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Imo the maximium amount of one's total investing money which should be invested in this stock or any speculative and unproven stock of tis nature is 1%.
For example if your total investment capital is $50k, max invested should be $500, $100K, $1000, 1,000,000, 10K.
jmho.
Well then lets just say for now that until proven otherwise, it is a "mere" POS. lol
What good is owning 15% of a "float"ing tur d!!!
Gotcha now.
I thought perhaps there was a problem with my computer.
The link doesn't work for me.
What is the point?
Ok.
Imo it is fine to buy/hold a TINY portion as a lark/for fun in this company-anything beyond that is pure riverboat gambling at best!
Companies and sell medical dope are proliferating rapidly all over the internet.
The bottom line is that most will fail such as the case when there is any new venture.
Imo at this juncture and until proven otherwise babl is just a pea in a pod.
Anything is possible with any stock, but my 45 years plus of investing that the odds are very much stacked against you in a speculative pennystock like this as opposed to a proven and high quality stock.
I am holding on as I have been for the past few years(I even a little more along the way), but as stated/implied, the reason for my success since this bull market began has been with stocks based on a lot more than speculation, gossip and hope.
Although I own a fair number of shares of this POS company, I haven't visited nor said anything in a long time.
What is striking is the vry first post I see here expresses the same overly optimistic sentiment here with the same charts, graps, etc, that something big is about to happen, etc. as the last time I was here months ago.
The only sure things that thankfully many of us have done quite well over the last few months in REALLY undervalued stocks and segments of the market, and that doesn't include this one.
Whether Babl is really undervalued or simply one of a zillion stocks at this level just playing out the string until they eventually fold is not known.
I am hanging on here and consider my investment a big loser on a percentage basis until proven otherwise.
Good luck to all but for now and until proven otherwise, this stock is a dog, a losing proposition and optimistic predictions and speculation are nothing more than wishful thinking.
Mvecho-I suggest you do a search on Ocata-to sum up, the company no longer exists and was takien over by Astellas after two tries in February.
Booski-I agree with you about the disappointing return after all of these years.
I am happy though that you have made some money elsewhere.
Re: your question, imo the market may be overextended at the moment and God knows what the Fed and Yellen will say today to impact the market.
Over the long haul and on pullbacks imo energy like your Xon is a good place to be as well as the banks(I have a decent investment in Bank of America which I bought when it was lower) and in the autos(GM is my choice).
That said, I am only about 55-60% invested at this point.
Hope that helps.
ps no reason to apologize for anything-your opinions are as valid as anyone's.
Continued good luck!
I sure hope that anyone reading this post has been as successful as I have during the last month or so of taking the proceeds of the $8.50 from Ocata and putting it to work in other what were/are very undervalued portions of the market.
I would really be pissed off now if the tender had failed and I was still holding on while not being able to take advantage of real opportunities in the market which existed when this deal finally went through.
Personally I believe that some day those who bitched and hollered the most about how unfair everything was re: this takeover will realize how fortunate they really were to get the $8.50-interpret that as you like.
I am celebrating my 10th Anniversary today to my lovely wife.
If my math is right, this year also marks the Anniversary of when I become a shareholder of ACTC/Ocata-.
Unlike the case with my wife, finally being divorced from this company/stock after ten years which brought nothing but unhappiness, disappointment and lies and deceptions, etc., was/is a godsend which ended a miserable chapter in my life which went on way too long!
All I know is that I just returned from a great and relaxing vacation in Puerto Rico, which was made even better by not having to worry about this cancerous stock and the corrupt people on top and all of the equally corrupt people who were a part of this scandal.
I have moved on to much better established companies, and if I seek out another stem cell company, rest be assured that it won't be Astellas because it is Ocata related.
Lanza has a great scientific mind for sure, but imo he was no angel in what took place here and knew what was going on right along, meaning that I don't want to be a part of anything he is associated with either.
The more I see and hear, the more covinced I am that like a pro wrestling match, the ultimate outcome of all this has been fixed for a while with the players simply trying to extort as much money out of this before bringing the company to its final destination.
Hi Crawford-como estas
In case you haven't heard, the company no longer exists and was acquiried by Astellas on the second extension of the tender offer at $8.50 a share,
Hope all is well,
I just want to thank everyone who helped to get this deal by tendering their shares this time around.
The timing couldn't have been better as the proceeds have allowed me to make some nice big profits with the general big rally bear market rally or not over the last few days.
Being on vacation makes things even sweeter.
I wanted to be divorced from this stinking stock anyways-making money so quickly with the proceeds is just icing on the cake.
I agree.
Actually I did some shopping with some of the undervalued banks and oil companies right after the tender was approved and already have a nifty little profit.
Hopefully the science/technology of Ocata with Astella's management will eventually greatly help humanity.
