ACTC Moving Up

Advanced Cell Technology (ACTC.OB): Friday's ten percent price spike has shares of Advanced Cell Technology on the watch list moving into the new trading week. It's also worth noting that the company's CEO, Gary Rabin, will be presenting at the World Stem Cells and Regenerative Medicine Conference in London this week.
Mr. Rabin will offer updates on three ongoing clinical studies testing ACT's stem cell therapy in the treatment of severe blindness in a presentation titled, “Successes and ongoing advancements of human clinical trials for the treatment of AMD & Stargardt’s Disease.”
Shares of ACTC have dropped since the announcement of intent to conduct a reverse stock split, a move that comes as the logical next step in the company's development, and if the RS is accompanied by a move to a larger trading board, then it could provide an instant credibility boost to those who won't touch OTCBB stocks.
The CEO presentation may also draw additional attention to the stock, which posted impressive gains on Friday, considering the overall down market

ACTC looks good for now.

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