Will not have to wait that long since Lanza and the others probably will have to pay their quarterly taxes by the end of June you can bet this will take a little bump before that.
Games are already being played. The pros will crush the little guys yet again today. The buyers above 7 are already scratching their heads wondering what hit them.
Days of quiet desperation are the hallmark of OCAT. It will pop to 7 or 8 as soon as you sell and drop back to 6 if you buy at 7 or 8.
Interesting watching one right now trying to build a position without raising the share price too quickly. Pretty tricky with this thinly traded stock.
I feel your pain. I think that there was interest but it has been washed out by the continuous disappointments. The scenario goes like this. John Doe investor knows nothing of this company but it pops up on his screener when it makes a move up. He reads a little about the science, gets interested and buys (usually somewhere near the top). In no time there is either one or more of the following: A big dilution, an insider selling, a corporate shakeup. an SEC problem, a lawsuit or a delay in promised progress. The stock tanks leaving MR Newbie with a bad feeling for this company. He vows never to do this again and tells anyone who happens to mention this company his story. Repeat this several times a year over many years and a general bad feeling is cast over the company no matter what the science eventually does. Long term, more stubborn holders, eventually wait for the next spike and sell stopping it in its tracks.
I know. Been in this stock over two weeks and no profit yet. What is it going to take a whole year? OMG the only red in the whole portfolio today. Surely it is the devil's work! BTW any long term holder of OCAT (ACTC) should not be lectured about repentance as they have felt the wrath of the lords of dilution!
At least Lanza has some enthusiasm for what the company is doing and he shows it when he speaks.
Didn't fill. The 6.10 fills were not mine, unfortunately. Looks like some bigger money comes in around those levels right now which is a good sign.
General market is looking bad at least for the open. Interesting to see if OCAT is influenced at all by general market moves now that it is not in the pennies. Would be nice to have at least one green on the list.
Seems this board has degraded back into to it's old ways with bashers and pumpers trying to make the best of their 100 share "investment". Best way to make money here is to buy around this price or below and wait until somehow it magically goes into the 7s or above. Sell and repeat. Look over the charts and see how this works. It's what Lanza does except he doesn't have to do the buy part. Wonder why the CC was so short on time and info? Well, they have some things on the grill but they are not going to serve them until need a little pop so they can sell. The jump between 6 and 7 is 16.6%. Not bad if you can turn it a few times a year.
If you have a diversified, well balanced portfolio your other gains should be obliterating the losses here today. If OCAT is your only pony you are in bad shape.