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Post by JHam on Jan 6, 2016 21:45:42 GMT
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Post by vzveteran on Jan 6, 2016 21:49:14 GMT
Looks like he started accumulating the day after the offer came:
SCHEDULE II
INFORMATION WITH RESPECT TO
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)
SHARES PURCHASED AVERAGE
DATE SOLD(-) PRICE(2)
COMMON STOCK-OCATA THERAPEUTICS, INC.
GABELLI SECURITIES, INC.
1/05/16 2,100 8.3900
1/04/16 15,700 8.3335
12/31/15 10,950 8.4300
12/31/15 2,300 8.4264
12/29/15 3,500 8.4335
12/28/15 9,528 8.4293
12/24/15 300 8.4340
12/23/15 5,500 8.4272
12/18/15 27,050 8.4344
12/01/15 7,300 8.4750
GABELLI ASSOCIATES LIMITED II E
1/05/16 700 8.3900
1/04/16 5,700 8.3335
12/31/15 800 8.4264
12/31/15 3,800 8.4300
12/29/15 1,400 8.4335
12/28/15 3,400 8.4293
12/23/15 2,000 8.4272
12/18/15 9,600 8.4344
12/01/15 2,600 8.4750
GABELLI ASSOCIATES LIMITED
1/05/16 1,600 8.3900
1/04/16 12,800 8.3335
12/31/15 1,900 8.4264
12/31/15 8,500 8.4300
12/29/15 3,100 8.4335
12/28/15 7,700 8.4293
12/23/15 4,600 8.4272
12/18/15 22,300 8.4344
12/01/15 5,600 8.4750
GABELLI ASSOCIATES FUND II
1/05/16 1,200 8.3900
1/04/16 8,900 8.3335
12/31/15 1,300 8.4264
12/31/15 1,500 8.4300
12/29/15 2,400 8.4335
12/28/15 6,300 8.4293
12/23/15 3,800 8.4272
12/18/15 17,700 8.4344
12/01/15 4,800 8.4750
GABELLI ASSOCIATES FUND
1/05/16 2,500 8.3900
1/04/16 18,500 8.3335
12/31/15 2,700 8.4264
12/31/15 11,600 8.4300
12/29/15 4,300 8.4335
12/28/15 11,547 8.4293
12/24/15 200 8.4340
12/23/15 6,850 8.4272
12/18/15 32,500 8.4344
12/01/15 8,881 8.4750
GAMCO ASSET MANAGEMENT INC.
1/05/16 500 8.3900
1/04/16 2,500 8.3335
12/31/15 1,500 8.4264
12/31/15 7,750 8.4300
12/29/15 2,600 8.4335
12/28/15 6,300 8.4293
12/23/15 4,250 8.4272
12/18/15 18,650 8.4344
12/01/15 19,406 8.5350
12/01/15 7,250 8.4750
11/27/15 12,594 8.5350
11/24/15 10,000 8.5035
11/11/15 5,000 8.4636
11/10/15 8,000 8.4120
11/10/15 5,000 8.4250
11/10/15 118,500 8.4432
GABELLI FUNDS, LLC.
GABELLI VALUE PLUS TRUST PLC
12/24/15 10,000 8.4450
12/23/15 9,703 8.4550
12/22/15 297 8.4550
12/01/15 100,000 8.5250
11/24/15 13,868 8.5050
11/19/15 86,132 8.4750
THE GDL FUND
11/10/15 12,000 8.4120
GABELLI ENTERPRISE M&A FUND
11/10/15 6,000 8.4120
GAMCO MERGER ARBITRAGE
1/05/16 1,400 8.3900
1/04/16 11,200 8.3335
12/31/15 5,900 8.4300
12/31/15 1,600 8.4264
12/29/15 2,700 8.4335
12/28/15 7,300 8.4293
12/23/15 3,200 8.4272
12/18/15 20,700 8.4344
12/01/15 5,800 8.4750
GABELLI ABC FUND
12/17/15 251,226 8.4950
12/16/15 184,172 8.4950
12/15/15 604,602 8.4940
11/13/15 316,000 8.4750
11/10/15 44,000 8.4120
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Post by vzveteran on Jan 6, 2016 21:52:16 GMT
Would he drop almost 20m penny flipping on shares to tender and make a few bucks? Will he or can he arrange a private sale at a higher negotiated rate?
