The symbol is REPCF or REPCF.OB depending on which site you use. I use scottrade. Its legit, simple, and cheap with with $7 commissions. Scottrade also has offices in most cities if you need help.
Buying replicel stock thread
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Is it difficult buying stock? Do I need somebody or can I just sign up on etrade or whatever and just buy stocks? How often would you get paid if stocks go up? Basically I don't know shit about stocks, all I know is replicel is worth taking the risk and I have 1 grand I can throw in.Comment
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Is it difficult buying stock? Do I need somebody or can I just sign up on etrade or whatever and just buy stocks? How often would you get paid if stocks go up? Basically I don't know shit about stocks, all I know is replicel is worth taking the risk and I have 1 grand I can throw in.
In this situation lets say you used scottrade and bought shares today with your $1000. You will pay a $7 commission to the broker to buy the shares, so you have $993 to buy 413 shares @ 2.40/share and will have $1.80 left over. Lets say Replicel works, and the board agrees to a tender offer (because the directors McElwee, Hall, Hoffmann, and some investor dude own a huge amount of the shares) to Merck at $15/share, and you agree to the tender offer, you will sell your 413 shares to Merck for $6195 (I'm not sure if you have to pay a commission when selling on a tender offer or not). So your capital gain on that sale would be $5202. If you sold within one year, you are liable to pay a 20% capital gains tax, or $1040.40, if you sold after holding your shares for more than a year, you are liable for a 15% capital gains tax, or $780.3.Comment
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@ ccmethinning
Thanks for the reply, and information! If I were to invest in Replicel now, how soon would other companies seek to buy them? Is this after the treatment is released, or as soon as their data is released proving it works can I make the money?
Thanks again.Comment
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If it is effective, I'm not sure at point a buyout comes at. But even if a buyout isn't imminent, and phase 1 results are very positive, you can still sell your shares on the open market.Comment
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Best to err on the side of caution I suppose. I'll probably put in a few hundred and see what comes of it.Comment
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1) They actually "understand" the product being developed and have high hopes and/or a strong belief for its success.
2) Pure speculation. Biotech growth stocks tend to have swings in value, but when very positive news is released they increase substantially in price.
3) They are trading those swings. For instance not too long REPCF was trading around $2 and about 1.5 weeks later it was trading at $2.60 - that 30% rise is pretty substantial.
What are we waiting for? Well, considering the context of the forum - we're in the #1 crowd.Comment
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You've got to check out the Replicel threads mate. Information regarding Replicel has been iterated again and again. There's one more besides this one I believe. End of march is when they will be releasing a statement regarding efficacy of their phase I trial.Comment
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Still, I'd be very interested in finding out why the stock has had such a rollercoaster history over the last decade.Comment
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