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Post by CM kipper007 on Nov 10, 2015 18:22:57 GMT
We do have a fairly rabid shareholder base, and once the tender offers are delivered to the shareholders, and depending on response, there might be the possibility of Astellas having to raise their price in order to insure success. As far as other BP offers, I am quite sure Paul has shopped the company around for some time, but one can wish and hope for competitive bids once the fear of loss and hope to gain emotions kick in. Fortune favors the brave, and I took full advantage of buying aggressively and on margin the few times the company fell into the 3's. Between my accounts and what I hold for my girls, we are a little over 80k shares, at an average price just north of $5. I am lucky enough to be profiting well into the six figures, but after the 9 years, time wasted and margin cost to get here, I am still an unhappy camper. That is amazing Verb. You should be happy with your fortune and celebrate today, and tomorrow and the next day. There's people out there that lost what you made.
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Post by CM kipper007 on Nov 10, 2015 18:31:29 GMT
Actually, I think masturbate on iCell has something:
Just kidding.
With 6 million shares traded this morning, if Astellas didn't grab them all, anyone short will have done so already.
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Post by runawaykinms on Nov 10, 2015 18:46:06 GMT
Why would you end up losing the $8.50? If you do nothing, and the deal actually goes through, you get $8.50. If it is cancelled, I suspect you will be glad you didn't take $8.50, I don't see why anyone would sell here?
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Post by asopfabl on Nov 10, 2015 19:04:35 GMT
Why would you end up losing the $8.50? If you do nothing, and the deal actually goes through, you get $8.50. If it is cancelled, I suspect you will be glad you didn't take $8.50, I don't see why anyone would sell here? Not enough shares are tendered, Astellas pulls the plug on the offer, no one else steps up to the plate for an offer, shares trickle back down to the 5's. Unlikely, but could happen. I personally don't believe this has been shopped around. I think there would have been more leakage (and insider buying) if that was the case.
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Post by greatceasarsghost on Nov 10, 2015 19:11:57 GMT
Not enough shares are tendered, Astellas pulls the plug on the offer, no one else steps up to the plate for an offer, shares trickle back down to the 5's. Unlikely, but could happen. I personally don't believe this has been shopped around. I think there would have been more leakage (and insider buying) if that was the case. I don't think you could buy if you knew news some coming.
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Post by CM kipper007 on Nov 10, 2015 19:14:40 GMT
Why would you end up losing the $8.50? If you do nothing, and the deal actually goes through, you get $8.50. If it is cancelled, I suspect you will be glad you didn't take $8.50, I don't see why anyone would sell here? Sorry, to be more accurate, can the $8.50 price target drift? When I said lose the $8.50, I meant is it possible that they could give us less?
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Post by CM kipper007 on Nov 10, 2015 19:16:22 GMT
Not enough shares are tendered, Astellas pulls the plug on the offer, no one else steps up to the plate for an offer, shares trickle back down to the 5's. Unlikely, but could happen. I personally don't believe this has been shopped around. I think there would have been more leakage (and insider buying) if that was the case. I don't think you could buy if you knew news some coming. That and Astellas are probably gifting the management team with their own shares.... lots of them.
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Post by imz72 on Nov 10, 2015 19:25:18 GMT
Not enough shares are tendered, Astellas pulls the plug on the offer, no one else steps up to the plate for an offer, shares trickle back down to the 5's. Unlikely, but could happen. I personally don't believe this has been shopped around. I think there would have been more leakage (and insider buying) if that was the case. I don't think you could buy if you knew news some coming. Maybe asopfabl means "buying based on inside information" (not necessarily by insiders). It's really suprising that there was no leakage of the news that could be reflected in the pps prior to today's announcement.
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Post by asopfabl on Nov 10, 2015 19:55:46 GMT
I don't think you could buy if you knew news some coming. Maybe asopfabl means "buying based on inside information" (not necessarily by insiders). It's really suprising that there was no leakage of the news that could be reflected in the pps prior to today's announcement. Yes, that is what I was indicating. If the company was truly up for sale and shopped around, which management should have done before agreeing to an offer, I think we would have seen a much larger volume and PPS increase. I think the offer came in, they negotiated with them on the details (keep certain employees on, shares of company provided, etc. etc.) and they moved forward with the approval and tender to shareholders. All in my opinion.
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Post by thechurchmaus on Nov 10, 2015 20:44:26 GMT
i think BP was and is stonewalling.this is the best outcome for them.eylea and avastin are not shaking in their boots because of a few tourists going to japan.i dont know why people think BP would cut off their gravy train.and that goes for regen med in general.trade masking symptoms for healing?who runs this world anyway?
