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Post by casualinvestor on Nov 10, 2015 14:45:14 GMT
However we end, it's been a heck of a ride. Good luck to all!
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Post by greatceasarsghost on Nov 10, 2015 14:44:57 GMT
I promise I am not trying to be an @$$, but most of iCell is grasping at straws. I guess I would be too if I spent a better part of a decade convinced I was obviously going to make millions and millions. Many there are complaining that this happened before any P2 data results were announced. When in my opinion, that is exactly why this likely happened now. Because OCAT knew they were not going to start (or be able to finish) P2 in the first place. It's also why some here did not get so excited over the SPA application announcement. There is a big difference between stating that you plan to apply for a SPA and it actually being a done deal. You know the 7 stages of grief right?
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Post by greatceasarsghost on Nov 10, 2015 14:49:26 GMT
Sometimes the second mouse never gets the cheese.
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Post by tacomafunk on Nov 10, 2015 14:49:35 GMT
wish hophead were here.
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Post by JHam on Nov 10, 2015 14:57:13 GMT
Maybe I should send him an honorary membership for a day
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Post by Wallace907 on Nov 10, 2015 15:06:13 GMT
little bit of a spread, anyone getting back in?
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Post by johank on Nov 10, 2015 15:07:28 GMT
How long was this in the works? I mean, why go through all the work to raise capital, blah, blah, blah and then sell it all? Must have happened in just recent months. And what are the chances that PW was at odds with the BOD? He jumped from decent employment at Antares to ACT. Could he have been working on this since the beginning? Would really like to hear from Lanza on this one. What does twitter have up?
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Post by tacomafunk on Nov 10, 2015 15:08:04 GMT
please free hophead (at least for the day).
pretty disappointed in this situation. always viewed this stock as an expensive lottery ticket, figuring it would either hit big or I would lose all of my relatively small investment. Only know about this stock as I have a relative who has SMD.
that said, it was the stock that I enjoyed following the most because of the constant arguments between the sides. I've only posted here a few times, but am thankful for the differing views offered compared to the (mostly) constant optimism of the other site.
once (if) the offer is completed, I'll probably move that money into Astellas since I believe in the science. Although, investing in a company with a $30B market cap is much less exciting than one with a $200M one.
if there is more to the story, it would be nice if it came out someday but I realize that's unlikely. Would be nice to know how long this deal has been in the works and what Wotton et al. have really been doing for the past 2 years besides failing an offer, changing the name and uplisting to NASDAQ. Pretty shameful that they awarded themselves bonuses last year. Hard to come away without feeling deceived by this management team.
Interested to see if Astellas drops the US trials or continues on.
Even if the Japanese government approves this therapy relatively quickly, I have to imagine the cost is going to be far beyond what most patients (outside of Japan) will be able to afford since insurance is unlikely to cover.
oh well, thanks for the entertainment.
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Post by elk on Nov 10, 2015 15:08:52 GMT
LOL! And now this just in, from Ceasar himself...: Hi Dave,
I am a Capitalist Pig, and I emphasized it from the very beginning. I am as surprised not by the offer, but the company that has made the first move, to offer a takeover of Ocata. Please note that this is my #2 Option that could happen. My number one is a JV. Obviously, my number one preference did not happen. But, I know exactly what to do, in the event that an acquisition happened,
I believe I understand the offer that Ocata's Board could not refuse. And, now we have new data points to consider that will allow me to understand exactly what has happened.
This was totally unexpected by most of the shorts, and many of our traders here at ICell. StemDynasty had been warning about this for at least a year, and now that it is here... then it is time for me to implement my next investment move.
As far as I am concerned, this is part of making money in the market. We should always be prepared to move on a dime. This is the best I can tell you at this time.
CDCMy god, Lanza woke up with a T-Rex head in his bed. But it's not there unless he is looking at it.
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Post by elk on Nov 10, 2015 15:09:42 GMT
Sometimes the second mouse never gets the cheese. Sometimes the second mouse gets eaten by the T-rex.
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Post by actcfan on Nov 10, 2015 15:17:26 GMT
I promise I am not trying to be an @$$, but most of iCell is grasping at straws. I guess I would be too if I spent a better part of a decade convinced I was obviously going to make millions and millions. Many there are complaining that this happened before any P2 data results were announced. When in my opinion, that is exactly why this likely happened now. Because OCAT knew they were not going to start (or be able to finish) P2 in the first place. It's also why some here did not get so excited over the SPA application announcement. There is a big difference between stating that you plan to apply for a SPA and it actually being a done deal. I know you feel as bad for the people who lost money on this as I do. I made a profit but not nearly what I expected and not nearly worth a decade of tying up money. I feel horrible as well for the people who were in this a long time and were out yesterday. Someone like jck who contributed so much to so many in this stock deserved to get this bump from $4.50 to $8.50. Sickens me that those people missed out. At the same time, we've been railing about how irresponsible the posts on the other board have been for years. Today is the reason why. So many people burned and/or blindsided by this. So many people bought the dream that I bought for a while myself - until rational posters like Rocky, jck, abr, jham, etc provided some balanced views. Sadly those balanced views were not allowed on the other board where so many are hurting today. Which is why it is sickening to see people like Caesar and StemD post how right they were about things. Honestly, it is disgusting. Their posts contributed to many people losing money, and they'll never see that. Now we sit and watch people blame everyone, from the FDA, the politicians, Lanza's health, everyone except themselves. Most people would have done well for their sanity listening to some contrarian posters and not blindly following a few eloquent writers that are horrible investors and obviously care little about any damage they could cause to others with their wild theories stated as fact. Also sickening to see corporate executives who are already pretty well off make a ton more money while screwing shareholders. I say screwing shareholders because they sold much of this same dream, not just Rabin but this current management. "Logrithmic jump", "huge inflection point", they all were selling the same bill of goods to shareholders. And they will get paid well for it while most shareholders will not. The whole thing is just sad really. Trying to find one silver lining here, I hope that at least the patients get this treatment faster if a big company can help push the trials to completion. This group wasn't getting it done, and they are probably celebrating in their offices as we speak.
