An overnight deal in a negative surprise – the after-market has been selling off the share to the tune of $2.88
The Bottom Line: A big disappointment as many investors had anticipated a partnership by year end as previously articulated by management instead of a … BIG rush to the market. Let’s see how the “orders book” fills – in 7 calls – some predict a $2.50 – $2.75 pricing. CYTX is selling off to the tune of -$0.44 or 13.25% to $2.88. Just when you thought this management was capable of delivering – BUST and I am not talking breast reconstruction!
Henry, you are absolutely entitled to be #$%$-off. I also genuinely believed that they (CYTX-CC) would honor their commitment to have a completed partnership deal by year end. Not likely now.
Having drank the cool-aid I can't but hope that Reverend CC is doing the right thing for/to this poor sinner.
Someone else will no doubt be buying shares considerably cheaper than my average price. I don't feel angry at them ......... just a bit jealous. Hopefully CC's options expire at the money $4.4 on January 28th. Misery loves company and CC needs to learn a bit of humility.
Henry, the ADRC fundamentals continue to be excellent so I would not sell.
So long as the dilution is not too great and it provides us with the time to reach the promised land of 10xYWD I will continue to hold the hand/shares dealt to me. (NO MARGIN)