Dilution. Any good news or success is neutralized by the shares the company dumps into the market to pay for daily expenses. This and the fact their assets are all collateral for what they owe past litigants. And they will soon owe the SEC $4 million dollars. Hard to believe they will get out of the hole they are in anytime soon. But if they can pay off their obligations, SEC and find new financing that does not dilute then this becomes a normal risky new business investment.
Trading indicates there is very little interest in ACTC by retail investors. I think it's safe to suggest that hedge fund trading is at a minimum today before holiday. therefore all we are seeing is retail and very low volume with more selling than buying. As far as insider trading they have only sold and never bought. One could argue they aquire free shares so no need to buy but there should be no need to sell either if they had any hope of appreciation of price. But obviously there has only been depreciation of price which is why they continue to sell. All of us that have bought this company in the last few years were wrong to do so. However if Gary and ACTC is to be believed this may be the time to buy, the trouble is Gary has given little reason to believe anything he says.
We'll see if the country can withstand the temptation to move too far Right. The absolute stupidity of Harry Reid is astounding. He has set the stage for the Tea Party to come to power in 2014, as if they needed any help given the disaster of Obama Care. The corruption of the Republicans opened the door to Obama and the far Left and now Harry and Obama are swinging the door wide open to the nuts on the Right. America is at more risk since the late 1850's. Are leaders are fools!
Between now and end of year we may finally get some good news. SEC settlement may be announced within two weeks or so, and then soon after new financing and then Top Line Review. We could actually have a pretty good six weeks. Keeping fingers crossed.
The magic number is I think .03 or maybe it was .035 but it was in that neighborhood. I don't remember if there was a time limit or if the stock simply touches the magic number for the agreement to go up into thin air. But let’s face it the fact we are getting close is ridiculous and a reason to think we are all fools for putting money into a small company like ACTC. It was always too good to be true. Gary and his snake oil is finally coming close to running it's course..
Unless Gary releases news before end of this year about test results we wll see this coming dangerously close to below .05 which then feeds speculation that ACTC could loose the Lincoln Park financing which is dependent on share price styaing above .04. I guess if you have money to throw away one could buy cheap shares in the next few weeks.
ACTC has been on downhill run since Gary took charge. I think we will see new 52 week low before year end. The longer we stay under .06 the less time the company has to find more financing which means more dilution which means fewer shareholders. ACTC could end up private which may have been Gary's plan from day one. Shareholder law suits on horizon. Even if the SEC settles its no guarantee the company can up list and if they do it simply could be we see even lower market cap. Obviously the test results could change all but it seems obvious that's not happening.
ACTC has so many negatives but the biggest is dilution of shares and as time goes by it gets worse. If they can't show that their tests have been successful and that they can get financing to run their business this will continue to fail and the share price will continue to go lower. Obviously zero is possible but I am hoping that by first quarter next year they can give credible details that will reverse what seems now like the inevitable end to ACTC.
the odds of ACTC making it to market are very low, and if they somehow do we're talking maybe 2019 or there abouts. Traders may make a few penny's but for me if this makes any move up past .10 I'll be looking to sell and move on. This company was history when we learned of the law suits in 2011 and I for one was too stupid to understand it.
Obama has been described as an arrogant, intellectual person who is really quite lazy and not engaged in the issues. How does a person like that become president? A majority of the electorate need to look into the mirror to see who is at fault. But then many conservative voters who didn't vote because Romney was a Morman or not Conservative enough need to take their share of credit for giving the us Obama.
Stem cells may be the answer for lowering healthcare costs and Lanza may be a great mind but ACTC continues to be less relevant each and every day because they are being led by a delusional CEO and Chairman of the Board that continues to whistle past the grave yard of bankruptcy. ACTC has been insolvent for some time but as long as Gary can extend the fiction he continues to get paid the big bucks. All the assets belong in fact to the CAM's. The dream has in fact become a nightmare! Sorry for all shareholders and true believers but hopefully one of the many competitors that have materialized will have better luck. How long before ACTC finally has to turn off the lights for the last time. ACTC has become a scam company being manipulated by a man who has chosen a dark path. It's very sad for him and of course the victims he continues to cheat. How can he get Lanza and Langer to say nothing? Because they are buying into the idea of buying time for another company to take up the Stem Cell cause. Gary is what he is and sooner or later people will figure it out. Of course this is all conjecture by a disappointed x-shareholder.
Not that this should mean anything to anyone but I think tomorrow and until this company can settle with the SEC and clean up its balance sheet we will see the share price re-visit its lows before end of year. Gary should have major positive news tomorrow but the share movement or lack of is saying he does not. I should have sold.
Wynn's $25 million is a big vote of no confidence for ACTC and Robert Lanza. Which undermines the credibility of those that have been touting ACTC as the gold standard of stem cells. Gary better have some big news tomorrow or our pps is going to be hit and not in the way we want. Without some credible validation tomorrow selling will be significant as people will finally have to wonder where is the money, why can't ACTC get funding from folks like Wynn when others do. I can tell you as a small retail investor if we don't get more than the normal two step from Gary I'm out of here. I feel like I should be selling today but I'm hoping ACTC is real and not the SCAM it is looking like.
See how excited the market is about ACTC Webcasting their SH Meeting. No one cares, or they obviously think its a non event. Maybe we should be thankful for that.
There is very little positive to hold onto when it comes to ACTC in the short term. One more billion shares are going to be issued in the next 18 months which may raise on average maybe $50 million very difficult to know because there is a real risk that much of it may have to go to paying off lawsuits and SEC fine. But at any rate they might have enough to keep themselves afloat for 18 months or till 2015. Is that enough time not at the rate their phase one trials have been taking. These issues help us to understand why this company keeps trading lower month after month. If we had any investment sense we’d sell our shares but if we had sense we wouldn’t be ACTC shareholders. No wonder no ACTC insider has ever bought any shares in their own company.
Fact is if Gary had a JV lined up we would know about it. More likely that the news from the meeting later this month will not amount to much. That's the history of this company. In other words these guys hype whenever they can so the fact there is no leak suggests we are in for more disappointment. Obviously I wish there was reason for more optimism but sadly I don’t see it.
Or certainly acts like nothing positive is coming. I think ACTC is out of time in the sense the share price is going down after the non-event meeting takes place later this month. Then it’s a matter of time as they will need to dump the new billion shares which at .05 will I guess last maybe 18 months depending on how expensive their phase II trials will be and or how much the remaining law suits and SEC penalty is.
Trading suggests to me we are going to take it on the chin again when it becomes more obvious that ACTC management has nothing positive to show for all their talk once again. Unbelievable how arrogant Gary is. It's like he will do anything and everything without any regard to his fiduciary responsibilities to his sheer holders. His ability to control expectations is nonexistent to say the least. Of course the volatility is great for his hedge fund buddies.