[Flags and Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance with heavy volume, and mark a mid-point of the move. ]
First the gloring success in Ph. I of AMD-SMD trials showing no side effect and significant efficacy despite saftey intent of the trials, then the settlement of the final two lawsuits, then announcement of FDA approval for investigator (UCLA) initiated and apparently investigator-financed trial for severe myopia, and finally Lanza's selection to be the Editor-In-Chief of the well-known bioresearch journal - all within just last few weeks or so!! All these with the Flags&Penant formation has to be very bullish for the stock. Just wait for hardly a couple of weeks to get a glimpse of that!!
NOTE: the RECENT history of 2011 to 2012 of an increase of 522,224,162 (Yes that is 522 MILLION) adding to the dilution of YOUR investment.
How anyone can praise management that dilutes YOUR investment by ~97% in five years is beyond me. Although the past is never a guarantee of management’s future behavior it is Definitely an STRONG indicator that it WILL take place again.
I think your use of SIGNIFICANT EFFICACY is way off the mark and potentially misleading as the direct quote is "no adverse safety signals" and "2" patients had “SOME SIGNS” of visual improvement. (Whatever that means?)
Editor in Chief? Good for him but for ACTC
FLAG&PENANT formation (LOL)
• Totally Irrelevant
"The Market's assessment of a company's worth, however they evaluate it, is reflected in the PPS." The PPS is 7 cents.
[Flags and Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance with heavy volume, and mark a mid-point of the move. ]"
You my friend, know nothing about actc. Run from this stock. To use the chart to determine ANYTHING about actc price movement indicates you are a fool.