Advanced Cell Technology Announces Technique to Generate Human Embryonic Stem Cells that Maintains Developmental Potential of Embryo; Approach Published in Nature
Advanced Cell Technology, Inc. (OTCBB:ACTC) today reported that company scientists have successfully generated human embryonic stem cells (hES cells) using an approach that does not harm embryos. The technique is reported in an article appearing online (ahead of print) in the journal Nature. The article describes a method for deriving stem cells from human blastomeres with a single-cell biopsy technique called Preimplantation Genetic Diagnosis (PGD). This technique is used in in vitro fertilization (IVF) clinics to assess the genetic health of preimplantation embryos. The cell lines produced using this technique appear to be identical to hES cell lines derived from later-stage embryos using techniques that destroy the embryo's developmental potential. ACT had previously reported the successful use of a similar technique in mice in Nature in October 2005.
"Until now, embryonic stem cell research has been synonymous with the destruction of human embryos," stated Robert Lanza, M.D., Vice President of Research & Scientific Development at ACT, and the study's senior author. "We have demonstrated, for the first time, that human embryonic stem cells can be generated without interfering with the embryo's potential for life. Overnight culture of a single cell obtained through biopsy allows both PGD and the development of stem-cell lines without affecting the subsequent chances of having a child. To date, over 1,500 healthy children have been born following the use of PGD."
Current technology derives hES cells from the inner cell mass of later-stage embryos known as blastocysts, destroying their potential for further development. ACT's approach generates human embryonic stem cells from a single cell obtained from an 8-cell-stage embryo.
To create hES cell lines, the researchers used single cells obtained from unused embryos produced by IVF for clinical purposes. Nineteen stem-cell outgrowths and two stable hES cell lines were obtained. These cell lines were genetically normal and retained their potential to form all of the cells in the human body, including nerve, liver, blood, vascular, and retinal cells, that could potentially be used to treat a range of human diseases.
"One of the major ethical objections of those who oppose the generation of human embryonic stems cells is that all techniques, until now, have resulted in the destruction of the embryo," stated Ronald Green, Ph.D., Director of Dartmouth College's Ethics Institute and Chairman of ACT's Ethics Advisory Board. "This technique overcomes this hurdle and has the potential to play a critical role in the advancement of regenerative medicine. It also appears to be a way out of the current political impasse in this country and elsewhere."
"Our policy will be to work together with the scientific community to make new lines widely available for research," stated William M. Caldwell IV, CEO of ACT. "Our ability to create human embryonic cell lines and therapies without harming the embryo should assuage the ethical concerns of many Americans. We look forward to potentially working with partners to produce significant medical benefit through the use of this technique."
"While the continual advancement of science may, from time to time, appear to influence the political debate over human embryonic stem cell research, there are a host of good reasons to continue to allow and fund responsible and well-regulated embryo research, which may speed therapies to the bedside and improve reproductive medicine," said Michael D. West, Ph.D., President and Chief Scientific Officer of ACT.
Other ACT scientists who contributed to this paper include Drs. Irina Klimanskaya and Young Chung (co-equal first authors), Sandy Becker, and Dr. Shi-Jiang Lu.
About Advanced Cell Technology, Inc.
Advanced Cell Technology, Inc. is a biotechnology company applying embryonic stem cell technology in the emerging field of regenerative medicine. The company operates facilities in Alameda, California, and Worcester, Massachusetts. For more information about the company, please visit http://www.advancedcell.com.
Forward-Looking Statements
Statements in this news release regarding future financial and operating results, future growth in research and development programs, potential applications of our technology, opportunities for the company and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: limited operating history, need for future capital, risks inherent in the development and commercialization of potential products, protection of our intellectual property, and economic conditions generally. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in the company's periodic reports, including the report on Form 10-QSB for the quarter ended June 30,, 2006.
Forward-looking statements are based on the beliefs, opinions, and expectations of the company's management at the time they are made, and the company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.
Media: Financial Dynamics Robert Stanislaro, 212-850-5657 or Investors: The Investor Relations Group James Carbonara, 212-825-3210
Source: Business Wire (August 23, 2006 - 1:01 PM EDT)
watching this, next dip, if there is one, i am in... this will blow up on the news tonight I bet... people will want in tomorrow...
Posted by Repoman75 on :
Dipping now as ARCA dumps some shares.
Posted by Repoman75 on :
CNN coverage... holy smokes, this is going to make for a great weekend. First HOKU, now this!
wow, this will be major when folks catch on, NY times and CNN!!!
Posted by stockdealer on :
you getting back in or what?
Posted by skip on :
I'm in, this will run for a couple of days on this. This is a major breakthough on a highly sensitive ethical issue. PR was issued an hour ago and already the AP, CNN, and NY Times have covered it...
Posted by Repoman75 on :
Dip over, moving back up.
Posted by Repoman75 on :
25K bought at $1... whoa.
Posted by Repoman75 on :
$1.10!
Posted by bksundar on :
1.16
Posted by stockdealer on :
I couldn't get in would u still buy?
Posted by Repoman75 on :
I would now... it's dipping again.
Posted by Repoman75 on :
Guaranteed gap... this will close at or over 1.50
Posted by stockdealer on :
they kept shuting me out
Posted by doling2005 on :
great find here guys..in on dip at 1.06 so I hope she holds up!
Posted by tompom on :
CRAZY !! obviously left the party too early...
Posted by BLACKBEARD on :
GIVE ER A GALLON
Posted by Repoman75 on :
This will hit $2.00 by tomorrow I think... then, who knows? Watch the news tonight.
Posted by bksundar on :
With this kind of news, it will reach its previous high of 2.38
Posted by Repoman75 on :
Another dip for those who want in... basically, this could lead to the growth of replacement organs AND the repair of diseased genes....
Posted by BLACKBEARD on :
i don't know man but $2.38 seems cheap really , this is history changing news, on sept 22 1997 ibm went from 5 to 105 , and that was just a computer chip er sumthin.
Posted by doling2005 on :
I show a year high of 2.95 let's get there tomorrow
Posted by Repoman75 on :
45 minutes to get in for the ENORMOUS morning gap.
Posted by bksundar on :
Sorry you are right 52 week high is 2.95 But that is nothing compared to the SUPPLY/DEMAND ratio for this share after this kind of ground breaking news...
Posted by stockdealer on :
they finnally let me in at 1.20 but I was trying to get in at 70 cents and scottrade wouldn't let it go through
Posted by bksundar on :
I too got in at 1.20 but with this kind of news, I am not too worried for a week or so
Posted by Repoman75 on :
Worried? We're going to close at 1.75 or better.
Posted by skip on :
this is the front news story on msnbc.com, fox news, it's on CNN, wow!!!
Posted by bksundar on :
WHO IS GOING TO PREDICT TODAY'S HIGH ?
Posted by Repoman75 on :
1.75 close
Posted by mnvestor on :
ST wont allow buys, anyone else having issues?
Posted by maxdog on :
ST wouldn't allow my last one either.
Posted by Repoman75 on :
Maybe they are short?? Muahahaa.
Posted by Repoman75 on :
14K bought, dip over.
Posted by skip on :
HUGE gap and run tomorrow, this is MAJOR international news, will be all over the TV tonight...big boys will see it's low price and will go in big!!!
Posted by Repoman75 on :
Close at 1.75, gap and open at 2.20 tomorrow.
Posted by doling2005 on :
this is a rare find..
Posted by ctguy13 on :
I'm in!!!!! Hello everyone!
Posted by 10of13 on :
Wow...congrats guys....remember..take profits and don't be greedy...yeah right...LOL
Again Congrats!
Posted by tompom on :
i would say this was a good call then? yeah, thx i know it was glta
Posted by skip on :
quote:Originally posted by doling2005: this is a rare find..
very rare down here, I have never seen anything like this at this level...
Posted by stockdealer on :
yeah if I new were u lived tom I'd take u out to eat or something in a non homsexual way not that theirs anything wrong with that
Posted by Repoman75 on :
Tompom, do you like cigars?
Posted by doling2005 on :
Looks like the all time high is near $8...let's get back there! Oh yeah we're not supposed to get greedy Posted by stockdealer on :
scottrade still won't let u buy or what cause I'm having problems
Posted by Repoman75 on :
Holy sheet... if this is right, it's the perfect storm...
Your order was not accepted. Funds are not available for this transaction of a non-marginable security.
Posted by doling2005 on :
I think it's worth a call to ST to see what they say
Posted by Fuzzy1018 on :
damnnnnnnnnnnn
Posted by doling2005 on :
quote:Originally posted by RagingBull: MY AMERITRADE SAYS
Your order was not accepted. Funds are not available for this transaction of a non-marginable security.
Lower your order to the cash you have on hand
Posted by Fuzzy1018 on :
$2 or higher for close and $2.5 for open tom.
Posted by skip on :
This might hit $2 by the EOD...
Posted by ctguy13 on :
This is on YAHOO's main page!!!! (YAHOO DOT COM)
Posted by stockdealer on :
I still have 1500 but I sold off my other 1500 at 1.60 I should have held on
Posted by Repoman75 on :
12K in from .73... definitely not selling until tomorrow at least.
Posted by ctguy13 on :
OUR NEWS can be found on....
FOXNEWS.COM MSNBC.COM YAHOO.COM CNN.COM/HEALTH NEWSWEEK.COM GOOGLE NEWS!!!!!!
HOLY CRAP!!!!!
Posted by doling2005 on :
average volume 95k, we're over 6 million here and I bet this is over 12 million tomorrow
Posted by BLACKBEARD on :
UUUUUMMMMMMM weeee
Posted by Fuzzy1018 on :
there's no stoppin'- news is too huge
Posted by Repoman75 on :
Can someone let the .10 and under people know?
Posted by ctguy13 on :
I will keep researching where our news can be found!!
Posted by bksundar on :
This stock truly reflects the heading : HOT STOCKS FREE FOR ALL !!!
Posted by doling2005 on :
This is Nasdaq NYSE level news
Posted by osoaz on :
Sweeeeeet!!!
Posted by RagingBull on :
DAMN i JUST CALLED i made a ACH DEPOSIT AND IT TAKES 3 DAYS TO clear to trade marginable securites so first thing tomorrow morning ill be able to doit
Posted by ctguy13 on :
OUR NEWS can be found on (updated list!!!)....
FOXNEWS.COM (main page) MSNBC.COM (main page) YAHOO.COM (main page) CNN.COM/HEALTH NEWSWEEK.COM (main page) REUTERS.COM (in their news section) ABCNEWS.COM (main page) GOOGLE NEWS (main page)!!!!!!
Posted by Repoman75 on :
Last dip of the day....
Posted by stockdealer on :
i don't get it they said no then let me now I can't get in again
Posted by ctguy13 on :
Today's close should be sick!
Posted by doling2005 on :
stockdealer this dip is for you...
Posted by Fuzzy1018 on :
i can't believe we're actually havin' a dip her
Posted by J_U_ICE on :
here we go again
Posted by stockdealer on :
there not letting me in what ever I still have 1500
Posted by Repoman75 on :
Daytraders left I think.... no end of day selloff now.
Posted by ctguy13 on :
Put your seatbelts on!!!!
Posted by stockdealer on :
well boys what a day whats next?
Posted by Repoman75 on :
40K bought at 1.86... big boys loading up for the gap now.
Posted by doling2005 on :
We hit the Boston Globe!
Posted by Repoman75 on :
Close around 1.75, like I said... then gap at 2.20 in the morning.
Posted by Fuzzy1018 on :
perfect opportunity to get in now, before a major gap up in the mornin' IMO
Posted by stockdealer on :
up more tommorow you think?
Posted by doling2005 on :
Spoke with ST, said it is on a restricted stock list, only can only sell online, but through broker
Posted by RagingBull on :
im not wishing for a dip whatever happens happens but if I were u guys i would be buying here
Posted by ctguy13 on :
Gonna watch CNN tonight to see if we are mentioned!
Posted by Fuzzy1018 on :
crazy dip
Posted by stockdealer on :
coming down here would be great to buy wish I could
Posted by skip on :
Flipped this once below $1, and just flipped again for a darn good profit for me...might buy back in for the probable gap tomorrow...great find tom! thanks!
Posted by Repoman75 on :
Here's the EOD run now.. daytraders gone.
Posted by ctguy13 on :
I've been waiting for a stock like this!
Posted by doling2005 on :
This will look cheap tomorrow IMO
Posted by cpeed on :
Tom, thanks for the heads up on this one... Like others have said, I owe you
Posted by RagingBull on :
somebody needs to make a list of all stem cell research stocks I think thanx to this news we're going to have lots of plays this week
Posted by stockdealer on :
I had already owned STEM it's a stemcell company and it is up 10% right now
Posted by ctguy13 on :
4 minutes!
Posted by tompom on :
np glad everybody is making money! trade on!
Posted by stockdealer on :
1.75 was a preatty good call let's just hope your right with that 2.20 gap you were chattin about
Posted by doling2005 on :
Gap up easy to predict here! Posted by skip on :
alright, i am back in for the run tomorrow...
Posted by Doniboy on :
WTF, you guys have to let us know in the under .10 room.
Posted by stockdealer on :
you bet your balls it neil diamond
Posted by Repoman75 on :
Doni, I had a thread there... one of the mods deleted it.
Posted by stockdealer on :
how do u have those qoutes at the bottom of your name cause I want in
Posted by Fuzzy1018 on :
ppl strugglin' to get in at the last mnt
Posted by Livinonklendathu on :
Nice job all - tomorrow should be a hoot.
Posted by RagingBull on :
im never sleeping during the day again an dI learn a lesson on non marginabe funds lol once in a while you run into a hot one just by reading forums and boards you just have to to be ready
Posted by skip on :
There are trades going through like the market didn't even close...this will be massive again tomorrow...I will try to gather and post most of the news stories later tonight...this is bigger than this stock, this is a highly debated ethical issue, I wouldn't be surprised if the president commented on the discovery...
Posted by stockdealer on :
no answer what's up with the quotes under your names how do I get in on that?
Posted by coalkickin on :
Should be a fun day...how often does a penny make CNN and NY Times at the same time? I got in late..kind of...1.40...wouldn't be suprised if it gapped .50 or more
Posted by stockdealer on :
ok their u go I'ss see u guys tommorow
Posted by matto on :
quote:Originally posted by Doniboy: Yeah, but it will probably gap up $3.00
lol, be a big one for sure...no telling what kind of dough may be drawn to this one...
Posted by coalkickin on :
Thanks Repo...
Posted by coalkickin on :
Think with the buzz it will gap.... Posted by matto on :
lol BOOOOOOOOOOOOOOM
Posted by skip on :
quote:Originally posted by T e x:
quote:Originally posted by Doniboy: Yeah, but it will probably gap up $3.00
lol, be a big one for sure...no telling what kind of dough may be drawn to this one...
Have you seen anything like this down in these markets before, Tex? I have never seen any OTC/Pink stock/company featured on every major international news outlet.
You are right, when big investors see the news at dinner tonight, they will be calling their brokers. Could be a lot of major players that don't normally mess with stocks down here. This is way bigger than this stock, this is a medical milestone...
Posted by stockdealer on :
so tom where the next one I'm all in
Posted by T e x on :
quote:Originally posted by Repoman75: 23 mil float only.
finance.yahoo shows:
OS 26.32 mm
Float 16.55 mm
Posted by ctguy13 on :
NEWS!!!!
Advanced Cell to Host Investor Conference Call to Discuss Breakthrough Technique to Generate Embryonic Stem Cells without Harming Embryo; Proprietary Method May Remove Ethical and Political Obstacles to Stem Cell Research and Federal Funding
ALAMEDA, Calif., Aug 23, 2006 (BUSINESS WIRE) -- Advanced Cell Technology, Inc. (OTCBB:ACTC), developers of groundbreaking human embryonic stem cell technologies to create next-generation medical therapies, will hold an investor conference call on Friday, August 25, 2006, at 12 noon Eastern, to discuss its novel technique to generate human embryonic stem cell lines from embryos while fully preserving the embryo's potential for life and development. The proprietary technique, which was recently published in the scientific journal "Nature," aims to resolve many of the ethical issues currently stunting embryonic stem cell research and may finally open the door to needed funding from the federal government.
During the conference call, William M. Caldwell IV, Chief Executive Officer of Advanced Cell Technology (ACT), and Dr. Michael D. West, Ph.D., President and Chief Scientific Officer of ACT, will discuss the company's scientific advances and business initiatives, and will address investor questions.
Among the primary ethical objections of those who oppose the generation of human embryonic stem cells is that all techniques, until now, have resulted in the destruction of the embryo. The company's newly published proprietary technique may overcome this hurdle, offering the potential to speed the progress of stem cell science from laboratory to bedside.
"We hope that this new technique will allow us to make stem cell lines widely available for researchers around the country," said Mr. Caldwell. "Our goal is to help accelerate basic research and enable the translation of that research into real cures and treatments for many of the world's most devastating diseases."
In the paper in "Nature," ACT scientists described their technique to generate human embryonic stem cells (hES cells) using a method for deriving stem cells from human blastomeres with a single-cell biopsy technique called Preimplantation Genetic Diagnosis (PGD). PGD is a widely used practice used at in vitro fertilization (IVF) clinics to assess the genetic health of preimplantation embryos. To date, more than 1,500 healthy children have been born following the procedure, and live with their families today.
Current embryonic stem cell technology is the source of a heated national controversy because it derives hES cells from the inner cell mass of later-stage embryos known as blastocysts, destroying their potential for further development. "What has made ACT's novel approach so groundbreaking is its ability to generate stem cell lines of equal scientific value from a single cell obtained from an 8-cell-stage embryo, while maintaining the embryo's potential to develop normally," said Mr. Caldwell.
Callers within the United States can access the conference call by calling (800) 230-1074, when prompted tell the operator you would like to connect to the 'Advanced Cell Technology conference call.' International callers can dial (612) 332-0228. An online audio web simulcast of the call will also be accessible at http://www.trilogy-capital.com/tcp/advanced_cell/. Posted by wallymac on :
quote:Originally posted by Doniboy: Yeah, but it will probably gap up $3.00
lol, be a big one for sure...no telling what kind of dough may be drawn to this one...
Have you seen anything like this down in these markets before, Tex? I have never seen any OTC/Pink stock/company featured on every major international news outlet.
You are right, when big investors see the news at dinner tonight, they will be calling their brokers. Could be a lot of major players that don't normally mess with stocks down here. This is way bigger than this stock, this is a medical milestone...
I agree...no...never seen it...vets here may have, but not me--never *heard* of such immediate, widespread, mainstream coverage.
In fact, I think it's fortuitous timing. Here's why: This much news vs small float? Had news hit this morning, I would've expected an NASD halt, perchance with much higher price upon resumption. As is, maybe it can trade straight through, tomorrow...
Posted by T e x on :
no ta listed on pinksheets, getting numbers from company
Posted by Livinonklendathu on :
CEO is clean in PACER except for a Civil case in 1998 US District court Washington DC 1:98-mc-00386-AER: 10-23-1998
Inline connection corp v. Terk Tech - William M. Caldwell IV, named as Movant - Motion to Quash Subpoenas / granted - end of case. No monitary award sought or awarded.
Posted by Repoman75 on :
Mo money mo money mo money - gap at 2.20.
Posted by T e x on :
i hope it's that low...
Posted by neona on :
Do you guys think it will hit $2.00 on Thursday?
Posted by bksundar on :
I would assume that for sure...
Posted by Livinonklendathu on :
quote:Originally posted by neona: Do you guys think it will hit $2.00 on Thursday?
Nah, it'll jump right over it. Posted by skip on :
quote:Originally posted by Livinonklendathu:
quote:Originally posted by neona: Do you guys think it will hit $2.00 on Thursday?
Nah, it'll jump right over it.
I think it will gap up way over that, IMO. This is literally a front page news story everywhere. This is not just a fluff PR, this is major international news. When big investers see the news, and see the stock price under $5, they will laugh and buy a sh!tload!
Posted by Livinonklendathu on :
The first paragraph of the letter that is to be in Nature magazine - gotta pay if you want the whole thing.
Posted by Repoman75 on :
I know this is going to be huge.. check out some poster on RB called BillyCal... he knew about this PR 2 or 3 days in advance (see his posts on the DNAG board)... has an inside source about this.. too bad I didn't see his posts before!
Anyway, he is saying that this will lead to organ regeneration and such... huge.
Posted by T e x on :
fellas? Let's get info on "competitors" will be lottsa peeps DDing tonight--like to get a handle on what perceived value might be...
Posted by glassman on :
on NBC nightly right now..
Posted by Ace of Spades on :
Does anyone think that other big companies might want to Buy these Guys out?
Posted by neona on :
A got it too late - at $1.82 and before they closed it went below $1.70 at least twice and I almost had a heart attack:) No, seriously, I hope it will go over 2 otherwise I'll be in deep ****. Hope you're righ guys and wish we all make good money Thursday morn Posted by T e x on :
quote:Originally posted by glassman: on NBC nightly right now..
missed it...scanning channels now...
good report? mention the company, or merely "a research company" ??
Posted by Ace of Spades on :
quote:Originally posted by neona: A got it too late - at $1.82 and before they closed it went below $1.70 at least twice and I almost had a heart attack:) No, seriously, I hope it will go over 2 otherwise I'll be in deep ****. Hope you're righ guys and wish we all make good money Thursday morn
You should never get into a stock that already went up that much in one day. Almost always there will profit taking. No matter how much hype there is, there will always be another play like this. But this time you might be lucky. This is huge news! It's everywhere you look! The crazy thing is this is a penny stock! Since you got in late don't be greedy.
Posted by T e x on :
ABC Nightly just had it, with medical editor sitting in...no mention of the company, though, that I heard... still...pretty incredible coverage
Posted by glassman on :
open a hole in your box.Tex
Posted by neona on :
I will take your advice Ace of Spades. This is the first and last time I do this But this company is EVERYWHERE! Amazing. I might be lucky.
Posted by matto on :
i think you are way safe
Posted by coalkickin on :
Hey Matto...I have a dilemma...I go back to work tomorrow...won't be able to access a computer till 1:00. Am I safe to wait till then confident it will continue to go up, or should I set a sell order
Posted by matto on :
quote:Originally posted by coalkickin: Hey Matto...I have a dilemma...I go back to work tomorrow...won't be able to access a computer till 1:00. Am I safe to wait till then confident it will continue to go up, or should I set a sell order
I really don't think you have anything to worry about!!! i am holding
Posted by Repoman75 on :
You'd be a fool to be out of this before the news conference on Friday... God knows what they will announce.
Posted by BLACKBEARD on :
quote:Originally posted by glassman: open a hole in your box.Tex
LOL , sorry tex but thats funny . , i saw it on nbc , no mention of the company but a positive report ,, love it, jist love it
Posted by BLACKBEARD on :
BEER anyone?
Posted by T e x on :
quote:Originally posted by BLACKBEARD:
quote:Originally posted by glassman: open a hole in your box.Tex
LOL , sorry tex but thats funny . , i saw it on nbc , no mention of the company but a positive report ,, love it, jist love it
lol, no chit...
Posted by matto on :
we have to wait till i sell blackbeard and i will have a bud truck pull up for us!!!!!!!!!
Posted by BLACKBEARD on :
quote:Originally posted by matto: we have to wait till i sell blackbeard and i will have a bud truck pull up for us!!!!!!!!!
cheers bro
Posted by Ace of Spades on :
The issue of Embryos getting Destroyed, has been a major issue in almost every country working in Stem Cell Research. This end all Negative views about this Science. Right now this news is spreading like wild fire all over the world. I think this will get the most coverage ever for a penny stock, at least that I've seen.
"U.S. law currently bans federal funding of any research that harms human embryos. A White House spokeswoman said the new method's eligibility for funding could not yet be determined, "but it is encouraging to see scientists at least making serious efforts to move away from research that involves the destruction of embryos."
"I think this will become a standard way of producing stem cell lines," said Ronald M. Green, a Dartmouth College professor of religion who is an unpaid bioethics adviser to Advanced Cell Technology."
Everyone bi tches how they wish they could find the next MSFT or the company that cures AIDS or cancer... guess what, YOU FOUND IT. Some of us just realize it before others.
Posted by BLACKBEARD on :
BTW Matto , i'll take the killians truck , thanks, preciate it Posted by coalkickin on :
Thanks...doesn't happen often, but I am getting a bit excited
Posted by matto on :
dude i will buy the brew house and we wll meet there
Posted by 10of13 on :
Stem Cell Breakthrough May End Political Logjam By Karen Kaplan, Times Staff Writer 1:42 PM PDT, August 23, 2006
Scientists announced today the creation of human embryonic stem cells using a technique that does not require the destruction of any embryos, a development that offers a path to break the political logjam over the highly touted but ethically troubled research.
The method, described in the journal Nature, involves taking a normal 3-day-old embryo with only eight to 10 cells and removing a single cell, which is then biochemically coaxed into becoming a colony that produces embryonic stem cells. The original embryo, despite missing one cell, is unharmed, thus avoiding concerns over destroying a potential life.
ADVERTISEMENT Fertility clinics have been removing cells from embryos created in vitro to screen them for genetic diseases and chromosomal abnormalities since 1990. Doctors estimate that at least 2,500 children alive today had a cell or two removed when they were embryos.
"Any use of human embryos for research purposes raises serious ethical concerns, but it is encouraging to see scientists at least making serious efforts to move away from research that involves the destruction of embryos," said White House spokeswoman Emily Lawrimore.
The key scientific advance was finding a way to get a single, early-stage blastomere cell to thrive in a laboratory dish long enough to produce stem cells. Typically, embryonic stem cells are harvested from the inner cell mass of 4- or 5-day-old embryos that contain about 150 cells.
Dr. Robert Lanza, the senior author of the study, said the aim of the research was to find a way to make embryonic stem cells that satisfy reasonable ethical concerns and thus could become eligible for federal funding.
"The goal for us scientists is to have more lines," said Lanza, medical director of Advanced Cell Technology in Worcester, Mass. "Hopefully, if the politicians agree, this method could be used to increase the number of lines available for federal funding and thus give the field a badly needed jump-start."
The National Institutes of Health, the National Science Foundation and other federal agencies may fund embryonic stem cell research, but only on a limited number of cell lines that were derived before August 2001. President Bush last month vetoed a bipartisan bill to expand stem-cell funding to more than 100 newer cell lines.
Lawrimore said it would be premature to comment on whether the new approach would qualify for federal funding.
Some religious conservatives said some ethical problems still remain.
In other mammals, a single blastomere cell can develop into a twin of the embryo from which it was removed, said Nicanor Austriaco, a Dominican friar and molecular biologist at Providence College in Providence, R.I.
"This raises the concern that the blastomeres isolated by ACT in order to create a stem cell line are in fact bona-fide embryos that are destroyed in the process of creating the stem cell lines," he said.
Lanza and other stem cell experts said that while it may be possible to grow a human blastomere into a full-scale embryo, it does not occur naturally and has never been documented in a lab.
"They're citing something without any medical evidence," said Dr. Irving L. Weissman, director of Stanford University's stem cell institute.
Richard M. Doerflinger, secretariat for pro-life activities for the U.S. Conference of Catholic Bishops in Washington, D.C., said the safety of the single-cell biopsy procedure had not been scientifically established.
"Some embryos do not survive the process, and some survivors may have long-term effects later in life," he said.
Fertility specialists who perform the procedure — dubbed pre-implantation genetic diagnosis, or PGD — acknowledge that there have not been any scientific efforts to study its effect on embryos or to track the children after they are born.
Between 20% and 25% of couples that use PGD to make sure their children don't wind up with genetic diseases like cystic fibrosis end up with healthy babies through in vitro fertilization, said Dr. Joe Leigh Simpson, an OB-GYN and professor of molecular and human genetics at Baylor College of Medicine in Houston. That compares to a success rate of 28.3% for all IVF patients, according to the Centers for Disease Control and Prevention.
