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Been awhile guys. See some of the LT guys still around. Also welcome to penny flipping fun lol. Regardless I really saw this for dead as you guys know but the PSA-Keytruda data was impressive and “IF” that would garner financial commitment from Merk it could really break out again. I’m hoping data like that would be able to generate Merk’s interest and bring confidence back to the science after Amgen left. It’s way more positive than it has been for awhile. GLTA
Never ceases to amaze me. I’m really sorry all of us at some pt fell for this scam company. I am also sorry for those who rode this to the end. However, the lesson to be learned is do not “marry your hand.” Many disregarded key indicators that clearly told the true story.
1) ADXS hires a lawyer who took ROSG on a death spiral
2) Pull AXAL from EMA review. Then KB says not commercially worth going forth alone and will shelve if don’t find a partner. (Way to sell it) idiot
3) Petit stop his regular buys
4) AMGEN leaves 60m behind wasted than move forward NEO. You know same thing they still trying to pump as worth more shareholder money.
5) Tutes like Sabby came in.
If you didn’t have a dollar invested and was outside of this, you know you never would have touched it.
Criminals that is all they are. Idk why so many here gave them the benefit of the doubt in their conjecture time and time again. They are just simply crooks on the back of 50 patient trial done over 10 years ago. Paid a lot of a salaries.
Well definitely not going in for a second swing. You know the more I think about this all the more it infuriates me what these companies can get away with. Common shareholder will never be protected. What disgusts me about the big shelf and lowball dilution....the idea that they needed a big shelf because they would get less with ea dilufion. Which means they have nothing substantial until HOT gets going. Yes people will say I’m wrong like they have for a year. However, if no news comes before another dilution you better then see what this is. Bunch crooks milking this as long as they can. Total failures to the science.
All CEOs poorly timed their dilutions that did nothing but require more and more future dilution that could have been avoided. The moment KB mention possibly shelving AXAL and turns around and tries to partner or sell it.......come on! I don’t even see Blue posting anymore. Despite some unwarranted venom thrown at me I still hope he is doing ok. However, his disappearance should also show how dire this situation really is. I made money on the push. I couldn’t get a short position. I also just can’t understand 4$. If that is all they could get then nobody believes in the company and guys like Shabby come in to rob you. Tread lightly, this is going crooked faster than ever
Lots of good books out there on the psyche of bagholding. Worth a read as can help you self identify when entering that state. Where all your trading fundamentals go out the window as the desperation rises. Unfortunately, what is lost, is some never are able to make it back from the loss and use it as a lesson learner. Best investment advice ever given me. No matter how good or bad something looks, no matter how pristine the indicators, always establish a max $ position you will take in any one stock and never go past it.
Well glad didn’t pull the trigger with a second attempt at a swing. Amazing to me company would take this approach for little capital. Leaving the dilution cloud hanging over. I guess that big news item could come but then why do this dilution now? The hits never end here.
Guess now ppl will start to believe that Petit ending his stock purchases and nobody on BOD or KB bought shares says it all. Now I wouldn’t invest a dime until they do start buying again. Sorry to those who remained hopeful throughout but in the end you chose to ignore the signals that were there to take the gamble. It is also why as an investor one must always be able to hear and see the other side of their bet.
Anyways, been a long terrible ride. I was fortunate to enter ADXS late and make back my money via swings since it was 1.55. After this recent warrant garbage and now this weak dilution, I have zero belief this board has any ability of turning this around. When CEO has to use weak language to give investors false hope.....there is no hope.
They would still need dilution but would be able to do it a much higher pps. Any deal right now would shoot this stock up big, regardless of monetary amount. Everyone should accept by now dilution coming. The question is if ADXS has anything news wise before hand. If they didn’t pull the trigger off back of PSA data
, you would think they expect it to go higher. Still this company doesn’t surprise me anymore
What’s the delay on the dilution? They really going to let this just drop back down to nothing before doing? No possible way right? So there has to be another pump in there somewhere right to lock in their higher dilution price you would think. But it’s also ADXS mgmnt....tough decision if I should go big for another swing or stay sidelined
I got out at 10$. Actually looking for a second spin entry. Trying to see if enough time before dilution for more news. Starts getting dicey now. Will look for a drop in the morning for a second spin. Will just keep a tight stop to limit dilution damage if comes first.
