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Athersys, Inc. Message Board

  • bioinvestor71 bioinvestor71 May 9, 2013 10:25 AM Flag


    Short interest has gone up with ATHX but so have long term holders in this, including me. ATHX is significantly undervalued with a $100M market cap, $20M+ in cash, $30M in milestone payments due from RTI biologics, revenues to start with RTI biologics partnership, ATHX is in partnership discussions for their obesity drug, ATHX is in partnership discussions for other MultiStem indications, phase 2 IBD data is due with Pfizer partnership later this year (and OSIR obtained favorable results for a similar platform), the stroke results are coming out probably 1st quarter 2014 since ATHX is expediting enrollment which could generate billions if successful.... plus other possibilities.... so lots going on here. I wrote 3 articles on ATHX which are on SeekingAlpha. Im also on Twitter @BioInvestor71. I am LONG ATHX and will continue to accumulate.

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    • Read your articles bioinvestor71. I loaded the boat at an avg. of 1.16 before it crept up. Been adding on dips now around $2. How many shares do you hold?

      Sentiment: Strong Buy

    • I appreciate your due diligence. I wish more traders would perform the proper amount of research needed, especially so in the bio sector. Good luck.

    • Thanks for writing the articles and I agree with your position. However, we may have some downside until the next update from ATHX on Tuesday.

      Sentiment: Strong Buy

      • 1 Reply to prosper_man
      • There will always be profit taking... however, I personally think we see a partnership announcement any time now whether it be for another MultiStem indication or for obesity drug. Company has been publicly stating they have been in active discussions and this is a priority. I personally think the selling is from shorts since the short position has increased. I personally think most people who are in this are for the long term and bigger gains so I think there are less traders... as is my position. I think the shorts will be surprised when they have to start covering on news, partnerships, anticipation to study results etc and there are not many sellers... Anyways, my thoughts... we shall see.

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