Is it possible that J&J has another drug approved recently by the FDA for advanced-stage myeloma and it may be deliberately delaying until it finds out how that drug is actually doing in the market?
Are you still there, buddy!! Did you survived your belt-bomb blast?!!! Go and wash your face; it's all back!! And, your face looks like a monkey!!!
Stupidly fanatic, brainwashed idiots, and nerds!! Where are they now on this board? Will they ever learn? Perhaps not until they blow up themselves and wake up in the hell!!!
You got me wrong, buddy!! Is that how you keep judging people?
Anyhow, I do not mind people making money; it's their right. But, to do that if they keep posting junk, distortions, half truths and plain lies, hoping there are fools who will believe them, is certainly an uncivilized way to make money!! Do you get it?!!!
We are all thankful to you, Irish, for providing interesting updates we could never have got without your kindness. It's frustrating that no such update comes from the management of the company we have invested in for years. And, that makes your such posts like a ray of light in a complete darkness!!! Thanks again.
So far to-day, the volume is still not high (only 300K)! Astellas must be facing problems in getting people sell their shares to them!! Jeffries can't buy, lawyers can't buy, Geron insiders can't buy because all those, except Astellas, will be in violation of the SEC regulations!! The game secret gets unfolded now!!!!
And, Oh, God!! I forgot the lawyers!! They would have also milked the company, I mean shareholders, to fill their pockets!! Poor shareholders will have to wait till the final chapter is closed!!!
jointly by the managements of Ocata, Astellas and Jeffries to jack up the SP to reasonable level. Jeffries being an insider to the plan can't benefit by buying or selling the stock; but, it surely can ask for its compensation in terms of Ocata shares at a certain price. Ocata gets what it wants: Higher SP in case it wants go all alone and raise money through offering to complete the Ph2 trials. And, Astellas will have grabbed a sizeable portion of Ocata shares ( 30%?) at a price at or below $8.50 under this plan which it will keep even if the deal fails or challenged and restricted unless a better offer is given!! Once Astellas controls a huge portion of the shares, it will then be able to change the board and the management the way it wants!! In other words, it will be the sole controller of the company!! If any other large pharma now wakes up and gives a reasonable offer, it will have to deal with Astellas!!! What does Jeffries get out of this from Astellas? You have to ask Jeffries' top management to tell you that secretly!!!! Of course, Wotton will have filled up his pocket with all the perks and Lanza too will have done so and who will have an added advantage of remaining in the company to take it to the final licensing stage while being retained as the Chief Technology Officer. Great plan, isn't it?!!!!
It is certainly a fact-based well-written article - a rarity from SA!! Yes, every sincere shareholder must read it. And, I wonder who are the two bozos who gave you thumbdowns?!!! Do they really know what is going on?!!!
Demeter, good idea but I am afraid that traders and MM can briefly take the SP down deliberately on a rumor that the offer may collapse!! In that case, you will have lost your shares to reap the benefit if, later, a better offer comes up. I think we should do that just and in time before May dead line. Until then, just watch the show because the shorts are all disappeared!!
You do not get screwed; your shares will be snatched from you by Estella and it will give you $8.50 per share. This is provided the deal is not challenged in the court and no better offer comes up, apparently, by May 2016. Therefore, if you do not need money, you are better of holding and not selling. The only people who got screwed by this deal are the shorts!! I believe most of the wise ones covered when the SP rose above &8.50 last week!!
I think the management deliberately played a game to jack up the share price from unreasonably low levels and introduced management perks to be obligated if the deal goes through so that it becomes easier for the lawyers to challenge the deal in the court under the argument that the management did it for self benefit!! Perhaps, the management tried to fool the Japanese!!! But, I will still offer my shares to Faruqui & Faruqui to be included in their lawsuit.
Read the Agreement with Estella and you will see that these five executives not only will get millions in bonus (prior to merger), options, the so-called "Golden Parachute" payments (on Dec 31, 2015) with no tax-withholding and other benefits (if terminated)!!! They have made themselves rich at the cost of shareholders whose cost per share is greater than $8.50 and holding for years!!! That is, it's a broad-light robbery!!! And, the crooks made it such that no shareholder approval is required to approve the deal!! Should this be not in violation of the rights of shareholders other than these crooks? EACH OF US SHAREHOLDERS MUST NOT OFFER HIS/HER SHARES TO ASTELLA AND MUST CALL ONE OF THE LAW FIRMS TO USE THE SHARES FOR CHALLENGING THE DEAL IN THE COURT. Please, I urge everyone of you to do this and not let these crooks get away easily filling their pockets at out cost.
You should keep sniffing glue and take deep breath to seek eternity in the hell!!
Oil lobby has wide shoulders; but, they are on a loosing streak due to newly powerful global warming lobby. The days for the Arabs and Saudis are being numbered now. Hydrogen-fuel technology should have a bright future. But, is it going to happen to-day? Of course, not!! So, the short lobby will try to make it like a falling star!!
It depends on what the date is set for stock-ownership by the judge if the case goes into a court and settled. However, if the deal is negated (most likely) or modified by the Japanese company as a result of another better offer, I am afraid you will not be treated as a shareholder because on the date of that revised offer you were not a shareholder. You certainly made a mistake after holding the shares for a long time. I had posted on this board my thoughts, soon after the deal was announced, stating that the deal was ridiculously low and that it appeared like a ploy by the management to force large pharmas to begin a bidding war or come up with partnership offers. If the management goes through the deal and. later, it's challenged successfully, forcing revision, you may have a chance. But, yes, you have to contact Faruqui to get a better idea.