I’m trying to decide if I should jump in for a second spin or if dilution announcement comes tomorrow or this week.
I think the bigger question is the results good enough to start actually receiving money from Merck
I always post SS of my moves on StockTwits. Unlike here you can actually post them. It’s not hard to know what I’m doing as I’ve said it always before any move.
Abu, nice move. I knew you were jumping in first day like me is why I asked. I’m not sure if that 10 spot was it. Monitoring for a second run if dips into low 7s by mid day. Window tightening I believe on dilution though.
Yup just checked. No available shares to short anywhere. Well at least got to enjoy another big run up.
I’m looking for early weakness and early attack on SP. maybe into low 3s high 2 for entry. I doubt we see news day of R/S.
I’ve seen your arguments on warrants. I’m not even going there. I do hope everyone here gets that investment saving pump like BPTH LT holder’s got.
I’ll give you being able to extend the patent was big in actually keeping any value there. Now the question is there really any buyers out there? With tiny float and sale of Axal this could have a melt up. I know that could save a lot of current LT holders. I believe they are essentially trading old shareholders into new ones and a zero cost to the company. So I’ve made back all my losses when sold out at 1.55 on swings and now I’m seeing some opportunity if can time right. First step though is hoping for some early open weakness. Second step is hoping ADXS at least has some impressive data or a mini partnership to announce for a low float melt up. Of course after selling it be advised to short if able for the dilution to follow. Anyways big time watch tomorrow and looking for entry.
If that was the case then they wouldn’t need to exchange the warrants either or do this R/S. Merely a leak of such a deal would melted this up. So I see an opportunity if see some weakeness tomorrow to jump in for a post R/S pump. Just not sure because ADXS has usually greatly overestimated the impacts of their news. I throw some in hoping for a low float melt up. I’ll short whenever I feel the dilution is near. I get what you are saying is possible. I just can’t put enough behind it to believe that is the path right now.
I see a lot of talk of entry after the R/S. Float will be tiny and any positive news could trigger a good rise. Probably worth throwing some $ at. Just have to be aware they also sitting on 75m shares they can issue at any juncture. I hope there is some good news that may cause a low float melt up and opportunity for some to recover a bunch before the obvious dilution that will send it back down. Just trying to gauge if they have any news that can trigger this truly.
Anyone expect any news (real news) after the R/S for a pump before dilution? Or this something like HMNY where dilution follows right after? Now about timing the short right.
Ok we know they didn’t believe 1.50 was coming or they would not have handled the warrants that way. We all agree something is up. Which side we believe is inconsequential and be answered soon enough. I did say when they announced the 15 day window of no dilution we would see a trader’s pump and I took advantage. I sold not because hit .49 but because hit Friday. What I would be looking for is if this starts to bleed as it moves closer to the end of the 15 day window. I believe R/S is too much in company best interest to not do. Even a small one. If have news be better to wait to do after this as well to minimize dilution when you need more cash (we can argue if deal will resolve or not, again doesn’t matter). I’m still trying to gauge what kind of pump news they could have or is it more overassumptions by poor management like in the past. GLTA. This be my final post now that I don’t see anymore swing opportunities. I will be shorting a R/S at some pt. Hopefully after some good news pump and before dilution announced. That being said in no way saying that is surely way it’s going to go. Just what I am doing if it does and something LT holder’s should consider if get screwed by ADXS yet again.
You all been trying to apply this same price movement reasoning for the last 2 years. ADXS is in full penny flipping state. Hate to burst a bubble but my swing from .39 to .49 was 50k and that was just about 20k only. I said the 15 day no dilution window would bring the traders who will pump. It’s fine to believe one way or the other. Just wanting to point out I wouldn’t put too much stock in the volume atm. I’d just be praying they actually have a deal lined up and won’t screw the shareholders to make it easier for them. I have a feeling as gets closer to end of 15 day window the R/S will be announced. They will hope new data or maybe partnership can pump it up prior to dilution. If being responsible to shareholders.
