I'm new to trading in the stock market and have looked at investing in ACTC. What has me hesitant in this company is the huge amount of financial deficits that they have. I know that they have filed for phase I clinical trial with IND, and that they have not been approved yet. Then they will need another 60-90 days to prepare to start the trials. Being in medical school, and reading research papers, I also understand that phase I clinical trials mean jack...there is so much more to go through before the company has a marketable product. Therefore, I was wondering if...given the companies financial shortcomings it would be able to hold out for 3-4 years in order to get done with their phase III clinical trials. I also read a little while back that the company diluted lots of its shares in order to raise more funding only to have the assets quickly used up again. Is it wrong to think this company will not succeed? I would like some in-depth insight into what some experienced investors think.
ACTC should do well compared to other penny stocks but if you are new at investing you should consider something safe like apple which should get a bump soon.
You should also consider taking a set of courses from Technitrader Stock Market Education. It is expensive but you can learn how to invest in the market.
Also, if your a medicial student then how in the world do you have the time to research in the stock market. When I was in medicial scholl I didnt have time to take a pess let along research stocks. Also, if your not to far into this med school thing you might consider getting the hell out before this health care thing takes effect because it is going to fuk up everything in medicine.
you shouldve been here in summer 2008
at that time your post would have been be very legitimate
every stock is a gamble , even Microsoft , its all about believing what you invest(gamble) in and patience
if you lack those 2 then you will probably as many others lose money in this and every other stock
Sir, with all due respect, I am asking for insight into the matter because I am inexperienced on the subject. I am aware of my inexperience in investing, otherwise I would not ask questions on a message board. Given the things I have listed, could you explain some reasons why this stock will succeed? Why it would be wise to purchase this stock?