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Post by thechurchmaus on Nov 10, 2015 20:51:05 GMT
with the cash on hand and whats coming in from the warrants they are paying closer to 6$ anyway.
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Post by johank on Nov 10, 2015 21:05:01 GMT
At first I thought Lanza would be PO'd about his hard-worked IP going to Japan, etc. However, as a scientist and researcher, he wants this medicine to advance and advance as quickly as possible. He has probably been so frustrated with management over the years, I wouldn't doubt that he has been pushing for this for a while. Today, he's happy (see quote from Knopfler's site), but it's been bittersweet for him.
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jak
Junior Member
Pic reflects current mood
Posts: 88
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Post by jak on Nov 10, 2015 21:49:06 GMT
A number of the US big pharma companies could sneeze 1 billion and get all the patents/IP and current trials. If they don't want to cannibalize their own drug markets they can bury everything in a dark room for a while or move slower than normal or offer the cure at higher prices. Safer, in my view, than trying to compete later and work around the existing patents portfolio against a much larger company than OCAT.
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Post by CM kipper007 on Nov 10, 2015 22:39:37 GMT
A number of the US big pharma companies could sneeze 1 billion and get all the patents/IP and current trials. If they don't want to cannibalize their own drug markets they can bury everything in a dark room for a while or move slower than normal or offer the cure at higher prices. Safer, in my view, than trying to compete later and work around the existing patents portfolio against a much larger company than OCAT. They could easily do that... but trading today was flat after the open. If they didn't do that in the 3's, then why would they now? Anything can happen, but today's trading for me says that Astellas has already made a substantial acquisition of shares and the promised shares for Ocat's management will be so big, it will be something I will probably never see in my lifetime. When Ted said he was waiting for life-changing 20-30's, he will have that now with his Astellas' stock. Balls.
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Post by actcforme on Nov 10, 2015 23:43:05 GMT
Hey Kip, do you mean "in2bate?" Too funny..... Actually, I think masturbate on iCell has something: Just kidding. With 6 million shares traded this morning, if Astellas didn't grab them all, anyone short will have done so already.
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Post by actcforme on Nov 10, 2015 23:44:36 GMT
The BIG loser here is Superfeed -- when Ocata goes away from iCell he will lose a LOT of money.
Karma is a bitch...
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Post by vzveteran on Nov 10, 2015 23:44:42 GMT
Hey patti, what's your take on all this?
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Post by actcforme on Nov 10, 2015 23:58:20 GMT
After the tone of that CC, it all comes together like a puzzle. That call was one of the worst in history.
Fortunately for us we will make a small profit. Hubby is glad to get out with a little profit, tired of this roller coaster ride. We are so lucky only 3.5 years compared to many, who are still way under water -- sad.
I am thoroughly disgusted with Paul/BOD disregard for the long shareholders who kept the lights on in their friggin labs and the water cooler in place.
I am not in favor of legal action. I would never be part of that and tie my money up. My neighbor did that for a biotech and it dragged out forever, and not sure he got a thing out of it.
I would be very surprised by a better offer from pharma, but would be pleasantly surprised of course.
It sounds like a done deal IMO.
I think Lanza not too disappointed, will stay on at Ocata as a "wholly owned subsidiary of Astellas."
I think Astellas is smart as hell to get this for the price they did.
I talked to Lou a long time last night. He said reading the Astellas web site, they wanted the MSCs, probably so impressed with the Tufts trials. I believe they will move same to IND WAY sooner than OCAT could have, making Lanza happy. And those will make eye programs pale in comparison, especially if they use on cancer.
It's been an interesting ride, and a mistake I will not make again, parking this much money in one stock, even if I was able to average down to about $7.20 a share.
Wish everyone the best. Lot of people gonna have a lot of time on their hands (lol)... I will not miss typing their repetitive (disingenuous) transcripts.
Keep in touch John.
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Post by selluwud on Nov 11, 2015 0:08:56 GMT
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Post by JHam on Nov 11, 2015 3:12:11 GMT
Maybe asopfabl means "buying based on inside information" (not necessarily by insiders). It's really suprising that there was no leakage of the news that could be reflected in the pps prior to today's announcement. Yes, that is what I was indicating. If the company was truly up for sale and shopped around, which management should have done before agreeing to an offer, I think we would have seen a much larger volume and PPS increase. I think the offer came in, they negotiated with them on the details (keep certain employees on, shares of company provided, etc. etc.) and they moved forward with the approval and tender to shareholders. All in my opinion. Even if they were getting low ball offers and realized sub $400M was the max they were going to get? Not saying your wrong, but no reason for insiders to buy since all they have to do is reset their options, imo.
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