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I am starting to think NSS MMs are priming the pump. Could it be that there are excess Naked Short Shares being dumped here so they can rush to cover to exaggerate the spike to profit from the spike either by bull trapping new money or that some short sellers hedged their shorts with long call options and feel that we are approaching an event that will significantly spike the price but not enough to bring the out of the money call options into the money without an extra boost? It seems logical that covering 9 million short on the low volume that the stock has been trading at would be very difficult without a squeeze. Therefore, there could be long call options put in place for a damage control hedge of the short positions. Could the share price be manipulated in a manner that causes an exaggerated spike up that the manipulators will then profit from?
It seems a stretch but then truth is often stranger than fiction.
It is all just a curiosity as I was planning on accumulating in the $5s so I will just be buying that much more the lower it goes.
So when one asks who does the low share price benefit? One answer would be long investors that are actively accumulating.
Good Luck and God Bless you all we are in for an interesting week.
GO Anavex Life Sciences!
No did not mean to imply Manipulators could be stopped just stung with a good hit. My true message is if one believes in Anavex Life Sciences the company it MIGHT be a good time to INVEST in AVXL the stock. In fact looking at the monthly chart it might be the best time in the last 10 months. Not to say it might not get cheaper but it could get more expensive quickly. Since my goal is to accumulate over a very long period I have substantially increased my buys recently. Even after this pullback AVXL is on a steep upward trajectory.
http://www.barchart.com/chart.php?sym=AVXL&style=technical&template=&p=MO&d=M&sd=&ed=&size=M&log=0&t=HLWCDL&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=EXPMA%289%2C%29%3BBBANDS%2820%2C2%2C10066431%2C3227936511%29%3BCHKMF%2820%2C2135825%29%3BMOMENT%2820%2C13395558%29%3BRSI%2814%2C0%2C100%2C10079487%2C10040064%29%3BSTOSL%2814%2C3%2C16711680%2C153%29&chartindicator_8_code=EXPMA&chartindicator_8_param_0=9&chartindicator_8_param_1=&chartindicator_9_code=BBANDS&chartindicator_9_param_0=20&chartindicator_9_param_1=2&chartindicator_9_param_2=10066431&chartindicator_9_param_3=3227936511&chartindicator_12_code=CHKMF&chartindicator_12_param_0=20&chartindicator_12_param_1=2135825&chartindicator_13_code=MOMENT&chartindicator_13_param_0=20&chartindicator_13_param_1=13395558&chartindicator_14_code=RSI&chartindicator_14_param_0=14&chartindicator_14_param_1=0&chartindicator_14_param_2=100&chartindicator_14_param_3=10079487&chartindicator_14_param_4=10040064&chartindicator_15_code=STOSL&chartindicator_15_param_0=14&chartindicator_15_param_1=3&chartindicator_15_param_2=16711680&chartindicator_15_param_3=153&addindicator=&submitted=1&fpage=&txtDate=#jump
Deductive reasoning would suggest that if the Share Price is being controlled that it is being pushed down so that those controlling the Share Price can buy. Conversely when it is being walked up the purpose would be to unload shares. Now if anyone was watching the both Level2 and Time and Sales this past week they might have the distinct belief that the Share price has been grossly and blatantly manipulated. Does one try to unload 1/10 of a whole day trading volume of one day in a single ask? 25000-35000 shares on the ask repeatedly that were surely spoof asks as they disappeared prior to being hit. Shaking the tree! If one really wanted to sell that many shares in one day the only sane way to do it would be in a number of asks of a few thousands interspersed though-out the day.
There is a way to catch them at that game if one has enough room on one's boat.
One could put a call into one's broker for a block trade of say 10,000 directed at the specific exchange showing the spoof ask. One individual could do this and have some effect. Several individuals doing this might even cause the manipulators to retreat or cause the computer algos to switch. Someone has been buying AVXL as this manipulation was happening. It does not feel good to keep continually buying at every step down, it might feel better to hit the rascal spoof asks with big block trades. It might prove to be fortuitous if one's conviction that the stock was already undervalued is eventually born-out by the continued successful developments of Avanex Life Sciences.
