I agree with you. I think the initial opening of 3.42 will be closer to the new bottom when the news is fully digested. This is exactly about expansion. Lively discussion of residential and commercial Energy Storage Modules, drones, and yes electric vehicle batteries was conspicuous in it's absence last CC, now we know why. The investment of $100,000,000 will enable these businesses to scale up. Very accretive deal for HPJ shareholders. This stock has a lot of upside next 6-18 months.in my opinion.
They could have changed the name and website to reflect the transition to an advanced materials company when Harris came to San Francisco in August, and sold 2 million shares at 3.50-4.00 today instead of the convoluted small potatoes/stock and ridiculous warrants deal w Lake Street. Investing 50-75k for a high impact rebrand would have brought in much more money for many fewer shares. If you want to develop and supply advanced emission control materials to the global automotive industry, $3mil dilutive ain't gonna cut it- it's a bridge to another cash raise at best. I'm the guy with the gorgeous rebrand chops. Had an appt w Harris in S.F. but he cancelled. Maybe I need to go to Oxnard in January...
McNaughton and Green were open market cash purchases, not options- they had to write the check. And New Jersey Pension Fund is not the institutional buyer. It's a different buyer, and I cannot determine yet who it is or how much they own. If it's an existing Schedule D owner who is adding they have to report before Dec. 10. If it's a new buyer who has accumulated 5%- that's only @600,000 shares and possible if you add up the crosses and uptick blocks of 10,000+ the past 15 sessions, they also have a Dec. 10 deadline. If you get off on shorting or bad-mouthing stocks go get your jollies on KBIO. It looks to me like HART is going to have a pretty good run here.
Looks to me like there is a 13D size buyer. as well. Big blocks, upticks, breakout volume. They have 10 days after end of month to disclose. We'll see what happens.
Today's announcement w Panasonic is indeed a very big deal. Panasonic can now take their proprietary particulate filter and Ventura Advanced Material Inc.'s (catchy huh?) 80% reduced platinum oxidation catalyst and supply any diesel OEM on the planet. FYI this is the same Panasonic that is the lead investor and technology partner in the Tesla Gigafactory in Nevada!
How people could be so miserable and hopeless in this life that they would blow themselves up along with innocent bystanders in the belief that they will thereby have a happy afterlife.
If you're in New York- it's called a Kansas City strip (hence the restaurant Max's Kansas City in the Village. If you're in KC it's called a New York Strip. If you're in Cleveland it's called a Boston Strip. Everybody wants something that comes from somewhere else- hence the Chrysler ad campaign that goes "Imported from Detroit" To get down to business here, I don't want a trachea that was grown in Russia, I want mine grown in Massachusetts. There is a fund that is liquidating HART for tax and portfolio appearance reasons. Once they're done the stock is right firstname.lastname@example.org
That's great. Should be very popular. There are all kinds of things readily available to increase nitric oxide including arginine, pycnogenol, and watermelon- . The Can Fite drug increases neo-vascularization in places where you don't want it- joints and organs for example. The fact that they use the sex hook to issue a press release for this dangerous drug speaks volumes. They are stock pumpers with no moral compass.
If Imetelstat is approved, and I for one believe it will be, the free cash flow from milestone/royalty payments on the Jansen product alone will be very attractive- up to 12-14 per share on a discounted cash flow basis. If you add the telomerase IP on top of that- it could go for 16-18 in the next 12 months.
EV battery and control and PV solar storage. I believe the stock will surge to new all time high within next six months. There are so many things now running on lithium batteries. Take them away and the world shuts down.
Outside of the fact that they hired a woman CEO, they're just not creative, forward thinking or quick. Right after they bought vessels the market for ethanol tanks boomed, and they missed it. Then it boomed for CNG and propane and they missed it. They totally missed the boom in bio-containment facilities with Scientific. They buy boring businesses and make them more boring. IMO they shouldn't be a public company. Randy got on the call yesterday- he is usually the only caller and complained about pretty much everything and then lost all credibility when he said he would buy more stock. Seems like he's a glutton for punishment. I'm done with this happy horseshit.
Small companies should be nimble. Should be able to forecast downturns. Not here. Should be able to identify emerging market opportunities. Not here. They get a D-, Stock headed to 2's IMO. I'm very disappointed. Sold off a substantial portion of my position this morning. Tax losses were not what I was lookin' for.
My info is from Rennaissance Capital. Set for 4.65 mil shares at 13-15 per. Market cap post IPO would be around 225 mil. The exact day and terms are subject to determination the night before the sale. Usually, if the market is in panic selling mode, they delay it. Another RNAI firm Arrowhead reported positive clinical trial data this morning on a Hep B treatment and shot up 20% even in a horrible market.
The Wainright registered direct " customers" didn't just show up Friday afternoon. They were in on the deal from the beginning. Company releases "Fast Track Designation" press release Friday morning. Private" investors" in on the deal shorted the stock Friday afternoon at 5.00-7.50. The "offering" was announced on the weekend, and tomorrow the "investors" will use the stock they knew they were buying for 4.35 to cover the short and make a fast 50% mostly taken from the pockets of the unfortunate neophytes who bought Friday afternoon. And they get the warrants for free, just in case the 3% chance that the drug is approved sometime before 2020 pans out.