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Post by selluwud on Nov 18, 2015 15:59:13 GMT
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Post by actcforme on Nov 18, 2015 16:56:14 GMT
Ocata's $379M acquisition leaves many small investors disillusioned
What really frosts me is referring to us as "small investors." I'm not stupid, I KNOW what they mean, compared to institutional investors and the corrupt managers and BOD, though in reality I personally know investors with WAY more shares than both of these and they're pissed.
I do NOT consider myself a "small" investor when one considers the ratio of risk to net worth. In those terms, I'm a sizable investor. I know others who are financially better off than I am, and they have a LOT more shares. It is all relative.
I get the whole "Don't invest in such a high-risk start-up biotech more than you can afford to lose" and we did not, but we would not be happy to lose nearly $200K from our portfolio. We own our home, are debt free and have other investments and want for nothing, and even stand to make a small profit at $8.50, BUT I know a lot of people way under water and that disgusts me that PW/LJ can come along and do this to those shareholders who kept the lights on in Bob's labs and his water cooler in place -- in less than two years and profit so nicely on the backs of the "small investors."
You saw from the article, people with Parkinson's and blood cancer who have had transplant, invested. Likewise, we increased holdings when we heard from Bob Lanza's lips that his cells could help multiple sclerosis. You may recall we lost my brother-in-law in May of this year at age 61 to multiple sclerosis. Many investors suffer the blinding diseases these cells can help. So how dare them, ALL of them, this author and more so Paul Wotten refer to us as the "small investors." Oh I know all about the caveats of not investing emotionally -- but news flash -- Going blind, having Parkinson's, losing loved ones to MS IS a very, very emotional thing, so don't tell me shame on investing in science that can help these conditions.
Karma is a bitch and PW and Jooste, Heffernan, et.al. will get their's some day.
Thanks for letting me vent...
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Post by goldencoin9999 on Nov 18, 2015 17:01:48 GMT
The writer did not talk to the right long investors, it does not reflect the outrage of long.
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Post by goldencoin9999 on Nov 18, 2015 17:07:12 GMT
cowards have done nothing to address shareholders. Chicken to hold cc before the announcement and not after.
Contacted for this story, Ocata’s management declined to comment on anything regarding the potential acquisition.
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Post by greatceasarsghost on Nov 18, 2015 18:28:42 GMT
cowards have done nothing to address shareholders. Chicken to hold cc before the announcement and not after. Contacted for this story, Ocata’s management declined to comment on anything regarding the potential acquisition. Can't comment when they're starting a bidding war!! |
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sunny
Junior Member
Posts: 57 
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Post by sunny on Nov 18, 2015 21:04:07 GMT
Don's article needs a lot of revisions, I wonder who the online editor is. I'm sure the MIT professor is Robert Langer not Lanza. Also isn't it funny that MAKO is Japanese for "Child of truth" Hmmm....
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