As an investor for ten years though, this stock brought me way too much anguish and disappointment and I am ecstatic to no longer have to worry about it.
Actually I am not going to do too much worrying about any stock for the week or so as the family and I are off to a well deserved vacation to Isla Verde(near San Juan) for some sunshine, relaxation, etc.-got to say that it was great timing to get the funds into my account prior to the trip.
Oh yes-good luck to you and all members of the forum with their new investments whether they tendered or not.
Hot off the press-I just received this.
I have a hunch his may be of interest to some at the other forum who like the Japanese soldiers still fighting thirty years after WW2 was over, don't realize that Ocata as we know it is over and has assumed room temperature. lol:
Stock Trend Analysis Report
Prepared on Thursday, February 11, 2016.
OCATA THERAPEUTICS INC (NASDAQ:OCAT)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangle are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
NASDAQ_OCAT
Open High Low OCAT Price Change
8.46 8.48 8.45 8.47 +0.01
Entry Signal
MarketClub’s Trade Triangles for OCAT
long term up The long term trend has been UP since Nov 10th, 2015 at 5.300000
intermediate term up The intermediate term trend has been UP since Jan 22nd, 2016 at 8.460000
short term up The short term trend has been UP since Jan 22nd, 2016 at 8.430000
Smart Scan Analysis for OCAT
Based on a pre-defined weighted trend formula for chart analysis, OCAT scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
+100
Smart Scan Analysis for OCAT
Strong Downtrend Sideways Strong Uptrend
Open
High
Low
Price Change
8.46 8.48 8.45 8.47 0.01
Prev. Close Volume Bid Ask Time
8.47 1092678 2016-02-09 15:59:47
Year High 8.48 Year High Date 2016-01-22
Year Low 8 Year Low Date 2016-01-19
52wk High 8.71 52wk High Date 2015-11-25
52wk Low 3.06 52wk Low Date 2015-08-14
Average Volume 620,666 Volatility 10.41
In all honesty imo in life there are more important things than just making money.
In this case even though Ocata is no more and has instead been swallowed by (Borg)Astellas which obviously has a decent chance to get things moving, for me once this thread is officially closed, I want to take at least some break from this company(although indirectly), which has resulted in mostly negative experiences over the last ten years.
As I stated previously, imo there are and will be much better opportunitiea in stocks and areas in the nearer term, perhaps in the stocks and areas involved which you mentioned.
Overall even though I am about 40% in cash at the moment, I am going to proceed very slowly with any new investments until I see some signs that the general market is going to turn around.
Perhaps Mario will "once again" emerge as the "White Knight" and pay for the lawyer and court costs. lol
Good luck with appraisal-imo nothing will ever come of it, and even if it does, some of us older folks will rather take what we see in front of us rather than see what is behind the curtain and pis s away some money in order to gamble on it-no thanks.
With the funds in my account today, I am happier than a pig in you know what and will move on to proven companies/stocks rather than ones like this one which essentially have nothing to offer but potential and hope a number of years down the road AT BEST!
Can you say ambulance chasing as it applies to the stock market?
I am very grateful to whoever got the nice proceeds of my Ocata shares into my account today-that is what I call promptness and great timing considering the great opportunities which are beginning to open up in great and PROVEN and ESTABLISHED companies WITH REAL EARNINGS, unlike Ocata, which was/is nothing more than some potential some years down the road with no current products but with only a lot of bluster, fluff and wishful thinking to support it-The Wizard of Oz comes to mind. lol
Lets just say that in this instance is/was about the case of all the rumor, gossip, wild speculation, etc. since you have been posting, you were once again correct and in fact at about 99+% correct overall in dispelling what turned out to be wishful thinking/grasping at straws and to be blunt, hopeful nonsense with no basis.
As I said yesterday, imo someone like Sanders could take steps to even the playing field so to speak when it comes to investing.
I agree again.
I guess an appropriate analogy would be to compare Actc/Ocata over all these years to an ATM to be used only by a select few with unlimited withdrawals but funded entirely by the masses who had no access thermselves.
FYI In case anyone isn't aware of it, at least with TD Ameritrade, the proceeds from the takeover are already in your account for those who tendered their shares.
I am actually quite surprised that this took place so quickly and was figuring it might take a week or so.
The problem is what to do with it in this collapsaing market if anything and when to do it.
Good luck to all.
So true!
And since I already thanked Captain Kirk for getting this right, I would be remiss if I didn't point out that way back when before the takeover was even announced, you were the only poster I know of telling folks it woud be a good idea to sell when the stock was in the 7's before it descended into the 3's and then back to the 4's.
Imo from day one you have been extremely balanced in your point of view, whether it be good or bad and most importantly were flexible with your views based on the circumstances and your vast experience in investments of this nature.
