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Post by selluwud on Jan 2, 2015 15:30:26 GMT
Nice work JHam / all. Incredible volume... over 8 million shares (over half the float) traded over $7 today. While a pullback of some kind wouldn't surprise me, over half the float is now owned by shareholders who purchased at over $7. That should provide some support. Very good points Jckrdu. It is coming back to earth, but I do believe a new base will form between $5.50-6.00. If someone would have told me that 2 hours ago I would have taken it any day of the week. 8M shares traded which is 81x the daily average of Wednesday or 121M share pre-split. I don't know what to say. It is not every day that you see that. Is it irrational herd exuberance or is there something we don't know about on the horizon?
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Post by RLC on Jan 2, 2015 15:34:05 GMT
Very good points Jckrdu. It is coming back to earth, but I do believe a new base will form between $5.50-6.00. If someone would have told me that 2 hours ago I would have taken it any day of the week. 8M shares traded which is 81x the daily average of Wednesday or 121M share pre-split. I don't know what to say. It is not every day that you see that. Is it irrational herd exuberance or is there something we don't know about on the horizon? I'm thinking it's the former, but hoping it's the latter...
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Post by lcd on Jan 2, 2015 15:58:01 GMT
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Post by JHam on Jan 2, 2015 16:13:50 GMT
12M shares have traded. There is a chance they will trade the entire float before the end of the day...what does that mean?
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Post by lcd on Jan 2, 2015 16:20:00 GMT
12M shares have traded. There is a chance they will trade the entire float before the end of the day...what does that mean? At 13.5 million now and price is rising again. I wonder how often in stock market history companies have had their entire float traded in a day? It must be a pretty rare event.
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Post by RLC on Jan 2, 2015 17:01:44 GMT
Just about the entire outstanding share base has traded hands today. I never see this happen. The CC is early in the AM on Monday so anyone wanting to get in before any possible announcement will have to do so today or early pre market on Monday. I wouldn't be surprised to see us in the $8's again before day's end.
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Post by JHam on Jan 2, 2015 17:44:58 GMT
Coming up on 17M shares traded, lol. By the way, the high of the day so far, $8.47, would have been $.564 pre-split.
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Post by dayanand33 on Jan 2, 2015 20:03:23 GMT
Just about the entire outstanding share base has traded hands today. I never see this happen. The CC is early in the AM on Monday so anyone wanting to get in before any possible announcement will have to do so today or early pre market on Monday. I wouldn't be surprised to see us in the $8's again before day's end. This could be an indication of Institutional Buying.
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Post by JHam on Jan 3, 2015 1:24:16 GMT
Just about the entire outstanding share base has traded hands today. I never see this happen. The CC is early in the AM on Monday so anyone wanting to get in before any possible announcement will have to do so today or early pre market on Monday. I wouldn't be surprised to see us in the $8's again before day's end. This could be an indication of Institutional Buying. That is also what I have been thinking. I don't see how it could not be. 24M shares traded today, or 1.5x the float. It can't be all retail. The fact that it ended today in the $7s is a very good sign in my opinion. I thought it would drop back down into the mid $6s. Like I said earlier, I was just hoping we could get to $5 today, so ending the day above $7 is obviously a very pleasant surprise.
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Post by JHam on Jan 3, 2015 1:37:27 GMT
Fiorino commented on the recent uptick. Says no deal is in place and thinks it is just due to anticipation of Phase 2a data: www.streetinsider.com/Management+Comments/Brainstorm+Cell+Therapeutics+%28BCLI%29+CEO+Fiorino%3A+No+Deal+Percolating+to+Explain+Stock+Move/10130153.htmlBrainstorm Cell Therapeutics (BCLI) CEO Fiorino: 'No Deal Percolating' to Explain Stock Move Brainstorm Cell Therapeutics (NASDAQ: BCLI) CEO Tony Fiorino commented on the recent move higher in his company's stock. The exec spoke with Bloomberg during an interview Friday. In part, Fiorino said there are no deals percolating to explain the stock move. He believes investors are buying the stock in anticipation of a conference call Monday about results of NurOwn Phase 2a in ALS. While Brainstorm isn't currently partnered on NurOwn for ALS, Fiorino said we try to be active in letting potential partners now of progress being made with the drug. Brainstorm ended Q3 with $10.6 million in cash/cash equivalents and short-term deposits. Fiorino sees cash burn at about $2 million per quarter and has no immediate plans to raise financing. Fiorino sees U.S. phase 2 study completing enrollment by the middle of 2015 with data out in 2016. Shares of Brainstorm have risen 110 percent over the last two trading sessions.
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Post by JHam on Jan 3, 2015 6:29:09 GMT
Thinking out loud here. Even though I do think this company is worth every penny of the current $114M market cap, I do feel that there is a good chance it could dump back down into the $5s on Monday or shortly after. Seeing the amount of pumpers that have flooded Yahoo in the past two days, there undoubtedly are a lot of new traders running in for a quick flip. After reading Fiorino's comments that there is nothing else going on behind the scenes and that the data is pretty much along the lines of interim data, I am a bit hesitant now to think that Phase 2a data alone would cause this much of a jump.