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Post by tunis on Jan 6, 2016 21:55:28 GMT
This is the major leagues when Gambelli invests....He doesn't mess around.
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Post by 06Hokie on Jan 6, 2016 21:57:41 GMT
Would he drop almost 20m penny flipping on shares to tender and make a few bucks? Will he or can he arrange a private sale at a higher negotiated rate? Just plugged it into Excel. $8.47 average gives him a $67,725 profit, less taxes and fees at $8.50. I've become such a cynic with this company, but feels like a lot of work to make what's almost no return at the tender amount. And since he was collecting since November, he would have made a move ahead of the December deadline if that was his intent? Pretty interesting. I own just 10 shares now, but I wish everyone holding on well with this development. |
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Post by elk on Jan 6, 2016 22:01:18 GMT
InvestorCom, Inc. handles "complex and contexted proxy campaigns.... AND aspects of special shareholder meetings." Makes me sick they are spending time and money on this instead of the trials. It is sad to face the possbility that when Wotton told us investors that Ocata would be “ruthless” in the pursuit of its goals he may have already been planning to carry that promise out at the expense of so many long term and loyal investors. Maybe or maybe not, in any case we can’t rule it out for Wotton. I would like to think we could rule out such an attitude with respect to Lanza and Langer. We know enough about them to have been convinced they almost always act on the basis of great intelligence and integrity. But that leaves us wondering and mystified about what has been happening with this Astellas offer. If it has been a sell out engineered basically by Wotton then what did Lanza and Langer know and when did they know it? And why have they gone along with it? If all involved feel it is the best way to get around severe road blocks put up by various Big Pharma tactics and influence (f.i. on the FDA, etc.) and, thus, to be able to get the incredibly promising treatments being developed to afflicted patients as fast as possible, then why are none of them (and especially, I think it is fair to say, Lanza and Langer) not just coming right out and directly making that point along with, if it is part of the deal, making it clear that it will also keep together Lanza and the incredible team he has built and led. And perhaps, as well, making the point that the changing regulation policies in Japan will also help? I would feel much better about what is happening if that were the case and it was being made. The fact that no one, including Lanza and Langer, are making it. Lanza has said “I am excited about the possibility of moving this early research into pre-clinical studies in the future.” but that could be interpreted in a variety of ways, for sure, and leaves open the possibility that even they are not fully certain about what is going to happen with respect to Lanza and his team including the very crucial issue of whether they will still have control over the direction of their ongoing research. For all we know from what has not been said by anyone, Astellas may be on a Big Pharma endorsed mission to essentially close down or severely slow down the Ocata advances until Big Pharma feels it has gotten a much better hold on how to profit from the coming new stem cell derived treatment era of medicine, in part by being able to minimize its disruptiveness to Big Pharma…..and basically doing so with the 1 finger salute or as Mel Brook’s 2,000 year old man intoned “Hooray for Cave 73 and everyone else can go to Hell.” |
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Post by 06Hokie on Jan 6, 2016 22:09:21 GMT
Do the teams at OCAT, Astellas or their cold calling cronies have wind of buys before 5% is reached? Wondering if they're blindsided by this filing, too.
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Post by actcforme on Jan 6, 2016 22:12:31 GMT
He did not "just" buy 5%, he started purchasing the day after the announcement, November 10th.
Boy is this getting interesting....
I would be interested to hear what jckrdu thinks of this?
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Post by harlem on Jan 6, 2016 22:19:44 GMT
Does Wonton report to heffernan==and heff would tell him what to do?? ty glta
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Post by vzveteran on Jan 6, 2016 22:21:25 GMT
Can Astellas make side deals for shares? I would think if Astellas makes a private bid for Gamco or any other large owner's shares, that would have to come out during discovery as part of the appraisal valuation, should we go to the Chancery Court no?