All the other deep dives have passed, this one should as well.
Bring up the Boats!
Go Anavex Life Sciences and God Bless all you brilliant people.
In five years each deep dive maybe bearly discernible on a chart.
A beautiful scenario! Maybe 24 million shares traded as the stock churns to find its equilibrium, those conditioned to sell the pops then realize that maybe it is a blue sky gap and buy back to continue the ride.
Demand may be such that Management decides the best course of action is a secondary offering of stock this fall. That will likely be even better than a partnership for long term shareholder value.
It would seem that "AVXL the Stock" is approaching a number of binary events of which the timing, magnitude and outcome are uncertain. There is a high probability of volatility.
Anavex Life Sciences is different, it does not at all behave like "AVXL the Stock" it makes steady and accelerating progress on an even keel, moving steadily forward with development.
There is a distorted illusion regarding the share price action in AVXL. One might see evidence of that when the price spikes on high volume but is dropped down a steep cliff on very low volume.
What does one do if one already loaded the boat this past week? Maybe one will send another boat?
While the current share price action is somewhat disturbing and perplexing, it should not cause one that "knows what they own" to pause accumulation or to sell the first pop in a fit of uncertainty and doubt. "AVXL the stock" bears little resemblance to Anavex Life Sciences the Company, there is a fundamental disconnect which will be resolved in time. "AVXL the Stock" will cease being a marionette when the substance and power of Anavex Life Sciences is readily discernible to all.
Happy Boat Loading everybody! My next boat will not arrive before Camerino-Cyprus but if "AVXL the marionette" has fallen I will load up feverishly at the expense of "instant gratification addicts and speculators." Buying a "stock" is trading investing in a company takes patience and in this case a fair amount of courage.
God Bless and good luck to all.
Go Anavex Life Sciences!
Pre-split resistance $1.16 support $1.075,come-on Man!
A bit of perspective please. The stock shows no real resistance to positive news due to low float and relative in-liquidity, conversely it shows no support in the face of HF Trading, spoof ask manipulation and FUD articles. It acts spastic and is easily manipulated, even more so now that it trades on the NASDAQ and Short-Traders can buy long call options to limit the risk of short positions.
123Tom does a good job of charting the stair steps both up and down but as he says these are just targets to hit and may show validity as self-fulfilling tokens of gaming the market. In between the real supply/demand events, if the puppeteers want our fair marionette to dance she will if they want her to collapse on the stage she will.
But the marionette is not the Company. The AVXL the stock is a spastic marionette controlled and manipulated. Avanex Life Sciences is a real Company of dedicated professionals intent on breathing life into inventions and innovations designed to bring health and well-being to millions of suffering people. If they are successful AVXL as marionette will cease and Anavex Life Sciences will be a household name-brand hero performing on the world stage.
One can play with puppets and do OK. But if one is lucky and one chooses carefully and with a little luck and a lot of magic...
These are things that can not be timed or predicted, but with honor, vision, persistence and faith the human condition will be advanced. But not from the machinations of puppet masters but from men and women of good will that devote their lives to a focused and concentrated effort to succeed in the betterment of fellow human beings.
The readers still with me listen to a true story. There is a wonderful brave young in a Thailand orphanage that was born with no hands. There is a retired Irish publisher of surgical manuals and an Australian Doctor that support this orphanage. They got together and found a craftsman that lives in the Black Forest in Germany that makes hand-made prosthetic hands, which are quite functional and work with out high tech hard to maintain technology, but it takes him the better part of a year to make them. Of course he must be paid or he can not stay in business the make them for the next child. You see it was a collaborative effort of these three men and the caring for the little brave boy, created the miracle of the new hands. If one had seen the spirit, bravery and joyous coping of the young boy when he had no hands, as I had, one would wonder now that he has been so blessed by three strangers from across the world what he will accomplish with his new hand-crafted hands.