So anyway, we'll see. I will be listening to the call on Monday. If there is nothing much new and it is still trading in the $7s, I will likely dump another big chunk of my shares with the thinking that I will be able to buy back again in the $5s later on. It would be amazing if a new base has formed in the $7s, but unless there is new news on the call, I don't see it holding. Like I said yesterday though, two days ago I was praying that we could touch the $5s. The fact that we are talking about $7 and $8 now is like a wild dream. I don' want to get too far away from BCLI since I think there is a lot of potential here, but there are some other stocks I am interested in all with upcoming catalysts that i don't want to miss.
2015 is going to be the year of taking profits when I can and not looking back for me. Sitting and waiting for the huge homerun instead of taking advantage of 40-50% unrealized gains has not worked well in the past. Thanks for letting me ramble. Good luck to all of us!
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Post by lcd on Jan 3, 2015 14:15:21 GMT
I agree 100% JHam. I think there will be a selloff Monday but since I already took some profits I might sit tight if they hint at upcoming catalysts. I might even buy some back if it plunges back towards sub-5.
I learned the hard way (by losing real money) from ACTC that it rarely works to buy and sit on shares of early phase biotechs. If I can lock in on 10% to 50% profits, that is much smarter than waiting for that dream 20x homerun.
Good luck to us all!
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Post by selluwud on Jan 3, 2015 14:18:10 GMT
unless you sell premarket monday, selling at the open will be hard to make the same profit as selling Friday. that is unless the press conference blows everyone away, which i find unlikely.
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Post by JHam on Jan 5, 2015 12:00:26 GMT
Never in my life have I ever seen a stock get pumped so much or a data release anticipated so much. The Yahoo board has gone from 4 or 5 regular posters to compete chaos and new threads created every minute. Most of them garbage. There are a ton of new articles coming out too talking about the anticipation of good data, setting the stage for a big let down. That said, it is back up to $8 pre-market.
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Post by RLC on Jan 5, 2015 12:26:00 GMT
Never in my life have I ever seen a stock get pumped so much or a data release anticipated so much. The Yahoo board has gone from 4 or 5 regular posters to compete chaos and new threads created every minute. Most of them garbage. There are a ton of new articles coming out too talking about the anticipation of good data, setting the stage for a big let down. That said, it is back up to $8 pre-market. Ya I just sold another chunk at $7.83 in pre-market trading leaving me with about 20% of my original investment. I have a good feeling we'll see a nice pullback after the call. In the event something truly groundbreaking happens, I'll still have a decent amount at play. I'm going to be able to listen to at least 30 minutes of the call, but depending on how long it runs will likely not be able to hear the whole thing. I'll pop back in here to give my 2 cents and hear some feedback later in the day. GLTA!
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Post by JHam on Jan 5, 2015 12:38:57 GMT
Never in my life have I ever seen a stock get pumped so much or a data release anticipated so much. The Yahoo board has gone from 4 or 5 regular posters to compete chaos and new threads created every minute. Most of them garbage. There are a ton of new articles coming out too talking about the anticipation of good data, setting the stage for a big let down. That said, it is back up to $8 pre-market. Ya I just sold another chunk at $7.83 in pre-market trading leaving me with about 20% of my original investment. I have a good feeling we'll see a nice pullback after the call. In the event something truly groundbreaking happens, I'll still have a decent amount at play. I'm going to be able to listen to at least 30 minutes of the call, but depending on how long it runs will likely not be able to hear the whole thing. I'll pop back in here to give my 2 cents and hear some feedback later in the day. GLTA! Smart move selling some pre-market. Even if it does go higher today, most of us here have a cost basis in the $3s and 4s so selling in the high $7s is an outstanding profit and something to be extremely happy about. I will be able to listen to the entire call and will do my best to do a play by play for those who can't. We should see a PR in the next 25 minutes I would imagine.
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Post by RLC on Jan 5, 2015 13:18:13 GMT
It looks like many are trying to take some profits right before the CC. The PPS has dropped about 10%-15% in the 30 minutes leading up to the event.
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Post by RLC on Jan 5, 2015 13:19:03 GMT
It looks like many are trying to take some profits right before the CC. The PPS has dropped about 10%-15% in the 30 minutes leading up to the event. Make that almost 20%....
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Post by JHam on Jan 5, 2015 13:21:00 GMT
It looks like many are trying to take some profits right before the CC. The PPS has dropped about 10%-15% in the 30 minutes leading up to the event. I just sold another 1/3 of my shares at $7.75. Left with 1/3 of my original position. I may sell the rest at openin bell and re-establish a new position after everything settles down.
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Post by RLC on Jan 5, 2015 13:23:33 GMT
It looks like many are trying to take some profits right before the CC. The PPS has dropped about 10%-15% in the 30 minutes leading up to the event. I just sold another 1/3 of my shares at $7.75. Left with 1/3 of my original position. I may sell the rest at openin bell and re-establish a new position after everything settles down. Smart move! The PPS has really been all over the place in the last 10 minutes or so...
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