"There's every reason to think that it's safe," Simpson said. "But the bottom line is, there are insufficient data to prove that it's safe or not safe."
Whether stem cells derived from this technique could be eligible for federal funds may hinge on that question. Congress forbids the funding of research in which a human embryo or embryos are destroyed, discarded or knowingly subjected to risk of injury or death.
"Can I reassure people who have put this language on our appropriation that not even one time in a thousand a single-cell biopsy won't harm an embryo?" said Dr. James F. Battey, who chairs the stem cell task force at the National Institutes of Health. Without the necessary research, he said, "I can't do that."
Posted by T e x on :
repo?
which "Times" izzat?
go ahead and include links, if you don't mind
Posted by Repoman75 on :
LA Times.. no link, sorry.
Posted by skip on :
Here is a good link from google with ALL of the news stories worldwide relating to ACTC and their discovery...366 stories and counting!
Just kidding, I am still thinking about buying in. Man this is exciting.
Posted by coalkickin on :
I was just reading one of the very few articles circulating...(sarcastic) This thing has the potential to be huge...I can't wait to see the money flowing tomorrow
Posted by coalkickin on :
BTW Doniboy...I really feel anything under 3.00 will be a bargain in a few days
Posted by T e x on :
quote:Originally posted by Ace of Spades:
quote:Originally posted by Repoman75: LA Times.. no link, sorry.
Thank you, Ace. Repo? you lazy, man Posted by coalkickin on :
Tex...what are your thoughts on all this? Think this will see $5.00 or more...In your valued opinion??
Posted by skip on :
Just saw this on NBC Nightly news...Brian Williams noted that this is a worldwide story and that it will be front page news in many major newspapers across the country tomorrow...
Posted by coalkickin on :
Yeah...I saw it on Fox News..and MSNBC...
Posted by Ace of Spades on :
I think ACTC will be the first Penny Stock that many Investors and Big Board Traders will buy. Many people will view Penny Stocks differently after this one.
Posted by coalkickin on :
Hopin...I have been in quite a few "sure things" that never did work out the way I imagined. Finally maybe one will:)
Posted by michigan_lover on :
Yep, ACTC is a penny stock success story going down in history
Posted by Repoman75 on :
US may lift ban on federal funding for stem-cell research By Catherine Philp in Washington
THE breakthrough made in a small Massachusetts laboratory could put American embryonic stem-cell research back on track by removing the key objection that has stood in the way of federal funding. American scientists have been unable to use government money to create new stem-cell lines since 2001, when President Bush ordered a ban on federal funding for research on embryos created after that date.
All their publicly funded work has been confined to the 61 stem cells already in existence at that time when, as Mr Bush said, a “life-or-death decision had already been made”.
Last month, Mr Bush vetoed a Bill lifting that ban on the ground that he opposed the use of public funds for projects involving the destruction of human embryos.
It was the first time in his presidency that Mr Bush had refused to sign into law a Bill approved by Congress. “It crosses a moral boundary that our decent society needs to respect, so I vetoed it,” he said, flanked by families with children who were born using “unwanted” embryos left over from fertility treatment that could otherwise have been used in the research.
“This Bill would support the taking of innocent human life in the hope of finding medical benefits for others. Each of these children was adopted while an embryo. These boys and girls are not spare parts.”
Polls, however, suggest that most Americans back the research, and many within Mr Bush’s party were angered at his move. Although he has consistently opposed embryonic research on moral grounds, it is hard to see how he could oppose it with the issue of embryo destruction resolved.
Pressure has been building for a loosening of restrictions, led by campaigners such as Nancy Reagan.
Several individuals, including Michael Bloomberg, the Mayor of New York, and Bill Gates, the founder of Microsoft, have donated billions to keep stem-cell research alive.
Some states, including California, under the Republican governorship of Arnold Schwarzenegger, have brought in legislation to free state funds for the research.
A resolution of the issue may also deprive Democrats of a hot election issue for the mid-term congressional polls in November. Many leapt on Mr Bush’s veto as evidence of his pandering to conservatives and of his losing touch with ordinary American people.
Posted by cautionupahead on :
Question to those in the know only-How does ACTC make money off of this. From what I read it's a procedure, which can't be charged for. The guy that invented heart surgery doesn't get a royalty check everytime someone has one. TIA
Posted by glassman on :
quote:Originally posted by cautionupahead: Question to those in the know only-How does ACTC make money off of this. From what I read it's a procedure, which can't be charged for. The guy that invented heart surgery doesn't get a royalty check everytime someone has one. TIA
partypooper.
Just Kidding. good question...
Posted by Repoman75 on :
Patents.
Posted by Doniboy on :
WHY DID SCOTTRADE RESTRICT BUYING???????????
Posted by glassman on :
repo? got a patent to share with us? i missed that one
WHY DID SCOTTRADE RESTRICT BUYING???????????
another good question, but i don't think it will affect the stock..
you need to get on their case about it..
Posted by coalkickin on :
How do any medical research companies make money? Good question...They do..just not sure how
Posted by coalkickin on :
How do you know they restricted buying?
Posted by Doniboy on :
Tex told me they did, so I put in a fake order and it told me buying was restricted, call my broker...
Posted by coalkickin on :
I believe you...just wondering how you knew...What's Tex's take on it?
Posted by T e x on :
quote:Originally posted by glassman: repo? got a patent to share with us? i missed that one
WHY DID SCOTTRADE RESTRICT BUYING???????????
another good question, but i don't think it will affect the stock..
you need to get on their case about it..
Buddy called Denver office after trading--cuz even CST timezones were closed--and said they told him they wanted time to check out PR. Understandable...pretty huge. Scottie, as we know, is pretty "rigid." However, the rep apparently also said they hope to have it figured it out by opening bell.
Posted by Repoman75 on :
The Company’s intellectual property position is a key asset in forming relationships with collaborative partners. By maintaining a majority of the new intellectual property within this area, Advanced Cell believes it can derive a diverse platform of products based on the underlying technology while establishing long-term, valuable relationships with key partners in the industry. Tables 2, 3, and 4 (pages 8-9) describe each of these respective inlicensed intellectual property positions. In particular, Advanced Cell has inlicensed exclusive rights to various intellectual property from various institutions, as well as has acquired licenses from others.
Check this out too. Not sure if it means anything but these are the only MM's on the bid right now.
WDCO .53 ACAP .25 TRWN .20 MERI .10 DOMS .01
Is it possible that no one can put in buy orders right now? Maybe the MM's are waiting to release their bids until they get the full picture. Maybe it will gap up to $5.00 or something ridiculous like that.
Opinions?
Posted by coalkickin on :
Tex...what would they have to figure out? I am a bit confused. Do you think they may halt trading, all around?
Posted by Doniboy on :
I didn't mean that like it sounded. I meant to say that Scottrade said "call your broker" LOL.
quote:Originally posted by coalkickin: I believe you...just wondering how you knew...What's Tex's take on it?
Posted by Repoman75 on :
Le bed even giving free advertising... le bed . biz
Welcome to *****.biz! Did you see ACTC today run from $0.40 to $1.94 for a gain of 386% in just a few hours?
Posted by coalkickin on :
Posted by Doniboy on :
Led belly also said this:
If you think this was big, you have seen nothing yet! I will be announcing a similar stock this weekend to our newsletter subscribers with much greater upside potential!
He's such a dingus!
quote:Originally posted by Repoman75: Le bed even giving free advertising... le bed . biz
Welcome to *****.biz! Did you see ACTC today run from $0.40 to $1.94 for a gain of 386% in just a few hours?
Posted by T e x on :
quote:Originally posted by coalkickin: Tex...what would they have to figure out? I am a bit confused. Do you think they may halt trading, all around?
I firmly believe that had this news been realeased this morning, NASDAQ would've halted it, for "breather" time (remember, that's nothing like an SEC suspension).
As it was? Hopeably, brokers will have time to assess the news...
Imagine seeing worldwide news from an OTCBB? gotta be scary from their perspective...
Posted by Doniboy on :
Can they halt something like this for no good reason? I mean, just because the market is volatile what gives them the right to stop people from buying and selling?
Posted by T e x on :
ALSO:
Imagine you're a trader at an MM firm...
Imagine sitting around cocktails & beers after work today...and TV screens in bars are showing major networks mentioning...this... PENNY...STOCK
By the time they're at their desks tomorrow morning? They will have a gameplan. They want to profit, too.
make sense?
Posted by T e x on :
quote:Originally posted by Doniboy: Can they halt something like this for no good reason? I mean, just because the market is volatile what gives them the right to stop people from buying and selling?
Doniboy, read up on the difference on between NASDAQ "halts" and SEC "suspensions."
peeps use the words interchangeably--unfortunately--cuz it's usually really different circumstances...
Basically? The market is willing to accept only so much risk...a halt is for breather to get corrected... a suspension usually knocks the issue offa trading
Posted by T e x on :
quote:Originally posted by coalkickin: Tex...what would they have to figure out? I am a bit confused. Do you think they may halt trading, all around?
lol, figure out?
an OTCBB getting worldwide news....
if you were managing a major broker's funds? wouldn't you wanna know the odds of this being real vs being a hoax?
here, AM NOT addressing what's "right" or "wrong" ... simply pointing out the broker's point of view...
dum de dum de dum... Wednesday afternoon...SUDDENLY the wires are alive with PENNY NEWS!
lol...they'd be fools not to check it out...
Posted by Doniboy on :
So after a Nasdaq halt the trading should commence at the last price before the halt right? They can't adjust the price correct.
Posted by glassman on :
quote:Originally posted by Doniboy: So after a Nasdaq halt the trading should commence at the last price before the halt right? They can't adjust the price correct.
sssshhhhhsssh
nobody is allowed to mention
adjust the price at this board... Posted by Doniboy on :
lol
Posted by wallymac on :
I have personally dealt with these type of situations with Scottrade in the past. Whenever unusually high volume comes in on a stock they have alerts that go off. The stock then goes on the restricted list until they can figure out if the volume is legit.
During this restriction you are still able to trade the stock but must call in the order. They will still process the order at the internet rate.
I have found that it has nothing to do with the validity of a stock but more to do with Scottrade covering their own A**.
I've had this happen on a few occassion. It's a pain to have to call in but you can still buy and sell.
GLTA Wally
Posted by glassman on :
yes.. my understanding is they can adjust the price as long as ONE MM agrees...
how long it stays there or anywhere? that's up to the traders.
Posted by stockdealer on :
i can still from scottrade if I have shares the right?
Posted by T e x on :
quote:Originally posted by glassman:
quote:Originally posted by Doniboy: So after a Nasdaq halt the trading should commence at the last price before the halt right? They can't adjust the price correct.
sssshhhhhsssh
nobody is allowed to mention
adjust the price at this board...
lol, Glass refers to intramuralalized pertubation...
all *I* know for sure is NASDAQ can halt intra-day trading to allow the market to readjust...how/if/why/when there's a new price on "the other side"? I don't know how all that works...
and, really? we've already talked it about too much...imo...I am *not* saying that looms for tomorrow. It could...given the hype...and the "supposed float."
As far as I know? we don't even have a confirmed float, yet...
at this point? I emphasize "What would I do if I were an MM?"
Posted by coalkickin on :
thanks Tex
Posted by Ace of Spades on :
With all the media attention ACTC has recieved already, What's everybody's guess or gut feeling on how much higher this can go the next few days, especially with the conference call on Fri and possible PR's comming up?
Posted by Ace of Spades on :
Posted by: mediascan In reply to: GOINGUP11 who wrote msg# 225 Date:8/23/2006 10:52:35 PM Post #of 410
I was introduced to this stock at .65 today and by the time I was going to buy, it was .85 so I passed. Finally chased and bought at 1.18. Then bought at the close for the gap. Now that I've read more about this company, the os, the structure, the news coverage, I have only one regret that I didn't buy more. I've been trading stocks for close to 20 years and this falls into the WOW!!! category. I'm a trader and will trade it all the way up, and yes, $5.00 is a no brainer. MS
Posted by Market12 on :
I believe you just answered your own question ol’ chap.
Cheers!
Go ACTC!
Posted by RagingBull on :
no brainer?? how about the fact that they're proposing to dilute the shares by 1/5th
Well...The fact that most of the world will be listening to the conference call on Friday, and the fact that the this Stem Cell issue has caused a lot of debate with world governments and religions, I think it's safe to say this could be a no brainer.
Posted by RagingBull on :
I agree ace
Posted by T e x on :
quote:Originally posted by RagingBull: I have no idea TEX i just got that on a note from somebody on myspace
lol..."myspace'
ya, pre14: they wanna increase a/s from 100mm to 500 mm...
in September...me? I hope the float is *not* as low as shown on YAHOO...
Posted by Ace of Spades on :
Posted by: IHDR In reply to: None Date:8/23/2006 11:56:38 PM Post #of 432
In Friday's CC, you better believe ACTC's CEO ....
is going to be discussing potential numbers. I would be shocked if he didn't use the "B" word ..... billion(s). With over 300 patents (and eventually a bidding war for the company), there's no way you pry my shares from me tomorrow, as wild as the trading may get. I hope everyone realizes that today's trades (it was obvious by the small numbers) were made from folks like you and I (daytraders), right behind our computers. The stock was traded for only 3 hours (exactly) on this news. This news (now seen by millions) will ignite thousands to call their brokers, etc. in order to get a share of the pie. I got countless PM's today from people saying, "Thanks for the tip, I sold out and made 60%." Those folks (and most of us) are used to the usual pump and dump type stocks with no real merit. This is real, world changing science and for those that earlier stated this stock won't go to $5.00, you will also be the ones that say it won't go to $10, $15, $20 and so on. This IS the #1 story in the world tonight and it's about a world changing company with a market cap of $47 million, if that high. If you don't think this will draw attention from institutions and big time investors beginning tomorrow, apparently your mind is warped from being in pennyland so long. Believe me (and it's been said a few times tonight), if the stock races to $4 or $5 a share (or higher) and you think it's time to cash in, there will be plenty of folks who will be ecstatic to buy those shares from you at those prices. At $10 a share, the market cap is $260 million. Ask yourself, how much is this technology worth ? I'd be willing to bet (if you thought in terms of longer than 10 minutes) you'd conclude a heck of alot more than $260 million.
Posted by neona on :
quote: -------------------------------------------------------------------------------- Originally posted by RagingBull: no brainer?? how about the fact that they're proposing to dilute the shares by 1/5th. -------------------------------
WHAT DOES THAT MEAN?
Posted by skip on :
quote:Originally posted by RagingBull: I have no idea TEX i just got that on a note from somebody on myspace
That issue is not to be voted on until 9/15/06...so that is a few weeks from now, and that is to vote on the issue. Other interesting points from the pre-14, insider holdings, and fund holdings...(it's a cut and paste, forgive the formatting) Oh, and that person on myspace is likely trying to make a veiled attempt to get shares cheaper...
Beneficial Ownership of Directors, Officers and 5% Stockholders
The following table sets forth certain information regarding the beneficial ownership of our Common Stock as of June 30, 2006. On such date, 25,823,714 shares of Common Stock were outstanding. Beneficial ownership is determined in accordance with the applicable rules of the Securities and Exchange Commission and includes voting or investment power with respect to shares of our Common Stock. The information set forth below is not necessarily indicative of beneficial ownership for any other purpose, and the inclusion of any shares deemed beneficially owned in this table does not constitute an admission of beneficial ownership of those shares. Unless otherwise indicated, to our knowledge, all persons named in the table have sole voting and investment power with respect to their shares of Common Stock, except, where applicable, to the extent authority is shared by spouses under applicable state community property laws.
The following table sets forth information regarding beneficial ownership of our capital stock as of June 30, 2006 by:
· each person, or group of affiliated persons, known to us to be the beneficial owner of more than 5% of the outstanding shares of our Common Stock;
· each of our directors and named executive officers; and
· all of our directors and executive officers as a group.
5% or Greater Stockholders: Highview Associates LLC(1) 1,797,460 7.0%
ATP Capital(2) 3,028,906 11.7%
Anthem Ventures Fund, LP(3) 5,068,383 19.6%
Augustine Fund LP(4) 2,294,118 8.9%
Directors and Named Executive Officers: Michael D. West, Ph.D., President, Chief Scientific Officer, and Director 2,471,310 9.6%
William M. Caldwell, IV, Chief Executive Officer and Director 2,309,166 8.9%
Robert P. Lanza, M.D., Vice President Medical & Scientific Development 1,135,417 4.4%
Robert Peabody, Vice President Grant Administration 371,126 1.4%
James G. Stewart, Sr. Vice President and Chief Financial Officer 154,375
Jonathan F. Atzen, Sr. Vice President and General Counsel 223,333
Alan C. Shapiro, Ph.D., Director 357,911
Alan G. Walton, Ph.D., D.Sc., Director 100,000
Erkki Ruoslahti, M.D., Ph.D., Director 120,086
*
Directors and Executive Officers as a Group (9 persons)
7,242,724
28.0%
========
insiders own 28%, the funds own another ~47% if i am reading that right, that's big, 75%...float has to be tiny...like 6-7mil, that can't be right...can it? help!
Posted by RagingBull on :
i'm recapping the action by reading from the first page lol to me is like watching the giants win the super bowl in 91 over and over again
Posted by RagingBull on :
WHAT IS ARCA?
Posted by Ace of Spades on :
quote:Originally posted by RagingBull: WHAT IS ARCA?
It's an MM on L2's
Posted by skip on :
quote:Originally posted by RagingBull: WHAT IS ARCA?
It is an MM that is actually an ECN used to electronically trade stocks.
What is an ECN? Electronic Communication Networks (ECNs) are electronic marketplaces that bring buy and sell orders together and match them with each other. Today ECNs handle roughly 25% of the volume in Nasdaq stocks.
Posted by RagingBull on :
SO when ARCA dumps and the stock dips thats a good entry point?
Posted by Ace of Spades on :
quote:Originally posted by skip:
quote:Originally posted by RagingBull: WHAT IS ARCA?
It is an MM that is actually an ECN used to electronically trade stocks.
What is an ECN? Electronic Communication Networks (ECNs) are electronic marketplaces that bring buy and sell orders together and match them with each other. Today ECNs handle roughly 25% of the volume in Nasdaq stocks.
Great info, Do you have links for other MM's? TIA
Posted by skip on :
quote:Originally posted by RagingBull: SO when ARCA dumps and the stock dips thats a good entry point?
Not necessarily...you really need to have and watch L2's to really determine the way the stock is going...I have been watching L2's for a while, and I am just getting the understand what it looks like when stocks dip and/or run. Today was nuts watching this, I didn't do one bit of work for the last hour and a half of trading, just kept watching it go up...
Posted by RagingBull on :
The odds of a selloff are very small , Theres nothing wrong with the prs and if something pops up to indicate otherwise then all the news outlets would look like fools
Posted by skip on :
quote:Originally posted by Ace of Spades: Great info, Do you have links for other MM's? TIA
Great segway for my last point on L2's. If you have L2's you can look at the detailed info on the MM's. Also, here is a list of most MM's, right here on AS!
A biotech company has described a method for growing stem cells without destroying embryos.
By Kate Baggot
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In a process that could offer a strategy for overcoming many of the ethical concerns over the use of embryonic stem cells, researchers at Advanced Cell Technology have created a line of such cells from a single human embryonic cell. Unlike existing methods, the procedure leaves the embryo viable, raising the possibility it could be widely used to create embryonic cells without destroying embryos. The work is described in this week's Nature journal.
Robert Lanza and his team at Advanced Cell Technology (ACT), a biotech company based in Alameda, CA, adapted a technique used by in vitro fertilization (IVF) clinics to perform genetic screening. The technique enabled the ACT team to extract a single cell from an embryo and to preserve its viability. The experiments resulted in the creation of two new lines of embryonic stem cells.
Embryonic stem cells, which can develop into any type of cell in the human body -- and thus have vast research and medical potential -- are usually grown from a mass of cells harvested from the embryo; the procedure destroys the embryo. In 2001, President Bush limited federal funding, including from the National Institutes of Health, to research on a small set of embryonic stem cell lines that already existed. As a result, the number of cell lines available to researchers who receive federal funding are few and of limited robustness.
Last December, Lanza and his coworkers published results reporting on mouse embryonic stem cells grown from a single cell. The new work applies the technique to grow human embryonic stem cells, Lanza says, and should end the ethical dilemma of needing to destroy embryos to create stem cells.
"There is now no rational ethical argument against stem cell research, now that we can preserve the embryo," he says. "The existing cell lines are weak, they're old, there are too few of them, and they are difficult to maintain. What we wanted to do with this process was to ensure that there are enough lines available. This should give the entire field a boost."
Lanza says the new method for growing embryonic stem cells is consistent with current practices used in IVF clinics, which often extract a cell from an pre-implanted embryo in order to perform pre-implantation genetic diagnosis (PGD). "Normally the cell is taken in the IVF clinic and used immediately for testing," Lanza explains. "What we're saying is, let it grow overnight, there is still time to do the test and implant the embryo, and then use the rest of the biopsy for stem cell generation. It doesn't change the outcome of the test, it doesn't present any other risk to the embryo, and it ensures that there is a cell line out there that matches the child and his or her siblings."
That scenario could be limited, however, because only a small percentage of embryos used in IVF clinics actually undergo PGD. "We would certainly not recommend that IVF with PGD should become routine in order to generate a stem cell line for each individual," says Zev Rosenwaks, director of The Center for Reproductive Medicine and Infertility in New York City. "Other than that, the procedure seems like a perfectly reasonable proposition for cases when PGD is already being performed."
According to Rosenwaks, only 5 to 10 percent of all IVF subjects undergo PGD for specific genetic and chromosomal disorders. There is no evidence that children born from PGD embryos are harmed by the procedure.
Lanza's work could advance the field by removing the ethical barrier of embryo destruction. "This would be a serious and profound breakthrough for those involved in the science of stem cell research," says Laurie Zoloft, director of bioethics at Northwestern University's Center for Genetic Medicine. Those opposing stem cell work because it require the destruction of embryos "now will be able to support this research."
Posted by Market12 on :
My take: You buy it, you sell it when you start to smile, or most of it anyway, and you either buy more on a dip or you just move on to something else.
All news gets old and all stocks dip. Don’t lose your heads, but do make your money.
I don’t wanna be here next week saying, “Please, baby, please” to some inanimate stock, waiting breathlessly for a PR. I wanna be on the cusp of the next potential three-to-ten-bagger – like we are now – or at least hunting for one. Let some ride if you’re uncomfortable with selling it all.
This is the real deal so have fun and best of luck. Tomorrow’s gonna be a great day! But don’t dilly-dally. Make your bread. And congrats to most of you for already being in this stock.
Posted by skip on :
This has got me thinking crazy, but, what if the float gets bought up entirely? Hundreds of millions of people have heard about ACTC now, it is a worldwide news story through all major international media outlets. There will be so many people throughout the WORLD that will want a piece of this medical breakthrough. With the float being for sure under 25mil, is it possible that with this much exposure, the float could get bought up? Is this truly possible in this case? I would have never thought it, but I also would not have thought that I would be in a penny stock that got international news for creating a medical milestone that could change the world...ok, maybe the float won't be bought up entirely, but what about half?
Look at SPEA for pete's sake, they have a deal with Elvis and they went nuts. LOL. And besides traders, who knew about that deal? This is a lot bigger than Elvis kids, and everyone knows...
This has got me thinking too much, yikes...
[ August 24, 2006, 01:29: Message edited by: skip ]
Posted by wallymac on :
Hey Skip don't worry the MM's can always Naked short it. There will be plenty of shares to go around.
Posted by skip on :
quote:Originally posted by wallymac: Hey Skip don't worry the MM's can always Naked short it. There will be plenty of shares to go around.
so true...
but, it's still going to be an outrageous day tomorrow, and possibly for a while...
Posted by Doniboy on :
I just wonder what it will open at.
Posted by wallymac on :
IMO higher than it closed today.
Posted by guinto on :
WWEN well worth a look it's going to be hot again tomorow , take it or leave it but plenty of time to decide it's along termer
Posted by bksundar on :
Found this while doing a yahoo quote for GERN This firm's Chairman was earlier with Geron Corp
Oh my this is going to be fun today
Posted by Repoman75 on :
Open at 2.20-2.25, dip to 2.00, then close over 3.
I love how the folks here who did NOT buy yesterday and are watching like cheerleaders at the big game, are warning about NASDAQ halts and crap like that... hahaha.... fearmongerers. Next they'll be telling you that aliens may short this stock to reduce the price.
Posted by T e x on :
If you're talking about me, wasn't warning...merely discussing. Also, I bet you're low on the gap..
Agree about a dip, though...quick one
Posted by T e x on :
saw 40+ pages at HSM, number 1 active board * I-hub...then quit looking...
Posted by Repoman75 on :
Don't be suprised if this thing trades all over the place for the first 1/2 hour... there is a 1/2 mil. short position out there, not to mention MM's will shake this tree like a madman, pushing it down HARD to get shares.... if you have a weak stomach, don't tune in until about 10am.
Posted by zzepman on :
newb question here. what would be a good strategy to get in at this point?
Posted by Repoman75 on :
Put a buy order in at 2.05... if it opens higher, LEAVE IT ALONE.... by 10am, if you start to see a slow and steady climb, then chase it, because it's going to 3+.
If you get filled at the open, great. You'll still make .60 - .70 off this just today.
Posted by zzepman on :
great. thanks repo much appreciated.
Posted by T e x on :
quote:Originally posted by Repoman75: Don't be suprised if this thing trades all over the place for the first 1/2 hour... there is a 1/2 mil. short position out there, not to mention MM's will shake this tree like a madman, pushing it down HARD to get shares.... if you have a weak stomach, don't tune in until about 10am.
where you see the 1/2 mill short? not doubting, just asking...
Posted by Repoman75 on :
Damn! Always have to provide proof on this board... am I not yet crowned the ALL KNOWING YET?
no but yer gettin there ,LOL u do seem to have a knack to know where stocks are goin if yer predictions hold true today u get 5 stars Posted by Repoman75 on :
--Analysts Quote - "Worth Billions" .....
"Analysts predict such a breakthrough could be worth billions in annual sales, but the field has been politically charged almost since 1997, when University of Wisconsin scientist Jamie Thomson became the first to isolate the cells that create the entire human body. That's because embryos are destroyed during research. Many conservatives, including President Bush, argue that life begins at conception and say the work is immoral."
Posted by Repoman75 on :
100 shares bought at 2.25... oh boy, what a fun day today is going to be... wish i had more than 12K shares.
Posted by Repoman75 on :
$2.05 bid now.
Posted by bksundar on :
Just 100 at 2.25 I want to see miliions in pre-market. Wish this was in the NASDAQ !!!!
Posted by kilikili on :
MM's have the pros out on the systems
Posted by Tradepal on :
I just saw the news on "Despierta America" a hispanic mornning show on Univision. The news are huge! I'm new here, what PR means?
Posted by Repoman75 on :
PR = $5 / share. BOOYAH JIM!!
Posted by kilikili on :
bid keeps climbing
Posted by T e x on :
quote:Originally posted by Repoman75: Damn! Always have to provide proof on this board... am I not yet crowned the ALL KNOWING YET?
lol, NPR had a long piece on Willie's Bio-Diesel...pennies getting some press, these days...
Posted by Doniboy on :
Sorry to be off-topic but are there any "morning after pill" plays around? I heard they just got FDA approval. (I read it on newsweek )
Posted by BLACKBEARD on :
Looks like I called the open 2.20 - 2.25
Posted by Doniboy on :
LETS GET READY TO RUMBLE!!!!!!!