Mastro Geppetto Lives!
If one believes in Avavex Life Sciences one may want to get on board. If one does not they should get out of the way!
Buy too early and pay a higher price or try to wait for lower price and risk missing the boat altogether. No way to time these upcoming binary events.
GO ANAVEX!
I am with you on that one. I had planned on doubling my position as we approached a possible data release date at Camerino cost averaging-in to lessen the effects of volatility. I was prepared to pay mid to high 5s but ended up with a 2.5x load after Today and Monday 5-9. What a gift just looked stupid cheap when seeing huge spoof ask bids of 25k and 35k ask bids moving lower and lower. But when they were close to being hit or hit for just a few K they would disappear. I was actually POd at the shear gall of it all when later I felt actually quite lucky to have keep repeatedly pulling the buy trigger. I must admit it feels better to buy in a rising market and feels bad to sell the pops. But I am investing and accumulating not trading.
SPRINGING THE BEAR TRAP, ASK SLAPPING MONDAY!
I am not a TA expert but we closed above support at $4.80 there is another stronger support at $4.50 Sorry I am not waiting for that. I would not presume to suggest to anyone how to trade. I will inform that I will ask slap Monday with all I got. Clearing the Deck! Counter-offensive this is us! No Tutes to the rescue. We stand and fight here. If it fails then I will hit it again with a new carrier group.
One does not need to be a weatherman to know which way the wind blows. The professional shorts know the big wind is coming, they have bought up the $7.50 and $10.00 call options and will participate in the blow up.
And yes KLD2 the best traders in the world trade weather futures on behalf of Re-Insurance Companies. See you in Bermuda!
My money is with Georgie!! He has been many times early but not wrong.
This is why we fight! Sound track please:
Go AVXL! (and George I will see you in Bermuda!)
FIX BAYONETS!!!
http://www.barchart.com/my/chartbuilder/chart.php?id=566158&type=chartgroup&groupid=
I would not presume to suggest to anyone how to trade but the above chart would seem to suggest that a quick stab here might hold some at least tactical value.
GO AVXL and God Bless All You Brilliant People!
And never stop burning the Midnight Oil!
If there is a MAJOR attack on AVXL it will take me 7-10 business days to respond with big money from my MSSB accts I have reserves to respond to the current threats and have been responding I only deployed 1/3 so far. I stepped to the plate 3 times today when usually once every 3 days. I love you people and I support this company. It is so stupid that I can buy shares at $4.77 ( but started the day $5.11 then quick big slap at $4.87 I pulled my stink bid @ $4.93 and hit my stink bid at $4.77.)GOD BLESS I am feeling for those without dry powder but I will support them every step of the Fooking WAY!
SOMETHING WE NEED TO KEEP IN MIND:
THESE ARE OUR PEOPLE! THIS IS OUR PLANET!
GO AVXL AND GO YOU BRILLIANT PEOPLE!
Who will stand and fight? I accumulated at $5.11 at then open $4.86 in the fall then my stink bid for big add @ $4.77 We know what we own. This is a gift or else one does not have the conviction of one's due DD. What a gift what a steal. This is our time these are people! My sweet God this was a f..ing blatant short attack. One should not presume to tell anyone how to trade, as XENA pointed out to me as counter to my suggestion we add a little everyday. Good advice and so be it. It is time for all good men and women to come to defend! We must come together and HOLD THAT FoCKING LINE @ $$4.50 If we do not $rcew you! I have BA backing and can offer some support but I need the rest of you believers to step up sell that other $hit and support AVXL in this blatant NAKED SHORT ATTACK>
I will stand I will stand I will STAND! Whom among you is with me?
GO AVXL!
