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CTI BioPharma Corp. Message Board

  • mmmlarkey mmmlarkey Nov 21, 2012 11:59 PM Flag

    7.5 MILLION shares to be liquidated. 12% of outstanding shares hitting the market.

    Check the SEC fillings. This company is being liquidated. The 12% does NOT include the additional 42 MILLION shares just issued at the last offering.

    Down days ahead. If you don't understand these numbers, you deserve to lose your money.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You post some panic information. Where is your source? If 1 public company issue more shares, they must be sured what they do is under the control of the authority.
      What is your position? Buy or sell? or nothing?
      By the way, Cell Therapeutics has raised $25 million by granting preferred stock and warrants to a single unnamed institutional investor in 2011. Do you think this institutional investor know less than you?
      We are all waiting for FDA decision. Nothing more important than that.

      • 1 Reply to nndung802000
      • I'm sorry, are you new to investing? Am I talking over your head? Do you know what an SEC filing is?

        http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000315066%2D12%2D004118%2Etxt&FilePath=%5C2012%5C11%5C13%5C&CoName=CELL+THERAPEUTICS+INC&FormType=SC+13G&RcvdDate=11%2F13%2F2012&pdf=

        Fidelity Management and Resources, one of the largest mutual funds in the world is liquidating their holding, 8 MILLION shares. 12% of outstanding shares. Dang man, do some research.

        And by the way, there is no FDA decision coming anytime soon. Maybe summer of 2013 IF the company is still around.

 
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