now now, you are being a bit negative. If something happens no matter how little the sharks smell blood and the stock will take off just like it did in May before the insiders found out that they were going to have an offering then short sold to protect their position.
like you are useful ? You really know all about a stock that has gone down 75% and increased its share count to 54million shares in the process.
When I called the IR and he called back I discussed my opinion for whatever it is worth, probably not much
He basically said that the new owners of the 2 a share offering are not putting their money in this just for their health. Get it? LOL
what do you mean no more news for 2 more years????? What news have we had so far that was positive.
I would be happy if there were any kind of good news, period.........
No one makes any contributions so how can you help when a stock declines 75% of its value unless you are a short seller?
He only likes making money when it is headed south. No upside for him only downside.
Are you blind? The stock is going up now and you are not long. If you had bought this morning at 190 you would be making 17c or 8 percent
Is that not good enough for you?
maybe his is taking pain pills
you seem to be such an expert on this company. Were you an employee at one time? Do you have a PHD in biochemistry or something like that?
So what did he actually do?
Was it easy money today?
cant hedge. not much open interest. Your talking 12 million shares
this is not that big of stock to hedge.
My pain in the a@# my question to you is I could go short here I have enough to get 50k shares either way long or short. Now if I short and it drops to 85c then I would make 50k guaranteed according to you.
If I wait and go 100k at a dollar a share and it goes to 2 or 3 I could make a bundle.
So many are negative on the stock that the prospects for CLBS achieving any positive results look bleak. A month ago the stock peaked at 3.45 a share and the shorts pounced on that price gaining an unbelievable 1.6 a share. 10k shares at 3.45 would be a 16 k profit in short order. So far the smart investors are the short sellers. that are making all that moola
7 months later it is selling at 1.84 a 75% decline.
For some reason that don't look to good for the longs that have been holding this stock for over 2 years. But the shorts come out smelling like a Rose.