Posted by Ace of Spades on :
Any predictions for today?
Can this close over $3 today?
Posted by BooDog on :
scottrade is blocking this one too. Boneheads
Posted by BLACKBEARD on :
repo already said it would , an he hit the bull right in the eye 2 times already go repo
Posted by ctguy13 on :
Look at how many trades have already gone through! Over 1,000,000!!!
Posted by Repoman75 on :
Ok, now here comes the dip.
Posted by Schwabie on :
ERR... THAT OVER 2 MILLION DOLLARS ALREADY !
Posted by Doniboy on :
Will there be a dip? I hope so...just for a few minutes.
Posted by T e x on :
quote:Originally posted by Repoman75: Looks like I called the open 2.20 - 2.25
I bow Posted by Repoman75 on :
Ok, now let's see I can call the low.... 2.17?
Posted by Igor R on :
I say 2.10 will be the bottom of the dip.
Posted by Schwabie on :
Good call repo.
Posted by ctguy13 on :
People are seeing our news talked about on different news channels.....on TV!!
Posted by ctguy13 on :
2.6 million already!
wait, make that 2.7!
Posted by Ace of Spades on :
How long will this be restricted from buying on Scottrade and other brokers?
Posted by Fuzzy1018 on :
crazy dip!
Posted by Repoman75 on :
LOW IS IN, 2.15!!!!!!!!!!!
Posted by Fuzzy1018 on :
it's about to turn around now
Posted by ctguy13 on :
3.7 million!
Posted by Igor R on :
Wow guess not.
Posted by neona on :
Why too low? I'm scared.
Posted by skip on :
Call me crazy, but I am out at $2.30, too much profit on the table for me. Couldn't break my own rules...
I will likely get back in, this is such a big deal, and will likely get bigger.
Posted by Doniboy on :
WOW...
Posted by BooDog on :
quote:Originally posted by Ace of Spades: How long will this be restricted from buying on Scottrade and other brokers?
No idea, I just put in an order for $2 to see if it would go through, thinking scottrade is blocking the hot runners. Looks like 2 for 2 so far.
Posted by Livinonklendathu on :
Looks like it might fill the gap.
Posted by T e x on :
quote:Originally posted by Repoman75: Ok, now let's see I can call the low.... 2.17?
I thought 2.15 was safe...ready to see the bottom now at 1.96
Posted by Repoman75 on :
Ok, this is the low! Haha.
Posted by BLACKBEARD on :
at least we won't have to worry bout fillin the gap later
Posted by Doniboy on :
Glad I didn't buy in at open. Still looking for an entry point.
Posted by Repoman75 on :
They are going to fill the gap at 1.81.. *******s
Posted by T e x on :
quote:Originally posted by Livinonklendathu: Looks like it might fill the gap.
may as well, now--get it over with
Posted by Ace of Spades on :
Scottrade said it's not their restriction, it should be restricted everywhere.
Posted by skip on :
You knew the MM's would have some sort of plan... If you are watching the L2's, there is buying and selling at every level the MM's bring it to. The $$ volume is nuts!
Posted by ctguy13 on :
I agree with Repo.....not much lower
Posted by BooDog on :
I'm thinkin 1.75 - 1.80 LOD restriction chit may make it crash though.
Posted by Jo4321 on :
It's not restricted on Fidelity (unfortunately for me cause I bought at the "bottom" of $2.10)
Jo
Posted by Repoman75 on :
Low is in, ARCA on the bid now.
Posted by BooDog on :
quote:Originally posted by Ace of Spades: Scottrade said it's not their restriction, it should be restricted everywhere.
Thanks ace. I didn't want in anyway since I missed the run. Just testing.
Posted by Ace of Spades on :
Was this restricted on choice trades?....I'm thinking about switching to them?
Posted by BLACKBEARD on :
quote:Originally posted by Ace of Spades: Was this restricted on choice trades?....I'm thinking about switching to them?
nope
Posted by BooDog on :
Nice repo! good for flipper!
Posted by Doniboy on :
Wow someone bought 67,000 shares .13 above the ask.
Posted by T e x on :
quote:Originally posted by Ace of Spades: Was this restricted on choice trades?....I'm thinking about switching to them?
no, I checked before open to make sure...
Posted by T e x on :
quote:Originally posted by Ace of Spades: Was this restricted on choice trades?....I'm thinking about switching to them?
no, I checked before open to make sure...
Posted by skip on :
quote:Originally posted by Ace of Spades: Was this restricted on choice trades?....I'm thinking about switching to them?
They never restrict. They are also very quick with symbol changes as well...
anyone see those two $70k buys at $2.05 way above the ask???
Posted by Repoman75 on :
Amazing the power of daytrading firms... ARCA rules the day.
Posted by maxdog on :
I bought through Scottrade yesterday, tried to this am and of course it was restricted. I called the office and this is on the restricted list until Tuesday. You can sell but you can't rebuy until Tues. It is restricted because of the hugh volume and that "alerts them to any fraudulant possibilities". How incredibly iritating.
Posted by neona on :
MAXDOG: Switch to E-Trade.
Posted by 10of13 on :
LOL...Tex!
Posted by Mysticobra96 on :
Took a nice loss there. Bought at 2.15 and felt lucky to sell at 1.90 They just don't seem to want to bring it back up.
Posted by Repoman75 on :
I'm out at 1.89 with $15K profit.... but looking to get back in... tomorrow is the conference...
Posted by ctguy13 on :
That's why it's dropping....cuz you guys are selling! )
Posted by MoneyMoneyMoney on :
got in at 2.10 i think this will start taking off after lunch
Posted by Mysticobra96 on :
Ive never seen so much manipulation. If they would have let it loose I think it would have been a huge gainer again today
Posted by Fuzzy1018 on :
its starting to get annoying; where is the bottom today?
Posted by Repoman75 on :
It has to stabilize somewhere.
Posted by Mysticobra96 on :
Think its going to make it to 1.43 or 1.39?
Posted by Fuzzy1018 on :
its funny how people forget about all the good news when the pps is goin' down and then end up selling
Posted by Mysticobra96 on :
Going up now but I doubt very much again
Posted by Jo4321 on :
ACK, I cannot watch anymore. Gonna go have some breakfast!
With all the news on major outlets, it's gonna come back up.
Posted by Mysticobra96 on :
daytraders dream!!!
Posted by Repoman75 on :
This may be the turnaround... watch ARCA.
Posted by Mysticobra96 on :
Yeah arca sitting on 1.75 I think I will wait to find a dip after it makes a real run up. Too risky here!
Posted by T e x on :
Well, I guess no worries about MMs making their dough, lol
Posted by maxdog on :
My Scottrade broker just called me back and advised that they could put the buy order through now and would only charge the internet rate.
Posted by ctguy13 on :
Selling is slowing down....bottom is near....probably $1.60 or so.
Posted by Mysticobra96 on :
I think they are taking this into the 1.40s
Posted by Schwabie on :
lol massacre
Posted by Mysticobra96 on :
Arca at 1.58 now
Posted by Doniboy on :
This is insane. The other Stem cell stocks are actually doing better.
Posted by Repoman75 on :
Rumor of CEO cashing out options...
Posted by skip on :
quote:Originally posted by Mysticobra96: daytraders dream!!!
It certainly has been...flipped this twice yesterday and once today, got some vacation money...
Tex, you are right. The MM's weren't going to let this go by...
I still think this will go up to the $3-5 over time (could be weeks, months?). Fuzzy is right, the price drops, and everyone forgets this is a worldwide issue that is not going away. This new discovery by ACTC will be debated and experimented with internationally, for a long while. We'll see what that means for the stock price over that time...
Posted by Ace of Spades on :
quote:Originally posted by Doniboy: This is insane. The other Stem cell stocks are actually doing better.
They're not restricted though
Posted by Mysticobra96 on :
I'm just glad I didn't wait this one out. I doubt it will make it back to my orginal buy even.
Posted by Mysticobra96 on :
Arca down at 1.52 now
Posted by Fuzzy1018 on :
when this starts to go up, it'll go up fast and imo it has to turnaround at some point today and shoot up
Posted by Jo4321 on :
Didn't we determine that the only company that is restricting this is Scottrade?
So that wouldn't be the problem. Unless the "rumor" of it being restricted everywhere is what helped it decline.
People need to get their facts straight before panicking.
Remember, there will be a conference call tommorrow.
Okay, NOW I'm going to have breakfast!
Jo
Posted by Mysticobra96 on :
Still not enough buying pressure at these prices will go lower
Posted by ctguy13 on :
Matched yesterday's volume.....I wonder if this will signal a turning point?
Posted by T e x on :
quote:Originally posted by skip:
quote:Originally posted by Mysticobra96: daytraders dream!!!
It certainly has been...flipped this twice yesterday and once today, got some vacation money...
Tex, you are right. The MM's weren't going to let this go by...
I still think this will go up to the $3-5 over time (could be weeks, months?). Fuzzy is right, the price drops, and everyone forgets this is a worldwide issue that is not going away. This new discovery by ACTC will be debated and experimented with internationally, for a long while. We'll see what that means for the stock price over that time...
"The MM's weren't going to let this go by"
yup, gotta figger how to play "with" not "against"
Posted by Fuzzy1018 on :
every1 will throw their money into this one soon -new buyers, ppl who made huge profits, daytraders, flippers
Posted by Mysticobra96 on :
I will for sure but I'm going to be WAY more cautious this time. I'm going to way for a good run up then buy on a dip.
Posted by Mysticobra96 on :
Arca at 1.55 now. I still think we will see 40's
Posted by ctguy13 on :
Many west coast people are probably just waking up.....and will start loading up...
Posted by Mysticobra96 on :
This is the run I'm looking for now waiting for a dip.
Posted by doling2005 on :
Back in here..pros starting to buy now that the mickey mouse show (first hour of trading) is over..
Posted by Double Deuce on :
Hey Tex.......Thanks for the phone call last night.
Just got in at 1.61.
Good luck.
Posted by ctguy13 on :
doling.....Now we just sit and watch? Posted by ctguy13 on :
The turn around began at around 10:26.....as SOON as today's volume matched yesterday's volume......does anyone here who has more insight than me know if this is significant?
Posted by Mysticobra96 on :
Now lets see how low they bring the dip.
Posted by doling2005 on :
quote:Originally posted by ctguy13: doling.....Now we just sit and watch?
This is a show!
Posted by ctguy13 on :
Don't get scared because of a little dip now....the big drops look like they are over....I agree that this will probably be a steady riser now.
Posted by T e x on :
quote:Originally posted by Double Deuce: Hey Tex.......Thanks for the phone call last night.
Just got in at 1.61.
Good luck.
lol...well, you ol' hoss trader...
good to see ya...
nice position!
Posted by Mysticobra96 on :
I think 1.83 might be a big wall now though.
Posted by T e x on :
1.86
Posted by Double Deuce on :
quote:Originally posted by T e x:
quote:Originally posted by Double Deuce: Hey Tex.......Thanks for the phone call last night.
Just got in at 1.61.
Good luck.
lol...well, you ol' hoss trader...
good to see ya...
nice position!
Back atcha Tex....yep...liking that buy price. TOO much coverage going on for this to not do well.
Posted by T e x on :
yup, lottsa coverage...much of it not mentioning the company trades...so word should filter out. That's *my* story...lol
Posted by Doniboy on :
This has to be the best news in the history of Penny Stocks, and the freaking thing is down. I am actually very happy that scottrade restricted me, or else I would have gotten in a $2.05. Unless a report comes out saying "Everything ACTC said is a lie" I don't think that this can remain down. I mean c'mon, the president is talking about this now!!!!!!!!
Posted by ctguy13 on :
Hey guys....what's science's big "prize" (the science version of a Pulitzer Prize kinda thing)? Maybe it's in ACTC's future....that'd be cool!
Posted by T e x on :
Nobel?
Posted by BLACKBEARD on :
i thought emmy Posted by T e x on :
"c'mon, the president is talking about this now!!!!!!!!"
this company? or this "issue" stem cells in general?
Posted by Repoman75 on :
Does anyone know anyone who works for an MM?? We need the inside scoop on how they operate.
Posted by T e x on :
quote:Originally posted by BLACKBEARD: i thought emmy
soap opera? wrong thread, lol...
Posted by Mysticobra96 on :
I wonder when this is going to make an honest run. Maybe closer to the eod?
Posted by ctguy13 on :
Nobel....emmy.....whatever! We should get both!
Posted by BLACKBEARD on :
quote:Originally posted by T e x:
quote:Originally posted by BLACKBEARD: i thought emmy
soap opera? wrong thread, lol...
LOL
Posted by T e x on :
quote:Originally posted by Repoman75: Does anyone know anyone who works for an MM?? We need the inside scoop on how they operate.
You!
dammit, YOU...you're the inside guy! Go repo an MM's beemer, and make him squawk!
Posted by Repoman75 on :
1.80 now. Very tempting to get back in....
Posted by gagged_n_burried on :
same here... have my buy order ready since morning ..
Posted by T e x on :
nice spread...they'd let it go, now
Posted by Double Deuce on :
here goes the 1.83 wall......
Posted by Mysticobra96 on :
Well I should have bought on the first dip at 1.67 guess now Ill have to wait for the next one Posted by neona on :
Picking up fast...The folks from the West Coast just woke up and decided they want a piece of this. It's 8:20am in Los Angeles Posted by Livinonklendathu on :
Me thinks that QUIN is the ax - any takers?
Posted by ctguy13 on :
1.83 wall? Let's see if it's made of brick or paper!
Posted by T e x on :
Who *is* watching L2s? jumping around quite a bit?
Posted by Repoman75 on :
Too volatile today, have to wait for EOD action... probably will gap again tomorrow if they sell off today.
Posted by T e x on :
c'mon, piggy...PUSH!
Posted by ctguy13 on :
Paper! We have a winner!
Posted by T e x on :
some nice lil spanks, there...
Posted by ctguy13 on :
Gettin' jiggy!
Posted by Ace of Spades on :
Wednesday, Aug. 23, 2006
End Run Around the Stem-Cell Ban?
As we've noted many times, scientists looking to develop stem cells into powerful therapies against an enormous number diseases ranging from diabetes to Parkinson's have been utterly frustrated by the Bush Administration's ban on federal funding. According to that policy, they can only use federal dollars on the handful of stem cell lines in existence at the time Bush's policy went into effect in 2001--a pitifully small, very finicky source.
So far, scientists have responded in several ways. Some are trying to use adult stem cells, which may or may not turn out to be effective; others are using the state funding that's arisen in response to Bush's policy; still others have just given up and gone to countries, like China or Singapore or Britain, that have a more enlightened policy.
But a little more than an hour ago, the American company Advanced Cell Technology reported in Nature that they may have a way to start up stem cell lines in a new way that could ultimately make non-federal research easier. By taking a single cell out of the seven or eight that make up an embryo at its earliest stages, they've left the embryo intact but managed to create stem cells from the one they removed. No embryo is destroyed in the process, which is one of the key no-no's in the Bush policy.
It's actually not news that you can safely remove a cell from an embryo. It's done all the time in a procedure called pre-implantation genetic diagnosis. The idea is that parents known to be carrying a potentially dangerous gene--for Tay-Sachs disease, say--do in-vitro (a.k.a. test tube) fertilization. One cell is removed, it's tested for genetic problems, and if there are none, the embryo is implanted and fertilization goes ahead.
So scientists at ACT took a cell and tried to coax it into becoming a stem cell colony. Turned out it wasn't so easy, and in the end they had to use "feeder cells" from mice to nourish the human cells, and add other human stem cells to coax them to grow. That introduces contamination that makes the new line essentially useless for potential therapies. Dr. Robert Lanza, who did the research, thinks they can overcome these crutches: the embryos they used were frozen specimens that had been originally created for preimplantation diagnosis; fresh embryos might well be easier to work with. And while other scientists are very cautious about a full-fledged endorsement before others have replicated ACT's work, Dr. Arnold Kriegstein of the University of San Francisco’s Institute for Regeneration Medicine says: “It looks quite impressive. If it holds up, I think it has the promise of being a very significant advance in the field.”
Important note: this entry is based on reporting by Alice Park
People already getting fed up with this stock. I really thought this will almost reach $3 in the morning before re-tracing to the 2s...
Posted by Ace of Spades on :
Embryonic stemcells: New research seeks to ease ethical storm Posted: 24 August 2006 2154 hrs
PARIS : New research into embryonic stem cells has sought to ease the ethical storm, fiercest in the United States, that swirls around a revolutionary but still untested technology for reversing degenerative disease.
Stemcells are immature cells that grow into various tissues. The most exciting of these types are so-called pluripotent stemcells that are garnered from embryos at a very early stage and develop into almost any kind of tissue.
The dream of scientists -- and of investors who have pumped hundreds of millions of dollars into the research -- is to coax embryonic stemcells into become lab-dish replacements for cells that have been damaged or destroyed by cancer, Alzheimer's, Parkinson's and other diseases.
So far, the quest has proven to be a greater technical challenge than was thought and it has been rocked by ethical debate, particularly in the United States, over embryos as the source of these powerful cells.
But American researchers, in a study published on Thursday in the British science journal Nature, believe they have found a way out of the dilemma by using a technique that does not kill the embyro.
Advanced Cell Technology, a biotech firm in Alameda, California, said it had found a way to grow lines of stem cells from a single cell extracted from an embryo.
The team adapted an existing method called pre-implantation diagnosis (PGD).
Under PGD, doctors take a single cell from an embryo and screen its genome for telltale signs of inherited disorders, thus giving parents the possibility of an abortion to spare the child a life that could be short or crippled.
After successfully testing their theory on lab mice, the US researchers took a single cell from a cluster of eight-to-10 cells that comprises an early embryos used for stemcells.
Of 16 spare embryos on which they used this technique, the team extracted 91 cells, two of which developed into lines of stemcells that have grown continuously in the lab for eight months.
Tests have shows that the cells are just like ordinary embryonic stem cells.
"These cell lines were genetically normal and retained their potential to form all of the cells of the human body, including nerve, liver, blood, vascular and retinal cells that could potentially be used to treat a range of human diseases," the study says.
The head of the team, Bob Lanza, hopes the breakthrough will prompt US President George W. Bush to lift his veto on the use of federal funds for embryonic stem-cell research.
"We need to jump-start the field, it's been crippled by a lack of funding," said Lanza. "This will hopefully solve the political impasse and bring the president on board, as no embryos will be harmed with this method."
Embryonic stem-cell research in the United States still attracts private financing and federal funds are available for self-replicating stem-cell lines that existed before Bush took office. But the lack of federal support has had a big impact.
Only last month, Bush warned he would not retreat, wielding his first veto in five and a half years in office to annul a bill that would expand government funding for stem-cell research.
He blasted the bill as backing "the taking of innocent human life in the hope of finding medical benefits for others. It crosses a real moral boundary that our society needs to respect".
Lanza met with applause Thursday for his technical prowess, but also caution for his claims.
Ian Wilmut, the British scientist who led the team that created Dolly the Sheep in 1996, said Lanza had derived only two stem-cell lines out of 91 cells, and further work was needed to boost the success rate to make the method useful.
Robin Lovell-Badge of Britain's National Institute for Medical Research, agreed. The chief beneficiaries could be couples who underwent PGD in order to have a stem-cell line matched to a child for future therapeutic use, he said.
"I am also unconvinced by the ethical arguments," said Lovell-Badge. "Spare IVF embryos used to derive stem-cell lines would have been destroyed anyway."
Alison Murdoch of the International Centre for Life, a bioscience and educational institute in Newcastle, northeastern England, said embryos conceived through in-vitro fertilisation and had been screened by PGD had grown into normal bodies.
"However, it is not true to say the biopsy is not detrimental to the embryos. Some embryos do not survive," the website of New Scientist (newscientist.com) quoted Murdoch as saying.
Well, I predicted 12 million in volume yesterday and we're already there. First 6 million in selling and the last 6 million in buying
Posted by neona on :
Is this ever gonna get $2 ?
Posted by ctguy13 on :
I bet the White House will have correspondents on the conference call tomorrow...
Posted by Repoman75 on :
Yep, news conf. will be huge.
Posted by Ace of Spades on :
Stem cell find may shift debate Email Print Normal font Large font Hard cell … Bob Carr and Natasha Stott Despoja.
August 25, 2006
A BREAKTHROUGH in stem cell research in the US, which allows a single stem cell to be removed from embryos without destroying them, may dramatically shift the ethical debate in Australia.
The US development drew conflicting responses from federal MPs yesterday over its significance to proposed Australian legislation to lift the ban on stem cell research that requires the destruction of the embryo.
Opponents of the legislation, including the Minister for Health, Tony Abbott, welcomed the development. It appeared "to offer the prospect of ethical research," he said.
"And if it's all true, it suggests to me that the whole debate we are about to have over changing the law to allow cloning might be unnecessary," said Mr Abbott whose views were echoed by other opponents of cloning.
But a Liberal MP, Mal Washer, who has led the campaign for legislative change, described the latest development as a furphy.
He said that as result of the recommendations by the expert Lockhart review, the Australian debate was about the transfer of cells into an unfertilised human egg for the purposes of producing embryonic stem cells. The US research involved the use of cells from embryos created from sperm and eggs - a process already allowed in Australia with surplus IVF embryos.
Parliament authorised the use of surplus IVF embryos in 2002.
Outside a roundtable discussion organised by the Democrats senator Natasha Stott Despoja in Sydney yesterday, Professor Ian Kerridge and Professor Peter Schofield, members of the Lockhart inquiry, explained why the US research was significant.
"The research is quite an important breakthrough. In this instance a sperm and egg embryo has had one of its cells removed and that cell has been used to derive embryonic stem cells, then allowing the embryo to go and develop normally," Professor Peter Schofield said.
"That research that has been reported in America is not currently permitted in Australia under our legislation.
"We would need to accept some of the Lockhart recommendations to allow a licence to be issued for this type of research … because it would require sperm and egg embryos to be created specifically for research."
However, Professor Ian Kerridge warned that this process was not without risk to the embryo. He said it would be unwise to implant an embryo that had had a cell removed into a woman, allowing it to develop into a child.
Senator Stott Despoja said she had almost completed a draft of a private members bill implementing the Lockhart review findings and hoped to put a draft before Parliament next month. The former health minister Senator Kay Patterson is also working on a private member's bill.
Asked whether her efforts could dovetail with those of Senator Patterson, Senator Stott Despoja said it was imperative they all work together.
Federal Parliament was expected to debate legislation to lift the ban on therapeutic cloning - a technique that does not involve fertilised embyros - next month.
I am hoping it hits 3 by the end of day, but by the way it looks it might not make it I got in at the high end this morning.
Posted by Mysticobra96 on :
Yeah I think this will be a good eod buy.
Posted by Ace of Spades on :
Lib Senator welcomes new stem cell research
AM - Thursday, 24 August , 2006 08:04:00 Reporter: Samantha Hawley TONY EASTLEY: One of the Federal Government's staunchest opponents of embryonic stem cell research for the therapeutic cloning technique has welcomed the groundbreaking research.
Liberal Senator Guy Barnett has backed the Health Minister Tony Abbott's fear that allowing the stem cell research in this country would be a slippery slope towards human cloning.
But Guy Barnett says he would seriously consider supporting the research if there was a guarantee the embryo could be saved.
He's been speaking to Samantha Hawley in Canberra.
GUY BARNETT: This type of research could occur here in Australia under the laws passed four years ago, which allows embryonic stem cell research in certain circumstances.
It highlights the opportunity and the possibility of avoiding, all together, the ethical issues raised by embryonic stem cell research, which under the proposals require the destruction of the human embryo.
That's good news, because it focuses on what needs to be considered, and that is the human embryo, and its life.
SAMANTHA HAWLEY: Okay, so this will then dispel all of your ethical objections?
GUY BARNETT: Well, if this research is subsequently proven, and of course we are unaware of the long-term effects and the health effects in any resulting children, because the researchers say that the embryo can then be used for IVF or for the purposes for sustaining life, so obviously it would need to be further concluded that there are no long-term health effects on any resulting children.
Of course, if you can remove the ethical objections regarding the destruction of the human embryo and the destruction of potential life, they are the very key ingredients to the ethical objections.
SAMANTHA HAWLEY: Well, you agree with the Health Minister Tony Abbot that embryonic stem cell research is a slippery slope towards human cloning, does that then dispel all your concerns about human cloning as well?
GUY BARNETT: No, it doesn't. It doesn't, sadly, because the human cloning is another matter. Every human being is independent and unique and special. Cloning is a creation of a copy, and that is certainly going down the wrong road.
SAMANTHA HAWLEY: Okay, but if there was a Bill before the Australian Parliament that would guaranteed that an embryo wouldn't be destroyed, you would support that.
GUY BARNETT: I would consider that very, very carefully, and I would hope that all members of Parliament would consider the merits of such a thing, where we can avoid the ethical issues of destroying a human embryo.
Posted by Ace of Spades on :
Joyce supportive of new stem cell research method
The World Today - Thursday, 24 August , 2006 12:18:00 Reporter: Samantha Hawley ELEANOR HALL: The Nationals Senator Barnaby Joyce who earlier in the program said he could support stem cell research if the human embryo wasn't destroyed has just heard the comments from Professor Peter Schofield.
He's speaking to Samantha Hawley in Canberra.
BARNABY JOYCE: I acknowledge what Professor Schofield said, however, if you can get stem cells without killing the foetus, or the foetus wasn't specifically made for attaining those cells, then I still do not have an ethical problem with that.
The problem is when you kill a human life for the purpose of attaining material or parts.
SAMANTHA HAWLEY: But Professor Schofield says that in some regards this is more ethically worrying than the existing path.
BARNABY JOYCE: Well, I disagree. If you can attain the cells without killing the human embryo, the human being, then I do not have a problem with that, provided that the human was not created specifically for the attainment of spare parts.
If it is part of its life and it doesn't kill it, and that life can go on, then that is a completely different issue.
SAMANTHA HAWLEY: So, creating a sperm and egg embryo for research, you don't have an ethical problem with that.
BARNABY JOYCE: My ethical problem is in the killing of human life.
Posted by T e x on :
quote:Originally posted by bksundar: People already getting fed up with this stock. I really thought this will almost reach $3 in the morning before re-tracing to the 2s...
disagree...traders had lottsa profit from yesterday...MMs not so much...they've been hopping all over, taking turns...eg, NITE was bidside 1.76, then 1.77, then 1.82....
What's your take, Deuce?
Posted by Mysticobra96 on :
Well I changed my chart to 5min instead of min/min and wow! I would have never bought when I did if I had looked at the 5 min chart. I think its much better for the bigger stocks. I use the min/min for pennies but Im going to use the 5 min for 1.00+ cuz its much more accurate. Hope it helps some others figure this nightmare of when to buy and sell out!
Posted by Ace of Spades on :
Bush Administration Invents New Excuse To Oppose Embryonic Stem Cell Research
[ August 24, 2006, 12:30: Message edited by: Ace of Spades ]
Posted by Double Deuce on :
quote:Originally posted by T e x:
quote:Originally posted by bksundar: People already getting fed up with this stock. I really thought this will almost reach $3 in the morning before re-tracing to the 2s...
disagree...traders had lottsa profit from yesterday...MMs not so much...they've been hopping all over, taking turns...eg, NITE was bidside 1.76, then 1.77, then 1.82....
What's your take, Deuce?
Clearly the MMs have been enjoying themselves today. This news isn't going away folks.....too big an issue and it is the talk of the world today. This morning's action has been profit taking by the traders....imo
Posted by T e x on :
i'll buy that...
Posted by bksundar on :
Being run down to 1.60s.... I bought at 1.20
Posted by Mysticobra96 on :
This stock is tuff because based on charts its a no brainer to sell. But this news could make it still run tomorrow. I think I'll have to wait till eod to make a decision.
