Friday, May 11, 2012

STEM at $0.911

StemCells (STEM) closed at $0.911... STEM has been a "call 911" investment for us. Company burns cash. It has stem cells, but Wall Street doesn't seem to give them much value.

StemCells reported 1Q'12 results yesterday (02012.05.10) after the markets closed. Say what?

"We have now established proof of principle that our cells are capable of myelinating nerve axons in an appropriate, progressive and durable way in the brains of patients with a severe myelination disorder." -- StemCells Inc.

No comments:

Post a Comment