Nice swing from .39 to .49. Out on the sidelines again. Still believe warrants were just a shady way to be able to dilute again. Not going to bicker about who is right or wrong. We will see soon enough. GLTA
Just don’t see how it reads any other way sadly. Regardless of my stance, even this was shocking to me. Sadly I just don’t see how it reads any other way. It was merely justified as necessary for a future near term action. What that action ends up being is debatable. Grim. Good luck Blue, honestly, I know you have a monster position here. I’m going to ride the shares I grabbed at .39 to .50 then wait to see what comes after the 15 days (13 now).
The way it all read to me was they gave away the 12m shares for free and got .30 on the remaining ~2m warrants. It’s so beyond shady and this is exactly the reason you hire a lawyer as CEO. I guess their out was using “Financing” if this was indeed used to secure next round of dilution. I just can’t avoid it also telling me theydont believe this would hit 1.50 on its own. ADXS never ceases to surprise me with these types of ludicrous actions
Blue you know that maneuver with warrants was total garbage to current shareholders. You can latch on to some hope they needed to do in order to line up a partnership or BO, but given the history of this company, pretty likely it’s to remove final barriers to next round of dilution. It also means they and warrant holders don’t feel the stock would hit a lousy 1.50. I hope I’m wrong but that was a shady piece of work by KB
Bat you completely exited not long after I did. Happy you made the right call. Definitely looks a lot better than if we were in still with our big positions. Thankfully I first entered much later and had less to recover. Still swing trading this from time to time. Getting ready to short any R/S depending on when they time it. Trying find that sweet spot between the pump after R/S and before the big dilution.
Even with a big split we have a ton of outstanding shares in comparison but I understand your point. I’m just not one in the circle that believes NEO will be anything positive. Amgen just wouldn’t walk away from something that has good monetary potential after investing so much of its money already. I just don’t take the rationale ppl been giving behind that as well.
Ton of traders are in now and given a 15 day window of no dilution. Same reason I bought in today. I just plan to sell off any uptick or by end of next week. I believe that is your support atm.
BPTH has tiny amount of share available and for a massive short squeeze because promising data from stage 2 for pancreatic cancer treatment which has huge potential market. There is no data that they can present this month that would have that type of effect. Especially after they used the entire shelf last time. I agree there will be a pump after the R/S, I just think be minimal. And limited by shorts who will pile on for the dilution. ADXS won’t care because they be able to secure next 2-3 years of cash easily. Then hype HOT. 15 days to execute this all sounds just about right
Well I hope for your guys sake that is case but you have a wordsmith lawyer as CEO who been doing these kind of phrases for last 8 months with nothing to show. The one thing this company knows how to do is the “financing” part. I got in today at .39. I’m going to swing it for next week. I think traders and FOMO created by the wordsmith will give this another leg run up. I have a tight .35 stop behind it. I will sell out by end next week. As believe they can do the R/S before the 15 days just not the dilution that goes with it.
Cdiddy your reasoning is far more plausible. If they had any way to get share price to 1.50 they would get actual cash they need. Far more plausible it’s due to the dilution restrictions tied to the warrants than some impending deal KB and this board been saying is coming ever since they withdrew AXAL from review.
I also find the reiteration of the 15 days as a big neon sign to the traders and do feel this gets pumped some over next 15 days just on basis they know they safe from further dilution during that period. That will be the pump that locks in the higher R/S. The current warrant holders will become the new warrant holders of next round of dilution after R/S and news pump.
There is a lot of questionable stuff and unlike companies like LPTX, where insiders spend a million on their smashed stocks, these guys uses passive language and stop buying shares. KB so confident but not buying at these levels which that news itself could send stock up closer to 1$. He is a professional undertaker and he is going to try to collect as much as he can because he will never run another company again after running a second one through a death spiral.
R/S then News then dilution. 15 days from today. May appreciate this week based on all the traders now involved and given a safety window of 15 days. Which I bet what company is hoping to lock in a higher R/S price. If you think stock hits 1.50 you let it hit that and at least get funding for those warrants. Here they just have them the shares free unless some kind of agreement with the warrant holders to back the next round of dilution.
