Thursday, October 10, 2013

Bought Some More Aastrom Biosciences (ASTM) at $0.23

I've been keeping our investments in StemCells (STEM) and Aastrom Bioscience at or near the same dollar amount. I bought some STEM two days ago; therefore, I bought some ASTM today (02013.10.10) at $0.23. Right now STEM and ASTM are #21 and #25, respectively, in the GDT::Portfolio.

[02013.10.11] I bought the ASTM shares yesterday just before the market closed. After the market closed, Aastrom Biosciences announced a 20-to-1 reverse stock split. From the press release: "Following the reverse stock split, the company expects to have approximately 4.4 million shares of common stock outstanding."

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