Good news, ACTC is up today, bad news it won't stay there
Why? Because it has no legs to keep it moving higher. What it needs is solid news from Gary, but he's in a quiet mode, which dosen't bode well for the stock price. Remember it's all about patients, patients, and more patients, especially when they start injecting the earlier stage patients.
If it can do another 4 mil in the next hour and a half I'll be impressed. I'll be happy if it's still in the .08s at the end of the day. Likely gonna take an 80-100 mil share day to get to .10 or more.
Keep, one of the worse fluffing jobs ever! You're the yang for Boos Yin, not good. As I said several times last year, once the 6 month countdown to Phase 1 trial results starts the stock has reason to gain traction. Remember the results will be obvious...either they see or they can't. All indications are they will see. We also have the Platelet trial coming up within the next 3 months, so lots to look forwards to-this year.
Keep, hitting milestones does matter. Take a look at KERX over the past 3 days for what can happen when milestones are achieved. KERX still doesn't have FDA approval for their Kidney drug but the market is certainly rewarding the progress.