We have what looks like a spoof ask 18K @ $5.16 and it is not getting ask slapped. So everyone is holding one's breath and fire here. Goes with the low volume. Holding pattern for the Friday 5-6 earnings announcement? We had a bit of ask slapping pre-market 5-3 @ %5.15(wink wink) and got a boost for the day somehow. Games are being played. If the MM walk in down to $4.80 I hope we can give them both barrels of stink bids followed by follow on day trade/ swingers to get some lift. But I am not worried I know what WE own here Dear Brilliant Longs,
Load Double OO Steel Buck for Bear.
Go AVXL!
SOMEONE trying to keep a lid on the price this premarket. 800 was asked @ $5.15 so I slapped it for 600 and some odd shares, still showed 749 shares @5.15 so I slapped it again for the same amount and it still shows 724 @ $5.15. What a steal!! I think if someone wanted to get a lot of shares with out too much suspense they could slap the $hit outta that $5.15 PreMarket ask. OPPS someone got smart just now and slapped the last 700
Shorts organize against us, should we not fight? Or should we look only out for ourselves?
You are right Little Tim Sykes can organize short attacks against AVXL but we are weak and in-cohesive and can not mount a resistance because we all trade for self interest not recognizing as a group our power,so we will not organize or devise a plan. It can not be done!
If swing trading will still be in vogue I can swing the whole bat long and short(with little risk) I know how to short without a risk of blow up. If you advocate that we take more shares in this fashion I will oblige. Then watch for 6670, 13340 and 20010 on the ask side. Then I will accumulate more shares in that fashion but it will not be from the bogie men you envision but we will do against each other.
But I say there comes a time.
WE MUST DEFEND "THE PEARL OF INESTIMABLE VALUE" This is our time these are our people! This PEARL may shine for us all. We can not let this great discovery be subsumed into the avarice of the few. We can fight we can band together as believers to do our little parts as retail investors to bring this great discovery to fruition for the benefit of humankind.
As XENA and others have opined SWING TRADING may have diminishing returns at this point. (It plays into the hands of the shorts)
If we BAND together we can defeat the MM and possible RICO manipulators.
I PROPOSE that each of us continue to accumulate systematically on regular intervals, rather than swing trade to improve position.
The ACCUMULATOR of the number 1558 shares has shown us the blue print by buying everyday that set amount. Imagine if many of us emulated that?
Such a system removes much of the volatility risk out of the equation and will result in having a superior position overall.
I for one have initiated transfer funds to systematically ACCUMULATE shares. I chose the numbers 667, 1334 and 2001. By these numbers I will show my commitment and they might be discernible in the daily time and sales record. (I would not ask anyone to do what I am not, provably, doing myself)
LEAD, FOLLOW or Get Out of the Way.
GO AVXL!
Large market orders at the bell. Consistent 1558 buys at the bell everyday. Looks like steady accumulation by smart investors. The 18K looks like an institution. The 18K market order would be done at the bell so as the minimize upward price pressure so can do again the next day ,accumulating a position. A MM would likely place during the day then bleed it back out after the updraft to capture small gains.
Consistent 1558 share orders placed at the bell looks like a large retail wanting to minimize volatility risk while accumulating a larger position by daily share price averaging somewhat akin to the Edward Jones & Co. dollar cost averaging approach. Do we have some believer sending us a signal that they are accumulating by using a set share amount rather than a set dollar amount to average in?
Intended or not the signal seems clear. If many of us retail investors started to buy just a small number of shares everyday we might be able to trump the MM's. I intend to double or triple my position but I will not do it all in one day or one week, dollar cost averaging or daily price averaging in with a set amount sounds like a plan to me.
GOOD LUCK to ALL and Get Behind AVXL a little bit everyday, if you believe and have funds to put to work.
GO AVXL!
The elegant explanation is always the best Thank you that was brilliant.
God's greatest gift to mankind is the ability to see the greatness and goodness of others. Art, Science, Religion, these things are that which define us. I am happy to have you fine folks to banter and conjole. The subject of our discussion is not as important as much as it is that we have this discussion. ART SCIENCE and RELIGION con-flue at the end of time. Subsumed into the singularity.
