I am invested in some other stem cell companies and a cancer immunotherapy co. NWBO
Being from Canada your market opens 12 hours earlier than Nasdaq
My theory is the whole sector has been kept down. Once one big deal is announced the whole sector will take off.
Call me untrusting but I think 4 or 5 big pharma have been negotiating with the stem cell leading companies.
Big deals wil be anounced almost simentanously.
The deals are going to be huge. Bigger that anything discussed here.
Example per indication is 500 mill to 700 mill upfront and 22 % of gross revenue.
Perhaps partner for Europe and keep USA for some indications.
More likely here might be a buyout offer on the cheap side say 5 billion. Thers still allot of retail investors here so big pharma could potentially succeed in a cheap buyout.
Just tonights thoughts after going out for some drinks with the wifey.
Good luck to my fellow dreamers and visionaries!
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