I bought some more too. Good luck to all longs. When Asterias succeeds we all succeed--Asterias, BioTime and Geron.
And NO there are not many Asterias shares out there. This could get very interesting.
Remember, spinal cord treatment is NOT like cancer treatment. With cancer, often even the patient has no clue if the treatment is working. But with spinal cord treatment, if there is a positive effect, even casual passers-by will know.
Spinal Cord injury is not like cancer. With cancer, often even the patient does not know if the drug is having a positive effect. With spinal cord injury, even passing observers will know.
Good luck to all longs. And no, there are NOT many shares out there.
I'm a buyer here. And as far as competition goes (another thread)--what competition? The competition is FAR behind.
Great news for Geron (and Geron investors who kept their AST shares.
There are just 32 million Asterias shares and BioTime and Geron investors own 27.5 million of those shares (21million + 6.5 million). That doesn't leave very many for everybody else. Think that will cause a little competition for shares?
Geron investor also received warrants for BioTime shares--the parent company--nice.
So is this correct:
There are 32 million Asterias shares and BioTime owns 21 million of those?
That doesn't leave very many shares.
I read the entire transcript and saw so MANY reasons to believe in this company and so FEW negatives. My advice--read the transcript. The analysts clearly admire and respect Illumina's management (not always the case).
It appears that "the street" wants our shares and they're trying to shake them loose, because I saw very little that was negative in Illumina's quarterly report. GLTA longs.
Absolutely right, fuzeizlit. If the hedgies will pay hundreds of millions to lay their own fiberoptic cable to gain milliseconds of edge, they will also pay jobless scoundrels to bash game-changing stocks to gain a tiny bit of edge as well.
Who knows where this stock is going short term. But long term..... I'm liking my investment more and more each day. Thanks, pivalde.