Until that time I think we have a fairly kick ass stock here my friends, haha
Oh and Dr A not hundreds of millions rather thousands of millions,
Billions!
God Bless all you brilliant Fk'ers
Rat Nip Cat Nip this is not a burning deck. Make me pay up because I know what this company is worth. I payed up before and I will continue to pay up. $7.50 is cheap and I will buy hand over fist at any price less than that. When we do a secondary offering at $7.50 it will be the buy of a generation.
We are the new Americanos high on legal..haha Truthfully all you brilliant people can not be too far off base. One should ask themselves why they came to Earth. Then one should ask themselves why Dr. McFarland and the others came to Earth, should one easily dismiss what could be a Pearl of Inestimable value? If only for the money OK. But if one wants to be a part of something bigger then one might say
“There are those that look at things the way they are, and ask why? I dream of things that never were, and ask why not?” RFK
Or
“Few will have the greatness to bend history itself, but each of us can work to change a small portion of events. It is from numberless diverse acts of courage and belief that human history is shaped. Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centers of energy and daring those ripples build a current which can sweep down the mightiest walls of oppression and resistance.” RFK
We are a not sponsored by Wall Street RICOs we have no fear and we think differently. It is us that will make this company. We are the new Americanos. This is our planet these are our people.
And the sons of conductors and the sons of engineers ride their fathers magic carpet made of steel. My dear friends, my cognoscenti. Why did you come to Earth? Dr. McFarland and Mssrs. Skarpelos and Missling are on the cusp of fulfillment. What a story what a planet. These are our people this is our time.
ONE SHOULD ASK THEMSELVES WHY THEY CAME TO EARTH. ONE SHOULD ASK WHY WINSTON CHURCHILL CAME TO EARTH. One should ask why Dr McFarland came to earth. This stock has the highest concentration of the intelligentsia and the cognoscenti! We are retail investors we are not Wall Street RICO sponsored,we have no fear and we think differently! Dear friends not be discouraged if the share price does not hold today. Our time will come eventually, personally I have major investment here. I have started the process of moving generational wealth into AVXL and while not enough to affect the share price I am not the only one.
To the True, to the Brave, to AVXL!
Thanks Doc for deflating the over-inflated D-Bag of the foul wind. And BTW the knowledgeable recognize that you are in fact a Medical Doctor.
SportsNut I caught the sad truth of the absurdity of your illustration. Well said my friend. But you left out one very important and distinguishing factor. Said company of your illustration was sponsored by the Wall Street RICOs.
I am with you bro. I should have stated that i am the world's worst trader ha ha God loves and so do I.
However AVXL is a clear winner!
THE PEARL OF INESTIMABLE VALUE WILL SHINE ON US ALL get your 20k back ahead of me. Superman lives but he has yet to don his cape. AVXL is the first of the trifecta of the non WALL STREET RICO sponsored disruptive pharma that MAY/COULD hit. I have enough wealth for me but not enough for philanthropy. I am not done creating wealth but have not yet started to give it away. One should ask why they came to Earth. I have all my personal investments in AVXL and next week I will start to transfer generational wealth to the trifecta. My parents were to busy for philanthropy. Their wealth did not change their life style and I live frugally and have no fear of aging. I should have died many times already. I know what I will do with the extra money. I will finally clear the mine fields in Cambodia and then then other places in the world for my father. I will sponsor orphanages for my mother. After that I expect to be able to buy back the shares of Boeing and other blue chips. Especially if Boeing makes good on their plans to be a world wide manufacturer of parts. I expect Boeing will expand world wide outside of the Eurozone(AirBus) especially in Asia paradoxically in Viet Nam.
DEAR fellow longs, there is nothing to fear here! Remember that 5 to 9 is the golden Fibonacci ratio.
GOOD LUCK TO ALL! GOD LOVES YOU!