Posted by BLACKBEARD on :
conferance call tommorrow too
Posted by T e x on :
1.79 coming?
Posted by Mysticobra96 on :
I think it might have 1.75 in it then back down.
Posted by Jo4321 on :
Clearly this is a hot topic. Don't you all think that this will be hitting even the national evening news tonight? Could be setting up for a big gap in the am, especially with the conference call during the day.
Jo
Posted by IMAKEMONEY on :
ok im in 1.69, do it!
Posted by neona on :
What time tomorrow is the Press-Conference?
Posted by T e x on :
quote:Originally posted by Jo4321: Clearly this is a hot topic. Don't you all think that this will be hitting even the national evening news tonight? Could be setting up for a big gap in the am, especially with the conference call during the day.
Jo
fresh news doubtful...
conference call may have some punch...
Posted by Mysticobra96 on :
I think its 12 EST.
Posted by Fuzzy1018 on :
we'll have a huge eod run imo
Posted by bksundar on :
Hope you are right. I want $2 barrier to be broken. So far the bashers have been right, though.
Posted by BLACKBEARD on :
it maybe alittle slow jist yet but with over 300% gain yesterday and only down 9% ,, wonderfull IMO
Posted by bksundar on :
Normally with such wonderful news I expect to see the usual 3 day uptick, and then drop down on the third day. Not the second day itself...
Posted by Fuzzy1018 on :
with the conferance call tom. this shud be a great play today, tom. and on monday watch
Posted by glassman on :
quote:Originally posted by bksundar: Hope you are right. I want $2 barrier to be broken. So far the bashers have been right, though.
"bashers" ? not bashers...
read filings... 21 million shares to sell...
Posted by T e x on :
yay! 7.5mm yesterday, 13.5 today...
so one more mill and we can go, right?
no--wait-we hit the 21...!!!! Posted by glassman on :
depends on how they are counting...
Posted by bksundar on :
Yesterday around this time was the meteoric rise !!!
Posted by Mysticobra96 on :
At least their next 10Q will look nice with $42M in cash well probably less than that after the chairmen take their cuts. I doubt I'm going to try to get back in this it doesn't look to promissing yet, unless the eod pulls a 180.
Posted by T e x on :
you mean, right after the PR?
Posted by Mysticobra96 on :
Anyone notice 2 days ago 100% gain on little volume? Think someone knew about this before it was released? NO FAIR
Posted by bksundar on :
Of course... Thats how the real smart guys make MAX money !!!
Posted by wallymac on :
quote:Originally posted by Jo4321: Clearly this is a hot topic. Don't you all think that this will be hitting even the national evening news tonight? Could be setting up for a big gap in the am, especially with the conference call during the day.
Jo
I saw it on the national evening news last night. NBC
Posted by T e x on :
yup
Posted by Mysticobra96 on :
Heading back down towards low of the day. Doesn't look good for tomorrow fellas. I don't think I will be holding this over night. If this continues expect a gap down in the am and then maybe some buying before the cc
Posted by bksundar on :
Keeps going down and down...
Posted by Livinonklendathu on :
They do have an open 424B3 - I'm wondering if they have been selling into this.
Posted by JimSC on :
quote:Originally posted by Mysticobra96: Anyone notice 2 days ago 100% gain on little volume? Think someone knew about this before it was released? NO FAIR
Most people are not willing to take a risk when the pps is at bottom and the MMs are collecting. They like to get in only after it runs wild. Try to follow the MMs and win the game with them.
I'm pretty sure we'll turn around and go up today
Posted by bksundar on :
Time will tell..SO far signs do not look good. Looks like it is trying to go below 1.60
Posted by Double Deuce on :
On the daily chart we now have a double bottom for the day....should bounce right here if it's going to...
Bid is now stacking at 1.60
Posted by neona on :
Less than 1 hour before closing right? What time it's the market closing? 4pm EST?
Posted by bksundar on :
Looking to recover it seems... Good
Posted by neona on :
Recovering? No, I don't see it Posted by Jo4321 on :
quote:Originally posted by Wallymac: I saw it on the national evening news last night. NBC
Well, there ya go. I'm always a day late and a dollar short. Several dollars short in fact.
Here's hoping ABC and CBS have a story.
Jo
Posted by T e x on :
quote:Originally posted by Livinonklendathu: They do have an open 424B3 - I'm wondering if they have been selling into this.
that's the 21mm, eh?
Posted by T e x on :
quote:Originally posted by Jo4321:
quote:Originally posted by Wallymac: I saw it on the national evening news last night. NBC
Well, there ya go. I'm always a day late and a dollar short. Several dollars short in fact.
Here's hoping ABC and CBS have a story.
Jo
lol, all of 'em did...NBC, ABC, Fox...well, I can't say about CBS...but the other 3 I know did.
And, like the network TV stories, The Dallas Morning News lead story on page one today never mentioned they're a public company. One could easily get the idea it's some private, "boutique" lab.
Still enough traders knew...no excuse, there...
Posted by neona on :
Do you think it's going down. I didn't see "no-brainer $5" today...I didn't see $3... hell, I didn't see a sleazy $2 either.... But I do see it's going down real fast.... Any ideas?
Posted by bksundar on :
You have to be wary of the $5/$10 claims in a day or two. I was hoping to see it remain at $2 above for today at least, and then down on Friday. But obviously it was just cherrleading thoughts !!!
Posted by Doniboy on :
Neona, I never got in this...yet... but I can tell you that you have to be relaxed, and don't trade with emotion. Never buy something at the open during a run. I think that this thing is a victim of flippers, profit takers, and emotional panic. It should go up again.
Posted by Livinonklendathu on :
quote: -------------------------------------------------------------------------------- Originally posted by T e x:
quote: -------------------------------------------------------------------------------- Originally posted by Livinonklendathu: They do have an open 424B3 - I'm wondering if they have been selling into this. --------------------------------------------------------------------------------
that's the 21mm, eh? --------------------------------------------------------------------------------
Yup 20.4 m - some interesting dates on the CD's as well - seems September 1 is special? - not to sure how all that works.:
Yeah, Doniboy, I shouldn't be reacting the way I do, but there's just so much on stake and I so far didn't see anything encouraging. I guess patience is part of the game Thanks though.
Posted by ctguy13 on :
Time to buy!
Posted by bksundar on :
Trading in this hour should give us leads for tommorrow..
Posted by ctguy13 on :
About to break the low... might buy right before the close.
Posted by bksundar on :
Ya right NITE wants those shares !!! PUMPER !!!
Posted by Schwabie on :
$1.49 Last Price 0.33 -18.03% Today’s Change $2.30 Today’s Open 14,799,335 Above Avg. Today’s Volume
Posted by bksundar on :
New low 1.47
Posted by Doniboy on :
Wow
Posted by bksundar on :
Who predicted today's action after yesterday's news ? He is a genius....
Posted by T e x on :
well...
I must say, I can't recall a more disappointing play in recent memory. . .
Posted by BLACKBEARD on :
with that kind of earth shattering news i thought this would have closed over 3 bucks like repo said , like nvao did a few months back
Posted by $$$bill on :
quote:Originally posted by T e x: well...
I must say, I can't recall a more disappointing play in recent memory. . .
I can SJLB!
Posted by $$$bill on :
i mean sljb!
Posted by T e x on :
quote:Originally posted by $$$bill:
quote:Originally posted by T e x: well...
I must say, I can't recall a more disappointing play in recent memory. . .
I can SJLB!
feel your pain, man...but, lolf'nl...they didn't have front-page, worldwide, evening TV news, either...
Posted by Doniboy on :
I'm finally in. You guys have got to see this has potential like you read about. In fact, you have been reading about it in every major newspaper on Earth.
GO ACTC!!!!
Posted by Double Deuce on :
I'm holding.
Posted by BLACKBEARD on :
me too
Posted by MagicK on :
Holding here too, a bag, but I'm holding it;)
Posted by BLACKBEARD on :
i thought about sellin but it still up over 300% from yesterday ,,, strong
Posted by Repoman75 on :
Buy or no buy.. hmm.
Posted by T e x on :
quote:Originally posted by Double Deuce: I'm holding.
o, ya--me, too...
just saying...I *am* disappointed, the way the session went...
Posted by MagicK on :
Conference call a turning point? Thoughts?
Posted by BLACKBEARD on :
quote:Originally posted by Repoman75: Buy or no buy.. hmm.
doubting yerself?
Posted by Repoman75 on :
Can't make up my mind! Can't see how the open is going to be...
Posted by Fuzzy1018 on :
hoding here aswell; too much potential for it to go up. conference call tom. could be real good
Posted by T e x on :
quote:Originally posted by MagicK: Conference call a turning point? Thoughts?
If they have their ducks in a row...
CEO been interviewed enough to be "polished" ... could go well, for sure.
Posted by bksundar on :
I am holding. But extremely disappointed...
Posted by T e x on :
$1.58!
High of the Past Ten Minutes...whooooo hoooooo!
Posted by Double Deuce on :
cool....close at my buy...I'm even...LOL
Posted by bksundar on :
I feel exhausted by all the cheerleading that has gone on (myself included) for the gain we have had....
Posted by T e x on :
liked the close...
and, hey--nice to be on one with ya again, Duece!
Posted by MagicK on :
Callers within the United States can access the conference call by calling (800) 230-1074, when prompted tell the operator you would like to connect to the 'Advanced Cell Technology conference call.' International callers can dial (612) 332-0228. An online audio web simulcast of the call will also be accessible at http://www.trilogy-capital.com/tcp/advanced_cell/. About Advanced Cell Technology, Inc.
Posted by T e x on :
quote:Originally posted by MagicK: Callers within the United States can access the conference call by calling (800) 230-1074, when prompted tell the operator you would like to connect to the 'Advanced Cell Technology conference call.' International callers can dial (612) 332-0228. An online audio web simulcast of the call will also be accessible at http://www.trilogy-capital.com/tcp/advanced_cell/. About Advanced Cell Technology, Inc.
nice
thanks, Magick
Posted by Doniboy on :
Where are the chartists. Are all gaps filled? Are we ready to explode here?
Posted by zzepman on :
this was the first stock trade for me. did several months of reading and paper trading that was going good. i had all my strategies ready my account settled yesterday i wasn't going to chase anything then this actc comes along everybody goes bonkers and i threw all my strategies out the window got in at 2.10 today and am now bag holdin. i let my emotions get the best of me. lesson learned
Posted by neona on :
I'm very upset after today's session. I had big expectations after the yesterday's predictions... Now I don't know what to expect from tomorrow. This press conference will take place in the afternoon, I think, after the market is closed anyway. I guess the stock will keep going down. I'd say it would open at around 1.38 if not below. And I thought that I was "way safe"... I'm still holding (like I had other choice)and still hoping that MAYBE we'll have a good day tomorrow. It's Friday and it will suck if it's gonna be like today. I just want a peacefull weekend for once:) What do you think will happen tomorrow?
Posted by Fuzzy1018 on :
it closed strong, conferance call is at 12 eastern time; so i expect it to go up in anticipation of conf. call.
Posted by Repoman75 on :
I would look at this long term... it had its breakout run, no more 300% days for awhile.. have to wait for another earth shattering PR. Hold tight, and God speed!
Posted by Double Deuce on :
quote:Originally posted by T e x: liked the close...
and, hey--nice to be on one with ya again, Duece!
Backatcha bubba!
Posted by Doniboy on :
There's always a choice Neona. If you believe that it will go down, then sell. The hardest thing about trading in my opinion is learning to cut your losses.
BTW I think it will go up tomorrow.
Posted by neona on :
Doniboy, I didn't have much options though I bought it when it was already too high and based on the predictions that were made yesterday I supposed that I't will eventually go up. It didn't happen. It barely touched 1.70! I couldn't sell because It was waaaay tooo low. There is still tomorrow.
Posted by Tradepal on :
I'm average 1.92, and still holding, a bit scared but holding...
Posted by Livinonklendathu on :
quote:Originally posted by Doniboy: Where are the chartists. Are all gaps filled? Are we ready to explode here?
All gaps filled:
Posted by neona on :
Well yeah, we couldn't possibly sell at 1.60 when we got it at around 1.80-2.0 right? Tomorrow, I guess is the last chance we have to turn it around... Starting Monday this will be considered a long term stock and I'll be oficially burned. I can't afford to keep most of my assets locked in this stock. I need to move fast.
Posted by MagicK on :
Your welcome Tex.
Well, it could of been worse. Need to take a deep breath, then go workout. Thought there would be some profit taking, then off to at least three. Now, I just want to see how tomorrow does. GLTA
Posted by BLACKBEARD on :
i know that the weekly chart looks ,,well smashing i say smashing , it makes this week look small i would love to retest or blast through 52 week high
Posted by BLACKBEARD on :
not saying im against it or for it , but heres avalid point our friggin stupid azz govt approved the plan B pill today , and abortion has been legal for along time but there hanging on this , what a bunch clowns. there that felt better Posted by MoneyMoneyMoney on :
quote:Originally posted by Repoman75: I would look at this long term... it had its breakout run, no more 300% days for awhile.. have to wait for another earth shattering PR. Hold tight, and God speed!
Impact of new stem cell extraction on WARF patents remains unclear Joe Vanden Plas • Published 08/24/06 Print this article • E-mail this article • Add your opinion Madison, Wis. - The United States Catholic Bishops did not waver, and after some initial signs of hesitation, neither did the White House.
Wisconsin Right to Life, however, is not yet prepared to rule out a new method of deriving stem cells from human embryos that does not destroy embryos, and gubernatorial candidate Mark Green believes it's a promising development.
While various objections still remain, could the fact that this new method of deriving stem cells, which appears to avoid one of the principal objections to existing methods, shift public opinion even further in the direction of new federal funding for embryonic stem cell research?
That's exactly what researchers at Advanced Cell Technology claim to have accomplished, and one of the company's top executives wasted time framing the debate.
"There is no rational reason left to oppose this research," Dr. Robert Lanza, vice president of Advanced Cell Technology, told the New York Times.
Following the announcement, there was widespread optimism that the new method could end the impasse over new federal funding for human embryonic stem cell research. Federal policy now prohibits using any federal money for new lines of human embryonic stem cells, but does not restrict private money.
Even Wisconsin Right to Life and Congressman Mark Green, both ardent opponents of human embryonic stem cell research that requires the destruction of embryos, did not take an immediate stand against the new method.
"We really need to first confer with out scientific experts," said Susan Armacost, legislative and political action committee director for the pro-life organization.
Luke Punzenberger, press secretary for the Green Campaign, said the Republican gubernatorial candidate is encouraged by the news. "He thinks this is a very promising development in stem cell research, and it's clear that we may be able to conduct this research without grappling with some of these signficant ethical questions," Punzenberger said.
New method
Researchers believe human embryonic stem cell research could result in cures and treatments for a range of maladies, including heart disease, Alzheimer's, Parkinson's, and diabetes. These cells are called "pluripotent" because they can be used to replicate virtually any cell in the human body, but before now they have been derived in a method that required destruction of later-stage embryos called blastocysts.
There are an estimated 400,000 unused embryos available in in-vitro fertilization clinics that supporters of stem cell research say would be discarded if not used for human embryonic stem cell research.
The new method would be performed after the fertilized egg has divided into only eight cells, which are called blastomeres. In-Vitro clinics will occasionally remove one of the blastomeres for diagnostic testing for Downs Syndrome and other conditions. If no defects are found, the remainder of the embryo is implanted in the woman and is capable of producing a healthy baby. Roughly 1,000 such babies have been born without any noticeable harm.
The cell that is removed from the embryo also can be used to derive stem cells, but more testing is needed to evaluate whether it can produce stem cells that are comparable to those derived in existing methods.
If the new method is be confirmed by other scientists, it could be an important breakthrough.
More legal battles?
But what about the legal ramifications, particularly with the stem cell patents granted to the Wisconsin Alumni Research Foundation? What happens if Advanced Cell Technology attempts to patent its method of deriving s tem cells when WARF not only holds patents for its method, derived by University of Wisconsin-Madison researcher James Thomson, but also a composition-of-matter patent on all embryonic stem cells?
WARF manages inventions by UW-Madison professors and claims United States patents on all human embryonic stem cells in the U.S., no matter where or how they are derived. These patents, which are likely to produce a windfall for the UW, were obtained by WARF after Thomson grew human embryonic stem cells in a laboratory.
Andrew Cohn, a spokesman for WARF, said the new method of deriving stem cells should not hurt Wisconsin's standing as a leader in stem-cell research. He also said WiCell, the nation's first stem-cell bank and a subsidiary of WARF, would be interested in helping distribute stem cell lines derived from this method.
He also said it's too early to tell how the new method would impact WARF's stem cell patents. "We don't even know what they'd claim in their patents, but that's the last thing we're concerned about," Cohn said. "We need time to dissect and digest its full impact."
The WARF patents already are embroiled in a legal challenge. The Public Patent Foundation, on behalf of the California-based Foundation for Taxpayer and Consumer Rights, has filed a formal request with the United States Patent and Trademark Office to re-examine three patents held by WARF. The filing contends that WARF patents are restricting scientific research and never should have been granted.
If the WARF patents are upheld, would the organization have the right to make a claim on stem cells derived by this new method? John Simpson, stem cell project director for the Santa Monica-based Foundation for Taxpayer and Consumer Rights, believes they would. "They would claim the right to human embryonic stem cell patents derived in this [new] way," Simpson stated.
He also said the new method of deriving stem cells doesn't make the WARF patent a moot point because it hasn't been replicated elsewhere, and the research community still isn't sure how robust it is.
"It's unclear how effective it will be in deriving all the different types of stem cells that are needed [for research]," he said.
Related stories
• Bush vetoes stem cell research bill
• Request to re-examine WARF stem cell patents escalates war of words
• California group says ruling weakens WARF's stem cell patent
• WARF says it's ready for a legal challenge on stem cells
• Human stem cells grown free of animal contamination"
Posted by T e x on :
"Stem Cell Breakthrough Won't Satisfy Religious Conservatives Thursday, August 24, 2006 By: Yaron Brook
Irvine, CA--"The researchers at Advanced Cell Technology should be congratulated for their scientific breakthrough," said Dr. Yaron Brook, executive director of the Ayn Rand Institute. "But their new method of creating stem cell lines will not stop religious opposition to scientific progress."
In developing a method of extracting embryonic stem cells without destroying the embryo, the team was, in part, trying to address the concerns of those opposed to the destruction of embryos. As the team leader said: "There is no rational reason left to oppose this research."
"But there has never been a rational reason to oppose embryonic stem cell research," said Dr. Brook. "The opposition comes mainly from religious conservatives and is--by their own declaration--based on faith, not on reason. It is based on the irrational belief that a mere clump of cells is a full-fledged human being."
"There is no rational reason to morally oppose this research, and its potential to produce treatments for such diseases as diabetes, Alzheimer's, and Parkinson's is ample reason to morally support it.
"It is a mistake to try to appease religious conservatives on this issue. What they are opposed to, fundamentally, is science as such.""
### ### ###
(Notice: Dr. Brook is with the Ayn Rand Institute, not the company -- tex)
Posted by glassman on :
"It is a mistake to try to appease religious conservatives on this issue. What they are opposed to, fundamentally, is science as such."
messing with insects is much less "controversial" Posted by T e x on :
ha ha--put your dukes up!
from about three hours ago, these guys are fighting Bush's stance:
"White House Falsely Claims New Stem Cell Study ‘Has Not Been Reviewed By Scientists and Bio-Ethicists Yet’ Today, a new study was published that shows embryonic stem cells lines can be created without the destruction of human embryos. Previously, the White House has said they oppose the creation of new stem cell lines because it involved the destruction of embryos.
In today’s New York Times, White House spokeswoman Emily Lawrimore said “Any use of human embryos for research purposes raises serious ethical questions. This technique does not resolve those concerns.” This afternoon, the White House changed their story. Here’s Deputy Press Secretary Dana Perino:
QUESTION: Any decision to perhaps revisit the President’s position on federal funding for stem cell research, in light of this new development that was published yesterday in the journal Nature?
PERINO: …This study today reported in Nature Magazine has not been reviewed by scientists and bio-ethicists yet, but it is one that the President believes deserves a good look. He is encouraged that there are scientists who are continuing to look for innovative ways to do stem cell research that would not involve the destruction of embryos. And so he is going to listen to folks after they have a chance to review the study, but it does hold some promise that they would be able to do that type of research without destruction of a human embryo.
This is false. ThinkProgress spoke with bioethicist Ronald Green, who is an ethics advisor to Robert Lanza, an author of the study. Green said that in order to be published in Nature, the paper went through a rigourous peer review process, which lasted nearly three months.
The study was also reviewed by bioethicts. It was reviewed and approved by the Ethics Advisory Board of Advanced Cell Technology. Also an independent review board was constituted to scrutinize the study, as required by Massachusetts law.
Digg It!"
check out the link for (at the time) about 60 comments below the story. Pretty good... my favorite is comment #14...
Posted by T e x on :
quote:Originally posted by glassman: "It is a mistake to try to appease religious conservatives on this issue. What they are opposed to, fundamentally, is science as such."
messing with insects is much less "controversial"
uhn uhh...ain't you ever seen that movie, The Fly?
lol, I'm liking this more and more...It Bugs Bush!
Posted by Doniboy on :
If I was dying of a disease that could have been cured by stem cell research I wouldn't give a crap what bio-ethicists thought. In fact I am not dying and I still don't care what they think.
Whenever Science battles religion, religion always loses, why do they continue to fight?
Posted by T e x on :
Understood, doni...
but that *is* kinda the play, doncha see...
Supposedly the technique avoids the argument...now? why go ahead and argue, anyway?
You got me, there... Posted by glassman on :
Whenever Science battles religion, religion always loses, why do they continue to fight?
hmmmm...
you must live in a blue state Posted by Repoman75 on :
Let's not turn this into another useless, mind numbing off topic thread... God knows WHO will show up next.
Posted by glassman on :
it's on PBS world news right now here...
the CEO ( of a California co. ?) gets on for a ten second sound bite...
OK, now they have a Dr Lanza from adv. cell tech on.. and some religious guy..
Posted by T e x on :
radio?
Posted by glassman on :
TV... Public Tv World News..good coverage so far... Lanza is shown as being in Shrewsbury Mass, and he's getting a real interview
Advanced Cell Tech is getting printed on the screen...
he's got a real Mass accent...
Posted by T e x on :
maybe they'll show *yesterday's" chart... Posted by glassman on :
he's being countered by Rishard Doerflinger US conference of Catolic Bishops and hes shredding it..
saying they killed all the embryos.. but Lanza is fighting back...
says the Bishop is misrepresenting .. says he got healthy beautiful blastocysts (SP) from two lines...
this is on right now still..
Posted by glassman on :
good thing they are in differnt rooms..they are both spitting as they speak now...
Posted by glassman on :
Bishop calls them LYARS..
says they kiled 16 embryos..
Posted by glassman on :
anger management needed here..
the Bishop is not agreeing at all... he's saying they are using this unethically in no uncertain terms...
don't be mad at me... i'm just posting it as it comes thru..
i am for this research... the Bishops are just gonna fight this all the way is what i hear them saying.. and? i am familiar with the work... ended at 35 past the hour and it had already stared when i started posting... about 15 minutes total? yes that's press...
Posted by T e x on :
that's GREAT exposure...
Posted by T e x on :
"yes that's press.."
and may well continue...
(you got mail)
Posted by Doniboy on :
The worse thing that can happen to an activist is to win, after that their cause is gone and they have nothing to do...lol You can expect a LOT of crazies coming out of the woodwork to combat this thing, but like Tex said, its all exposure for our company. In fact I guarantee that there are meetings of the mindless going on right now trying to come up with reasons to dislike this new breakthrough. The truth is that they hate science and would rather that we pray for disease to go away.
BTW I am from an extremely Democratic state, but I am an independent and I voted for Bush.
Posted by Mysticobra96 on :
You guys all realize your not going to get any sleep tongiht right? Thats the only reason I didn't buy it at the eod!!
Posted by Doniboy on :
Whats a mystico Bra? Can I get one for my wife?
Posted by Doniboy on :
Where is everyone, come on people, lets talk ACTC!!!!!
Posted by coalkickin on :
You get in Don...I wasn't in front of the computer until late in the trading day...let's just say I was not happy...had high hopes for this one
Posted by T e x on :
I think it levels off now, into a climber...
put it this way: the way I got started trading? overhead a conversation in a bar, about the GTEL stratellite...
I thought: hmmm, like to get a piece o dat...
that was one, overhead conversation... make sense?
Posted by neona on :
I'm screwed if it doesn't hit $2.0 tomorrow. Not happy with today's session. And what if the Conference Call has a reverse effect? They say there were 16 embryos killed... Not that I give a damn, but this may destroy us... I'm just so worried probably won't sleep all night...Lots of money on stake and so far loosing big time. Somebody give me a hug....or a drink:)... cancel the hug...I'll take the drink...lol
Posted by glassman on :
neona... that was the Bishops claim...
i posted it just as i heard it...
Posted by coalkickin on :
Thanks Tex....There was alot of money flowing today..
Posted by T e x on :
ahhh, neona, neona, neona....
what we gonna do with you, lol...???
how can I put this nicely?
ummmmmm...
Posted by BLACKBEARD on :
quote:Originally posted by Mysticobra96: You guys all realize your not going to get any sleep tongiht right? Thats the only reason I didn't buy it at the eod!!
i'll sleep fine i'm still up around 175% Posted by Doniboy on :
I got in at $1.53. I made a big .07 per share, but I guess its better than some. Neona you need to chill man. When you say things like "I have no choice but to hold now" you will see the veterans cringe. Of course you can sell. You can take that money, find another play and make all your money back plus more. The only time you can't sell is if you own a ton of shares of a stock that dumps down to nothing. In that case your better off holding, but This stock is still at $1.60 a share. How many shares do you have?
Posted by zzepman on :
im in at 2.10. if it drops hard tommorrow ill bite the bullet take the loss and move on.
Posted by T e x on :
Oooo lawzy...
OK--zz? You and Neona need to do whatever you're going to do. Me? I'd say with you guys' comfort level, you should be setting exit points at somewhere between 7.5 to 12.5...*maybe* 15% loss. NO more than 20%...
As soon as you buy...have your sell order set up, ready to pull the trigger...
This is the second "big-unusual" play of the summer...may not, in fact, be a good one to cut teeth. zz? will say this, you got the necessary attitude. But "drops hard" is w-a-a-y too subjective. Neona? You simply must have a plan...why did you buy this? If your answer is "You guys were saying..." aaagghh... *BIG BUZZER* Sound... Simply put: you never buy cuz of "what peeps are saying."
Does that mean you're stoopid?
No--we've ALL done it...but if you're worried and losing sleep? May not be the game for you. Pennies are ruthless...
Now: objectively...this can, imo, *print* lower than the 200-moving day, but if it *closes* below 1.39-1.37...well, that's defintely short-term trouble. Many traders are eyeing that $1.39 level, and some will set that as bail-point. Others will risk prints as low as, i dunno, just saying 1.25...even a buck...
But even another red-day tomorrow is not necessarily doomsday...
we do wanna close above 1.39ish
Posted by Doniboy on :
Also, expect a run (or at least an upshift) just before and/or during the conference call. If you are nervous then sell at that time.
Tex, I feel a green Friday...
Posted by T e x on :
maybe...hope so
just saying, another red day is not end o de world...
Posted by Repoman75 on :
You never know what they may say.. may start a run afterwards.. what if they announce "Gov't agency XYZ will be reviewing our plans..." BOOM, start your engines.
