Notice of error: ACTC shareholders got slammed by about 12x on dilution since it reverse merged with a Kachina doll company with Mikey as ceo cso. So it's 100x hit on price to 12x hit on claim, for a round 1000x bloodletting. That is, if actc becomes 1000x more "valuable" "longs" will be at break even minus inflation.
Apply the same basic, grade school level FA to BTX at 4 3/8 with ~44mm o/s. That's the "science for common stocks" . Notice how its different than the "science of regenerative medicine"??
Noting once again your constant desire to go for the ad #$%$ "blind"-- the issue is that BTX is __not__ the "big picture". It's a common stock. In terms of the "big picture" it doesn't matter at all that Mikey's last company's shareholders who did "buy and hold" are totally shafted. $6 to $0.06, while the claim to future earnings was diluted by 1000 or more. So what? "Regenerative medicine" advanced.
That's the "big picture." This however is a common stock that is short of money for all but one of its so-called projects. And the "big picture" science indicates that all that will come from that CIRM money is an economic stimulus to CA---with a taste going to those who trade in/out of BTX while laughing at the longs.
That was no "point" at all...since the Bill and Melinda Gates Foundation doesn;t do any of that. That's for you to do instead of champagne and dancing girls.
The Gates Foundation is engaged in activities where the rate of inflation is below that of the "broad economy". As a result, for the foreseeable future as long as BRK and MSFT yield zero over inflation or better, the bang for the buck will keep rising.
Feel free to return to whining about WB playing his game instead of yours....
"OpRegen partnered with Teva" On what terms? How much cash out the door before results of phase I trials? What are the odds on a statistically relevant positive outcome?
Without that information, "partnered with" is just a fancy way of saying, "flying monkeys come from Mikey's rump to rule the world."
Since that $14mm from CIRM must be spent on attempting to rescue the dilution from the GERN deal, how much cash does BTX have for any of the rest of the "program"??
Read the 10Q and be not assured at all.
I've been saying this all along: WB is playing HIS games, and people are invited to go along for the ride--not to change the game.
My fading recall says the foundations sell % of $--- not $. Something like 5% a year of the cap of what they own..Thus, the slower the price goes up, the better off they are.....maybe... That's a question for jad... :-) :-).
REAGAN proved "deficits don;t matter." If any of the anti-Krugman types actually gave a rat's rump about the "public debt" they would be demanding a 40% surcharge on income tax until the so-called debt is back to $5-6 trillion.
THose that don't are the real welfare queens.
I didn't say a word about dilution in that post. The "potential of regenerative medicine." has nothing at all to do with whether this dog ever escapes shareholder deficit.
But now that a round of dilution has been put off by a welfare check it is time to look at what that welfare check was for. In terms of "regenerative medicine", very very little.
There are scientific and business reasons that GERN gave back almost twice as much money to CIRM as BTX has just now been promised, and sold $165 million costed i/p for $5mm.
Evidence suggests it doesn't work.
And when will the income to BTX above COG break $100,000?
When will it surpass cost of buying the patents from U of Utah, getting thru CE and other regulation?
Understood. I was that way about Martha-baby. I would like to see it go about 6 feet up Icahn's rump and then detonate after disgorging the last 20 years of his games back to the retail road kill he feeds on.
On another hand, note the shift to non-gaming revenue as the new crop of high disposable income suckers all have better basic math skills--but are frequently #$%$-stupid enough to fall for the champagne and dancing girls, making the "club scene" way high margin.
Champagne and dancing girls... O ...wait. That's you.
As to your comments about debt and over-build--spot on.
Way past time for the likes of the sainted Benjamin Siegel to return to mgt positions.
In how many years?
Specifically---HOW many years?
And will will the revenues be?
Explain the answer and show the work--or you will just be announcing how clueless you are.
Cloud pricing has been crashing for 6 months, and still have a long ways to fall.
To me the point of IBM--which along with everything else is wayyy overpriced by my metrics---is the algorithms cruising the cloud. My info says IBM still has a real lead in the area, but the problem is the suits and college boys are way behind on figuring out what to do with the data.
The COVER story---IBM.
Hilarious chart noting the number of times "non-GAAP" appears in IBM 10K....and other amusements.
And he should be encouraged to do so. He should also be encouraged to place large orders at market every Sunday night before going to bed,
" buffett never got questioned before. " Bullhockey. And given your record on blasting tickers Andreeson bought into, it's kind of idiotic for you to be quoting him. If you want to stay in the game, see what Andreeson Horowitz goes into and at what price.
It wasn't an "investment." It was a speculation based on badly formed perceptions.
As sgottenyc noted, BTX spent $5mm buying $160mm of "failed" i/p, on which it is committed to spend another $5mm, leading to the next round of dilution, or shutting the doors.
But the corpsicle cult did learn they are no longer likely to give themselves cancer when they get rebooted into new bodies.
The FACT that this data was known in the actual trade 9 months ago---and was a very sure bet as of the day GERN returned over $20mm in CIRM money--would be an example of using proper dd when speculating.
Pretending this dog is an "investment" is a core part of the pumpers road game.
Vanguard’s Bogle warns: Wall Street is a rigged casino, get out
Uhhuh.... So now Bogle agrees with me.
CMG was fun for a while...but is now almost the poster child for bloated mkt cap. So of course, its time for the execs to start bleeding the retail.