All I'm saying is take these SA "writers" with a big grain of salt.
They work from their homes at $29 an hour.
Doing a search one time SA had a hiring ad on line, hiring "article writers", do a search yourself, maybe they're hiring right now and maybe not. All they are is glorified Yahoo message board posters. Take a look at the AFFY Yahoo site and look at those SA "writers", from a few months back, and see just how unprofessional these clowns are. One of those "writers" is actually a regular poster on that message board.
Trust what those people say at your own peril.
Motley Fool the same thing.
NEW YORK (TheStreet) -- Two articles touting Galena Biopharma(GALE_) were removed from Seeking Alpha Monday because they were written by the same person using different aliases.
This is the second time Seeking Alpha has been forced to take action against individuals using multiple aliases to tout Galena, a small drug developer with a breast cancer vaccine in a phase III study. In January 2013, the investor Web site removed five articles promoting Galena written by the same individual under three different pseudonyms.
The most recent incident is more serious and potentially damaging because of evidence linking Galena to a stock-promotions firm which wrote and published the articles on Seeking Alpha. The articles were part of a broader, coordinated "brand awareness campaign" designed to boost Galena's stock price, according to a document obtained by TheStreet.
Aided by this promotional campaign, Galena shares tripled in value from this summer. Coincidence or not, Galena insiders have made millions of dollars by selling company stock in January.
Galena did not respond to phone calls and emails seeking comment.
In July 2013, Galena paid $50,000 to a subsidiary of The DreamTeam Group for 240 days of "advertising, branding, marketing, investor relations and social media services," according to a disclaimer on The DreamTeam Group's Web site.
[Update: Following publication of this story, DreamTeam Group removed the Galena compensation disclosure from its web site. Here is the screen shot disclosing Galena's payment to DreamTeam Group.]
Publicly traded companies routinely pitch their stock to new investors, but some of DreamTeam's marketing tactics appear to rese
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 $3 ?
STXS goes up in price STXSR will follow.
So if by some good grace STXS announces another country will cover the procedure......before Nov 21.
Well you should be able to figure that one out.
runk1120.....Where did you ever get the impression this was "free money"?
Did you interpret the word "rights" to mean "money" ?
At Schwab my account had the rights on Tuesday, I'm beginning to think it depends on the individual brokerage houses to get on the stick, and has nothing to do with STXS being negligent.
Call your broker and ask what's going on.
Or better yet , this was in the Oct 29 PR......A copy of the prospectus, or further information with respect to the rights offering, may be obtained by calling the rights agent, Broadridge Corporate Issuer Solutions, Inc., at (855) 300-4994.
Call the 855-300-4994 number, or at least give the number to where you do your trading, let them call.
Personally, myself, I would call Broadridge Issuer Solutions
But do you think post Nov 21, 2013 the STXS world ends ?
Can you even try and use just a scintilla of imagination and realize where STXS can go to ?
Don't sweat the very small (s)hit......look PAST Nov 21,2013.
Look at STXS as an INVESTMENT, not a hand of BLACKJACK !
Oh I didn't say he wasn't stupid, but stupid or not I've seen his type many times before, his redundant #$%$ is like you are reading something emanating from an echo chamber, and it piles up.
He's probably out on a ledge someplace, and there's a crowd of people down there hollering....JUMP JUMP JUMP !
In between his rants here.
And those two guys in the white outfits down there in the crowd......they ain't the Good Humor Ice Cream men.
I even heard The Price Is Right guy Bob Barker goes to these events, and he joins in with his.......COME ON DOWN !
Under a pile of distracting nonsense, so no meaningful positive discussion can go on.
This is a practice on many boards by stock bashers, believe it or not it discourages new buyers of the stock when they see this.
The bashers actually most of the time want the stock.....just at a lower price.
emeiemei........Stereotaxis could NOT care less who is trading STXSR back and forth, they get nothing from that, they ONLY get funds from when someone EXCERCISES those rights and buys the $3 stock.
I was told a long time ago, you can't make sense to a stupid person.....that's why they are called stupid.
Enough time has been wasted trying to make sense to you by now, you just insist on bashing the stock, but if you want any credibility at all you are going to have to move on to a more believable subject.
By the way.......what color is the sky in your world ?
emeiemei........Ease your mind and call your broker. You are totally confused on what you are saying.
When you sell a stock the funds do not go into your account until the settlement date, the SETTLEMENT date has nothing to do with when we got STXSR in our accounts. As SOON as it was in our accounts we could, if we choose trade it or excercise the rights and buy the $3 stock.
You are adding in A settlement date to when you think we get possession of the rights.
You are wrong on your thinking on that one.
Call your broker........they will TRY to set you straight on this.
frogtrainer Says......Having a cheerleader in a yahoo forum is not the way to build/increase confidence among shareholders. Neither is the mother of all insider selling during the spike to $10"
Hey frogtrainer.......how about showing us proof of your statement........" Neither is the mother of all insider selling during the spike to $10"............that's right......back up your BS with documentation of all the insider selling during the spike to $10 .
frogtrainer......Yeah right !
You've been non-stop bashing STXS and now you expect anybody to believe your lie ?
Stand by I'm going to highlight another lie in a previous post of yours.
I have to add to what I said,,,,,The volume it showed for STXSR pre ex-rights was the volume in STXS........divided by 3.
Nobody was actually trading STXSR pre ex-rights, it was just tracking STXS until the ex-rights date.
From the PR......"Between the record date and the ex-rights date, the rights traded together with the shares of common stock. The rights are listed on the NASDAQ Capital Market under the symbol "STXSR," and will continue to be so listed until the expiration of the rights offering."
Like when a stock goes ex-dividend the dividend is deducted from the stock price.
So from the record date to ex rights date the price of STXS and STXSR combined was the total of what STXS would be trading without the dividend rights. I don't think anybody was trading STXSR until the ex-rights date. The volume it showed for STXSR pre ex-rights was the volume in STXS.