stock jump and huge pipeline.
I'm in @ $3.90. Friday was a good day to flip and re-buy but I missed it.
This is the reason for pop:
AC Immune Announces Anti-Tau Monoclonal Antibody Entering Second Phase 2 Trial in Moderate Alzheimer's Disease
20.February 2019 13:39 CET
English
Study complements ongoing trial in the prodromal to mild population
Lausanne, Switzerland, February 20, 2019 - AC Immune SA (NASDAQ: ACIU), a Swiss-based, clinical-stage biopharmaceutical company with a broad pipeline focused on neurodegenerative diseases, today announced that Genentech, a member of the Roche Group, is recruiting patients for a second Phase 2 trial for an anti-Tau monoclonal antibody, known as MTAU9937A, RO7105705, in moderate Alzheimer's disease (AD). The same antibody, RG6100 (MTAU9937A, RO7105705), also is being studied by Genentech in a separate Phase 2 trial to evaluate its efficacy and safety in patients with prodromal-to-mild Alzheimer's disease. This anti-Tau monoclonal antibody was discovered and humanized as part of AC Immune's collaboration with Genentech.
Prof. Andrea Pfeifer, CEO of AC Immune SA, commented: "We are highly encouraged that Genentech is broadening its clinical evaluation of our anti-Tau antibody. Interest in targeting Tau was also recently demonstrated by our newest partnership with Eli Lilly, announced in early January, to develop our small molecule Tau MorphomerTM to treat Alzheimer's. These projects illustrate AC Immune's scientific leadership in the field and are an important part of our broad portfolio of three product candidates in Phase 2 clinical testing, complementary diagnostics in clinical development, a robust early-stage pipeline and an increasingly visible focus on early projects targeting neuro-orphan and neuro-inflammation indications."
The trial, posted here, is a Phase 2, multicenter, randomized, double-blind, placebo-controlled, parallel-group study designed to evaluate the clinical efficacy, safety, pharmacokinetics, and pharmacodynamics of MTAU9937A, RO7105705 in an estimated 260 patients with moderate AD dementia. The study consists of a screening period, a double-blind treatment period, an optional open-label extension (OLE) period, and a safety follow-up period. The primary endpoints are change from baseline to Week 49 in cognitive function as measured by the Alzheimer's Disease Assessment Scale, Cognitive Subscale, 11-item version (ADAS-Cog11) and change from baseline to Week 49 in functional capacities as measured by the Alzheimer's Disease Cooperative Study-Daily Living Inventory (ADCS-ADL).
This anti-Tau monoclonal antibody is part of the strategic collaboration with Genentech entered into in 2012 for the research, development and commercialization of monoclonal humanized antibodies against Tau protein. RO7105705 is a humanized anti-Tau monoclonal antibody with a high specificity for pathological Tau, designed to intercept the cell-to-cell spread of pathological Tau in the extracellular space of the brain.
Tau pathology spreads with a characteristic spatiotemporal pattern throughout the brain, coinciding with both clinical symptoms and disease progression in AD. Slowing the propagation of tau pathology may therefore slow disease progression and reduce cognitive decline, and anti-tau therapies have shown promise in slowing the progression of tau pathology in animal models of tauopathy.
AC Immune has several product candidates addressing the Tau approach, including: ACI-35, an anti-pTau vaccine partnered with Janssen Pharmaceuticals, currently in a Phase 1b/2a trial, a small molecule Tau MorphomerTM, partnered with Eli Lilly and Company, that is scheduled to enter Phase 1 in 2019; and a Tau imaging agent, partnered with Life Molecular Imaging (formerly Piramal Imaging), currently in Phase 2 clinical testing.
Somebody had a 100k buy at 1.36 for a minute and then it disappeared
60k wall at 1.4
Lampert's Letter:
The Board of Directors
Sears Holdings Corporation
3333 Beverly Road
Hoffman Estates, Illinois 60179
Attention: General Counsel
email: counsel@searshc.com
RE: Resignation from the Board of Directors of Sears Holdings Corporation
The Board of Directors of Sears Holdings Corporation:
I hereby resign, effective immediately, from my position as a director of Sears Holdings Corporation (the “Company”) and each of its subsidiaries, without the need of acceptance or any further action by the Company, the Board of Directors of the Company or any other person.
