Cardica Inc (CRDC)

[CIMA7]

I don't think a hostile takeover is something to worry about. Especially at this point in the game and nor do I think it will happen. I was just stating it as a potential concern of mine moving forward. I try to be very objective when discussing a stock until I personally "believe in my mind" that the company is a sure thing.

I hear your concerns but I really don't see how a hostile takeover could occur.

Broadfin holds 8,874,992 shares
Camber holds 8,374,846
Prescott holds 3,263,781
Dafna holds 1,486,004

Don't get me wrong I believe CRDC is one of the best small cap picks out there right now. Correct me if I'm wrong but from what I'm seeing - Institutional Ownership is approximately 55.00%.

At the time in 2012 Applied Medical (A/M) purchased 3.3M shares @ 1.65. they sold 500,000 shares leaving 2.8M,...based on those numbers I really don't see how A/M could perform a hostile takeover.

What do you think Applied Medical's intentions were/are for purchasing stock in Cardica in the first place and what do you think their reasoning was for selling 500,000 shares? It wasn't because they needed the money, that's for sure.

Thank you for the warm wishes. I really appreciate it. I'm working hard to get my family back on our feet. If you ever want to share stock ideas or research let me know. My best to you and yours!

What state are you in? I'm in California.