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Post by harlem on Nov 10, 2015 15:18:14 GMT
imo mgt believed that retail investors would vote no to this but institutions would take a quick profit and mgt make a ton with the pps reset for them. we got screwed
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Post by selluwud on Nov 10, 2015 15:22:13 GMT
I want to throw a few people under the bus. Where are all the (I'd say idiots but defer to TOS) pro-management acolytes now that the PROXY item #2 share price re-set was supported and voted for. How does that crow taste today? StemV must be on fire.
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Post by actcfan on Nov 10, 2015 15:26:37 GMT
I want to throw a few people under the bus. Where are all the (I'd say idiots but defer to TOS) pro-management acolytes now that the PROXY item #2 share price re-set was supported and voted for. How does that crow taste today? StemV must be on fire. Yeah, I haven't mentioned his name but Stemvest might have been the worst. Nothing the company ever did was to be questioned. Ever heard of a successful investor who took that approach? It is insane. And even when he was wrong over and over again he never would admit it and just kept on spewing the same garbage.
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Post by harlem on Nov 10, 2015 15:29:47 GMT
I want to drive the bus
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Post by JHam on Nov 10, 2015 15:35:43 GMT
I promise I am not trying to be an @$$, but most of iCell is grasping at straws. I guess I would be too if I spent a better part of a decade convinced I was obviously going to make millions and millions. Many there are complaining that this happened before any P2 data results were announced. When in my opinion, that is exactly why this likely happened now. Because OCAT knew they were not going to start (or be able to finish) P2 in the first place. It's also why some here did not get so excited over the SPA application announcement. There is a big difference between stating that you plan to apply for a SPA and it actually being a done deal. I know you feel as bad for the people who lost money on this as I do. I made a profit but not nearly what I expected and not nearly worth a decade of tying up money. I feel horrible as well for the people who were in this a long time and were out yesterday. Someone like jck who contributed so much to so many in this stock deserved to get this bump from $4.50 to $8.50. Sickens me that those people missed out. At the same time, we've been railing about how irresponsible the posts on the other board have been for years. Today is the reason why. So many people burned and/or blindsided by this. So many people bought the dream that I bought for a while myself - until rational posters like Rocky, jck, abr, jham, etc provided some balanced views. Sadly those balanced views were not allowed on the other board where so many are hurting today. Which is why it is sickening to see people like Caesar and StemD post how right they were about things. Honestly, it is disgusting. Their posts contributed to many people losing money, and they'll never see that. Now we sit and watch people blame everyone, from the FDA, the politicians, Lanza's health, everyone except themselves. Most people would have done well for their sanity listening to some contrarian posters and not blindly following a few eloquent writers that are horrible investors and obviously care little about any damage they could cause to others with their wild theories stated as fact. Also sickening to see corporate executives who are already pretty well off make a ton more money while screwing shareholders. I say screwing shareholders because they sold much of this same dream, not just Rabin but this current management. "Logrithmic jump", "huge inflection point", they all were selling the same bill of goods to shareholders. And they will get paid well for it while most shareholders will not. The whole thing is just sad really. Trying to find one silver lining here, I hope that at least the patients get this treatment faster if a big company can help push the trials to completion. This group wasn't getting it done, and they are probably celebrating in their offices as we speak. Well said actcfan. I was also one of the dreamers and am extremely thankful for those who opened my eyes. The funny thing is, my detachment from ACTC/OCAT opened up a whole new world of potential money making opportunities. So while I know some are going to to be bummed about how OCAT turned out, hopefully they realize this is could just be the beginning for them if they want. I met a blind rat (ABR) in London a while back right after I got creamed with MGT (I am sure you'll remember that actcfan, lol). He told me; "Hey, everyone pays tuition one way or another". Lol, he was so right. I hope that some who are exiting OCAT now don't see this as the end of the world, but as an experience they can learn from for their investing future.
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Post by Whidbeygal CM 20/20 on Nov 10, 2015 15:37:10 GMT
I am a happy girl.
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jak
Junior Member
Pic reflects current mood
Posts: 88
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Post by jak on Nov 10, 2015 15:38:57 GMT
If the prior statements about big pharma knowing what OCAT was doing, and the partnering hints, and the value of the IP is real... we should see better offers from US companies. I will be surprised/disappointed if this IP goes to Japan. Common bidding war! This is peanuts!
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Post by ignorantsilver on Nov 10, 2015 15:41:17 GMT
I'm thinking maybe abledy can write another letter to Obama and stop the Japanese from taking our technology....lol
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Post by myocata on Nov 10, 2015 15:47:55 GMT
Could there be an other offer from a US company?
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