Posted by Double Deuce on :
okay.....the bottom line is this....no doubt this is a "politicaly charged subject"....it will be talked about for the forseeable future because of it's implications and actc is right smack in the middle of the foray.....and guess what....this will go much higher both on speculation and debate....fueled by more of the same NATIONAL / INTERNATIONAL press releases, nightly news casts, and front page articles ....BOL to all...
Posted by neona on :
Ok, I'll make it work one way or the other. Thank you all for your advice. Good Friday to all.
Posted by T e x on :
quote:Originally posted by neona: Ok, I'll make it work one way or the other. Thank you all for your advice. Good Friday to all.
Neona? we may get off on the wrong foot, here--but what I'm saying is, do NOT seek "advice." Those who would "advise" you are suspect--right offa the bat.
Weigh opinions...don't take advice...
that's my opinion Posted by glassman on :
good luck neona...
i see you are fairly new here.. welcome to allstocks.. here's some reading...
"I'd say with you guys' comfort level, you should be setting exit points at somewhere between 7.5 to 12.5...*maybe* 15% loss. NO more than 20%..."
that is my game plan. kinda threw it out the window here but wont make that mistake again.
"As soon as you buy...have your sell order set up, ready to pull the trigger..."
this is good advice and will be a part of the game plan from now on.
anyway i wont lose sleep tonight. i dont have enough shares for that. ill wait to see what happens tommorrow and then make my decision.
thanks for all the help everybody
Posted by neona on :
Thank you GLASSMAN & TEX! Yes, I'm a newbie - this is my first "real" trade. I've learned a lot, mostly what not to do. I guess that's the way to go.
Posted by Jo4321 on :
quote: White House says new stem cell method "encouraging" By Andy Sullivan Thu Aug 24, 6:29 PM ET
WASHINGTON (Reuters) - The White House on Thursday said it was encouraged by a new method for embryonic stem cell research, an advance that could help resolve President George W. Bush's objections to what he views as the destruction of life.
Bush used his first veto last month to block increased federal spending for such research, despite strong public support for the effort to combat diseases like Alzheimer's and Parkinson's.
"The president believes (the new research) deserves a good look, he is encouraged that there are scientists who are continuing to look for innovative ways to do stem cell research that would not involve the destruction of embryos," White House spokeswoman Dana Perino said.
But experts said the technique announced on Wednesday by Advanced Cell Technology won't resolve ethical debates and political battles that have divided the rest of the country for years.
Conservative religious groups, for example, said the Massachusetts company's announcement did not change their view the research destroyed potential human life.
Advocates of increased research said it was a vain attempt to resolve a debate about medical ethics through science.
"This isn't a technique that's going anywhere. This isn't an alternative to anything," said Arthur Caplan, director of the University of Pennsylvania Center for Bioethics.
Stem cells, which can develop into any kind of body tissue, are prized by medical researchers who believe they can lead to tailored treatments for diseases including cancer and diabetes.
Though they are available from many sources many experts say the most powerful and versatile cells may be those taken from embryos. Religious conservatives oppose this process because those embryos are destroyed when the cells are removed.
SINGLE CELL REMOVED FROM EMBRYO
Opinion polls show strong support for expanding federally backed embryonic stem cell research and the issue could figure prominently in November's congressional elections.
ACT's method, described in the science journal Nature, takes a single cell from an eight-celled embryo without harming it.
But that single cell must be combined with other cells harvested earlier, presumably from a process that destroyed embryos, said Michele Shoun, editor of Baptists for Life, a publication for ministers that opposes stem cell research involving embryos.
"I appreciate that someone is trying to work with our concerns, but I don't think they've quite reached that," Shoun said.
Richard Doerflinger, a bioethics expert with the U.S. Conference of Catholic Bishops, said the experiment was unethical because it involved discarding embryos.
"The Catholic Church is open to considering all ethically acceptable avenues of stem cell research. The new study ... however, raises more ethical questions than it answers," he said.
Stanford University medical researcher Bill Hurlbut, who sits on the President's Council for Bioethics, praised the study as a valiant attempt to build consensus, but said it did not answer many questions about the dangers involved in the process.
"This represents the right attitude, but I think there are other methods that will provide a wider range of cells and be easier to accomplish," he said.
(Additional reporting by Tabassum Zakaria)
Posted by doling2005 on :
quote:Originally posted by neona: Thank you GLASSMAN & TEX! Yes, I'm a newbie - this is my first "real" trade. I've learned a lot, mostly what not to do. I guess that's the way to go.
I saw that someone had recommended that you buy on the open and I felt like saying something to you but didn't. Another poster so accurately put it that when you are smiling...SELL and take any profit...however, that said, this story is one of a kind and I think it's not good to panic sell either..keep a close eye on it.. good luck
Posted by glassman on :
if you had told him not to? it woulda run toda moon...
the market just is what it is.. the filings tell us a certain story, but only half...
the number of buyers that show up is the other half..
then? there's the third half , and that's the emotional issue...
this TYPE of research is the next revolution... we had the silicon revolution... soon? we'll have the carbon revolution...
but? it will have a lot of controversy...
i am not recommending a buy or sell here... only one finger pushes the buy/sell button...
Posted by neona on :
It sounds like a riddle Hope Friday holds the answers.
I'm a female by the way Posted by BLACKBEARD on :
WebAlert: Advanced Cell to Hold Conference Call Today at 12 Noon ET to Discuss Technique to Produce Stem Cells without Harming Embryo; Company to Review Milestones and Mission to Develop and Commercialize Groundbreaking Stem Cell Technology
ALAMEDA, Calif., Aug 25, 2006 (BUSINESS WIRE) -- Advanced Cell Technology, Inc. (ACTC), developers of groundbreaking human embryonic stem cell technologies to create next-generation medical therapies, will host a live investor conference call with a simultaneous webcast, today at 12 noon Eastern, to discuss its novel technique to generate human embryonic stem cell lines while preserving the original embryo's potential for life and development.
Advanced Cell Chief Executive Officer, William Caldwell IV and Dr. Michael D. West, Ph.D., President and Chief Scientific Officer of ACT, will discuss the company's scientific advances and business initiatives, and will address investor questions.
To participate, please register online as explained below. The webcast will last approximately 30 minutes.
WHAT:
Conference Call with Advanced Cell Technology WHEN:
Today, August 25, 2006, at 12 noon Eastern HOW:
Callers within the United States may dial (800) 230-1074.
When prompted, tell the operator that you would like to
connect to the Advanced Cell conference call. International
callers can dial 612-332-0228. COST:
The conference call is free of charge. WEBCAST:
An online audio simulcast of the call will also be
As of yesterday, people do not want to see this beyond a 50m million dollar company !!!! Of course, we all thought it would reach 100 million market cap for a day...
Posted by Doniboy on :
Will the conference call boost this thing? Will anticipation of the CC boost this thing? Will day traders pop in before the call and sell during or after? I do not know, but it's very exciting right now. Posted by BLACKBEARD on :
yeah my butt cheeks are pretty tight right now Posted by RagingBull on :
*crosses fingers*
Posted by neona on :
6 min before the race is on Posted by The King on :
Hello, everyone new here got in 2.16 thought yesterday would be a support level but boy did it drop.....
Posted by bksundar on :
I do not expect any major movements like yesterday till the conference call maybe
Posted by bksundar on :
But I think it might be slightly opposite of yesterday, go down in the morning and rise later...
Posted by bksundar on :
Huge volume bursts in the morning !!!
Posted by bksundar on :
What a crash this morning at 1.35 now..
Posted by Double Deuce on :
should bounce off the 200 here
Posted by Double Deuce on :
yep
Posted by ctguy13 on :
I hope no one who owns this stock voted for Bush in either of the last 2 elections....because....well....that would be a HUGE contradiction!
Posted by bksundar on :
crashing further... But I am still holding Like I did in 2002 !!!
Posted by Doniboy on :
There's more to elections than just one issue.
quote:Originally posted by ctguy13: I hope no one who owns this stock voted for Bush in either of the last 2 elections....because....well....that would be a HUGE contradiction!
Posted by Double Deuce on :
seems to have found support at 1.31....
Posted by Double Deuce on :
Posted by tompom on :
back in at 1.35
Posted by Doniboy on :
bum deal so far today.
Posted by RagingBull on :
out at 1.31 dont have the stomach for this if things turn around at noon ill chase bakc in
Posted by Doniboy on :
WTF!!!!!!!!
Posted by bksundar on :
1.15 low so far !!! 2.30 to 1.15 in a day or so...
Posted by Doniboy on :
The panic is on
Posted by neona on :
1.06
Posted by Doniboy on :
NEWS.
Advanced Cell Technology Announces Financing Commitments Friday August 25, 10:09 am ET Existing Investors Exercise Additional Investment Right Company Reprices Warrants
ALAMEDA, Calif.--(BUSINESS WIRE)--Aug. 25, 2006--Advanced Cell Technology, Inc. (OTCBB: ACTC - News) today announced two separate financing transactions. ADVERTISEMENT
Advanced Cell received notices on August 23, 2006 from substantially all of the holders of the Company's currently outstanding amortizing convertible debentures and common stock purchase warrants issued September 15, 2005, exercising their existing additional investment option to purchase additional debentures and warrants. Upon closing, the additional investment option will generate approximately $8.5 million in new capital. The Company expects the closing to occur on or about September 7, 2007.
The terms and conditions of the additional debentures and warrants will be substantially the same as the existing debentures and warrants, with the exception that the conversion price for the debentures and the exercise price for the warrants will be established based upon average closing prices for the five days preceding the notice of exercise in accordance with the terms of the existing investment option.
In addition, the Company has agreed to reduce the exercise price of its currently outstanding $2.53 warrants and $1.27 warrants to $0.95 per share, provided that a minimum of 85% of the holders of the $2.53 warrants exercise the warrants as repriced. In connection with the repricing, the Company will issue a replacement warrant to each warrant holder exercising the repriced warrant on the same terms and conditions as the existing warrant at a price of $1.60. The Company anticipates receiving funds from the exercise of the repriced warrants in the amount of approximately $5,000,000. The shares underlying the $1.27 warrants are not subject to a current registration statement.
In light of the exercise of the additional investment option and the warrant transaction, the Company has terminated the private placement financing announced August 22, 2006, as the need for that capital has been satisfied.
Additional details regarding both of the financings will be included in a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission. The additional investment option will be a private placement made only to accredited buyers in accordance with Section 4(2) of the Securities Act. The Securities will not be registered under the Securities Act and may not be offered or sold without registration unless an exemption from such registration is available. This notice is issued pursuant to Rule 135c of the Securities Act, and does not constitute an offer to sell the Securities, nor a solicitation for an offer to purchase the Securities.
Conference Call
Advanced Cell will hold a conference call today at 12:00 Noon EST to discuss its recently announced technology for generating human embryonic stem cell lines without harming the embryo. Callers within the United States can access the conference call by calling (800) 230-1074; when prompted tell the operator you would like to connect to the "Advanced Cell Technology conference call." International callers can dial (612) 332-0228. An online audio web simulcast of the call will also be accessible at http://www.trilogy-capital.com/tcp/advanced_cell/
About Advanced Cell Technology, Inc.
Advanced Cell Technology Inc. is a biotechnology company applying embryonic stem cell technology in the emerging field of regenerative medicine. The company operates facilities in Alameda, California and Worcester, Massachusetts. For more information about the company, please visit http://www.advancedcell.com.
Forward-Looking Statements
Statements in this news release regarding future financial and operating results, future growth in research and development programs, potential applications of our technology, opportunities for the company and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: limited operating history, need for future capital, risks inherent in the development and commercialization of potential products, protection of our intellectual property, and economic conditions generally. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in the company's periodic reports ,including the report on Form 10-QSB for the quarter ended June 30,2006. Forward-looking statements are based on the beliefs, opinions, and expectations of the company's management at the time they are made, and the company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.
Contact: The Investor Relations Group Investor Relations: James Carbonara or Andrea Raetzer, 212-825-3210 or Media Relations: Judy Katz or Bill Douglass, 212-825-3210
-------------------------------------------------------------------------------- Source: Advanced Cell Technology, Inc.
Posted by doling2005 on :
Oh my...I'm back in here at 1.03 let's bounce!
Posted by RagingBull on :
back under a dollar
Posted by neona on :
0.95....wow
Posted by RagingBull on :
im going back in
Posted by Repoman75 on :
If it hits .4, I'll buy it all.
Posted by Doniboy on :
I want to go in with more to average down, but I don't feel like calling my broker again for only a few shares. Stupid Scottrade.
Posted by RagingBull on :
i keep hearing guys complained about their brokers on every site I never had a problem with ameritrade
Posted by Doniboy on :
What did people think of the PR?
Posted by neona on :
THAT'S BAD.
Posted by doling2005 on :
I have AT also..I need to be able to manage my stocks every second..GO ACTC I wouldn't be surprised to see them set up with 20/20 or one of the news media shows soon
Posted by Doniboy on :
This dramatic crash is because people are stupidly believing that they just said that the stock should be worth .95 per share. Read the PR people!!!!!!!!!!!And understand it.
Posted by BLACKBEARD on :
what does that news mean don't know mush bout warrents and such, god, bad or don't matter?
Posted by ctguy13 on :
Got more at 1.07
Posted by ctguy13 on :
The conference call (in one hour) may convince some of the "Big Money" to invest in ACTC. I am very interested to see what will happen during/after the call!
Posted by Doniboy on :
Here is a brief explanation from Ihub:
warrants are the right to BUY shares at a lower strike price
than what is being sold at market.... so right now those who sold on this news... gave them more shares to buy and accumulate....
Once the warrants are exercised, monies go back to the issuing company... ACTC. Not to anyone outside.
lol...
CC coming up... might be a race to the top from here.
Posted by doling2005 on :
Ditto
Posted by ctguy13 on :
One-hour countdown! Let's see how the investors feel going into this call...
Posted by Doniboy on :
In other words, they raised some cash by selling an option (basically) for people to buy shares at a lower price. Unfortunately, the trading public is extremely stupid and figured that that was what the actual price was worth.
Here is what investopedia says about warrants:
A derivative security that gives the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue as a "sweetener" to entice investors.
Posted by doling2005 on :
Too good a story to keep down..here she goes!
Posted by ctguy13 on :
Can you imagine how many people are going to be on this call?!
Posted by BLACKBEARD on :
thanks for the DD doni i was gonna post that definition but u beat me too it
Posted by Fuzzy1018 on :
wish i had more funds available to buy at these prices ;(
Posted by doling2005 on :
great article doling, that should have been the pr. If the pr didn't say .95 a share, the crash would not have happened. Its amazing that people who know nothing about stocks can trade them...I have only been doing this s short time and I understood the darn thing.
Posted by Fuzzy1018 on :
about hlf hr till the CC lets see what it brings.
Posted by RagingBull on :
I loaded up
Posted by BLACKBEARD on :
all of us are not as fortunate as u doni to know everything all to once i've been doing this for 5 years and learn sumthin everyday everybody has to start someware , i have now been workin stock full time for over a year and have done fine buy not knowing all that warren buffet knows , i do wish i could download all his brain knowledge into mine instantly
Posted by Doniboy on :
I never said I knew everything Blackbeard, I certainly don't, but you have to admit that people scanned this pr, saw the words .95 a share, didn't understand a word of it, and sold in to a panic. At least they could have looked up the word warrant somewhere.
But if being intelligent enough to think before I act is fortunate, than I guess I am fortunate. I am down some cash today though, which is UNfortunate for me.
quote:Originally posted by BLACKBEARD: all of us are not as fortunate as u doni to know everything all to once i've been doing this for 5 years and learn sumthin everyday everybody has to start someware , i have now been workin stock full time for over a year and have done fine buy not knowing all that warren buffet knows , i do wish i could download all his brain knowledge into mine instantly
Posted by Fuzzy1018 on :
Donny; hopefully we won't be down after the CC
Posted by Fuzzy1018 on :
10 more mnts!
Posted by BLACKBEARD on :
indeed doni ur right they saw .95 and paniced , i jist think this news is outstanding and if they can get enough cash to get this to market , we won't need the govt anyhow , , well fellas i'm gonna head over to the Conferance call , talk at ya afterwards GLTA
Posted by Doniboy on :
Don't get nervous if some basher comes in here and posts false negative news about the Conference call. Thats what they did on the interview for FHAL that caused a panic sell. Confirm all info before you make a decision.
Posted by T e x on :
quote:Originally posted by MagicK: Callers within the United States can access the conference call by calling (800) 230-1074, when prompted tell the operator you would like to connect to the 'Advanced Cell Technology conference call.' International callers can dial (612) 332-0228. An online audio web simulcast of the call will also be accessible at http://www.trilogy-capital.com/tcp/advanced_cell/. About Advanced Cell Technology, Inc.
silly stuff today, eh?
anyway, here's the call info again
Posted by BLACKBEARD on :
oooo nice elevator music soothing LOL
Posted by ctguy13 on :
I am sure there will be some "big money" listening to the conference call. Will be interesting to see how this plays out!
Posted by Doniboy on :
It will be mostly about the technology though, not about shareholder relations I suspect.
Posted by ctguy13 on :
Looks like a good buying time, IMO, because some of you appear to be selling!
Posted by invester on :
I hope the product is better than the music. LoL.
Posted by T e x on :
i'm on "standby" listening to music...
in, now
Posted by ctguy13 on :
This CEO sounds like he is on top of things!
Posted by Double Deuce on :
we're getting some volume here
Posted by ctguy13 on :
The PPS seems to be going up at an increasing rate......GOOD SIGN!!!
Posted by Doniboy on :
Very well spoken dude.
Posted by T e x on :
west coming on, now
Posted by Fuzzy1018 on :
reall good so far
Posted by Repoman75 on :
Listening to this is like watching paint dry.
Posted by Doniboy on :
"Going to change medicine in a big way"
Dr. West.
Posted by Repoman75 on :
ARCA doesn't like what the doc is saying... shorting again.
Posted by T e x on :
good stuff: "these cells not like adult stem cells"
adult stem cells "specialized," these can become "anything" in the human body...can address diseases never been able to before...
Posted by Doniboy on :
"We hold over 300 patents" - Dr.West
Posted by Double Deuce on :
they have over 300 patents issued and or pending
Posted by Double Deuce on :
scarless wound repair...ie burn victims
Posted by Repoman75 on :
"YEARS BEFORE WE ARE PROFITABLE LIKE HUGE PHARMACEUTICAL COMPANIES.... " Let the dumping begin.
Posted by Mysticobra96 on :
Honestly not sounding very well!!! Talking about in the future we hope to develop...we aren't very profitable like pharm. co. we hope many years from now to become like them. Very forward looking statements.
Posted by Doniboy on :
They have the ability to sell their technology to Large Pharm companies and earn royalties while they also work on their own products basedon the technology.
Posted by BangYa on :
Why did he have to say that !!!!!!!!!!!!!!!!!!!!!!
Posted by Ace of Spades on :
quote:Originally posted by BangYa: Why did he have to say that !!!!!!!!!!!!!!!!!!!!!!
on the call
Posted by Doniboy on :
They have large corporations that have said "if you can do this then we are interested". Well, they have done it.
Posted by Fuzzy1018 on :
i bet many companies will be interested in the technology
Posted by Doniboy on :
They have large corporations that have said "if you can do this then we are interested". Well, they have done it.
Posted by Ace of Spades on :
I can't wait for the PR to come out saying a Large Pharm company bought their technology and ACTC will recieve Royalties.
Posted by BangYa on :
I hope you are right Ace Posted by Repoman75 on :
quote:Originally posted by Ace of Spades: I can't wait for the PR to come out saying a Large Pharm company bought their technology and ACTC will recieve Royalties.
That, or some type of agreement, is what you need to move this thing now.
Posted by Mysticobra96 on :
This stock is now left up to daytraders and bagholders. No reason to even consider it right now!
Posted by Doniboy on :
First question is about ethics. Unreal. Ask about about the damn SHARE PRICE!!!!!
Posted by Doniboy on :
Here's a reason...We all own it already. But THanks for the negativity Bra!
quote:Originally posted by Mysticobra96: This stock is now left up to daytraders and bagholders. No reason to even consider it right now!
Posted by Repoman75 on :
Someone ask what they believe their market cap is!!!!!!!
Posted by Double Deuce on :
reporter from wall stree journal just asked a question!
Posted by BLACKBEARD on :
wall street journal reporter on now
Posted by BangYa on :
They answered himvery well
Posted by Ace of Spades on :
"Someone will be in line for Noble Prize"
Posted by T e x on :
current questioner mentions appropriateness of Nobel Prize...
Posted by T e x on :
If I understood correctly? more than 2,000 children alive and well who have undergone the process that yields the material they use...
Posted by Ace of Spades on :
"Corporate Partnerships is high Priority"
Posted by Doniboy on :
Major Objective is to secure a corporate partnership....
Now you know why they are doing this call....
Sweet.
Posted by invester on :
quote:Originally posted by Ace of Spades: "Corporate Partnerships is high Priority"
HUGE!!!!!
Posted by Ace of Spades on :
Question just asked about "busniess model"
Posted by BangYa on :
Yes VERY HUGE!
Posted by Doniboy on :
They are basically having this call to shop themselves out to Corporations. Look out when the offers come in.
Posted by Repoman75 on :
They are looking for cash and partners, period. That's what this whole PR/CC is about...
Posted by Fuzzy1018 on :
they have the tech, now its time to get some offers for partnerships
Posted by Ace of Spades on :
"There Will be collaborations with institutions"
Posted by BangYa on :
Market Cap Question
Posted by Ace of Spades on :
"Combing new technique to create master cell bank"
"Market Cap about 30-35 million"
Posted by Fuzzy1018 on :
so far so good; will the release a pr after the cc
Posted by BLACKBEARD on :
make the blind to see
Posted by BangYa on :
High volume but the price is not moving
Posted by Ace of Spades on :
"Plan to get on Nasdaq or Amex exchange"
Posted by doling2005 on :
Did they say when they were going to apply for Nasdaq/Amex?
Posted by BLACKBEARD on :
when they get the market cap qualification taking care of
Posted by Ace of Spades on :
quote:Originally posted by doling2005: Did they say when they were going to apply for Nasdaq/Amex?
They said when they can raise enough capitol for the requirements, with the helpl of investors. They didn't give a time frame.
Posted by T e x on :
quote:Originally posted by doling2005: Did they say when they were going to apply for Nasdaq/Amex?
no, but they realize, obviously, the importance of market cap...
Posted by 10of13 on :
I have been "following" just a little...along with the rest of the world... A question to those that are going "long" on this...rather than just playing the trade...
With the possibility of the share increase coming in September...would it be better to "wait" to "invest"? i don't usually go that route with the pennies...but this may be one that is worth it... TIA for any comment...
Posted by neona on :
keeps going down
Posted by Ace of Spades on :
quote:Originally posted by 10of13: I have been "following" just a little...along with the rest of the world... A question to those that are going "long" on this...rather than just playing the trade...
With the possibility of the share increase coming in September...would it be better to "wait" to "invest"? i don't usually go that route with the pennies...but this may be one that is worth it... TIA for any comment...
I was just thinking the same thing. It might be wise to see where the PPS settles and how everyones reacts between now and september. I am also thinking about considerin ACTC as a possible long play.
Posted by BLACKBEARD on :
yup i went from 175% to 20 % gain today and got out i'll move now
Posted by T e x on :
wow....got pages of notes here...
Love that about the "library," the bank of cellular material available for a variety of scenarios, emergencies, etc...
Also really, really liked the emphasis on making "product" that anticipates rejection. How'd he say it? Something like, "No point in delivering product to the bedside that's only going to be rejected." So they're building in capability to engineer sub-parts that work like O-type blood, "univerasally" acceptable by the patient. Very practical...
They need help telling their "story," obviously--but what a story they got...
Posted by T e x on :
quote:Originally posted by Ace of Spades:
quote:Originally posted by 10of13: I have been "following" just a little...along with the rest of the world... A question to those that are going "long" on this...rather than just playing the trade...
With the possibility of the share increase coming in September...would it be better to "wait" to "invest"? i don't usually go that route with the pennies...but this may be one that is worth it... TIA for any comment...
I was just thinking the same thing. It might be wise to see where the PPS settles and how everyones reacts between now and september. I am also thinking about considerin ACTC as a possible long play.
ya...wish I'd made "the play" better...but this may well one time I consider going long. If there's a big dip? Will get more now, I think. Gotta bump the numbers with that September vote coming up...
Guess you could say I'm an "accidental long," lol, but right now I'm liking this more and more...
Posted by BLACKBEARD on :
definatly long term play i think the company is great and is on the right track , disney though is my long term play for the moment
Posted by bksundar on :
Any more cheerleaders left ???
Posted by Ace of Spades on :
quote:Originally posted by bksundar: Any more cheerleaders left ???
Only the males...The rest I invited to my pool party.
They're putting oil on each other right now Posted by Doniboy on :
BKsundar, RAH RAH RAH,
Happy now?
Posted by Ace of Spades on :
There was 620 million plus listeners. Now think about how many Shares there are outstanding
What if all the listeners bought 1 share.... .... or how about $100 worth Posted by bksundar on :
Right now TITT is a better stock. At least the name sounds interesting !!!
Posted by T e x on :
quote:Originally posted by Ace of Spades: There was 620 million plus listeners. Now think about how many Shares there are outstanding
What if all the listeners bought 1 share.... .... or how about $100 worth
WHere can you see how many listeners?
Posted by Doniboy on :
You sound a little bitter bksundar.
Posted by Ace of Spades on :
quote:Originally posted by T e x:
quote:Originally posted by Ace of Spades: There was 620 million plus listeners. Now think about how many Shares there are outstanding
What if all the listeners bought 1 share.... .... or how about $100 worth
WHere can you see how many listeners?
It was posted on I-Hub...
Posted by: Mar-Key In reply to: None Date:8/25/2006 12:18:16 PM Post #of 1907
620 million plus listeners currnetly!
Posted by bksundar on :
Very very bitter. I didn't sell at the price I wanted to. But I think it will go up eventually...
Posted by doling2005 on :
quote:Originally posted by BLACKBEARD: make the blind to see
How about make the poor rich?
Posted by T e x on :
quote:Originally posted by Ace of Spades:
quote:Originally posted by T e x:
quote:Originally posted by Ace of Spades: There was 620 million plus listeners. Now think about how many Shares there are outstanding
What if all the listeners bought 1 share.... .... or how about $100 worth
WHere can you see how many listeners?
It was posted on I-Hub...
Posted by: Mar-Key In reply to: None Date:8/25/2006 12:18:16 PM Post #of 1907
620 million plus listeners currnetly!
can you post the link, please?
Posted by doling2005 on :
Creeping up..I just don't see this thing going lower. Should be 5 bucks by now. We penny players are use to lighting quick trading and results!
Posted by BLACKBEARD on :
quote:Originally posted by doling2005:
quote:Originally posted by BLACKBEARD: make the blind to see
How about make the poor rich?
no doubt wish i could take a pill fer that Posted by Ace of Spades on :
ya, links quite helpful--in this case, eg, am going to go over there and ask the poster where to find the info...
thanks!
Posted by Doniboy on :
I doubt 620 million people were listening. There are only about 7 billion people in the world. That would be one out of every 11 people on Earth were listening???
Well I work with about 60 people and none of them were listening.
Posted by Ace of Spades on :
Makes sense
Posted by neona on :
"Eventually" could mean 1 month or 1 year from now Not what I've expected.
Posted by T e x on :
quote:Originally posted by BLACKBEARD:
quote:Originally posted by doling2005:
quote:Originally posted by BLACKBEARD: make the blind to see
How about make the poor rich?
no doubt wish i could take a pill fer that
there is, it's the ticker--weekly dosage...
once a week? buy more... Posted by gagged_n_burried on :
quote:Originally posted by Doniboy: I doubt 620 million people were listening. There are only about 7 billion people in the world. That would be one out of every 11 people on Earth were listening???
