Naw,Keepie, you used to say ZERO institutional ownership, but now when they slowly creep in, it's because they have NO confidence in mgmt.? If that were the case, they would still own ZERO %. Can't have your argument both ways! What do you think would happen if one of those tutes sniffing around wanted, say a million shares? Where would they come from without spiking the share price? Naw, they'll just keep collecting the scraps that retail or naked shorts throw them. But, you probably know that!
Market must not like the "matching funds" aspect, is the only thing I can think of! I still come down on the side of the vote of confidence in the platform. Clearer heads will prevail at some point!
Showing buying interest all day in a week market. It's almost like someone expects news of some kind and doesn't want to be short or out over the weekend! First time in a little while that buyers have been stepping in and paying up, instead of MMs dropping the floor out!
Theoretically, I can't disagree. However, he's been saying that very thing for at least the past 36 months. You must know the gov't can't let that happen. So, we go the way of Japan with unrealistic interest rates for decades?
Even the tutes have to buy stealthily or the pps would move like a scalded cat. Numbers don't lie, and while still a small amount, they are buying.
Thanks, Johnny, but I can't do justice to explaining the technology like you have. I understand it all from a common sense and historical perspective as I have followed a few of the stems and am invested in OCAT and OSIR along with my newly acquired NBS shares. OCAT has been in the same boat as NBS as far as market recognition, but that is about to change, too! And, of course, OSIR is now a cash flow positive company with great margins! Love the sector because it will change how we do medicine in this country.
I appreciate all of your attempts to educate newbies here! Still cannot begin to understand the market cap of this company at this stage of the game! Unreal!
Obviously, there was some selling the news. For anyone who was buying along the bottom, days and days at $2.30 area, they took their 20% profit and moved on. Machines drove some of that action yesterday, so some giveback is to be expected, probably even healthier. The long term picture just got a lot clearer and that's what's important!
Gee, look what the cat dragged in! Aren't you supposed to be spewing your sewage over on the OCAT board? Oh, wait ... it's climbing and so is the institutional interest! Is NBS gonna be your new gig? I hardly call a $18M matching funds grant a "pump"! Get lost!
We had over 6M shares traded, so down on a few hundred thousand isn't surprising or worrisome. Now, if the shorts, naked or otherwise, don't either cover or move on using this huge volume, then they deserve to get slaughtered because they're hogs at this point. With the low O/S, float, this will provide a great base of new buyers, hopefully investors. $100M market cap is insane, and you know it!
Nope, still in the throes of the sharks! What's the risk/reward for these thieves to keep pushing NBS down from here? They aren't going to be able to squeeze too much more blood from this stone! With the huge vote of CIRM confidence yesterday and recently, we know where NBS will end up, and that's is higher than $3! Buying the dips and holding long term!!
There is still a certain stigma surrounding stem cell therapy. In some minds, I think it connotes cloning, and such. OCAT (formerly ACTC) recently changed their name with their uplist for the same reason; to show focus on therapies.
June is National Skin Cancer Month, isn't it? I'm thinking this will be in the buzz for the 30 day cycle in lots of forums!
Bump this thread for viper ... truest of longs!! He always believed and fought the good fight here!
Viper, where are you?
Did you see OSIR news, too? Looks like they're expanding! Good sign of things to come?
I had owned a fair amount of NBS before the trial results debacle. Got out of that unscathed and tried to buy it several times thereafter, but it was so weak, I finally just watched. I KNEW I should have been accumulating as it based in the $2.30s this month, but was heavy into TROV, OSIR and re-entered IDRA, so I had to weigh my risk/reward positions. I actually lightened up on TROV today and had very good luck yesterday playing ISR as a trade, so when I got the alert on the CIRM news, I jumped in without fear around $2.80. Volume was HUGE ... machines probably got involved there, and some shorts got goosed. Yup, from here on out, this is a HOLD and let them do their stuff! So undervalued!!!