Might be a swing to .60-.70 next week but let’s not kid ourselves. I mean everyone can’t seriously have to have the actual R/S and dilution occur to finally believe that it will right? Take advantage of the run up and liquidate. 30 days later you can enter after their R/S, pump, and short hammering back down just in time for your re-entry if believe in the science.
GLTA. I’ll play the swing for a week with a stop behind and hope miracle deal announced.
I’ve been getting heat ever since 1.60 when I sold out. Was hoping for everyone but now it is obvious. R/S and dilution is just around the corner as I expected. Think this was a pay off to warrant holders. ADXS mgmt and BOD never fails to rob the shareholder to pay for their mistakes
NBI has been trending up. Having more cash run is a good plus. Still doesn’t solve no deals still. Pump before R/S? I hope not but honestly wouldn’t surprise me one bit
Can’t say that either IG. It depends a lot on ea individual investors amount of shares and personal finances. If had 100k shares like I did at one point....hard to say 40k isn’t worth selling now if knew it would become worth 4K. You are right though for some the outside chance of something unforeseen happening may certainly be worth whatever is left in their portfolio. If I was in that boat though I would be deciding a plan for if the stock does get hit with R/S....especially when know dilution will follow.
I just hope they got one more mini pump for those who are trying to get out. Be nice if stock could at least pump to .70/.80 first. I know a few who are certainly hoping for that opportunity. The problem is they can secure more runway of cash via a R/S and dilution then they can in a partnership. Even their behemoth deal with Amgen only awarded them 65m in near term cash. Nobody is giving this struggling company a 100m+ Upfront with everything that has occurred here. I can appreciate all of your guys optimism through the years but this company has never done anything to deserve your loyalty and I don’t feel they care one iota about the legacy holders because without this move they are out of business this year.
Is ADXS undervalued from a mkt cap standpoint? Obviously anything trading below cash is undervalued from a mkt cap view. However, share price is also indicative of future value. An R/S and dilution being the likely path would actually mean .40 is overvaluing the company. The R/S is going to be driven by a final major cash grab and not for the need of staying listed. The lights need to stay on for another 2-3 years and that is going to come at legacy holders expense.
I wasn’t here back in the day. My question was why was AXAL test group only 50? They had to know that would be a basis of rejection for approval.
Death by a million paper cuts. So what’s the big position bulls going to do if/when a 20:1 or 25:1 split announced. Do any of you plan to join the short side after its initiated? Honest question as now I’m sure all of you have to consider other scenarios.
Blue once described karma and finding its way towards the bears here. Tbh if anyone should face the wrath of karma it’s this crooked BOD who has made over a decade in salaries and not got one thing to approval. I don’t even know how that is possible. Regardless these bastards don’t give a lick about legacy shareholders. All they care about is having enough cash to keep paying themselves for no real results.
Fbg that’s where I differ in thought with you. We can’t make the conclusion the science has failed or worthless. We don’t know enough to actually be able to make that claim. I understand how you get to that logical conclusion. They pull AXAL then say may scrap, then say try to partner=AXAL no partner. NEO-AMGEN doesn’t see enough financial benefit to continue after spending 65m already. That we can certainly claim as they would not walk away from a potential cash cow. We all can make that basic assumption. So to me that means NEO-no deal. HOT platform it’s too early and is the silver lining that BOD will use to attract new investors. So where does the money come from? Still FBG need to also not be so sure because truthfully we have no idea what the value of current NEO results are. They also may just scrap that too. What I do know is I don’t trust someone to make a favorable deal who doesn’t even understand how difficult it would make to partner AXAL after not only pulling it but saying you may scrap yourself because not enough cash value as NEO and HOT can be? I mean just WOW. If you want and to trust him that’s fine and like said always every investor has different circumstance and bankrolls that greatly change investment decisions. I’ve been rooting for you all. But now maybe you all should consider your plan if and when this R/S goes down. Could be stubborn down to zero or start making moves that gets you some equity back. BLTY
It’s a good question. Many investors have never been through a reverse split and it can be cloudy what that means in terms of getting even. Ignore the bitterness man. I hope my answer at least helped with understanding the basic numbers you will need to factor in your decisions. Best of luck