Well I work with about 60 people and none of them were listening.
make it 1 person lesser.. i couldnt listen.. meanwhile pooptradedidnt allow me to put a buy aat 0.97 in morning!!
Posted by Goodones on :
AS soon as the 13.5 million in warrants have been run through by ARCA we will fly. My guess is about 10 million have already gone through. When ARCA disappears from the ask, it is done we will fly.
Posted by Doniboy on :
Today's close, anyone? Fluxing between 2 to 10 cents in the past 2 hours. Trading volume is crazy high though..
Posted by doling2005 on :
Trade restrictions over Tuesday for some traders..plus there should be additional coverage on this discovery and like I said earlier, I would think this would hit a prime time news show soon
Posted by ctguy13 on :
I heard Wall Street Journal ???
Posted by ctguy13 on :
quote:Originally posted by Mysticobra96: I think he means 1.02 and 1.1
Ok, gotcha!
Posted by neona on :
So how will Monday look like? Under a dollar? What do you guys think?
Posted by T e x on :
changed my mind; went ahead and exited per yesterday's TA discussion...will watch for new entry on better momo...
Posted by zzepman on :
"I heard Wall Street Journal ???"
me too.
Posted by Mysticobra96 on :
I think early to mid afternoon monday will be the bottom. I will look to enter if its making a nice eod run on monday like I expect it too. Hope no one lost more than they could afford to lose on this one.
Posted by neona on :
Do you think It'll make it to $1.20 on Monday?
Posted by tompom on :
sold for a loss today what a beating! now i have to get back into this to get my money back has anybody seen my money anywhere? i just had it... i must have lost it somewhere between 1.25 and 1.35 can we go back there and take a look? thx in advance!
Posted by zzepman on :
Quote: On August 24, 2006, the Company agreed to reduce the exercise price of its outstanding warrants to purchase shares of its common stock issued September 15, 2005 (the “Existing Warrants”) from the original exercise price of $2.53 per share to $0.95 for a period beginning at 8:30 a.m. EST on August 25, 2006, and continuing until 5:00 p.m. EST on August 28, 2006 (the “Repricing Term”), provided that a minimum of 85% of the holders of the Existing Warrants exercise the Existing Warrants as repriced. Upon expiration of the Repricing Term, the exercise price of the Existing Warrants will immediately be restored to $2.53 per share. The Company anticipates the receipt of approximately $5,000,000 from the exercise of the Existing Warrants.
No wonder it crashed early morning. A lot of them probably sold.
This part is interesting.
Quote: As a condition to participating in the repricing, each holder exercising repriced warrants agrees that the repricing of the Existing Warrants and $1.27 Warrants and the issuance of the Replacement Warrants will not trigger the antidilution provisions of the Existing Warrants or of the Company’s amortizing convertible debentures.
I'll have to do some digging into the old stuff.
And they will probably still sell some more on Mon, since the Repricing Term will be active for Mon as well. Although I believe most of them have sold today, judging by the volume. Next week, overall should look pretty decent.
Edit: Since they said they are getting $5M out of that, I guess the warrants are exercisable for around 5M shares at .95. That's not a whole lot as such. All of that could have been absorbed just today
Posted by matto on :
I knew something was up, great find and thanks i am still holding everything i have bought!!!!!!!! Once they are done we go UP!!!!!!!!!
Posted by zzepman on :
agreed. i need a couple drinks after yesterday and today though.
Posted by neona on :
Brian, I'd like to join you if you don't mind. I'll do a few shots of vodka Posted by zzepman on :
hell no i dont mind. a few shots of voldka a few of JD and i'll be ok.
Posted by neona on :
ZZEPMAN, I'm not sure I understand. Would you help me with this, please? Does that mean that after 5:00 p.m. EST on August 28, 2006, after the expiration of the Repricing Term, the price of the STOCK will be restored to $2.53 per share? Too good to be true. Please, explain... Thank you so much for the digging
Although I lost big time over the last two days, I was able to take control of what I had left at the end. All and all it was a great learning experience regardless of the fact that this is my first trade and that I sold for a loss in order to safe the leftoevers
Thank you all for your help. Can't wait till Monday...
Posted by neona on :
Brian, My record is 7 shots of straight vodka (no rocks, no nothin') or 6 tequilas... not bad fo a girl...hehehe
So, Monday is gonna be a big day for ACTC, huh! We gotta make those money back...
Posted by Mysticobra96 on :
I wouldn't expect a great run up. The money has been made ppl sold into the news we bought into it. Our own fault, buy on rumor sell on news. I don't think its going to just skyrocket back up, more like a flat line unless funds start buying in. If your holding a bag I wouldn't even watch monday cuz I think the morning will be painfull.
Looking at the charts we either stay in the 1-1.36 range (which I doubt w/all the dilution you guys are talking about) Or we drop down to .50-1 range. Put some buy orders in at .5 and they might hit monday morning. .50 is the 20ma and the last line of support so I don't see it falling below that but dilution can be tough to figure out where the support is. Good luck to all and I hope we can all make our money back. I got to get my $400 back from them (My precious!)
Posted by zzepman on :
quote:Originally posted by neona: Brian, My record is 7 shots of straight vodka (no rocks, no nothin') or 6 tequilas... not bad fo a girl...hehehe
So, Monday is gonna be a big day for ACTC, huh! We gotta make those money back...
not bad fo most people
i prefer straight up also...never thought to count though...that i can remember anyway.
by the way i copied that whole post so maybe one of the senior members can explain better than i could.
now back to the JD
Posted by BLACKBEARD on :
i like ol bacardi , thats what i'm into right this minute , but i'll join yall doun at the corner pub LOL i didn't lose on this but i did miss major gains , i hate when companies dilute , tha t friggin ticks me off
Posted by zzepman on :
quote:Originally posted by BLACKBEARD: i like ol bacardi , thats what i'm into right this minute , but i'll join yall doun at the corner pub LOL i didn't lose on this but i did miss major gains , i hate when companies dilute , tha t friggin ticks me off
oh man we got a little party goin...nice
im down pretty good at this point. oh well live and learn.
Posted by BLACKBEARD on :
yeah i've been down before too, this summer this summer has been slow market ,, daqnggit the keys are already runnin togather , LOL
Posted by BLACKBEARD on :
i seen matto peak hiead in a bit ago , whats up man
Posted by matto on :
not much bud, in and out drinkind by the fire, un happy about chdteeeeeeeeeeee and actc, i am still green on this one and will hold till i am reallllllllllll greeen!!!
Posted by BLACKBEARD on :
ohhhh they they did get e'd didn't they , cottonpicken beggers , i recon thats better than a Q..
Posted by matto on :
yea, thats ok we it will rock again so i add more lol nite all
Posted by BLACKBEARD on :
yup me too i am outta hear
Posted by neona on :
So, are the big players here still holding on ACTC or are out of the game? Gimme a hint, please. I need to make ma money back... Gotta live this life while I'm still young... It won't matter if I'm rich when I'm 90 years old (all due respect). Make me rich now:) What other good stocks are out there?
Posted by Jo4321 on :
quote: sold for a loss today what a beating!now i have to get back into this to get my money back
Keep in mind the wash sale rule as you decide what you want to do.
quote:Originally posted by neona: So, are the big players here still holding on ACTC or are out of the game? Gimme a hint, please. I need to make ma money back... Gotta live this life while I'm still young... It won't matter if I'm rich when I'm 90 years old (all due respect). Make me rich now:) What other good stocks are out there?
neona,
again...nobody can "advise" you...first? what if somebody you decide to trust says "hold" and it tanks into the ground? Secdond, what if somebody says "sell," then it rockets?
Understood?
That being said... I mentioned the $1.39 point, last night eh?
If you're new, and still held past that ?
really don't know what to say...
Nimber One Rule is Protect Capital...
let me repeat
Protect Capital
I finally bailed, as posted...will discuss my rationale as I discover how to articulate...
oh, neona? re "make that money back"
lol--you'll *never* make that money back. For one thing? This ain't "money"--it's capital. That "money" you lost? it's gone... You simply *must* learn the difference. What you can do is use whatever capital is left (if indeed you're using capital) to make more money...
But judging by your posts? I'd say, "STOP!"
Read, study, learn. Papertrade...at least 8 months...
From what I've read? You have no business trading pennies...perhaps no business trading stocks...
Not trying to be cruel...or "put-down".... simply reacting to what I see posted...
Best...
-- tex
Posted by neona on :
TEX, You seem upset with me. Why? You are not giving me advise but you're telling me to "stop"? How am I ever gonna learn If I don't ask questions or get my feet in the water...I'm not asking for advice rather for your opinion since you know the ins & outs of trading. Reading and study is half the game, the other half is the real experience.
Not cool to tell somebody to give up or leave. Not cool to talk down on someone because he/she doesn't have experience in a certain field.
I've always demonstrated a great respect to anyone who's been in the game long enough.
And really, today I made 2 good moves (considering the surcomstences) trusting my own instinct and watching closely the market instead of taking anyones 'advice'.
Besides I was joking in my last few posts.
Have a blessed weekend Posted by T e x on :
quote:Originally posted by neona: TEX, You seem upset with me. Why? You are not giving me advise but you're telling me to "stop"? How am I ever gonna learn If I don't ask questions or get my feet in the water...I'm not asking for advice rather for your opinion since you know the ins & outs of trading. Reading and study is half the game, the other half is the real experience.
Not cool to tell somebody to give up or leave. Not cool to talk down on someone because he/she doesn't have experience in a certain field.
I've always demonstrated a great respect to anyone who's been in the game long enough.
And really, today I made 2 good moves (considering the surcomstences) trusting my own instinct and watching closely the market instead of taking anyones 'advice'.
Besides I was joking in my last few posts.
Have a blessed weekend
Neona,
not upset...at all. You *should* question. Your questioning is welcomed.
On the other hand? Now you're talking "get your feet wet".
Previous posts indicated "ruin" if you don't get back to a certain pps... make sense?
hey? if you're up for the ride? Mo' power to you!
Ask away...
LOL...must point out:
"I've always demonstrated a great respect to anyone who's been in the game long enough. "
You've *always* ???
didn't you say you just started?
Posted by neona on :
Hehehe Tex.... quick responce By "always" I meant ever since I got here... lmao I'm drinking red wine and doing my research... Tomorrow looks like a good day to chill at the beach... yeah!
Posted by T e x on :
you go, gurrrlll
Posted by MagicK on :
He's not upset with you. He's trying to give you some very good advice.
He's trying to tell you that based on the questions your asking, it is obvious you are too new to trading to thoroughly understand it's "nooks and crannies".
You do not want to learn how to do this by actually doing it, unless you are completely prepared to lose everything you use to trade.
So, he is recommending, first and foremost, learning all you can by reading, studying, watching and paper trading, when you think you've learned enough, you've just started, do some more.
neona, if I told you what to do Monday based on the the most educated guess I could summon... what if I was wrong?
That's right, you would blame me.
People do not want to carry that responsibility. At least most people do not. The ones that will, well their motives become immediately questionable. People will however, feel free to state what THEY are going to do, then it is up to you to decide if that's a good idea or not. See?
Never trade with money you cannot afford to lose neona, it is the first, golden rule of trading.
Posted by neona on :
MajicK, I understand. And I agree with both you and Tex. Have a safe weekend Posted by Honesty101 on :
I listened to the cc today. It sounded pretty good.
Sounded to me like all that is holding them back from the Nasdaq or Amex is the market cap.
I agree with matto on believing this will rock on.
Posted by T e x on :
quote:Originally posted by Honesty101: I listened to the cc today. It sounded pretty good.
Sounded to me like all that is holding them back from the Nasdaq or Amex is the market cap.
I agree with matto on beliving this will rock on.
"matto" how you know matto?
Posted by Honesty101 on :
Just been around the block a tad buytex.
Posted by MagicK on :
Welcome to Allstocks?
Posted by Honesty101 on :
Thanks? been lurking for about a week.
Posted by MagicK on :
LOL
Posted by Honesty101 on :
Posted by T e x on :
quote:Originally posted by Honesty101: Just been around the block a tad buytex.
lol...
you know my old nick--you must know I 'd prefer a more direct answer... Posted by Honesty101 on :
Depends on where ya go I guess.
He's been posting since about the turn of the new year on a coupla boards, chats under that alias.
Does this suffice?
Posted by T e x on :
quote:Originally posted by Honesty101: Depends on where ya go I guess.
He's been posting since about the turn of the new year on a coupla boards, chats under that alias.
Does this suffice?
lol...
one more...you're "new" ?
How you know "buytex" nick?
Posted by Honesty101 on :
Was at I-hub yesterday, the hideout, etc.
"new," now that is something to ponder.
Only took five posts, and I am "new" no longer.
Posted by T e x on :
biotch...
nobody "new" would know to link that up....
but, go ahead...as long as there's no problem
funny chit, though...
Posted by Honesty101 on :
no problem. Life is all fun and giggles until someone drops a tree out of the sky in front of your truck.
No biot here. Posted by T e x on :
"Only took five posts, and I am "new" no longer."
lol...
we'll see...
Posted by Honesty101 on :
What? "new," or no longer? Posted by T e x on :
check your PM, bro
Posted by T e x on :
well...
I guess the PM stopped the "mystery guest," lol...
Now...where were we?
Posted by Honesty101 on :
Doh! Didn't know I had one til you mentioned it.
Posted by T e x on :
ya...PMs here better
Posted by Honesty101 on :
Agreed
Posted by T e x on :
lol...
wheeeeeeeeeeeeeeeahhhhhhhhhh
weekends!
Posted by gagged_n_burried on :
Critic Alleges Deceit in Study On Stem Cells Report's Basic Facts Are Unchallenged
By Rick Weiss Washington Post Staff Writer Saturday, August 26, 2006; Page A02
A landmark scientific report that was supposed to bridge the gap between proponents and opponents of human embryonic stem cell research has become the focus of an escalating feud, with a prominent critic of the research alleging that scientists were deceptive in presenting their results.
At issue is a series of experiments described in Thursday's issue of the journal Nature, in which scientists at Advanced Cell Technology (ACT) in Worcester, Mass., described a method for making stem cells without harming a human embryo. The basic facts of the report remain unchallenged.
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But in an unusual move yesterday, Nature corrected wording in a lay-language news release it had distributed in advance and posted clarifying data it had asked the scientists to provide.
At the core of the battle is a widely distributed e-mail from Richard Doerflinger of the U.S. Conference of Catholic Bishops, who raised three issues.
First, he said the scientists did not make it clear that no embryos survived their experiments. In fact, data in the paper do make that clear, but Nature's initial release said otherwise. It is well established that a single cell can be removed from an eight-cell human embryo without causing any apparent harm to the embryo, and the new report aimed only to show that such single cells can become stem cells, lead researcher Robert Lanza said yesterday. In the experiments, the scientists took as many cells as they could from each embryo, destroying them in the process, to make the most of the embryos donated for their study.
Doerflinger said it was also deceptive for the scientists to say that single embryo cells were coaxed to grow into colonies of stem cells. In the experiment, he noted, those single cells were allowed to feed on hormones secreted by other cells in the nutrient media in which they were grown. That leaves open the question, he said, of whether a single cell can become a colony on its own.
Lanza responded that the need for hormones from surrounding cells can easily be met by culturing the single cell with laboratory cells or even the remaining, seven-cell embryo for a day, after which experiments indicate the single cells can be weaned and grow into stem cells alone.
A third point of contention is the fact that the published report includes a photo of a mature embryo, healthy and poised to grow into a fetus after having survived the removal of a single cell. Doerflinger said the photo is deceptive because no embryos in the experiment were allowed to develop that far.
Lanza said that the team first did those experiments to prove embryos could survive the biopsy process but that only the photo -- and not the data -- was included because that was not the point of the paper. Data from those earlier experiments were added to Nature's Web site yesterday.
In his e-mail, Doerflinger said the use of the photo in a paper describing research in which no embryos survived was reminiscent of the fraud case that brought down South Korean stem cell researcher Hwang Woo Suk early this year.
Lanza said the criticism is a sign of how politicized stem cell research has become.
"They're really going after everything they can," Lanza said. "They've got the whole machine geared up."
Posted by T e x on :
good post...
Posted by gagged_n_burried on :
edited
Posted by T e x on :
Ruskin?
OT: you spell "tomato" with an "e" ?
Posted by T e x on :
quote:Originally posted by gagged_n_burried: edited
Quote: On August 24, 2006, the Company agreed to reduce the exercise price of its outstanding warrants to purchase shares of its common stock issued September 15, 2005 (the “Existing Warrants”) from the original exercise price of $2.53 per share to $0.95 for a period beginning at 8:30 a.m. EST on August 25, 2006, and continuing until 5:00 p.m. EST on August 28, 2006 (the “Repricing Term”), provided that a minimum of 85% of the holders of the Existing Warrants exercise the Existing Warrants as repriced. Upon expiration of the Repricing Term, the exercise price of the Existing Warrants will immediately be restored to $2.53 per share. The Company anticipates the receipt of approximately $5,000,000 from the exercise of the Existing Warrants.
================================================= Would you help me with this one, please? Does that mean that after 5:00 p.m. EST on August 28, 2006, after the expiration of the Repricing Term, the price of the STOCK will be restored to $2.53 per share?
Posted by glassman on :
the price of the STOCK will be restored to $2.53 per share?
the market is the only thing that determines the price of the shares that you, as a retail investor/trader, can trade them at Neona...
Posted by weatherbill on :
while i like this stock, i don't think it will be running next week due to the hurricane plays stealing the show,....and alotta traders too....good luck.....it;s a great stock for a longer hold....just not this week.
Posted by IMAKEMONEY on :
Are we going to DA MOON are what?
Posted by Doniboy on :
We will be at $42 a share Monday Morning at 9:31. Hows that for a pump?
Posted by IMAKEMONEY on :
I like it DB.LOL
Posted by Honesty101 on :
quote:Originally posted by Doniboy: We will be at $42 a share Monday Morning at 9:31. Hows that for a pump?
I'd be happy with $3 in the next month or so.
Summertime trading, ho-hum.
Posted by kilikili on :
quote:Originally posted by Doniboy: We will be at $42 a share Monday Morning at 9:31. Hows that for a pump?
I'd like to find out what charts you've been smokin' Posted by neona on :
It will more likely drop to 0.50-0.70.... Are we all talking about ACTC?
Posted by bksundar on :
I shall be selling it at 41.89 Monday morning at 9:32. I just wanted to complete the PUMP AND DUMP cycle...
Posted by neona on :
LOL bksunder... and I shall place a buy order for 41.87... there go my 10 shares.
Posted by MagicK on :
I'll sell ya 10 o' mine for that:)
Posted by MagicK on :
quote:Originally posted by Doniboy: We will be at $42 a share Monday Morning at 9:31
That's AFTER the 2fer1 forward split.
Gonna dream...dream big.
Posted by weatherbill on :
people on another board didn't want to hear this, but the hurricane plays are gonna take buy pressure from other stocks and this one is already tanked some....at best, it give just slight gains, not enough to keep you all happy when you see these hurricane stocks go crazy and then tell yourslef you were dumb for not listening to me....good luck, this stock is good in the long though, but best to put your money where you can make some serious green...
disclaimer - only if ernesto keeps its cat 3/4 forcast and remains on course....
go NSMG, WEGI, BUGS, ECCI
Posted by glassman on :
the hurricane plays are gonna take buy pressure from other stocks and this one is already tanked some.
good point weather...
esp. in the summer when there are fewer trader...
for "new people" here? any big plays draw money off the other heavily traded stocks.. even in the busy winter season.. but moreso in the summer
Posted by zzepman on :
Nice little read there zep. Thanks.
Posted by T e x on :
ya...pretty reasonable analysis
Posted by Ace of Spades on :
Advanced Cell Technology raises money after stem cell news East Bay Business Times - 1:55 PM PDT Friday Print this Article Email this Article Reprints RSS Feeds Most Viewed Most Emailed Just two days after reporting it had developed a new way to generate human embryonic stem cells, Advanced Cell Technology Inc. said it had commitments to raise about $13.5 million.
The Alameda company (OTCBB: ACTC) said most holders of debentures and warrants to buy its stock agreed to exercise their options to buy more. Advanced Cell Technology will raise about $8.5 million that way.
The company will also exercise some of its outstanding warrants to raise another $5 million.
Because of the new agreements, Advanced Cell Technology canceled a proposed private placement through which it had hoped to raise about $11.3 million.
The company said Wednesday that its scientists generated human embryonic stem cells without harming embryos.
EDITORIAL: Little enthusiasm for new stem-cell technique Aug 28 2006 8:04AM ET
ACTC -- Advanced Cell Technology, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
EDITORIAL: Little enthusiasm for new stem-cell technique
Aug 28, 2006 (The Kansas City Star - McClatchy-Tribune Business News via COMTEX) -- A reported "breakthrough" development in stem-cell research has received an appropriately lackluster reception from many scientists. Advanced Cell Technology, a Massachusetts-based biotech lab, said it could develop stem-cell lines from a single cell that would be removed from an embryo at a very early stage of development.
The company's officers promoted their technique as a compromise in the controversy over using human embryos for medical research. The embryo would retain the potential for development, they said, while new stem-cell lines could be used in the search for cures.
But for most scientists, and most Americans, no compromise is necessary.
Embryonic stem-cell research involves either using embryos left over from fertility procedures, which would otherwise be discarded; or using an electronic or chemical catalyst to coax a human egg to develop in a lab dish.
Either procedure involves miniscule clusters of cells. Attempts to describe them as research on human beings are deceptive.
The technique proposed by Advanced Cell Technology is technically difficult, and its ability to generate stem-cell lines is unproven, according to William Neaves, president of the Stowers Institute for Medical Research in Kansas City.
It isn't an acceptable substitute for somatic cell nuclear transfer, the procedure some Missouri politicians wrongheadedly are trying to ban.
That procedure has the potential to create healing cells that are a genetic match with the patient. Also, scientists think that cells acquired through somatic cell nuclear transfer are vital for teaching researchers how to repair damaged nerves, limbs and organs.
Last week's announcement by Advanced Cell Technology does speak to the eagerness among scientists to advance stem-cell research.
A proposed constitutional amendment on the Nov. 7 ballot in Missouri would guarantee the state's universities and research institutions the right to conduct all scientific research not banned by federal law. As a bold attempt to safeguard ethical, potentially lifesaving science, it deserves enthusiastic support.
Copyright
(c) 2006, The Kansas City Star, Mo.
-0-
SUBJECT CODE: KC
Search for Dun & Bradstreet reports on this company.
Posted by T e x on :
wow, sure is political, eh?
Posted by Fuzzy1018 on :
yup, for sure
Posted by Doniboy on :
not so good so far.
Posted by Fuzzy1018 on :
c'mon baby go up already
Posted by Repoman75 on :
Hit .40 and I'll buy the whole float!
Posted by Honesty101 on :
Hmm, I think .83 might just be bottom for this.
Well, that's my opinion and prediction anyway.
Looks like the sell-off may be over with.
New buyers may start coming in once a solid support is found.
Posted by Doniboy on :
At this point I would like to see a buy out offer....
Posted by Honesty101 on :
It's summertime keep in mind.
Folks tend to sell the good news and buy on bad news, so keep this radared IMO.
A green day today would not surprise me.
Posted by Doniboy on :
Moving back up a little.
Posted by Honesty101 on :
4 Day minute chart looks good to me for a support line if ya can draw a line from the bottom 4 days ago to todays low.
Needs to hold above that line IMO.
Posted by Doniboy on :
What's the minimum pps to stay above that line?
Posted by Honesty101 on :
News
Posted by Honesty101 on :
Nothing new on the news.
Same stuff reiterated.
3rd party pump site it appears at 11:38am EST.
Posted by Fuzzy1018 on :
August 28, 2006 - 8:35 AM EST
SmallCap Sentinel: Breakthroughs Recharge Interest in Non-Controversial Stem Cell Equities IRVINE, Calif., Aug. 28, 2006 (PRIMEZONE) -- "Last week's headline-grabbing stem cell breakthrough by Advanced Cell Technology, Inc. (OTCBB:ACTC) sent the company's shares skyrocketing upward," stated SmallCap Sentinel analyst D.R. Clark. "But it also brought attention to a sub-group of non-controversial stem cell companies like Medistem Laboratories, Inc. (OTCBB:MDSM).
"Whether you agree with funding limitations or other restrictions on stem cell research, the reality is that for the most part, companies with research processes unencumbered by glaring ethical constraints may find themselves in vogue," Clark noted. "And if the kind of headlines we saw last week start coming from non-controversial companies such as Medistem Laboratories (OTCBB:MDSM), the political arguments might someday be moot."
Medistem Laboratories is an innovative biotechnology company committed to the creation, licensing and commercialization of advanced medical therapies based on non-controversial adult stem cells. The company intends to use adult stem cells generated from muscle, bone marrow and fat of adult patients seeking treatment, as well as from full-term, healthy placentas and umbilical cords, which the company believes to be non-controversial sources of stem cells. The company's business strategy calls for the establishment of a series of adult stem cell banks and clinics around the world to deliver unprecedented, next-generation adult stem cell therapies.
The informational report "Looking at the Political Impact on Stem Cell Research" has been made available via financial courier StockUpTicks.com at www.SmallCapSentinel.com
The report will address Medistem, Advanced Cell Technology, Aastrom Biosciences Inc. (Nasdaq:ASTM), and Geron Corp. (Nasdaq:GERN).
Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCap Sentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project capabilities, intent, resources, or experience.
Information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy, nor offer to sell securities, but is rather a paid advertisement provided for information purposes only and shouldn't be used as basis for any investment decision. MP is not an investment advisor and this report is not investment advice. MP has been paid $1,500 previously by Advanced Cell Technology, Inc. for preparation and distribution of reports and other advertising services. MP has been paid $1,500 by Medistem for preparation and distribution of this report and other advertising services. This constitutes a conflict of interest as to MP's ability to remain objective in communication regarding subject companies.
quote:Originally posted by Doniboy: What's the minimum pps to stay above that line?
It all depends on where you draw the line.
My line could slightly differ from yours.
Needs to close at/above .995 IMO.
Needs to hold above about .91 I believe.
Posted by Honesty101 on :
.89 possible bounce, must hold it or it could come down IMO.
Posted by Vinnie on :
Im saying a lot of people losing a lot of money on this one.
Posted by Repoman75 on :
Broke .89... .865 now.. TIMBER!
Posted by bksundar on :
I think people better get out of this till the the bottom is determined..
Posted by Honesty101 on :
Well, that shake to .84 was scary.
Posted by Honesty101 on :
quote:Originally posted by Vinnie: Im saying a lot of people losing a lot of money on this one.
I'll be in the red if it dips under .83 this time around. I doubt it will, but anything can happen.
Posted by Honesty101 on :
2pm turn to the upside or downside coming? Hmm.
Posted by Vinnie on :
I'm saying at 85 this thing is a buy. JMHO!
Posted by Repoman75 on :
I wouldn't buy until you find the bottom... we have not had 1 green day since the run... need to have a trend reversal first.
Posted by bksundar on :
Don't buy till you get any sort of signal. Right now it seems to heading down. It still has a market cap of 20m
Posted by glassman on :
i'm looking for it to show up on the SHO list in the next couple days...
Posted by Honesty101 on :
Cool, If it breaks .89, I t'ink it could run to the close.
Best of luck to you repoman.
Posted by Honesty101 on :
A close near the high of day today would simply be crazy. Another green day tomorrow would be just silly.
Silliness is king.
Posted by Honesty101 on :
That .92 may have been it for today.