Thanks again from me as both a poster and moderator of this forum for calling it day to day as it is and for so many years!
Mario didn't get to be where he is in life with his wealth by being a riverboat gambler, which would have been the case here if his interest had been any more that that of arb and writing calls and puts.
When someones sees what they deem to be easy "lunch money," which was/is the case here, the chances are overwhelming that they are going to grab it no matter how much money they have-it adds up after a while.
An appropriate comparison would be a a filthy rich baseball player who signed a say a $180 million contract doing a tv commercial for relative pennies-why-because it is easy money!
Same to you Kyrie!
While some of us have cricitized the other forum for much of what they do over there, today I want to compliment one of the posters for an excellent summation of how he views his investment in Ocata in retrospect and also with some very wise knowledge which applies not only to Ocata but to any stock and for that matter the market in general-imo this is one terrific and spot on post:
What I Learned From Advanced Cell Technology / Ocata
I have truly enjoyed my time with all of the “ICell family.” As our journey together ends, I thought I would reflect and share some of the lessons I learned as an investor along the way.
I originally bought into ACTC more than 5 years ago in December 2010. Over countless hours of due diligence I truly came to believe that ACTC’s technology was the future of medicine. Like many here, my mind swam as I did the math on what the RPE treatment alone could be worth. I worked hard at my career while raising a family, and carefully invested little by little over 40 times, accumulating a hard-earned 5,200 shares. I imagined my investment would lead to life-changing wealth. Instead, I lost approximately 15% on my investment (much more if you consider the opportunity cost of having been invested in ACTC during a bull market).
Why? How did it happen? The answer lies much deeper than any one factor, and I believe in fact goes into the very nature of us as conscious beings and why we are here experiencing life in the physical. But for this post I only wish to share the following much more specific investment world lessons that I personally learned. I intellectually understood most of these going in, but ACTC allowed me to learn them experientially:
1. A great product does not mean success. There are countless examples in history of great companies who have had revolutionary products, but failed. Still, somehow I felt the truly world-altering restorative medicine of ACTC by its very nature would compel others- both in supporting the company, and also in assigning value to its shares. Generally however, this did not happen. While the “story” of ACTC did keep it afloat, in the end ACTC was treated as a cold hard business like any other, and management business execution ended up being more important than the potency of the product.
2. There is no guarantee that stakeholders will come along for the ride. In the capitalist system, greed is acceptable. Yet personal gain often conflicts with collective gain. The system our markets operate in is one where personal gain is not only tolerated, but celebrated. Where another individual’s success is involved, an investor cannot simply rely on the other to uphold their responsibility to the stakeholder. In our case, while I understand management may have been in a “tough spot” for acquiring the necessary funds, I feel management failed to fulfill their “fiduciary duty” to shareholders in light of all statements made to us, the “owners.”
3. Existing expectations fulfill themselves. Technical trading works because everyone believes the same thing and trades accordingly.
4. The market value of something is only what others- a lot of others- are willing to pay for it. “Intrinsic value” is not easily actualized, even if seen by a large number of people who are themselves a small fraction of the entire group. Rather, in a large market, a big enough number of other people have to consistently see the value for it to materialize. If the greater herd doesn’t see it, value will not materialize.
5. The market respects money, not potential. Put another way: the market respects money right now, not an epic sh*tload of money down the road. I had several knowledgable, successful family and friends say to me: “I looked at Ocata’s balance sheet- really doesn’t look good.” Really? Ya think? Yet I think their comments reflected a prevalent concept: trust the money you can see, not what you can imagine. Ocata was always a “news driven” company because its value was its potential. That story was incredible (even if poorly told)- but even the promise to cure blindness, repair heart attack and stroke damage, and heal MS and autoimmune disease was not good enough.
6. Buying a stock is taking a position in its perception. Ocata was always funded by dilution, which was funded by stockholders, who bought the promise. Thus the perceptions of the promise upheld the company. As perceptions waned, so did the company’s strength. I personally feel management did a poor job of actively managing the world’s perception of the company, and this contributed significantly to its end.
7. Success is built on trust. While it is common in business for management to not report what is really going on, I feel that Ocata management was not honest with shareholders. Ocata had one of the most fiercely loyal and proactive shareholder bases in history, and there’s a lot we could’ve done to support the company. Yet management sold the company for a low figure rather than take the hard, rich road of going it alone as they had promised to us they would do time and time again. Management knew its investors had signed on for the “golden goose,” and we bought because we trusted they would pursue that “golden goose” as they promised.
8. What you see on the surface is not what is happening. This is the norm in business actually, and it was a fact that I re-stated many times when some of us took Ocata leadership comments at face value. However, this phenomenon was particularly true with Ocata. For instance, their September 2015 corporate presentation clearly communicated their enduring promise that we planned on being a stand-alone company- even though at that time the management knew the company was being sold.
