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THIS is the GOOD Doctor, IMO
http://i2.cdnds.net/11/35/618x435/618_uktv_dr_who_d_t.jpg
Yes, LR, that's it. Thank you. (eom)
Others already posted corrections to the misinformation (or perhaps disinformation), but I guess it's time to reiterate that silly bear postings indicate panic on their part.
Whoever posted the link that explained why the "short sale" number didn't work (because it counted as short sales the market makers providing liquidity), could you please post that again?
By the way, the link you posted, Alan, does not work.
Hey! We're the 7th most posted board today!
http://investorshub.advfn.com/boards/most_post.aspx
Yes, but sometimes it's more FUN to be overheated LOL
Bogus statistic, as has been repeatedly stated by several of us.
Yeah there are a lot of those sites that won't let you post from a phone, don't ask me why. Maybe they're afraid of junior high school kids posting while they're bored in class LOL
No one cares about the BusinessInsider article? :-o
As long as it doesn't break wind, we're okay.
I think he will grasp at any straw to try to discredit the stock, even though he is no dope and knows perfectly well about insider purchase plans.
If someone wants to buy a bunch of stock, the best thing to do is badmouth it so you can get it cheap, don't you think? We've sure seen that on this message board, on the small scale.
BusinessInsider has article, first drug to slow Alzheimers. I got all excited but guess what, it's about Lilly's almost useless drug solanezumab. The results they released today were widely perceived as disappointing, as it has to be administered in the early stages of Alz to be efficacious, and even then it slows (slightly) the progress, does not improve cognition as AVXL 2-73 does.
I have posted a response. PLEASE: if you decide to post a response, try to keep it very low key, and not sounding like you are pumping the stock. Business Insider has been accused of NOT allowing posts to stand that might offend its major advertisers (i.e. big pharma). If it sounds like you're pumping the stock, they will either delete it, or someone will jump in with a response to try to discredit you.
http://www.businessinsider.com/scientists-find-first-drug-that-appears-to-slow-alzheimers-disease-2015-7?pundits_only=0&comments_page=1#comment-55b01788ecad04d868786169
An insider can file a plan to buy or sell the company's stock at a predetermined date, in the open market. There is NOTHING wrong with doing this, as Feuerstein well knows. Sometimes insiders need to sell some stock for tax reasons or lifestyle reasons (buying a house or something). Because they have to file a plan in advance, and buy on a day in the future, they have NO control over what price they pay. Feuerstein is also wrong about the timeframe, it was much more than a week ahead of this press release/poster session that he started buying.
His buying in gradually over a period of weeks is obviously intended to demonstrate his belief in the stock. CEOs and other officers do this all the time. There have been many academic studies of insider buying, though, and funnily enough, the studies have shown that the insiders don't do all that well with those buys. LOL
That was a good article on AXON, I remember reading it when it was posted.
Bodes well for us.
I'm sure some of us would be happy to help you out on that endeavor.
Oddly enough I find it encouraging when rabid bears crash the board with simple declarative sentences about looming disaster.
It indicates panic on Bear Street.
His boss told him to increase the number.
Great, thanks lorema, very good info. (eom)
Do you have a link for that "stockmaster" app? Is it for PC or PC and Mac? or for phones?
Patience will be rewarded. (eom)
I would not even venture a guess as to a timeline because there are so many variables.
The wild card that isn't being factored in yet is the EPILEPSY study -- that could go so much more quickly than the Alz study. I respect Missling and I think he's got more tricks up his sleeve. For me this is not a trading stock, I'm just holding it.
And glad I bought more this a.m. at .53 and .55
But -- everyone keeps saying there's no manipulation in the market. All those successive 100 share trades must be small investors trying to get their $319 out of the market. [/sarcasm]
Wait till people see this show up on the "unusual activity" and "unusually high volume" and "Percentage increases" screens -- tomorrow could be wild. Not to mention the Seeking Alpha article. Disgusting as it is, a lot of retail investors actually DO make stock trading decisions based on articles they read there. In fairness, among the sea of pumping and bashing articles, they are some very good, well-thought-out and informative articles there, if you look hard enough.