Is that an end of a pennant coming tomorrow? hmm.
Some folks have been talking about this dipping back into the .50's, but I doubt it myself.
Never know though, the summertime trading can be pretty screwy at times.
This needs to hold future support at .83 as it did today IMO for brighter days ahead.
Posted by Doniboy on :
I think it will close at $42.
Just continuing my pump.....
Posted by Honesty101 on :
lol, well who knows what the future holds.
Wish I owned a piece of apple or microsoft back in the day.
As long as the research holds true, this company has a breakthrough.
There are many critics to this, so who knows what the truth is? Financials aren't very good from what I've seen. I did like the cc call the other day though.
There will always be folks that are against stem cells no matter what IMO. Just hope that this company can back up what they preach when push comes to shove.
Posted by Honesty101 on :
Would be nice if the pennant could be broken out of today. We'll see. Either way I'm holding overnight.
.83 is my breaking point. I'll bail if it falls below there.
Posted by T e x on :
y'all get the "drugnews" PR?
Posted by Honesty101 on :
Missed it. What's up Tex?
Posted by T e x on :
about 4 or 5th down on front page; direct link, mentions this co:
Opinions today people? Is the float drying up? Will we hit bottom and bounce?
Whats the mood in here?
Posted by kilikili on :
I'm still with ya buddy! This is a rare stock in pennyland.
Posted by Doniboy on :
back to even.
Posted by Doniboy on :
Green!!!!
Posted by Doniboy on :
New HOD.
Posted by Fuzzy1018 on :
mayb change of a trend here
Posted by Fuzzy1018 on :
kool
Posted by kilikili on :
I wonder if it's something I said...
Posted by IMAKEMONEY on :
going up!
Posted by kilikili on :
C'mon $1 !!!
Posted by Doniboy on :
Bid and ask going crazy.
Posted by Fuzzy1018 on :
lookin' good
Posted by Doniboy on :
Anyone have L2's? How big is the wall at .97?
Posted by Doniboy on :
hello?
Posted by Repoman75 on :
Sorry, we've all moved on to SOLM! Dip today, going to $12.
Posted by doling2005 on :
looks like a strong reversal here..back in and watching..glta
Posted by Doniboy on :
.93 getting hit hard.
Posted by kilikili on :
here comes the next wave
Posted by doling2005 on :
path of least resistance is now up Posted by Fuzzy1018 on :
slow market today
Posted by Doniboy on :
pulling it back down again....
Posted by Doniboy on :
crappy close.
Posted by Doniboy on :
Did anyone notice the 267,000 share buy at .92!!!!!
Posted by Repoman75 on :
Nope... sure it wasn't a block order (combination of orders)?
Posted by matto on :
news repo
Posted by matto on :
sorry wrong tread lol!! Posted by Honesty101 on :
Just got home. A semi-decent day with a HOD of .97.
I shut the computers off and left for the day today. If this one hits and stays above $1.00 soon, long term might just be a thought here.
Posted by matto on :
Lanza's group is also close to filing for FDA permission to begin clinical trials on three cell-based therapies: one for macular degeneration, one for repairing heart muscle and another for regenerating damaged skin.
Posted by zzepman on :
quote:Originally posted by Honesty101: Nice find zzep.
Thanks. It'll be intresting to see what happens after these articles.
Posted by Honesty101 on :
yup. I think if this gets above .93 early today, it may just be a green day.
If it fails to get above it early, I may sell, then look to re-enter.
The 8K out yesterday should be the driving force today, one way or the other IMO.
Posted by Honesty101 on :
Seems to be holding well early.
End of 4 day pennant a little after 11:30 am EST.
Needs to hold above .86 after 12pm EST today.
Posted by Honesty101 on :
Hopefully that .82 was it for the dip.
Did anyone bring a 10-Guage Shotgun with them to scare the bears away today? lol
Well, A rifle would do nicely to take a bear down.
Posted by Doniboy on :
Whats up people?? Are we gonna move today or what?
Posted by Honesty101 on :
Hopin' for some movement Doni.
The selling pressure has been drying up the past few days it appears due to the decreasing volume led by sellers, so hopefully ACTC is due.
.82 needs to hold for support IMO.
Posted by Honesty101 on :
10:30 come and gone.
Posted by Doniboy on :
What's the relevance of 10:30?
Posted by doling2005 on :
Holding strong. Next week should be good with all of the articles coming out...patience
Posted by Honesty101 on :
quote:Originally posted by Doniboy: What's the relevance of 10:30?
Many times when stocks begin to rebound in an overall long term uptrend, low of days often have come by 10:30am EST.
Keep that in mind when watching trading activities in these types of stocks. It can help make you a successful day-trader. It's not always true, but it is usually a good time to buy for me when stocks meet my criteria. Now, you need to develope your own personalized criteria.
Hope this helps.
Posted by doling2005 on :
I think we'll just take off when you least expect it...
Posted by Doniboy on :
wow, volume is almost nil.
Posted by Doniboy on :
Just like the volume on these boards.
Posted by Honesty101 on :
.78 bounce.
Not happy that .82 didn't hold.
Still in.
Posted by Doniboy on :
Still holding myself. Lots of red for lots of days.
Posted by Doniboy on :
yawn.
Posted by Doniboy on :
19,900 at .83...........
Posted by Honesty101 on :
Yeah, needs to hold above about .825 after 2:30 to break out of current pennant, and get above first resistance.
Posted by Doniboy on :
.84
Posted by Honesty101 on :
Sold at .81 for a small loss.
Posted by Doniboy on :
Guess I'm All Alone now......
Posted by Doniboy on :
Great Day today!!!!! Wohooooooo I got up today and decided that I would love to lose .08 per share on ACTC, and voila...I DID IT!!!!!!
Wohoooo.
Now tomorrow I want to MAKE $2.00 per share. Lets see if I can do that.
Posted by Honesty101 on :
I'm watching for the 200 Day MA to appear before buying back in, unless some outstanding PR or SEC filing comes out.
Posted by Doniboy on :
Good luck Honesty
Posted by Doniboy on :
Lots of talk here tonight...lol
Posted by Jo4321 on :
quote:originally posted by Doniboy: Still holding myself.
See, Doniboy, when I read the above post, I figured we all better leave you alone for a while
Jo
Posted by Doniboy on :
LOL....
Posted by Vinnie on :
70 pennies today boys,
Buckle your seatbelt Dorothy, cuz Kansas is going bye bye!!!!!
Posted by Repoman75 on :
Getting closer... if it hits .40, I am buying 50K shares.
Posted by Doniboy on :
Hopefully you won't get your shares then Repo.
Posted by Doniboy on :
Bounce????
Posted by doling2005 on :
I may be crazy but I just bought it back again..for the 3rd time. Lots of news coming next week in national press..I think I'll hang unless I see it dropping suddenly....
Posted by bksundar on :
Found this in my izone/TD Ameritrade News for ACTC. Cannot post link... -------------------------------------------------- No stem-cell triumph: Embryos were destroyed
By McClatchy News Open Last Update: 8/31/2006 3:47:59 AM Data provided by
Aug 31, 2006 (The Philadelphia Inquirer - McClatchy-Tribune Business News via COMTEX) -- The California biotech company that grabbed headlines last week for sparing human embryos while creating precious stem cells in fact destroyed all 16 embryos used in the experiments.
Advanced Cell Technology vice president Robert Lanza, senior author of the research, was widely quoted as saying he hoped the new embryo-sparing approach to making stem cells would overcome ethical objections and expand federal funding for the research.
Supplemental data submitted with the paper revealed that Lanza's team did not fully use the approach -- it just extrapolated from less ambitious experiments.
But the lay media weren't the only ones who misunderstood. Nature, the prestigious international journal that published the paper, initially issued a news release that declared Lanza's team had made embryonic stem-cell colonies "while leaving the embryo intact." The journal has since issued two "clarifications" and published online the supplemental data showing the embryos were destroyed.
"We feel it necessary to explain that... the embryos that were used for these experiments did not remain intact," Ruth Francis, Nature's senior press officer, e-mailed the media.
Asked why Nature editors did not make that clear in the paper, Francis e-mailed The Inquirer: "We are looking into the possibility of further clarification of this paper."
In an interview with The Inquirer last week, Lanza explicitly said some of the embryos survived and were returned to frozen storage.
Yesterday, he said he was referring to embryos used in experiments that were complementary to, but separate from, the Nature paper.
Some commentators said such dissembling only added to fears -- raised by last year's South Korean stem-cell research fraud that marred the reputation of the journal Science -- that the field is hyped and suspect.
A call for funding
"It's deeply disturbing," said David Magnus, director of the Stanford Center for Biomedical Ethics. "But I think it speaks to why we need state and federal funding of this research. Otherwise, we're dependent on small, underfunded companies like Advanced Cell Technology to do the work. They have a history of making somewhat spurious announcements when they're in need of cash."
Normally, embryonic stem cells are extracted when they briefly appear in a five-day-old embryo, which has about 100 cells. This kills the embryo.
Lanza's team intervened earlier, dismantling eight- to 10-cell embryos, then signaling the individual cells to transform into stem cells. This transformation was a breakthrough, but it was highly inefficient: Of 91 individual cells, only two ultimately made new stem-cell colonies.
Here is where the paper turned speculative: The 16 dismantled embryos might have survived if only one or two of their eight cells had been removed.
The 'breakthrough here'
Indeed, infertility clinics occasionally perform "embryo biopsy" on an eight-cell embryo to screen for genetic diseases before letting the embryo grow to about 100 cells, the size normally implanted in a womb.
The Nature paper showed a picture of a 100-cell embryo that Lanza's lab had biopsied at the eight-cell stage -- implying that it was part of the stem-cell experiments rather than separate, related research.
Lanza's team wrote that the paper shows that single cells "can be used to establish human embryonic stem-cell lines using an approach that does not interfere with the developmental capacity of the parent embryo."
Yesterday, Lanza said he saw no reason to explain that they had not actually used that approach on the embryos from which stem cells were generated.
"The scientific breakthrough here is that a single cell has the capacity to make embryonic stem cells," he said. "It was not the purpose of this study to repeat what we already know" -- that an early embryo can be biopsied without killing it.
In 2001, Advanced Cell Technology was lionized, and then criticized, when its published assertion of having cloned the first human embryos turned out to be exaggerated. Of 19 embryos, only one reached the six-cell stage, then died.
The company was on the brink of insolvency in 2004 after South Korean scientist Hwang Woo-suk published evidence -- since shown to be a sham -- that his lab had achieved the human embryo-cloning milestone.
Last week, Advanced Cell's shriveled stock value more than quadrupled after the Nature paper was published online, and the company's chief executive officer was quoted saying that he hoped the ability to make stem cells without destroying embryos would attract new investors.
Lanza said yesterday that he did not know how the latest news would affect the company. The firm's shares fell more than 9 percent yesterday to 78 cents a share. "To be truthful, I'm so deeply involved in the scientific side," Lanza said, "you'd have to talk to the business end."
Contact staff writer Marie McCullough at 215-854-2720 or mmccullough*phillynews.com.
Posted by Repoman75 on :
THIS is why everyone is selling... if it hits .40 now, I'm SHORTING. This is the end of the story, this POS is dead.
No stem-cell triumph: Embryos were destroyed
Thursday , August 31, 2006 03:47 ET
By Marie McCullough Aug 31, 2006 (The Philadelphia Inquirer - McClatchy-Tribune Business News via COMTEX) -- The California biotech company that grabbed headlines last week for sparing human embryos while creating precious stem cells in fact destroyed all 16 embryos used in the experiments.
Advanced Cell Technology vice president Robert Lanza, senior author of the research, was widely quoted as saying he hoped the new embryo-sparing approach to making stem cells would overcome ethical objections and expand federal funding for the research.
Supplemental data submitted with the paper revealed that Lanza's team did not fully use the approach -- it just extrapolated from less ambitious experiments.
But the lay media weren't the only ones who misunderstood. Nature, the prestigious international journal that published the paper, initially issued a news release that declared Lanza's team had made embryonic stem-cell colonies "while leaving the embryo intact." The journal has since issued two "clarifications" and published online the supplemental data showing the embryos were destroyed.
"We feel it necessary to explain that... the embryos that were used for these experiments did not remain intact," Ruth Francis, Nature's senior press officer, e-mailed the media.
Asked why Nature editors did not make that clear in the paper, Francis e-mailed The Inquirer: "We are looking into the possibility of further clarification of this paper."
In an interview with The Inquirer last week, Lanza explicitly said some of the embryos survived and were returned to frozen storage.
Yesterday, he said he was referring to embryos used in experiments that were complementary to, but separate from, the Nature paper.
Some commentators said such dissembling only added to fears -- raised by last year's South Korean stem-cell research fraud that marred the reputation of the journal Science -- that the field is hyped and suspect.
A call for funding
"It's deeply disturbing," said David Magnus, director of the Stanford Center for Biomedical Ethics. "But I think it speaks to why we need state and federal funding of this research. Otherwise, we're dependent on small, underfunded companies like Advanced Cell Technology to do the work. They have a history of making somewhat spurious announcements when they're in need of cash."
Normally, embryonic stem cells are extracted when they briefly appear in a five-day-old embryo, which has about 100 cells. This kills the embryo.
Lanza's team intervened earlier, dismantling eight- to 10-cell embryos, then signaling the individual cells to transform into stem cells. This transformation was a breakthrough, but it was highly inefficient: Of 91 individual cells, only two ultimately made new stem-cell colonies.
Here is where the paper turned speculative: The 16 dismantled embryos might have survived if only one or two of their eight cells had been removed.
The 'breakthrough here'
Indeed, infertility clinics occasionally perform "embryo biopsy" on an eight-cell embryo to screen for genetic diseases before letting the embryo grow to about 100 cells, the size normally implanted in a womb.
The Nature paper showed a picture of a 100-cell embryo that Lanza's lab had biopsied at the eight-cell stage -- implying that it was part of the stem-cell experiments rather than separate, related research.
Lanza's team wrote that the paper shows that single cells "can be used to establish human embryonic stem-cell lines using an approach that does not interfere with the developmental capacity of the parent embryo."
Yesterday, Lanza said he saw no reason to explain that they had not actually used that approach on the embryos from which stem cells were generated.
"The scientific breakthrough here is that a single cell has the capacity to make embryonic stem cells," he said. "It was not the purpose of this study to repeat what we already know" -- that an early embryo can be biopsied without killing it.
In 2001, Advanced Cell Technology was lionized, and then criticized, when its published assertion of having cloned the first human embryos turned out to be exaggerated. Of 19 embryos, only one reached the six-cell stage, then died.
The company was on the brink of insolvency in 2004 after South Korean scientist Hwang Woo-suk published evidence -- since shown to be a sham -- that his lab had achieved the human embryo-cloning milestone.
Last week, Advanced Cell's shriveled stock value more than quadrupled after the Nature paper was published online, and the company's chief executive officer was quoted saying that he hoped the ability to make stem cells without destroying embryos would attract new investors.
Lanza said yesterday that he did not know how the latest news would affect the company. The firm's shares fell more than 9 percent yesterday to 78 cents a share. "To be truthful, I'm so deeply involved in the scientific side," Lanza said, "you'd have to talk to the business end."
Contact staff writer Marie McCullough at 215-854-2720 or mmccullough*phillynews.com.
Posted by Doniboy on :
This article is BS. They developed a technology that will save the embryos during these tests. They could have spent a fortune and done the test correctly, but they took a shortcut because the old technology (of removing one cell from one embryo) is already proven. They didn't need to prove it. The Embryos were destroyed but didn't have to be. The technology is sound.
Posted by Doniboy on :
Good post from IHUB about this stupid article:
What ACTC was trying to show by the study was that stem cell lines from embryos with 8 cells could be created. They accomplished this. The survival of the embryo by this procedure is already established and in fact many children are alive today who have had a cell taken out at the 8 cell stage for genetic testing. The idea of not allowing the embryos to survive was not the issue. They decided to be efficient with the embryos and remove many cells and obviously they would not survive after this procedure. Otherwise they would have had to experiment on many more embryos. Why waste extra embryos if you don't have to. They were not going to take 91 embryos, keep them alive and say - here you go make babies out of them now. Not for this kind of study. I understood this from day one!!
Posted by doling2005 on :
not good..out
Posted by Doniboy on :
Is that you Ryan Seacrest?
not good..out
Posted by stockonyou on :
I want to get in but much selling presure unable me to do a jump in. anybody knows the real float on this one?
Posted by Doniboy on :
Yahoo has it reported as 17.41 million.
Posted by Repoman75 on :
Radaring... this is where I last bought... it may be lucky.
Posted by stockonyou on :
a lot of investors concern on this one, there is time to bounce but something is holding it down, just watch by now.
Posted by Doniboy on :
Definitely a lot up in the air right now. But I read (on another board) That they are in a quiet period right now. If that's true then perhaps something big looms on the horizon. Not sure.
Posted by T e x on :
"quiet period" ?
what on earth could that be about?
Posted by Doniboy on :
Quiet Period: The federal securities laws do not define the term "quiet period," which is also referred to as the "waiting period." However, historically, a quiet period extended from the time a company files a registration statement with the SEC until SEC staff declared the registration statement "effective." During that period, the federal securities laws limited what information a company and related parties can release to the public.
On June 29, 2005, the Commission voted to adopt modifications to the registration, communications, and offering processes under the Securities Act of 1933. Among many other provisions, the rules update and liberalize permitted offering activity and communications to allow more information to reach investors by revising the "gun-jumping" provisions under the Securities Act. The cumulative effects of these rules are as follows:
Well-known seasoned issuers are permitted to engage at any time in oral and written communications, including use at any time of a new type of written communication called a "free writing prospectus," subject to enumerated conditions (including, in some cases, filing with the Commission).
All reporting issuers are, at any time, permitted to continue to publish regularly released factual business information and forward-looking information.
Non-reporting issuers are, at any time, permitted to continue to publish factual business information that is regularly released and intended for use by persons other than in their capacity as investors or potential investors.
Communications by issuers more than 30 days before filing a registration statement will be permitted so long as they do not reference a securities offering that is the subject of a registration statement.
All issuers and other offering participants will be permitted to use a free writing prospectus after the filing of the registration statement, subject to enumerated conditions (including, in some cases, filing with the Commission). Offering participants, other than the issuer, will be liable for a free writing prospectus only if they use, refer to, or participate in the planning and use of the free writing prospectus by another offering participant who uses it. Issuers will have liability for any issuer information contained in any other offering participant's free writing prospectus as well as any free writing prospectus they prepare, use, or refer to.
The exclusions form the definition of prospectus are expanded to allow a broader category of routine communications regarding issuers, offerings, and procedural matters, such as communications about the schedule for an offering or about account-opening procedures.
The exemptions for research reports are expanded. A number of these new rules include conditions of eligibility. Most of the rules, for example, are not available to blank check companies, penny stock issuers, or shell companies.
The rules address the treatment under the Securities Act of electronic communications, including electronic road shows and information located on or hyperlinked to an issuer's website. The rules define written communication as any communication that is written, printed, a radio or television broadcast, or a graphic communication. The definition of graphic communication and, thus, electronic road show excludes communications that are carried live and in real-time to a live audience, regardless of the means of transmission. Electronic road shows for initial public offerings of common equity or convertible equity securities will have to make a bona fide electronic road show readily available to an unrestricted audience to avoid filing the electronic road show with the Commission. No other road shows will be subject to filing.
The effective date of the rules is December 1, 2005. For more information, please see Release No. 33-8591 — Securities Offering Reform.
Posted by Doniboy on :
Though from what I have found, a quiet period usually only applies to IPO's. So maybe the poster was incorrect. Or maybe the Company was not talking about an official "quiet period" but rather a period where they didn't feel like filing any PR's.
Posted by Repoman75 on :
Just got this in an e-mail from their PR firm.
Thank you for your continued interest in Advanced Cell Technology. Due to the recent announcement of the financing statement as of August 25th, 2006, the Company is in a quiet period until such time as both financings are closed. Advanced Cell Technology stands by our investors and we look toward a prosperous future as we continue our near term efforts to ready cellular based therapies for clinic trial.
Please don't hesitate to contact Trilogy Capital Partners with any feedback or questions you might have.
Thank you again for your interest in our company and its mission.
Sincerely,
William M. Caldwell IV Chief Executive Officer Advanced Cell Technology
Financial Communications: Trilogy Capital Partners Astra Thomas, VP 800-592-6061
Posted by Doniboy on :
Thats the e-mail they are sending to anyone who requests info. WTF is with the Quiet period while the price drops?
Posted by stockdealer on :
is this thing gonna keep tanking or what?
Posted by Doniboy on :
no
Posted by bksundar on :
In all honesty, $2.38 to 0.61 is a TANK in itself. What more do you want ??
Posted by Ace of Spades on :
quote:Originally posted by bksundar: In all honesty, $2.38 to 0.61 is a TANK in itself. What more do you want ??
Posted by Doniboy on :
It sure is, but do you believe the stock will stay down here? I don't.
Posted by bksundar on :
Till you get a sign of any upward momentum, it is dangerous to get in. There are other plays, you know...
Posted by Doniboy on :
I'm already in. Not ready to get out. But...if you see a good play let me know Posted by Doniboy on :
GREEN. WOHOOOOOOOO.
lol
Posted by IMAKEMONEY on :
I'm Neil Diamond
Posted by bksundar on :
1. I like the slow upward movement in TYRIA from the low of 0.006. (Not for short term though - it is a pain....) Reasonable earnings to where it is currently at. 2. ACTC when it is at 0.40 or below. That would mean a potential market cap of 10/15m. That gives some room for growth on positive news later... To say 25-30m market cap 3. FSMH at 0.0004 4. CHNW at 0.003 (good odds of reaching at least 0.005/.006 in the short term) 5. GLIF at 0.02 or below. Potential of 0.03/0.04 in the short term - 2/3 months..
Posted by Doniboy on :
Thanks bksundar, I'll check them out.
IMAKEMONEY...I WILL SMACK YOU IN THE MOUTH!!!! Best SNL skit since Eddie Murphy left!
Posted by IMAKEMONEY on :
lol.im with you on that DB.
Posted by Doniboy on :
Nice close yesterday. Up 10 cents!!!!
Posted by zzepman on :
Error sparks stem cell debate confusion By MATT CRENSON, AP National Writer Fri Sep 1, 10:39 PM ET
NEW YORK - An advance in stem cell research that was intended to resolve moral differences over the promising but controversial field has ignited fresh conflict instead.
Because stem cells can turn into virtually any type of human tissue, they hold promise for treating a host of human maladies. But critics have argued that creating the cells for research is wrong because it requires the destruction of human embryos in their earliest stages.
Scientists say the field's progress is seriously hampered by federal funding restrictions that are motivated by those moral objections.
Last week, the California biotech company Advanced Cell Technology proposed a way out of the impasse. Writing in the scientific journal Nature, ACT researchers described a way to make stem cells from single cells that had been removed from embryos. Because fertility doctors routinely remove single cells from embryos for genetic testing and then successfully implant them, the technique could in theory be used to create stem cells without destroying human embryos.
An e-mail sent to reporters by Nature before the paper's online publication stated that company researchers "have been able to generate new lines of cultured embryonic stem (ES) cells while leaving the embryo intact."
In reality, however, the embryos used by the company were destroyed in the course of developing the method. The researchers removed an average of five to six cells from each embryo rather than one to improve their chances of success. Removing that many cells at such an early stage of development effectively destroys an embryo.
Within hours of the paper's release, the journal issued a pair of clarifications to the original e-mail that corrected the mistake. But several media outlets included the error in their own accounts.
The Associated Press' stories did not address the fate of the embryos, instead focusing solely on the technique.
Robert Lanza, vice president of research and scientific development at Advanced Cell Technology, said the technique is the important thing, not how it was developed.
"The concept and implications of the study remain completely unchanged," he said.
Critics of stem cell research said the company had not been sufficiently clear about how their experiments were conducted.
"I'm not saying the Nature article was false, but it certainly misled a lot of people," said Richard Doerflinger of the U.S. Conference of Catholic Bishops.
Company officials protested that the fate of embryos in their laboratory has no bearing on the scientific value of the research that comes out of it. Using the techniques they developed, they said, future researchers can create stem cells without destroying embryos.
Having such a capability could be useful because U.S. law currently bans federal funding of any research that harms human embryos. In an August 2001 decision, President Bush allowed federal funding for research on the few dozen cell lines that had been created up to that point. But researchers say they need hundreds of lines to move the science forward.
"I think the degree of protest here is the result of the importance of this breakthrough," said Ronald Green, chairman of Advanced Cell Technology's ethics advisory board and a professor of religion at Dartmouth College. "If the president were to turn around tomorrow and authorize stem cell lines produced in this way, in two years' time we could have three to four hundred stem cells lines."
Other scientists have expressed reservations about the significance of the research, saying that it needs to be confirmed through replication. Many would prefer to keep creating stem cells using the current technology, which requires the destruction of embryos about five days into development. At that stage, they constitute a ball of about 100 to 150 cells.
This was on the main science page of yahoo news
Posted by zzepman on :
Clarification Issued on Stem Cell Work By NICHOLAS WADE Published: September 2, 2006
The scientific journal Nature has corrected a press release and is considering whether to add further information to an article published last week reporting that human embryonic stem cells could be generated without destroying an embryo.
The article has political consequences because destruction of embryos, which is unavoidable with present methods, is the main stated objection of many who oppose embryonic stem cell research.
The journal’s action follows numerous news reports on the article and criticism from the United States Conference of Catholic Bishops, which pointed out that embryos used in the research were being destroyed, a fact made clear in the scientific paper but not the press release.
Both the journal and the principal author of the article, Dr. Robert Lanza of Advanced Cell Technology, say that the scientific report is correct and that any addition would be solely for purposes of clarification.
“We’re looking to see if the description is clear, but there is nothing wrong with the paper,” a Nature press officer, Ruth Francis, said yesterday.
For about 10 years, fertility clinics have sometimes used a genetic diagnostic test in which a single cell is removed from an embryo at the eight-cell stage to be tested for abnormalities like Down syndrome. If no defect is found, the embryo with its remaining seven cells is implanted in the womb and grows to term. Babies born from seven-cell embryos seem as healthy as others born after in vitro fertilization.
Dr. Lanza noted in his article that the cell removed in this test, known as preimplantation genetic diagnosis, or P.G.D., could be used, after growing and dividing, both for testing and, with his new technique, to derive human embryonic stem cells. Since the original embryo would be unharmed, a principal objection to the research would be removed, he said.
Dr. Lanza’s article in Nature made clear that he had not saved the embryos in his own experiments, in which he used as many as eight cells from each of some 16 donated embryos. Had he taken only a single cell from each, many more embryos would have been needed. The press release issued by Nature, however, incorrectly implied that he had removed just a single cell.
After news accounts based on the press release drew criticism from the bishops conference, which opposes in vitro fertilization and human embryonic stem cell research, Nature corrected its statement to make clear that Dr. Lanza’s embryos had been destroyed. But the revised statement said other researchers, as he had noted, could use his technique to derive stem cells from cells removed in P.G.D.
Dr. Lanza said yesterday that Nature had not shown him the original press release before publication.
Posted by T e x on :
ooops...
Posted by Doniboy on :
Good open!!
Posted by bksundar on :
Out of the 4 stocks I just mentioned in my previous post, GLIF is looking good...
Posted by Doniboy on :
It certainly looks a lot better than this one right now.
Posted by Doniboy on :
Posted by Doniboy on :
:|
Posted by Schopenhauers Dog on :
Sometimes, it's hard to say goodbye.
Posted by Doniboy on :
good bye Dog. Nope, wasn't a problem.