Relax, both of you. It will not matter ones' avg cost basis or what we have said or feared. This is not our life's purpose BUT IT IS FOR SOME VERY CAPABLE people in the Company STOP IT YOU ARE BOTH PRETTY hehe. This is our time both as company and as investors. You watch late next week as I start to slap that ask, I suggest you shut up and buy shares at these prices. I will triple down here.
Spoken like a true cognoscenti! Many pearls of wisdom in this post.
I agree XON is overvalued, a "sponsored institutionally pumped stock" Platonian justice would call for the switching of market caps with CTIX a company with true promise but not sponsored by the Investment banker Wall Street RICOs.
But the Greatest Pearl in this post " I do my trading in a 401K" Same here. I try to have my buy and hold investments in the taxable individual accounts and trusts and try to limit the trading to 401Ks. I hold the non trading core in separate individual accounts and only trade the tax advantaged accounts. It is mind baffling to realize that 90% of traders have this backwards and do not trade the IRAs and 401Ks etc but only the individual accounts. F year end tax bills!
The whole post was excellent. BRAVO!
50ma and 200ma @ 7.50 then 2nd offering Sorry question My bad I am in for 10 year so to spark debate about go alone or quick buy out we as retail have no say. But AVXL 36000% would be not out of question I am in for 10 years.
It is kind of funny really because I can say some off the wall stuff(like Russian mafia targeting Boeing) and no one responds but when I say company will go alone it sparks super debate. Froll I give up! please pass the straight jacket haha
NO BUY OUT COMPANY WILL GO ALONE!!!! WHAT WOULD YOU DO IF YOU HAD THE MOTHER LOAD. THEY ARE EQUIPPED TO DO IT.
LIKE XENA SAYS WE AN'T SELL'IN
We have Two Pearls of Inestimable Value.
Wish what one will but "Buy Out" is not what we came for. These men and women are in it for the to promote the "Pearls"
No matter what you think there is still honor in the world men and women give their lives for it every day. Policemen Firemen Solderers nothing I have seen makes our management less. I believe in our General Officers our Captains. F buy out in time we buy them.
I will make it clear I do not expect a quick kill on this Issue but if held (or traded around a core like some of you like to do) I think we just might have a clear winner. Slow and steady is what I want.
NO FEAR NOT 4 SALE WE THINK DIFFERENTLY; XENA I think you are exactly right no buyout we have systems in place to prevent buy out. I think your postulation of Japan partnership would be best course. I only watch and listen as you do as well but logically your deduction makes the most sense.
A lot of OTC and penny stock investors that is their "Brass Ring" the "Buy Out" Where would Gilead be if they were bought out after every one bashed them in 1999(like they did) after running 700% between 1997 and late 1999.(sound familiar?) 13600% after that. I do not know all of the Politics back then with GILD but the CEO was Donald Rumsfeld later of course Sec of Defense. I am thinking that Gilead hired him because they knew they were going to rock the boat and would be attacked by the entrenched interests and established BP. A rhetorical question, why did Gilead hire Donald Rumsfeld a career Dept. of Defense type guy to be the CEO of Gilead? A bio-tech company? My Old Man Phi Beta Kappa Law Partner used to say the "Pigs are at the Trough When the Money is Green" I would add that those "PIGS" are well armed AND have "SOFT MACHINES."
I agree we are not for sale and inequitable Partnerships are out of the question. One would hope that management is as wary and vigilant as you and at least read what is said here. Your suggestion of Japanese manufacture Asia/ Marketing is brilliant. One would hope someone from the Company reads it.
For the modern Japanese sense of HONOR I suggest the recent popular Japanese Movie "Persona Non Grata"
AVXL CAN WIN TIDE TURNED TO BLUE HORIZON; AVXL has the hallmarks of a winner. When one considers where AVXL has been and what it has done against such odds it is nothing if not inspiring. Denderon fought a good fight (I know I was there), but succumbed to the vile ruthlessness of the purely greedy and uninspired uncaring dark souls of those that worship money.(see Deep Capture) Chesapeake Energy will file for Bankruptcy soon but Aubry McClendon's (God Rest his Soul) Chesapeake Energy showed the way for America's energy independence with the shale revolution. A short attack on The Boeing Co. regarding long standing accounting practices and the SEC played like a cheap fiddle (again) by shorts lead to the February 11, 2016 trade-able low in the US Stock Markets. What bearing on AVXL one would ask?
