Why did many other companies drop today? You are such a master trader... how many times have you been wrong in the past month? At least 10 times.
Today's trading is all HFT-driven. Raise the value of one set of biotechs, lower it on another.
Sorry to burst your bubble here but CYTX did sell a large amount of shares at .32 just a few days ago per their warrant contract.
I don't have to keep responding to your unfounded accusations, you know... I could just put you on ignore like cadbarley, if you want.
Being on a BoD is completely different from going to work 24/7.
To answer your question, 'cause it's not true.
AERI only barely missed endpoints by the way. They have an effective drug that is going to start selling in 2016 with almost certitude. But, yes, it's true, you can't compare ATHX to these other companies so linearly.
I just mean to say that they can't really go to the public equity market anymore so the deals will start getting shady if they do need more cash. If they have a good deal with Aspire, good.
I was an investor back in October.... I bought and sold at roughly the same price.
I am convinced that they cannot attract anymore non-toxic investment and it's all about Chugai right now. If Chugai bails, cash is going to be a serious problem.
Rocket 2 data readout is expected in September. From the August 5 CC:
"Obviously, the most significant of those is the readout from Rocket 2, which will occur sometime in September and hopefully, assuming positive results, will really set the tone for how big this Company is really going to be."