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  • keep_investing keep_investing May 1, 2008 7:47 AM Flag

    Some thoughts on ACTC and current events

    <<The one thing I DON'T want to see is ACTC selling out, or being absorbed into a large Pharmaceutical or Biotech firm.>>

    I doubt any big pharma company is going to buy out ACTC, because there's nothing to buy. ACTC has no products and very little revenue, besides at 9 cents a share anyone with a little bit of money could become the majority shareholder in this company.
    One reason the pps stays low is that mutual and institual fund firms do not buy risky penny stock companies, so the only way this guy will fly is if the individual investors drive it up. And thats why you see a lot of pump & dump posts here.
    With that said ACTC is an intriging play, because its in a the biotech field that will be at the forefront of the new scientific breakthroughs in medicine that'll help extend human life well beyond 100 years. And its so damn cheap!

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