Boeing recovered the next day and lead the Markets higher for 21 days short attacks on AVXL and others also subsided in those days. DNDN ultimately was successful is getting approval for in first in class paradigm shifting cancer drug but was so badly hurt financially by the unethical and some have thought illegal short attacks that they fell into the predatory arms of Valient. But now the tide has turned so the macro environment is good. Money is coming back to the overall markets XBI and IBB are resurgent, oil and the Markets are stabilizing. Even as some Oil Exploration and Production Companies are reorganizing under Chapter 11 these risk-on companies have established the United States as now the swing producer and largest Oil producer in the world. Even Sun Edison although mis-managed at least took a risk and might be viable or at least show the way to the future after it's Chap 11.
But why is this all this important to AVXL? Because the tide has turned and coming back to shore at the most opportune time for AVXL as it proves its' thesis regarding its' lead compound A2-73. AVXL has no debt. AVXL has retained all rights to its' two "Pearls of Inestimable Value" A2-73 and A3-71. AVXL has not recently diluted existing shareholders and in unlikely to do so in the future. Management and insiders are aligned with shareholders. In fact a careful look at the SEC filings show that Athanasios (Tom) Skarpelos donated roughly 20% of his shares about 1.2 million shares back to the company to further the interest of the company.(Anti-dilution). What he did was cut his top talent finds in particular Dr Christoper Missling Phd. in on ownership of the company, which was brilliant in my estimation.
I hope on some of the suppositions on strategy and tactics of some of our brilliant posters on this board: 1) 12 week data will be released together with top line 26 weeks data in an unassailable manner. 2) Partnership will be limited to an honorable Asia/Japan BP leaving the company in control of USA and the rest of the world. 3) That AVXL will forever be a just and honorable stand alone company, with the highest values and not be "bought out" but rather be an acquirer of other new and exciting companies and technologies. 4) Raise money by public stock offering on good terms well received and non-dilutive.
I am invested in AVXL the only OTC stock I have ever bought in the last thirty years and the only non-blue chip individual stock I own. In actuality I am invested on the strength of character of Athanasios (Tom) Skarpelos and Christopher Missing and those two "Pearls of Inestimable Value." Tom found Dr V and made the deal to the rights to A2-73 and "The Cris" is the able Captain he chose to fight the battle of the Sea Change. I trust them both to hold fast and bring the Ship home together with both Pearls though the shark and pirate infested Seas of Greed and Lost Visions. These are people of courage and vision and my hope is this will ultimately be a great inspiration to other innovators in this realm. If they are successful the world will literally be their (and our) Oyster.
GO AVXL, Good Luck and God Bless!
Great quote! Let me ask you this. Do you believe the CEO is an honorable man and that he is dedicated to the cause of treatment and not out to enrich himself and other insiders? In the past has the CEO been prone to hyperbole? Please do other investors and this Company a service and expound on this subject if you have further information. Please back it up with specific statement or actions of the CEO tending to show his character and commitment. If you care to Sir.
TIA any additional insights would be appreciated.
PS You earned a follow from me on that fantastic (as in good) post, the results might really be fantastic as well.
Quick answer. Don't trade options. The other side of the trade is a MM or full time professional at a Bloomberg terminal with more information than you. Would you think you could win at high stakes poker against world champions? If you must then sell covered calls at a strike you would not mind if you sold your existing shares at. Or use puts to protect downside risk or if you are short you could protect account from being blown-up by buying calls. But trading options is a good way to lose all capital and still be left with a tax bill to pay for the few that you lucked out and profited on. One could as I suggested buy calls to hold the stock at a certain price to buy in the future when one might have more money to invest. The buy to open means you are buying a call. Sell to open means you are selling a call you do not have whether you have the underlying stock or not, if you do it is a covered call. Buy to close means you are buying back one you sold. Same for puts.
