Athersys, Inc. ATHXQ

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

The label

Distribution

read at $0.00

Athersys, Inc. holds its Distribution at $0.00.

PHPhase · the trend structure carries the Distribution label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · does not pass the values gate

edge confirmed
edge broken
edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-05-23
Phase	Distribution · caution
Quantitative state	The statistical read favours the sellers, held for 20 days
Price	$0.00
Valuation	0.00 trailing · 0.00 forward price to earnings
Values screen	FAIL
Beta	N/A

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Forward P/E	0.0x
Trailing P/E	0.0x
Revenue growth	0.0% revenue is shrinking
Profit margin	0.0% currently unprofitable
Return on equity	0.0% not currently earning a positive return on equity
Debt to equity	0.00 minimal debt — a conservative balance sheet
Market cap	$6,171

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.

Plain-English interpretation of our own screen data. Analysis, not advice.

Where & how to trade · wherever in the world you are

ATHXQ trades on PNK. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.

The trader read · the latest dated commentary

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a moderate risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 900%. Our forward projection puts the odds of a 10% gain over the next month near 15%. Entered 2026-07-22 · Distribution

The dated journal · newest first, never edited

2026-07-22 Distribution $0.00 +0.0% Entry 4

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a moderate risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 900%. Our forward projection puts the odds of a 10% gain over the next month near 15%.

2026-07-18 Distribution $0.00 +0.0% Entry 3

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a moderate risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 900%. Our forward projection puts the odds of a 10% gain over the next month near 15%.

2026-07-03 Distribution $0.00 +0.0% Entry 2

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

2026-07-02 Distribution $0.00 Entry 1

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
Period	Price then	Price return	Divs per share	$1,000 became	Total return
1 month	$0.00	+0.0%	·	$1,000	+0.0%
2 months	$0.00	+0.0%	·	$1,000	+0.0%
3 months	$0.00	+900.0%	·	$10,000	+900.0%
6 months	$0.00	+900.0%	·	$10,000	+900.0%
1 year	$0.00	+900.0%	·	$10,000	+900.0%
2 years	$0.00	-97.9%	·	$21	-97.9%
3 years	$1.00	-100.0%	·	$0	-100.0%
5 years	$40.50	-100.0%	·	$0	-100.0%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever ATHXQ does next, these words stay.

Athersys, Inc. · ATHXQ · Distribution · $0.00
Recorded 2026-05-23 · before the outcome · scored mechanically

All of today's entries See the running score

Athersys, Inc. ATHXQ

This entry now belongs to the ledger. Whatever ATHXQ does next, these words stay.

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