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Post by selluwud on Jan 6, 2016 22:30:00 GMT
These guys are smart, they know the tender will be raised and will cash in.
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Post by CM kipper007 on Jan 6, 2016 22:35:59 GMT
If anything, I bet Wotton just recently shit the bed.
Nice to know.
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Post by actcforme on Jan 6, 2016 22:41:29 GMT
www.gabelli.com/corporate/about_us.htmlOur Firm Since our organization was founded in 1976 as an institutional research firm, GAMCO has evolved into a diversified global financial services company offering an extensive range of investment capabilities. The driving force of our success has been our intense research-driven culture. The keys to our success are the same today as they were in 1976: a focus on fundamental bottom-up research, a consistent investment process and a commitment to generating superior risk-adjusted returns. Firm Highlights Founded in 1976 by Mario Gabelli Manage over $39.6BN in Assets as of 9/30/15 Intense Equity Research-Driven Culture Pioneered Private Market Value (PMV) with a CatalystTM Approach Consistently Applied Investment Discipline & Repeatable Investment Process Superior Risk-Adjusted Performance
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Post by actcforme on Jan 6, 2016 22:43:12 GMT
I am personally very excited about this development. These guys are definitely the real deal.
22,600+ shares still riding on this baby.... Vegas ain't got nothing on us!!! |
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Post by vzveteran on Jan 6, 2016 22:45:05 GMT
I wonder how the market will view this in the morning.
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Post by actcforme on Jan 6, 2016 22:53:34 GMT
I wonder how the market will view this in the morning. Sent you a PM... |
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Post by vzveteran on Jan 6, 2016 23:04:19 GMT
I wonder how the market will view this in the morning. Sent you a PM... right back to you Patti |
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Post by JHam on Jan 6, 2016 23:17:42 GMT
He did not "just" buy 5%, he started purchasing the day after the announcement, November 10th.
Boy is this getting interesting....
I would be interested to hear what jckrdu thinks of this?
Thanks for your astute correction Patti. You are really on top of things! Meant to write that they "just" filed a 13D showing 5% ownership. |
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Post by vzveteran on Jan 6, 2016 23:18:10 GMT
Looks like Astellas cannot make individual deals for shares: Stemd: www.law.cornell.edu/cfr/text/17/240.14d-1017 CFR 240.14d-10 - Equal treatment of security holders. § 240.14d-10 Equal treatment of security holders. (a) No bidder shall make a tender offer unless: (1) The tender offer is open to all security holders of the class of securities subject to the tender offer; and (2) The consideration paid to any security holder for securities tendered in the tender offer is the highest consideration paid to any other security holder for securities tendered in the tender offer. (b) Paragraph (a)(1) of this section shall not: (1) Affect dissemination under Rule 14d-4 (§ 240.14d-4); or (2) Prohibit a bidder from making a tender offer excluding all security holders in a state where the bidder is prohibited from making the tender offer by administrative or judicial action pursuant to a state statute after a good faith effort by the bidder to comply with such statute. (c) Paragraph (a)(2) of this section shall not prohibit the offer of more than one type of consideration in a tender offer, Provided, That: (1) Security holders are afforded equal right to elect among each of the types of consideration offered; and (2) The highest consideration of each type paid to any security holder is paid to any other security holder receiving that type of consideration. (d) |
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Post by CM kipper007 on Jan 6, 2016 23:21:48 GMT
He did not "just" buy 5%, he started purchasing the day after the announcement, November 10th.
Boy is this getting interesting....
I would be interested to hear what jckrdu thinks of this?
Thanks for your astute correction Patti. You are really on top of things! Meant to write that they "just" filed a 13D showing 5% ownership. So, if he started grabbing shares the day after the announcement, what does that tell us? For me I am thinking they are watching for tender offers in a bid to either up the offer, or at least make the $65,000 profit if it all goes through. I am not putting much hope on this as it wouldn't appear to me that Gabelli really knew about the company before. If if was interested in the product, then why didn't he acquire shares in the $3s and $4s? |
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