Australian (ASX) Stock Market Forum

MSB - Mesoblast Limited

Re: MSB - Mesoblast

Did you predict the breakout?
Was it due to the continual resistance?

Hell no

I did buy the breakout of the High on 4/11.
The huge gap after the announcement was a present surprise!
Right place right time.

Been steady ever since.
I sold after the gap breakout---not the best move in hind site!

But very nice all the same.
Back in on todays breakout.
 
Re: MSB - Mesoblast

its broken above its trend channel on good volume. has been a nice little earner these past few months.
im still learning a bit about TA but i think this is right?
 
Re: MSB - Mesoblast

the buy and sell sides often have a large gap and it trades in big ranges all day! glad to see it pick up since the start of march..

a couple more days of over 1mil traded should see this up a little!


glad i finally jumped on in november lastyear :) hopefully that news isnt too far off..
 
Re: MSB - Mesoblast

yeah I finally couldn't resist any longer and bought in at $6.85

was tempted to sell around $7.05 thinking it would retrace back (as most stocks do when they hit a round number) but woah nelly it took off yesterday! Still dubious about it not retracing a bit but if it goes up steadily...I'm not complaining :)

Long term hold for me. I think it is Southern Cross Eq that has their next price target around $11 (their previous one was around $7). Happy days.
 
Re: MSB - Mesoblast

"Melbourne, April 7, 2011 (ABN Newswire) - Mesoblast Limited (ASX:MSB) (PINK:MBLTY) wishes to inform the market that the Board of its strategic partner Cephalon Inc. (NASDAQ:CEPH) has rejected the unsolicited proposal from Valeant Pharmaceuticals International Inc (NYSE:VRX) to acquire its issued share capital or certain assets."

Anyone know what this is about?
 
Re: MSB - Mesoblast

"Melbourne, April 7, 2011 (ABN Newswire) - Mesoblast Limited (ASX:MSB) (PINK:MBLTY) wishes to inform the market that the Board of its strategic partner Cephalon Inc. (NASDAQ:CEPH) has rejected the unsolicited proposal from Valeant Pharmaceuticals International Inc (NYSE:VRX) to acquire its issued share capital or certain assets."

Anyone know what this is about?

lol you must have missed the dramas last week i think it was. here are the cliff notes: Valeant made an offer to overtake cephalon, everyone in mesoblast got spooked and sold off under the impression that valeant would either drop or renegotiate mesoblasts milestone payments etc. sp dropped.
mesoblast issued a statement saying that their payments etc were fine and that they had plenty of funding for all their trials.
recently cephelon rejected the offer valeant made, so now valeant has around 25 days to try and replace the board of cephalon with a more compient board that will accept an offer.


thats what i can piece togeather anyways. im guessing mesoblasts SP will be pretty volatile until that period is over.
 
Re: MSB - Mesoblast

lol you must have missed the dramas last week i think it was. here are the cliff notes: Valeant made an offer to overtake cephalon, everyone in mesoblast got spooked and sold off under the impression that valeant would either drop or renegotiate mesoblasts milestone payments etc. sp dropped.
mesoblast issued a statement saying that their payments etc were fine and that they had plenty of funding for all their trials.
recently cephelon rejected the offer valeant made, so now valeant has around 25 days to try and replace the board of cephalon with a more compient board that will accept an offer.


thats what i can piece togeather anyways. im guessing mesoblasts SP will be pretty volatile until that period is over.

But you forgot about the pensioners in the Us having a cry, and suing everyone in sight!
 
Re: MSB - Mesoblast

Seen a 5% rise on big volume on the 18th with a couple of days of drying up volume..

Is this a chance to make a big move next week when everyone is still on holiday mode?

Only a few cents away from its all time high at 8.31.. No selling..

Is everyone holding out for $50?? :D:D
 
Re: MSB - Mesoblast

Seen a 5% rise on big volume on the 18th with a couple of days of drying up volume..

Is this a chance to make a big move next week when everyone is still on holiday mode?

Only a few cents away from its all time high at 8.31.. No selling..

Is everyone holding out for $50?? :D:D

i've been tempted a few times to sell off a bit and keep a core of free-carry but i cant bring myself to. in for the long term. at least until results are released for their Congestive heart failure or Bone marrow transplantation
 
Re: MSB - Mesoblast

Another solid couple of weeks followed by a decent pullback today.

Any ideas on how you go about setting a price target for this one, do you think it is safer to trade shorter term locking in profits along the way and hopefully not missing out on too many of the decent up days??

I know i'm (fairly) happy to sit on this one as the cost of brokerage is too high to short term trade with what I have to trade.
 
Re: MSB - Mesoblast

Another solid couple of weeks followed by a decent pullback today.

Any ideas on how you go about setting a price target for this one, do you think it is safer to trade shorter term locking in profits along the way and hopefully not missing out on too many of the decent up days??

I know i'm (fairly) happy to sit on this one as the cost of brokerage is too high to short term trade with what I have to trade.

Rob, I tried to short trade it and got kicked trying to get back in, I will be sitting on this one for a while.
 
Re: MSB - Mesoblast

back on another site there,s a bloke spruking bad news anybody heard any thing
 
Re: MSB - Mesoblast

Key USA Patents Increase Commercial Rights and Indications announcement on the 24/5/11.

Was reading through it and their patent was suppose to end on 2012 for exclusive rights.

In the announcement they have extended it

"The new granted US patents extend Mesoblast‟s ownership of MPCs through to 2025, and ensure that during this period only Mesoblast can commercialize MPC products in the United States, the world‟s largest healthcare market."


Don't see any bad news there. SP dropped today for some random reason ???

Top up time :)
 
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