Bud Powell unlike others here I have NOT sold AVXL. I have been in from much higher, for a long time, but have some from .19 all the way up. Please do not misrepresent my position as a confirmed, long-time bull in this stock.
As stupid as it sounds, Seeking Alpha articles DO move these penny stocks. When the SA article comes out in a day or two, a lot of small investors looking for the Next Big Thing will jump on board.
Earlier today I said that the BIG move often comes on the 2nd (or even 3rd) day with these tiny off-the-radar biotechs. I bet that those who are gnashing their teeth about buying this morning at .60 will be VERY happy pretty soon.
I've been pounding the table on shorting AXON (via puts, preferably) -- and I truly believe it is going to zero. Today's AAIC news from Biogen and Lilly shows that they are all pursuing a failed pathway. There are VERY few companies trying other approaches -- AVXL being one of them, and as far as I know, the first to show any real success.
Bears are funny, especially when they try to put on a bull suit but their claws keep ripping through it.
http://37.media.tumblr.com/tumblr_m9joqkt2MA1qlme4ko1_500.gif
I also have a lowball bid in -- accidentally, since I didn't get much filled when I put the order in. It will be interesting to see if "they" take this down this afternoon and I get the rest. Terrible to feel like you WANT your stock to tank so you can buy more LOL
@Citrari totally agree. I think we've been in some of the same stocks that suffered from the Feuerstein hatchet jobs.
There is NO good treatment for Alzheimers yet. Anything that helps at all is huge, and this is a novel mechanism. The news of failure of these other drugs at AAIC this morning shows that a new pathway is needed, not just a bunch of similar ones that target dissolving the plaques. AVXL may be the pioneer in actually helping the patients.
A tiny part of that volume is me buying more LOL. In the green on the new shares already
Big deal, they are preliminary results so it's going to be a smaller group. If 40% showed an improvement it would be more suspect, but 80%? Not a coincidence.
Remember that dose is NOT optimized. They may have even better results when it is.
Feuerstein is a Wall Street shill. He also loves playing the role of naysayer. My GUESS and it's only a guess, is that someone wants to buy but didn't want to pay .60 so he tweets out his stupid hatchet job.
Right now this action is coming mostly from those who already follow AVXL, and maybe a few who saw the press release or the wretched Feurstein twit. I have OFTEN seen with these small stocks that the NEXT day, when the "unusual activity" reports are read, is the day that the big move up occurs.
Please remember that you are reading things posted by a bunch of strangers on the internet. Some people claim to have certain positions or interpretations of events in order to manipulate the gullible or new investors who don't understand that it is easy for traders' groups or professionals to manipulate share price in these teeny pink sheet stocks.
In other words, don't believe everything you read -- ESPECIALLY when someone pumps or is bearish on a stock, and then vanishes, only to reappear (after perhaps selling into the surge up that they helped create).
Yep, he's been adamant about no R/S and there is NO reason to do it now, when we're on the verge of news on many fronts.
I had the wrong R/S date. Thanks for the correction.
Ah gee, yet another story for my collection of "why you shouldn't use a hard stop" horrorshow.
And just look at how well that has turned out.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=oncs&insttype=&freq=&show=
Maybe because 2 is less than 3?
RED ALERT: a word about stop losses.
When you put in a stop loss ("sell if the price reaches .49") it shows up on the market makers' order books. They see those shares sitting there, and if there is great news or some other reason that someone wants them at a lowball price, they will "walk" the price down there, grab your stock, and then it will reverse upward. Think I'm paranoid and imagining this? Nope, I and several colleagues have seen this happen in real time, and there are numerous articles that confirm this.
What is much better to do is to put a running stop on it -- tell them "Sell my stock if it goes down (for instance) 6 cents." (or you can tell them, if it goes down X percent). THAT kind of order does NOT show up on the order books, so they don't know it's there. The risk with this kind of stop is that the stock could run up 20 or 30 cents, and then go down the 6 cents -- boom, you're stopped out -- and then it goes up. But to me that's preferable to being a sitting duck.
I think you need to have VERY loose stops for a volatile penny stock like this.