I can't help but think the only reason the share price has been slowly moving down is due to the overall market sentiment. If we were seeing people selling AMBS for a legit reason, it would be moving down a lot faster. True longs are holding and accumulating.
He's a real pro at pumping the stock when he wants it to go up and soft bashing it when he wants it down. Too bad nobody takes him seriously and he's lost all credibility. He's WestCoastGuy on twitter as well.
I agree. To be honest, I'm expecting him to come back and say it was a drug from some other company. But he did say that Athersys sounds familiar.
I'm not trying to yank anyone's chain here. Just reporting what was told to me.
I was texting with my father in law and told him to take a look at ATHX for a 2014 play. He told me that his old accountant, who was in a car accident, got pinned underneath a car and lost feeling and use of his legs. Afterwards he was apparently taking an experimental drug and is pretty sure that it was from ATHX. He says that the name sounds very familiar or similar. He's not an investor in pharma or bio stocks at all, so it's not like he would have it confused with something on his watchlist.
Anyway, he goes on to tell me that he was taking this experimental drug and that he started to feel sensations again in his legs. He says the accountant begged the company to keep him on it but he was cut off of it, obviously because it was an experiment. After taking the drug, doing physio and working hard he managed to walk with braces and a cane. He got so well that he took up golf again.
He's asked his accountant to check in to it and I should have an update next week. Hopefully it's true and it really is from ATHX.
My opinion, hold out a few days and you may be able to get this at .10, at middle bb and support level. That's only if we don't get some sort of news before then. If it were me, I'd take a position now and add if we drop.
ATHX takes up a large part of my portfolio. I've been in and out of ATHX since $1, however, now I choose to just hold the stock for much larger gains.
My question is, does anyone hold any other regenerative medicine/stem cell plays? I'm currently also holding a sub penny play Intellicell Biosciences (SVFC). CUR also looks like an interesting choice.
Not sure where you've been, but this company pumps out more news and updates than bios trading at 50x its value on the Nasdaq. This is the most transparent company I've invested in.
You're obviously a paid basher. Everyone, please stop responding at all to this person. It's just not worth it.
Yeah, he doesn't try to hide it either. As far as I'm concerned, the very little credibility he ever had is now gone.
Matusow is a complete idiot, bashing the stock having not updated himself on what AMBS is now all about. Was it a pump and dump last year when it ran from sub penny to over .19? Yeah, I'd say that was a major pump and dump, one that that #$%$ clown probably took part in. Now he's assuming the current run is another pump and dump and he's doing everyone the heroic favour of warning us. That's only because he didn't get in it early enough to pump it up himself.
In the past I would agree that no news will probably cause a crash in the stock price, but I really don't think that's a scenario anymore. People are looking at this with a big picture view rather than it being a one even, catalyst driven run. A lot of very, very good traders that I follow on Stocktwits and Twitter have taken note of AMBS and done their dd, and they all agree that it's going nowhere but up. Could we see a dip tomorrow? Sure, by those selling that bought this thinking it is going to pop on news in the event that we don't receive news. But it'll be a small dip on the way up to .30-.50.
Yeah, ok. Too bad it was existing shareholders that increased their stake in the company, so your theory is bust. Nice try.