The reasons for my resignation relate the acquisition of substantially all of the assets of the Company by Transform Holdco LLC (big fish eat little fish and you just got gobble gobbled).
[Remainder of this Page Intentionally Left Blank]
Sincerely,
/s/ Edward S. Lampert (Big Fish)
Edward S. Lampert
I thumbs up this
SEC PAPER WORK JUST DROPPED!
I'm out, made 15K. GLTA!
BIGMOFOBALLS!!!
SHORTS GONNA NEED PRUNE JUICE!!
TOMORROW GONNA BE CRAZY$$
You're at the right place this time Andy!
lol... $4.89 day of.
If commons stay intact it's gonna soar.
Who knows, up, down, sideways.... This is an interesting read for trading in general.. https://www.investopedia.com/terms/g/gatherinthestops.asp
Honestly, I think the shorts (people shorting shares) are crapping themselves and trying to get the PPS down to recoup their loses or it's people wanting to buy at a lower price. If you click on the "negative" comments and then look at their history of comments you can see what kind of stocks they invest in (PPS .00124) type stuff.
I don't "pump" up shares but instead state facts and my opinions in my post. I think this has a REAL GOOD chance of coming out ok BK with commons intact. That being said, it is a Q stock and there are risk so don't invest unless you're willing to lose it all. The Judge could change his mind though I don't think he will as I believe he's on Lamperts side as another poster stated.
Also, Whirlpool filed some filing today so it'll be interesting to see how that plays out because Whirlpool and Sears had a falling out last year. Sears may owe them $$.
It's not to late to come over to the other side..
KeepItRealistic, Didn't your read the post that got the MIC DROP BRO?
You can look the court records yourself!
DOCKET #1730
Page #279-280 (Section Y)
States, and I quote:
"The Sale Transaction does not constitute a de facto plan of reorganization or
liquidation as it does not propose to (i) impair or restructure existing debt of, or equity interests in, the
Debtors, (ii) impair or circumvent voting rights with respect to any plan proposed by the
Debtors, (iii) circumvent chapter 11 safeguards, such as those set forth in sections 1125 and 1129
of the Bankruptcy Code, or (iv) classify claims or equity interests or extend debt maturities.
Entry into the Asset Purchase Agreement and the Sale Transaction neither impermissibly
restructures the rights of the Debtors’ creditors, nor impermissibly dictates the terms of a
chapter 11 plan for the Debtors. Entry into the Asset Purchase Agreement does not constitute a
sub rosa chapter 11 plan."
You can read through the filings more in dept here: https://restructuring.primeclerk.com/sears/Home-DocketInfo
Also, Eddie Lampert and his associates own a ton of common shares!
MIC DROP
KeepItRealistic, Didn't your read the post that got the MIC DROP BRO?
You can look the court records yourself!
DOCKET #1730
Page #279-280 (Section Y)
States, and I quote:
"The Sale Transaction does not constitute a de facto plan of reorganization or
liquidation as it does not propose to (i) impair or restructure existing debt of, or equity interests in, the
Debtors, (ii) impair or circumvent voting rights with respect to any plan proposed by the
Debtors, (iii) circumvent chapter 11 safeguards, such as those set forth in sections 1125 and 1129
of the Bankruptcy Code, or (iv) classify claims or equity interests or extend debt maturities.
Entry into the Asset Purchase Agreement and the Sale Transaction neither impermissibly
restructures the rights of the Debtors’ creditors, nor impermissibly dictates the terms of a
chapter 11 plan for the Debtors. Entry into the Asset Purchase Agreement does not constitute a
sub rosa chapter 11 plan."
You can read through the filings more in dept here: https://restructuring.primeclerk.com/sears/Home-DocketInfo
Also, Eddie Lampert and his associates own a ton of common shares!
MIC DROP
Already at .57
BOOM BABY!!! I TOLD YOU SO!!
I agree. Tomorrows filing will tell a lot (unless there is leak before then). Tomorrow is THE day. If they accept Lamperts bid then the Judge will to. The Judge can accept Lamperts bid regardless TBH.
