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Not enough investors left for hedge funds to short the shares they get from the company. BK is next, JMO
The only thing this company is good for is perpetually selling out its retail investors to hedge funds for pennies on retails dollars. Hard to grow a companies value when you are constantly degrading its value in this manner.
I’ve learned my lesson Blue, never invest in anything that has an attorney in the top spot. That’s your first clue that shareholder return is not a concept that they apply to anything they do.
Yeah, sure don’t hear anyone talking about reinstating that or forbidding short selling at this time, huh. Those two measures would prolly help more than dropping rates to zero.
Looks like the management at Advaxis has finally made Aduro the authority in the listeria drug realm. Way to be inept you criminals.
The fact that our market just recovered a thousand points in the midst of a global pandemic is everything that a person needs to see to realize how manipulated our markets are. There is no such thing as free trade any longer or risk to the wealthy.
Management and BOD of this company should be in prison, right along with the hedgies they service!
So for anyone wondering why Aduro is prices at nearly triple our current share price, it’s not because they have anything worth investing in...........it’s because they are not a trading vehicle for hedge funds. It’s this mentality that drains Advaxis and keeps POSs like Ken at the helm.
The panic with which Ken filed the paperwork to regain compliance with the Nasdaq and do the offering is probably all the evidence we need as shareholders to prove he knew that the share price of the stock was going to be taken down quickly by his hedge fund friends.
Dang Bourbon you called the business dealings at Advaxis to perfection!
Looks like they are taking it down for a lower offering.......come on Ken you POS!
Not really
I sold all my share last week and got back in this am at 1.09. I really didn’t expect financing above a dollar a share.
As quick as they filed to regain compliance yesterday, it feels like they are going to do something that will take the stock back below a buck again. They are running on fumes for cash on hand and want to start the NEO Prostate trial. What do you think is about to happen? Looks like they are pulling I. Suckers prior to Monday.
The biggest difference between NTGN and ADXS is that ADXS has always been a trading vehicle for the hedge funds, that will probably not be changing anytime soon. Management benefits by not doing anything other than what they are told to do by the hedgies!
They’ve been right here a hell of a lot more than you or anyone else here including myself.
This is where we sit for seven more days, then an offering and back to the basement.......typical Advaxis move!
You can count on management to give themselves a gift like clockwork.
The financing was negotiated before the run up to 90 cents. Once these guys know where they are getting shares at price wise, the pump it, then short at the high only to cover where financing gets done ( a lot lower then where we currently sit)! Nothing new at Advaxis, still feeding anybody dumb enough not to trade it into the wood chipper!
Yeah they are still going through cash like crazy with no trials running!
Presentation is now on SA.
Management is timing comments in unison with hedge fund shorting. Nothing hard to figure out about that.
Yeah, that’s what is going on, wink wink!
Roughly 40 mill shares.
To be clear, even when they’ve had success the hedgies jumped on them with HFT and muted any rise in share price. Adage Capital did take the price up only so they could short it at thirty and drive it into the ground.
SOMETHING NEEDS DONE ABOUT THESE WORTHLESS HEDGE FUNDS who Don’t invest in anything, raping companies of their market cap and actual investors.
The shorts own Advaxis and their management, it’s a trading vehicle for all of them and their shorting antics. They are in the general market now, Congress had better legislate these guys into oblivion before they reck our economy. The same thing happened in nazi Germany which resulted in holocaust.
Hedge funds HFT trading back and forth to themselves taking the share price down for the next offering. They’ve already shorted the stock and are racketeering the SP to make their trade good. Question is, who take a short bet?
The money is in shorting and using HFT to push the price down and pinch actual investors for millions at pennies the dollar. It’s stealing and it’s legal.
They’d already shorted the stick waaaay prior to the offering and used HFT to facilitate the drop before buying the offering. They merely bought to cover.
Their allegiance is to the hedge funds that give them funding for pennies on the dollar that they steal from long term shareholders.
This company is nothing more than a shorting vehicle for hedge funds with management and the BOD being more then happy to accommodate them. They feed actual investors into the hedge wood chipper without a second thought. That is why they are valued where they are.
I WOULD LIKE TO APOLOGIZE TO YVONNE PATTERSON ON BEHALF OF THE STINKING MANAGEMENT OF THIS COMPANY!
Time to move on Ken, you’ve proven that you’re incompetent to run anything and are every investors nightmare. I would invest another dime with you at the helm or the current BOD in place. This has scam written all over it.
Except Ken and the BOD would be out of a job.
The tech is being rented from U-Penn, They don’t even actually own it.
The motivation has been to destroy the company through shorting and HFT. I wouldn’t bet they they pull an Adage Capital, run this up and then short at the top. It could happen, I just wouldn’t bet anymore money on it.
Your assuming they will feel compelled to try and make money on something that cost them nothing and may very well be worth nothing. They may wait and see what transpires over the next few months or just walk away and forget about it.
Most inept, shareholder unfriendly management team ever. They continuously feed their shareholders to hedge funds with reckless abandon and no second thoughts.
THAT’S WHY THE SHARE PRICE WILL NEVER RECOVER!
Advaxis is spending large sums of money without getting anything done. The market sees that and is saying your going to have to get off your lawyer butt and do something.
Well the way it’s being managed would indicate it won’t be long before Ken buries this bitch!
Little bit of a conflict of interest there.........