Nickel and dime daytraders couldn't care less if GERN could make gold from cow dung, they want that quick nickel or dime. This Mayo Clinic news couldn't be better. And don't forget it's not yet widespread news.
Just wait and see the reaction when it is.
"The real worry here is he might be overconfident about this company and his own capability"
"The real worry here"?
Who has that "real worry here" ?
he might be overconfident "his own capability"?
If you are long PACB (which I doubt) do a search on Dr. Michael W Hunkapiller , and then come back here........and question his capabilities.
Kinda get a clue, before you even think of putting a question mark anywhere near this man's capabilities.
I'd very much like to see, how many companies you can find, whose stock is in this price range.....with this man's qualities.
Then insults your intelligence telling you they are long the stock?
I have seen this on other message boards, then once in awhile they slip up and let it be known that they actually were long.....for a very short period, tried to daytrade, then got caught leaning the wrong way and got picked off (sold) with a quick loss.....and now have a vendetta against the stock, it's the stocks fault.
Who the hell bashes their own stock ?
Yes sir, we is all real dummies.
When STXS only has 11 Million share float.......how much does the basher think they could have possibly got more than 10 Million ?
Show me the math on that one please.
Considering they only have a float of 11 Million shares and it took 3 rights to buy 1 share, 10 Million sounds pretty damn good to me.
That means there was a lot of holders excercising those rights.
I'm wondering if it was individual holders, or institutions ?
Or a large position wanted to be acquired without doing it trading on the open market ?
This would guarantee a set price without daily buying bits and pieces, and possibly driving the price higher while doing so?
A large buyer could have done it by buying all those STXSR and then excercising them.
Kind of interesting, I'm going to live and learn from this one.
Experience is the best teacher.
Well his telling comment was......"but anyone with half a brain knew that was #$%$".
He is qualifying himself for his opinion, because as he put it , all is needed is a "half a brain" ....requirement.
And the profanity bolsters his point, he's got the half a brain needed to work for this firm and shoot out some cussing opinions.
Probably was doing a little snorting as he was writing.
I guess the CEO noticed what you were saying about it taking a lot of guts to hold 10K of PACB.....and went and bought 20 times as much.
So I wonder if it was guts.......or .....he just knows something.....you don't?
Do ya think that's possible?
I sold mine yesterday, not thinking I divided what I had by 3, and came up with 3,333, so that's what I sold, then I see I still have 6,667 left......and I'm thinking.....huh?
Then I realize I only divide by 3 if I'm exercising the rights.
That would have been a pretty good bonus if would've sold them immediately the first day I could've, still not too bad though.
Now the stock will take off for sure......because I didn't exercise the rights.
I'm glad this is soon behind us.
This is going to be interesting to see what happens.
Then something doesn't make sense, why does Schwab and ETrade require action by the 19th when the date required by STXS to exercise the rights is the 21st ?
I wonder how many holders are aware of this ?
I get a lot of junk email everyday, and the one from Schwab informing me of the 19th date was buried in a pile of it. Sometimes I don't look at my email for days, especially on a week-end.
At Schwab to take action on the rights. Was that the same at other brokerages ? I got this email a few days ago.
"Notice of Rights Exercise Offer - STEREOTAXIS INC 13RTS Our records indicate that you hold right(s) of STEREOTAXIS INC 13RTS in your account. This security is subject to a(n) Rights Exercise Offer, which requires that you take action by November 19, 2013, 7:00 p.m. ET."
I'm talking about having to pay for the rights, holders of the stock pre Nov 1 got them for free in our accounts, how can they force anybody to pay for something they didn't ask for ? This pay4playu2 guy is totally talking from his hind end. If someone buys STXSR post Nov 1, of course they have to pay for them.......because they bought them. The free ones given to holders pre Nov 1 are exactly that........FREE ! To convert the FREE rights to $3 stock we have to pay $3 for the shares. For every three rights we can buy one share of $3 stock.
ryanstarxx Don't waste time with this guy, he obviously does not know about the rights received to pre Nov 1 holders.
A Johnny come lately that now has all the answers.
I called Schwab and they told me if you want to excercize your rights and buy the $3 stock just call them and they will do it.
It's no big deal, nothing complicated about it.
At least that's the impression they gave me.
I've been in the market since 1965 and this is the first time I've been involved in a rights deal also.
"Excellent point, very often overlooked"
There are a lot of Excellent points overlooked by the video game generation in this stock.
Like for example.......what if something very positive happens between now and Nov 21 ?
Like possibly another country covering the procedure ?
Or a huge partner comes on the scene ?
Or a possible buyout ?
The nickel dimers look at the pennys, and don't even consider the big picture at all.
I personally will be glad when they're gone and we don't have to explain every confused interpretation that they have.
You get one right for each share you have, but it takes three of them to buy one share of stock for $3.
ryanstarxx.....In answer to all your questions in your post, very simply put, after Nov 21, if you do not excercise your rights, or sell them they, will be worth ZERO.
After the Nov 21 deadline STXSR will no longer exist. If you read the press releases regarding the rights, it clearly states what will happen.
After Nov 21 whatever STXS does will have nothing at all to do with the non existant STXSR.
And the cost of the rights will track the price of the stock, Think about it, if for some reason STXS went to $20 before Nov 21, would you be willing to sell your rights to somebody for thirty cents, so they could buy a $20 stock for $3 ?
STXS goes up in price STXSR will follow.
So if by some good grace STXS announces another country will cover the procedure......before Nov 21.
Well you should be able to figure that one out.
runk1120.....Where did you ever get the impression this was "free money"?
Did you interpret the word "rights" to mean "money" ?
At Schwab my account had the rights on Tuesday, I'm beginning to think it depends on the individual brokerage houses to get on the stick, and has nothing to do with STXS being negligent.
Call your broker and ask what's going on.
Or better yet , this was in the Oct 29 PR......A copy of the prospectus, or further information with respect to the rights offering, may be obtained by calling the rights agent, Broadridge Corporate Issuer Solutions, Inc., at (855) 300-4994.
Call the 855-300-4994 number, or at least give the number to where you do your trading, let them call.
Personally, myself, I would call Broadridge Issuer Solutions