Posted by T e x on :
quote:Originally posted by doling2005: I may be crazy but I just bought it back again..for the 3rd time. Lots of news coming next week in national press..I think I'll hang unless I see it dropping suddenly....
apologize in advance if this is redundant... why are we expecting news?
Posted by Doniboy on :
The so-called quiet period is supposed to end on September 7th, or so I am told...
Posted by T e x on :
ahhh...
thanks...
btw? "so-called quiet period" is an apt description, in my book...
Posted by Doniboy on :
Thanks, I figured it was better than "I don't know why the Hell they don't release anything, but they say they can't for some reason"
Posted by Livinonklendathu on :
September 6, 2006 - 7:04 AM EST
ACTC 0.60 -0.11
Advanced Cell Technology Announces Settlement of Patent Interference Action Advanced Cell Technology, Inc. (OTCBB: ACTC) (ACT) announced today that it has settled a patent dispute involving certain nuclear transfer cloning patents and patent applications owned or licensed by the University of Massachusetts (UMass), Roslin Institute (Roslin), Geron Corporation (Nasdaq: GERN) (Geron), Start Licensing, Inc. (Start) and ACT. The dispute involved appeals to the U.S. District Court by ACT and UMass that sought to overturn rulings by the U.S. Patent and Trademark Office against ACT and UMass in patent interference numbers 104,746 and 105,192.
The underlying interference proceedings centered around patent applications owned by Roslin against U.S. Patents 5,945,577 and 6,234,970 owned by UMass and exclusively licensed to ACT. The interference proceedings were initiated by Roslin's licensee, Geron. In late 2004 and again in early 2005, the Board of Patent Appeals and Interferences of the U.S. Patent Office ruled in favor of Geron in both interferences. UMass and its licensee, ACT, immediately filed appeals, naming Roslin, Geron and Exeter Life Sciences (Exeter), also a Roslin licensee, as defendants. In mid-2005, Geron and Exeter established a joint venture company, Start Licensing, to manage and license intellectual property rights for animal reproductive technologies, and exclusively licensed their rights in Roslin patent applications to Start in the non-human animal field.
Under the terms of the settlement agreement, Start agreed to pay ACT an initial payment of $500,000 and milestone payments of up to $750,000. Start, Geron, Exeter and Roslin each further agreed not to sue ACT or UMass under the involved Roslin patent applications. In exchange, ACT and UMass dismissed their appeals with prejudice, transferred control of related UMass patents and patent applications to Start in the non-human animal field, and ACT paid certain legal fees. Under the terms of the settlement agreement, ACT retained its rights under the UMass patents in the human field.
"This settlement resolves the parties' various patent rights with respect to nuclear transfer cloning in the non-human field. The parties are now free to move forward with their respective business models unfettered by this patent dispute," said William M. Caldwell, CEO of ACT.
About Advanced Cell Technology
Advanced Cell Technology, Inc. is a biotechnology company engaged in the emerging field of regenerative medicine. The company operates facilities in Alameda, California and Worcester, Massachusetts. For more information about the company, please visit www.advancedcell.com.
Statements in this news release regarding future financial and operating results, future growth in research and development programs, potential applications of our technology, opportunities for the company and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward- looking statements, including: limited operating history, need for future capital, risks inherent in the development and commercialization of potential products, protection of our intellectual property, and economic conditions generally. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in the company's periodic reports including the quarterly report on Form 10-QSB for the period ending June 30, 2006.
Forward-looking statements are based on the beliefs, opinions, and expectations of the company's management at the time they are made, and the company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.
The Investor Relations Group Investor Relations: James Carbonara Media Relations: Bill Douglass 212-825-3210
Source: Business Wire (September 6, 2006 - 7:04 AM EST)
Posted by Repoman75 on :
nuclear transfer cloning patents
What the hell? Are they building cyborgs in MA?
Posted by Doniboy on :
I am only about 30 minutes from UMASS, I think I'm heading up there to see some cyborg action.
Posted by Igor R on :
quote:Originally posted by Livinonklendathu: September 6, 2006 - 7:04 AM EST
ACTC 0.60 -0.11
Under the terms of the settlement agreement, Start agreed to pay ACT an initial payment of $500,000 and milestone payments of up to $750,000. Start, Geron, Exeter and Roslin each further agreed not to sue ACT or UMass under the involved Roslin patent applications.
Source: Business Wire (September 6, 2006 - 7:04 AM EST)
Most interesting line there .
Posted by Doniboy on :
starting to gap up a few ticks.
Posted by Livinonklendathu on :
More news:
ACTC -- Advanced Cell Technology, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Advanced Cell Technology's Dr. Robert Lanza Testifies Before U.S. Senate Subcommittee; Testimony Discusses How Company's Technique for Human Stem Cell Development May Advance Support for Stem Cell Research
WORCESTER, Mass., Sep 06, 2006 (BUSINESS WIRE) -- Advanced Cell Technology, Inc. (OTCBB:ACTC) today announced that Robert Lanza, M.D., Advanced Cell Technology's Vice President of Medical and Stem Cell Development, testified today before the Senate Labor, Health & Human Services and Education Appropriations Subcommittee. Dr. Lanza's testimony focused on support for wider availability of human embryonic stem cells for basic medical research. Dr. Lanza is the principle author of a paper published online (ahead of print) on August 23 in the peer-reviewed journal Nature, which described a technique for developing human embryonic stem cells with a single-cell biopsy technique called Preimplantation Genetic Diagnosis (PGD). This technique is not harmful to embryos. "Our hope is that the new method we described in Nature can be used to increase the number of cell lines that qualify for federal funding within the framework of existing U.S. laws and regulations," Dr. Lanza said.
William Caldwell, Advanced Cell Technology's Chief Executive Officer commented, "We believe our technology offers a significant forward step in the field of regenerative medicine and adds to the array of available technologies. Since Dr. Lanza testified here last year, we have progressed from applying the single-cell derivation technique from the mouse to the human. In that year alone, a million people died from diseases that could that could potentially be treated--and possibly cured--using future stem cell therapies. We urge wider availability of cell lines for medical research."
About Advanced Cell Technology
Advanced Cell Technology, Inc. is a biotechnology company engaged in the emerging field of regenerative medicine. The company operates facilities in Alameda, California and Worcester, Massachusetts. For more information about the company, please visit www.advancedcell.com.
Statements in this news release regarding future financial and operating results, future growth in research and development programs, potential applications of our technology, opportunities for the company and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward- looking statements, including: limited operating history, need for future capital, risks inherent in the development and commercialization of potential products, protection of our intellectual property, and economic conditions generally. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in the company's periodic reports including the quarterly report on Form 10-QSB for the period ending June 30, 2006.
Forward-looking statements are based on the beliefs, opinions, and expectations of the company's management at the time they are made, and the company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.
SOURCE: Advanced Cell Technology, Inc.
Posted by stockonyou on :
watch it down soon, careful.
Posted by Repoman75 on :
It is alive!
Posted by IMAKEMONEY on :
THATS BIG NEWS, BIG POP COMING.
Posted by Vinnie on :
If I could short this baby, I would.
Posted by Goodones on :
The best news is that dilution is done now! Only going up from here.
Posted by Repoman75 on :
I'm back in!!!!
Posted by IMAKEMONEY on :
WISE MOVE REPO
Posted by Repoman75 on :
Finish over 1.20 say, and a nice .10 - .20 gapper tomorrow.
Posted by Repoman75 on :
Breakout.
Posted by Doniboy on :
SWEEEEEEETNESSSSSSSS!!!!!!!!!
Posted by stockonyou on :
I sold my position holding four days, is enough.
Posted by Repoman75 on :
Dip over.
Posted by IMAKEMONEY on :
YEP.
Posted by Doniboy on :
wHAT DO THE l2'S LOOK LIKE?
Posted by Livinonklendathu on :
.80 x .81 2 x 1
Posted by Repoman75 on :
Watch for the afternoon run.. starting around 2-2:30pm
Posted by Doniboy on :
What makes you think it will run again Repo?
Posted by Repoman75 on :
Because, this testimony opens the door for potential gov't funding, which Bush might do just to save the GOP's ass in Nov.
If you are asking why as in T/A, trading will pick up into the EOD for a gapper tomorrow. MM's looove gappers. I'm getting good at this whole timing thing and playing these stocks... almost becoming "boring" at this point its so easy.
Posted by Repoman75 on :
Wisconsin Governor Candidate Mark Green Backs Stem Cell Research Funding
by Steven Ertelt LifeNews.com Editor September 6, 2006
Madison, WI (LifeNews.com) -- Incumbent Governor Jim Doyle may have forced the state of Wisconsin to spend money on embryonic stem cell research that has yet to help a single patient, but that doesn't mean stem cell research shouldn't be supported. That's the position of gubernatorial candidate Mark Green, a congressman who wants to fund research with adult stem cells. On Tuesday, Green proposed spending $25 million on alternative methods of obtaining embryonic stem cells that doesn't involve the destruction of human life.
Green said the money would go to the WiCell Research Institute, a nonprofit run by the University of Wisconsin, over the next four years.
Green's proposal comes after weeks of Doyle bashing him during the campaign by claiming he doesn't want to offer any help to patients with a myriad of diseases and conditions. Though Doyle claims to be pro-patient, he favors funding embryonic stem cell research -- which hasn't helped humans and has failed in animal experiments.
In a press statement, Green said WiCell will award grants to researchers and biotech firms looking to find embryonic stem cells with moral and ethical methods. None of the money will go to research that involves destroying human life.
Green said his proposal "takes the politics out of science" by focusing on the kind of research that both sides of the debate support.
But Doyle campaign spokesman Anson Kaye blasted Green for backing stem cell research and claimed he proposed a "red herring designed to trick voters into thinking he supports stem cell research."
In an AP interview, Kaye called adult stem cell research "unproven," despite patients only being cured or treated by it rather than with embryonic stem cells.
"It's irresponsible and dishonest for him to hold up unproven science to try to trick voters,'' he said. "It's just more cynical election-year double talk.''
Green has earned the support of pro-life groups with his stance on stem cell research and voted in July to uphold President Bush's veto of a measure that would have forced taxpayers to fund embryonic stem cell studies.
Posted by Repoman75 on :
Almost time...
Posted by Doniboy on :
Could be an EOD run here. Thats what I'm rooting for. I hope you're right Repo.
Posted by Repoman75 on :
Here's the run!! GAPPER!!!!!!!!!!!!!!!
Posted by Doniboy on :
Not for nothing, but has anyone been watching Mastercard? It went up almost $2.00 for its 52 week high (which means All time high). It has been going up daily for the past few weeks ever since the lawsuits got settled. Great safety stock for me. Better than a money market Posted by djg7 on :
Looks like a little run EOD.
Posted by stockonyou on :
don't be surprise if volume fade next day.
Posted by Igor R on :
was that 27.5k share trade a buy or sell?
Posted by Repoman75 on :
Buy, we gap tomorrow.
Posted by stockonyou on :
I believe Igor R was the one who bought it.
Posted by Igor R on :
I wish lol.
Posted by Doniboy on :
Nice close, good first day after the end of the quiet period.
Posted by matto on :
nice day today!
Posted by Tradepal on :
Finally!!!
Posted by RagingBull on :
yo Repoman i was quoting you on investorshub about the EOD run and they ridiculed me lol
Posted by Repoman75 on :
Ihub can suck me. Nothing but pumper traders.
Posted by Doniboy on :
Whats up today? A few negative articles out there about the Senators bashing ACTC, but some support as well.
Posted by RagingBull on :
I'm wondering the same thing I think imma take the safe route for now unless the positives outweighs the negatives
Posted by Repoman75 on :
I think we are going to stay in the .80's today.
Posted by Doniboy on :
its gapping down as we speak.
Posted by Repoman75 on :
Gapping up now?
Posted by Doniboy on :
LOL, weird stuff happening. The Market doesn't know what the Hell to do.
Posted by Doniboy on :
18,898 share buy at .80
Posted by Vinnie on :
Sorry for my ignorance, but what does gapping mean? Is it the ask/bid spread?
Posted by stockonyou on :
Gap opening "In the context of general equities, opening price that is substantially higher or lower than the previous day's closing price, usually because of some extraordinarily positive or negative news." yahoo glossary definition.
Posted by Vinnie on :
Thanks dude, Probably should have done some research...
Posted by stockonyou on :
your welcome, everyone learn something new everyday. in other words, stay away from this one by now. Most of them are sells.
Posted by Doniboy on :
And don't take advice about when to buy or sell. I think this stock is looking pretty good right now. It may run again soon. Or it may not..do your own DD.
Posted by stockonyou on :
I'm just trying to save him some money, obviously he's doing his DD, what do you think he's doing when is questioning about some financial term? In fact, the market's strangling now.
Posted by Doniboy on :
I knew he was doing DD, thats just how I sign off whenever I speak to someone that I perceive as a new investor. Its good advice always, not an insinuation of anything.
Posted by Vinnie on :
Not a big fan of this stock. I dont understand the industry. its fun to watch it roller coast though(I think thats how its spelled)
Posted by kilikili on :
Press Release Source: Advanced Cell Technology, Inc.
Advanced Cell Technology Finalizes Two Financings Totaling Over $13 Million
Friday September 8, 8:00 am ET Proceeds to Accelerate ACTC Programs for the Development of Novel Stem Cell Therapies Directed at a Broad Range of Diseases and Disorders
ALAMEDA, Calif.--(BUSINESS WIRE)--Sept. 8, 2006--Advanced Cell Technology, Inc. (OTCBB:ACTC - News), announced that it closed two financings generating approximately $13 million in cash.
ADVERTISEMENT The proceeds will enable continued development of the Company's proprietary technology platforms, including the recently announced ACTC technique to generate human embryonic stem cell while preserving the donor embryo's potential for continued development. Included in ACTC's priorities for use of proceeds are the three therapeutic programs currently targeted by ACTC for advancement into the human clinical trial phase. These priorities include therapies for treatment of degenerative eye disease, heart and vascular disease, and technology to regenerate skin damaged by wounds, burns and in surgical procedures.
On September 6, 2006, ACTC closed its previously announced exercise by existing investors of additional investment rights under the Company's existing debenture financing. ACTC issued amortizing convertible debentures in the full principal amount of $10,981,250 reflecting a discount rate of 20.3187% for an aggregate cash purchase price of $8,750,000. In connection with this financing, ACTC has agreed to file a registration statement with the Securities and Exchange Commission registering the resale of the shares of common stock issuable upon conversion of the debentures and the exercise of the warrants.
The Company has also concluded the previously announced repricing of its existing $2.53 warrants. The warrant repricing transaction resulted in the exercise of warrants for 4,541,672 shares of the Company's common stock, generating proceeds to ACTC of approximately $4.3 million. As previously announced, replacement warrants identical in all respects to the exercised warrants, except for an adjusted strike price of $1.60, will be issued to the warrant holders that exercised their warrants in the warrant repricing transaction.
Additional details regarding both of the financings will be included in a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission.
"These financings demonstrate the confidence our current investors have in ACTC's research and technology and in our strategic vision to play a leadership role in the field of stem cell-based regenerative medicine," said William M. Caldwell IV, Chief Executive Officer of Advanced Cell Technology. "We expect the proceeds generated by these financings will fund preclinical studies and accelerate our progress to commencement of the clinical studies necessary to develop real treatments that tap the amazing promise of stem cell technology."
ACTC's timetables for the filing of its IND applications with the FDA are dependent upon the preclinical findings completed thus far and data generated in additional preclinical studies being conducted or planned by the Company.
ACTC will also continue to accelerate development of its proprietary technology platforms, including a method for accelerating the formation of stem cells, and a novel technique to develop new human embryonic stem cell lines while preserving the donor embryo's potential for normal development and life.
* ACTCellerate®: The Company invented its ACTCellerate® technology platform to speed differentiation of cells from human embryonic stem cells, thereby expanding potential products made from embryonic stem cell technology. * ACTC recently announced a novel technique to generate human embryonic stem cell lines from embryos while fully preserving the embryo's potential for life and development. In a paper published recently in the peer-reviewed scientific journal "Nature," ACTC scientists described their technique to generate human embryonic stem cells using a proven single-cell biopsy technique called Preimplantation Genetic Diagnosis (PGD). PGD is a widely used practice used at in vitro fertilization (IVF) clinics to assess the genetic health of preimplantation embryos. To date, more than 1,500 healthy children have been born following the procedure, and live with their families today.
Statements in this news release regarding future financial and operating results, future growth in research and development programs, potential applications of our technology, opportunities for the company and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: limited operating history, need for future capital, risks inherent in the development and commercialization of potential products, protection of our intellectual property, and economic conditions generally. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in the company's periodic reports, including the report on Form 10-QSB for the quarter ended June 30, 2006.
Forward-looking statements are based on the beliefs, opinions, and expectations of the company's management at the time they are made, and the company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.
Contact:
Financial Dynamics Robert Stanislaro, 212-850-5657 (Media) or The Investor Relations Group James Carbonara, 212-825-3210 (Investors) or Financial Communications Trilogy Capital Partners Paul Karon, 800-592-6067 paul*trilogy-capital.com
Source: Advanced Cell Technology, Inc.
Posted by Doniboy on :
NICE!
Posted by RagingBull on :
nice swing trade here today lets see where it goes
Posted by Livinonklendathu on :
Naked, pretty obvious. I think ARCA alone is short 10 mil. shares.
Posted by Doniboy on :
Let it run and break that .91 barrier.
Posted by Doniboy on :
NIce open so far.
Posted by kilikili on :
Posted by: dragon52 In reply to: The Real Titan who wrote msg# 4933 Date:9/8/2006 12:26:54 PM Post #of 4942
Confirmed.. OPCO is Oppenheimer
OPCO Oppenheimer & Co., Inc. NASDAQ/OTCBB TRADING 212-422-781
Posted by blazingnines on :
You guys will want to check out the AMK.V thread posted on this board. I think if anyone is looking for some wicked short- long term gains.. this Gold and Silver exploration and development corp is about to explode... do your own DD. Good luck to all who manage to actually get in.
Blazingnines
Posted by glassman on :
quote:Originally posted by glassman: posted August 28, 2006 14:29 i'm looking for it to show up on the SHO list in the next couple days...
well HONESTLY? it took a day or two longer longer than i expected it would...
Posted by Doniboy on :
You rock Glassman.
Posted by glassman on :
nope, i don't rock...
i wanted to warn people, but i couldn't... because if enough people did show up and buy? the short-selling would not have mattered, and i didn't want to stop people from buying..
the only way to break a short is to have even more buyers...
does that make sense?
everybody go back and look at the chart..see how they did it...
it ran up in three hours and then they let it trickle down as they sold shares they didn't even have...
it stinks to high heaven and it's the MAIN reason i don't post picks anymore...
anybody that got caught on this should write letters to their Senators and Congressperson...
be specific, don't write a long letter.. try to make it unemotional...
watch how long it sits on the SHO list...
it's going up now.... maybe the shorts stopped?
read FILINGS if you are gonna hold for more than a daytrade...
Posted by Doniboy on :
I still like this stock Posted by kilikili on :
Good EOD today!
Posted by Doniboy on :
Sweet day. Do I see an uptrend?????
Posted by kilikili on :
Doniboy, you should have invested in GLIF (of course in hindsight). You would have made loads of money with a buy at 0.028 when I had flagged it earlier in my Sep 6 message
Posted by bksundar on :
Sorry Sep 1 message on Page 24
Posted by Livinonklendathu on :
ACTC (.735) WiCell Research Institute and Advanced Cell Technology Offer to Distribute New Stem Cell Lines to U.S. Researchers; Agreement Subject to U.S. Federal Government Recognition and Funding of Cell Lines
Business Wire "US Press Releases "
MADISON, Wis. and ALAMEDA, Ca.--(BUSINESS WIRE)--Sept. 12, 2006--
The WiCell Research Institute (WiCell) and Advanced CellTechnology (OTCBB:ACTC) announced today an agreement, in principle, tocollaborate to jointly distribute to U.S. scientists a range of newcell lines. These stem cell lines would be produced using a recentlyannounced technique in the peer-reviewed journal Nature, provided thatthe United States federal government recognizes these new lines andfunds research utilizing them. Under their collaboration, agreed inprinciple between the parties, Advanced Cell Technology and WiCellhope to make the new stem cell lines readily available to U.S.scientists for medical research.
In its role as the National Stem Cell Bank, WiCell has taken aleadership role in providing cells to academic researchers byproviding a free license and training to scientists interested inpursuing this new technology. More than 350 academic research groupsare working with cells from WiCell. Under the agreement in principle,WiCell, a subsidiary of the Wisconsin Alumni Research Foundation(WARF), would distribute stem cell lines derived from Advanced CellTechnology's proprietary method, if approved by the President and theNational Institutes of Health.
"Provided that the federal government is willing to fund futurehuman embryonic stem cell research where it can be demonstrated thatthe embryo was not harmed, we will do our part in scaling up many newlines under Good Manufacturing Processes (GMP) guidelines and makingsuch lines available," stated William M. Caldwell, IV., ChiefExecutive Officer of Advanced Cell Technology. "We are well aware ofthe impact that delays in advancing new therapies can have on peoplein need of therapy and provided that the federal government advanceslegislation in an expeditious manner, we will make the derivation ofnew lines a company priority."
"Advanced Cell Technology's development is very encouraging,"stated Elizabeth Donley, Executive Director of WiCell. "We are hopefulthat future human embryonic stem cells created by this new process canbe approved for federal funding. Increasing the number of federallyfunded stem cell lines is essential for speeding the development ofthis important technology to treat many of human kind's most seriousdiseases and injuries. WiCell has agreements to distribute 13 of the21 lines currently available on the National Institutes of HealthRegistry. We will continue our effort to provide all lines that areeligible for federal funding."
About the WiCell Research Institute
The WiCell Research Institute is dedicated to expanding thefrontiers of science and medicine by unlocking the potential of stemcells. As a subsidiary of the Wisconsin Alumni Research Foundation anda supporting organization of the University of Wisconsin-Madison,WiCell conducts research, supports research at UW-Madison, hosts theNational Stem Cell Bank, provides training for scientists, and offerseducational outreach programs for K-12 students and the community.
About Advanced Cell Technology, Inc.
Advanced Cell Technology, Inc. is a biotechnology company applyingstem cell technology in the emerging field of regenerative medicine.The company operates facilities in Alameda, California and Worcester,Massachusetts. For more information about the company, please visithttp://www.advancedcell.com.
Forward-Looking Statements
Statements in this news release regarding future financial andoperating results, future growth in research and development programs,potential applications of our technology, opportunities for thecompany and any other statements about the future expectations,beliefs, goals, plans, or prospects expressed by management constituteforward-looking statements within the meaning of the PrivateSecurities Litigation Reform Act of 1995. Any statements that are notstatements of historical fact (including statements containing thewords "will," "believes," "plans," "anticipates," "expects,""estimates," and similar expressions) should also be considered to beforward-looking statements. There are a number of important factorsthat could cause actual results or events to differ materially fromthose indicated by such forward-looking statements, including: limitedoperating history, need for future capital, risks inherent in thedevelopment and commercialization of potential products, protection ofour intellectual property, and economic conditions generally.Additional information on potential factors that could affect ourresults and other risks and uncertainties are detailed from time totime in the company's periodic reports, including the report on Form10-QSB for the quarter ended June 30, 2006.
Forward-looking statements are based on the beliefs, opinions, andexpectations of the company's management at the time they are made,and the company does not assume any obligation to update itsforward-looking statements if those beliefs, opinions, expectations,or other circumstances should change.
Source: Advanced Cell Technology, Inc.
Posted by Doniboy on :
Nice PR. Hopefully there will be an announcement sometime soon of federal funding. That would send this stock through the roof.
Posted by Doniboy on :
Dip here. This stock is getting played heavily by flippers and day traders. You can't really blame them, but with all this good news I figure the stock should be much higher.
Posted by Livinonklendathu on :
September 21, 2006 - 6:02 AM EST
ACTC 0.75 0.00
Advanced Cell Technology Reports Visual Function Rescue in Animals Utilizing Human Embryonic Stem Cell-Derived Retinal Cells; Transplanted Cells Shown Capable of Rescuing Photoreceptor Cells in RCS Rats with Retinal Disease Advanced Cell Technology, Inc. (OTCBB: ACTC.OB) today announced that company scientists and their collaborators rescued visual function in rats through implantation of retinal pigment epithelial cells (RPE) derived from human embryonic stem (hES) cells. The study results were reported in a paper entitled "Human Embryonic Stem Cell-Derived Cells Rescue Visual Function in Dystrophic RCS Rats" published online today ahead of print in the Fall 2006 issue of the journal Cloning and Stem Cells.
In a series of several experiments, researchers generated RPE cells from 18 different hES cell lines. Cells derived from one of the NIH-approved cell lines were injected into RCS rats in an attempt to compensate for the photoreceptor cell loss caused by a genetic trait carried by such RCS rats. These animals lose their photoreceptor cells over several months following birth and are used to study conditions under which this loss, similar to that occurring in macular degeneration, can be prevented or treated.
In the study published in Cloning and Stem Cells, rats were injected with hES- derived RPE cells into the subretinal space of the eye at 21 days after their birth, an age at which photoreceptor degeneration has not yet occurred. As controls, some rats received injections of cell culture medium alone, or were not injected. Tests for visual function were performed at 60 and 90 days after birth, times at which loss of photoreceptor cells has produced characteristic vision deficits. As more fully described in the paper, test results of relative visual acuity demonstrated that animals receiving hES-derived RPE cells performed significantly better than cell culture medium treated or untreated controls. Treated animals showed a 50 percent improvement over medium-treated controls and a 100 percent improvement over untreated controls in visual performance. Visual acuity was approximately 70 percent of normal rats.
"One important advantage offered by hES-derived cells over other cells developed to mimic or replace lost retinal pigment epithelium is that they more closely resemble primary human RPEs," stated Raymond D. Lund, Ph.D., Professor at the Moran Eye Center, University of Utah Health Science Center, Salt Lake City and the study's lead author. "Another significant advantage of using these cells is that a range of lines can be derived allowing the opportunity to 'tissue match' donor cells with recipient, a real advantage given that RPE cells are highly immunogenic and susceptible to rejection without some form of immunosuppression."
"Embryonic stem cells promise to provide a well-characterized and reproducible source of replacement cells for clinical studies," stated Robert Lanza, M.D., Vice President of Research & Scientific Development at ACTC and senior author of the paper. "All 18 human embryonic stem cell lines we studied reliably produced retinal cells that could potentially be used to treat retinal degenerative diseases, such as macular degeneration. We showed that these cells have the capacity to rescue visual function in animals that otherwise would have gone blind. Importantly, the cells did not appear to cause any unwanted pathological responses in the animals following transplantation."
"We are working to generate clinical grade RPE cells from human embryonic stem cells under controlled GMP conditions," said Irina Klimanskaya, Ph.D., Director of Stem Cell Biology at ACTC, and the author who initiated this work. "However, more research is still required to optimize their performance and to assure they are safe for clinical trials."
"We are encouraged by this data related to our retinal program and are focused on driving therapies to the clinic," stated William M. Caldwell IV, CEO of ACTC.
Other authors include Shaomei Wang, Toby Holmes, Bin Lu, N. Bischoff, and Sergej Girman of the Moran Eye Center; Rebeca Ramos-Kelsey of Advanced Cell Technology, and Yves Sauve of the Ophthalmology and Physiology Dept., University of Alberta, Edmonton.
About Advanced Cell Technology, Inc.
Advanced Cell Technology Inc. is a biotechnology company applying embryonic stem cell technology in the emerging field of regenerative medicine. The company operates facilities in Alameda, California and Worcester, Massachusetts. For more information about the company, please visit http://www.advancedcell.com.. Posted by Igor R on :
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