I think it's .13. It would make sense that the bottom would hover a few cents above .10. MM's won't, I think, push it lower than that. I'm getting ready to add in the lower .13 range - if it drops into the 12s, then I think the buyers will be back in force.
This stock has had a pretty consistent history. Pullbacks such as the one we've seen in recent days have occurred in the past, and I've seen a few folks panic over ACTC before. The only difference I can see this time is the fact that the company today released a PR to address the concerns of investors (I'm not sure what to make of that, actually - it's rare for a company to release a PR solely on PPS concerns - would love to hear people's thoughts on that).
I do have to wonder what "insiders" are doing with the stock. Are there folks "in the know" who are dumping shares? Possibly? Are there still good reasons to buy up their shares and wait for the next run? Absolutely. Remember, the stock was over .20/share less than 2 months ago.
My guess is as good as anyone's, I know, but I think we've reached a point where we could/should see PPS begin to climb again soon - maybe even close today near or above .14.
Never dull with these stem cell companies - good luck.