Lampert Includes Concessions in New Sears Bid, Sources Say -BloombergFont size: A | A | A
3:46 PM ET 1/15/19 | Dow Jones
RELATED QUOTES
3:34 PM ET 1/15/19
Symbol Last % Chg
SHLDQ
0.50 7.51%
Quotes delayed at least 15 minutes
--Sears Holdings Corp. (SHLDQ) Chairman Eddie Lampert presented a new bid Tuesday for the bankrupt retailer that includes terms that are more favorable to the chain and its creditors, Bloomberg reported Tuesday, citing people with knowledge of the discussions.
--The parties involved in the talks are evaluating the new proposal, but there are no assurances that Sears will remain in business if an agreement is reached, the people said, with one adding that the offer is still valued at more than $5 billion, according to the report.
--A representative for ESL Investments, Mr. Lampert's hedge fund, didn't provide comment, while a Sears representative declined to comment, Bloomberg reported.
Full story at https://www.bloomberg.com/news/articles/2019-01-15/sears-is-said-to-extend-talks-on-lampert-s-plan-to-rescue-chain
Write to Daniel Papp at daniel.papp@wsj.com
> Dow Jones Newswires
January 15, 2019 15:46 ET (20:46 GMT)
You can try coming in at end of day when the risk drops off. Unless good news drops then you miss out.
You're at the wrong place again... Dag-gum Andy!
Weil NYC #(212) 310-8000, Somebody call and pretend to be Judge Drain and want to know what the holdup is!
LOL, sneak in there and let us know what they're doing!
Agreed, Nobody offered to buy Sears Canada out of bankruptcy. What makes SHLDQ special is Lamperts offer to buy them out of bankruptcy and basically assume their debt. There are also many creditors/contractors who feel they get more money if Sears survives. PPS will be about where it is now until news drops later today or tomorrow at latest.
What makes this a win for everyone holding strong is that Lampert put in a second bid. His lawyers (last Tuesday?) were negotiating with Sears lawyers, news reports said the bailiff stated "this is like a zoo". The bid is already acceptable by Sears, we're just waiting on the judge to sign off on it.
Agree, though someone will leak something early...
I agree, Just wonder when they will announce, could be early or after hours.
I'm a Sears Contractor and investor. I'm a newbie on this board and just joined! Here's my 2-cents. Long story short I suggest buying low while you can and I give Lamperts new deal a 99% chance of success.
I've been investing since last year starting at $1.80 on down to .37. I've bought, bought and bought and I gotta admit I felt sick on Monday when shares dipped to .16 because CNBC announced Lamperts original deal rejected and Sears was to liquidate but I still held onto my shares. I'm kicking myself for not buying in the .20 range.
Before investing I researched Eddie Lampert and watched several videos of him from 2011 to present. The videos I found very interesting are the ones where he spoke with employee's and investors and wanted Sears to be "asset-light" and compared what he wanted to do with an "Uber" type business model to compete more with business like Amazon (but at the same time partner with) hence closing down stores left and right.
FYI, Lampert has made deals with Amazon where Amazon was/IS selling Alexa enabled appliances. This is just the tip of what Lampert has done.. Sears also owns shopyourway(like a mini Amazon where they're now allowing 3rd party sellers on website) and ServiceLive which I'm surprised I haven't heard one peep about. Media has been slamming Sears non-stop the past Year even though he's made clear from the get-go they need to be "asset-light" and close down most brick and mortar stores. Lampert was right last year when he said "Media coverage about Sears was hurting them".
Brick and mortar stores has been killing Sears - Sears doesn't need a bunch of brick and mortar to be successful, expect for the small appliance stores, those are profitable.
IMO, Sears and the court will accept the new bid and Sears will come out of bankruptcy. Once the last bid was rejected judge Drain said he should sweetened the deal and Lamperts Lawyers were negotiating with Sears Lawyers on the new deal so the new deal is already basically accepted now we just got to go through all the red tape. (you guys basically know this already because of the articles posted here).
This deal and Sears is Lamperts baby, he ain't gonna let her sink. His whole life has come down to this moment... Eddie Lampert, Savior of Sears and 50,000 jobs.