9. American companies lack long-term balls. Because the science was so extraordinary and the IP was so good, I mistakenly believed that at least one American company or European company would step up to the plate and fight for Ocata. They did not. Every one of them was risk-adverse. I should say- the leadership of each one of them was risk-adverse. This is partially because American management, and American companies in general, focus on the short-term. They care about the current fiscal period- this month, this quarter, and maybe even this year. Asian companies, however, think ahead. Way, way ahead: 5 years, 10 years, even 50 years again. That will serve Japan very well in this case.
At the end of the day, life is good. Very, very good! I am rich with blessings. I feel blessed to have had this experience with this investment. I feel blessed to have come to know so many other visionary investors on ICell. I feel blessed to have learned so much. I even feel blessed to have gotten my *ss kicked by this investment, because I have grown through the experience. Thank YOU all for sharing it, and best of luck to all of us in our future endeavors!
I agree 100% about what you say about some of the folks at that other site.
Im what those folks did at that forum in way of lies and deception is what really warrants attention and investigation here, and in a perfect world, stiff fines and jail sentences would definitely be in order!
And thanks to you for posting your thoughts right along, so accurately calling what was going to eventually occur here and most importantly bringing the voice of REASON to this forum based on what IS and NOT that of wild hopes, dreams, speculation and sheer delusion based on fantasy!
Lol-all so true.
Yes hopefully the party will be over tomorrow for rational investors but will it be over for some on those other site who wil not be able to accept it is a fait accompli and who will continue to post, try to get the deal overturned, continue to claim to have people who are not going to tender their shares, continue to claim 600 billion plys valuations, continue to write to every BP and goverment on earth, solicit petitions and on and on and on?
There were Japanese soldiers "fighting" in the jungles 30 plus years after WW 2 ended, not knowing and/or accepting that the War was over-who is to say that the same thing could not happen here? lol
I agree.
The posts/sentiment over there over the last few days especially pretty much give the impression that it is over.
Bogey today repeated not only his 600 BILLION dollar valuation of Ocata byt also said it is conservative, all from the same person who predicted that Ocata would hit $100 a share in 2015.
After holding this stock and being a member of this forum for ten years, there will be a welcome sense of relief for me.
If I ever make another investment of this magnitude of both money and investment of my time, I will be a bit more careful.
Welcome back after almost five months-I was wondering what happened-hope all is well.
Congratulations on getting out at the price which is pretty close what it seems we are all going to receive ultimately pretty soon.
Thanks.
Imo one of the biggest mistake that is being made with this stock at this time and which applies to many stocks, is that there some kind of prevailing notion that Ocata owes anyone anything simply because someone has been invested in it for a while.
While no one likes to lose on an investment and/or not see it live up to expectations, imo it is better to chalk it up, learn from the experience and move on rather than to assess blame and waste valuable time and/or even possibly money with legal action,etc, both of which could be better deployed elsewhere.
It is very quiet at the other forum also as folks at this point apparently have decided to just sit back and await their fate.
ps It will be even quieter next week in this forum as yours truly and family will be mostly basking in the rays and enjoying life in Isla Verde in Puerto Rico using what will be hopefully the proceeds of this tender offer if it passes and with one less thing to worry about in my life. lol
Imo if the tender goes through this time, hpefully it will be by a bit more than the 50% plus one needed in order to avoid charges that it was rigged.
Here is a post from one of the few at the other forum who is looking at things the right way:
Quote Originally Posted by iamaverb
Either way this plays out, it looks like a lock NOT to sell but wait it out till the end of the game. Worst case we pocket the $8.50 which is a nice profit for me, and best case the price goes up, and both scenarios carry very little downside risk. Am I the only one grateful that the share price for Ocata has remained virtually LOCKED IN at $8.50 for this past month when the global markets have taken a real beating? Could you imagine how much we would have been whipped recently? To me the tender offer is a gift that just keeps on giving. Thank you Mario.
Today
The IBB is down close to 30% since I first posted this in January. I feel blessed to have been out of the market except for Ocata and 5% in another stock this year, so whatever happens with Ocata I am good with that. When looking at all the other Biotechs being absolutely hammered, who would have thought Ocata had this Silver Lining?
All I know is that if this deal does go through this time around, it is going to free up a lot of money for all investors in this company;imo when the dust settles in the general market, is going to give those same investors tremendous opportunity in other areas of the market with other stocks which have been slammed and are undervalued.
Thus I feel it is time to forget Ocata and move on to these other areas.
In any case, if one feels that Ocata which would now be Astellas is still a great investment opportunity, then go invest in Astellas.
Imo the worst case of action is to whine, fret and complain about a legal deal over which one essentialy has no control, and not pay attention to other stocks and other areas of the market where there are a much better and more certain opportunities.