IRAs and 401Ks only allow covered calls for good reason, these are the ones were the average Joe like you and me can make a decent return without losing our shirts to the professionals. Read and study then trade for 6 months to a year in a paper trade account. Start here:
http://www.optionsclearing.com/components/docs/riskstoc.pdf
A stock like AVXL is so cheap that options do not make sense to me just buy the stock and have one twentieth the risk of naked options trading, it is lot more risk than even margin accounts. Do not try to get rich quick on options get wealthy by holding good companies stock for a long long time.
Good Luck and GO AVXL!
The Fool article author is either Ignorant or a LIAR! Not all secondary financing dilutes. All indications are that AVXL will not and need not engage in dilutive financing. Done right secondary stock offerings are not dilutive but rather like an IPO. AVXL struck a very good deal with LP and have not used it, and will not need to use it for many quarters. If Missling and Skarpelos do not get the BP Partnership deal they want and the
Data is good enough they will be able to go to the Capital Markets to do what Corporations do, issue stock on favorable terms to current shareholders and Institutional investors alike. See my previous post on the SIX reasons that a secondary would be SUPER Positive for current shareholders. A win-win situation. Skarpelos calls the shots with advice and he is such a large shareholder his and Missling's interest closely align with shareholders. This is not a cash strapped company and has no debt. Enough cash to last two years at current burn rate. Missling has repeatedly stated that they are seeking a partnership for the Ph 3 for A2-73. Orphan designation significantly improves both the cost and probability of approval for A3-71.
This author or anyone that, for instance, labeled Gilead's recent multi Billion dollar secondary as dilutive would be laughed off of Wall Street. Because if done right without warrants, all cash(except underwriting costs) go directly on the balance sheet. LP will not get warrants in the off chance that facility is used and there is no debt to pay with proceeds of a secondary offering. Any new financing would be on much better terms. The audience of the fool.com are the ignorant. His article is so blatantly misleading that I deduce that he is short or working for the shorts and what he said is patently and intentionally FALSE.
Stay short or stay on the sidelines and watch and you will see.
Go AVXL!
New Article: Anavex Life Sciences Corp. Just Got a Lot More Interesting (AVXL)
April 08, 2016, 03:28:33 PM EDT By James Brumley, InvestorPlace Media
http://investorplace.com/2016/04/anavex-avxl-stock-interesting-today/#ixzz45JThvcOe
Read more: http://bit.ly/1Ve0ocs#ixzz45JThvcOe
Seems like a fairly balanced summary article with some science and he makes some interesting positive points without pumping.
Apologies if it was posted before, it now also appears on Nasdaq.com
By the way, keep one's eye out for the next Adam Fueurinstein (Papa Troll) hit piece. He puts out his weekly drivel on Wednesdays, I believe, in what he calls his "Biotech Mailbag." But he might be enlisted to make a special edition hit piece to regurgitate his usual puke and venom.
Go AVXL!
As for AVXL options they are thinly traded so risky from a liquidity standpoint in addition to inherent risks associated with options. That said an online broker/dealer that has option tools like "think or swim" or Option Express are one way there are also some subscription based tools.
If one is new to options one might consider taking only small positions in LARGE CAP BLUE CHIPS to get one's feet wet. With high spread thinly traded options one would be best to make stink bids to buy and place GTC orders in a spot that makes profit do not hold long as the time value decays. One should not try to make a killing just a decent return then less chance to lose all capital and could get lucky once and a while for a big hit. Just try to hit for singles my Okinawan Friend the home runs will come as long as you do not strike out.
Someone advised you to look at $2.50 strikes. I would concur with that. Maybe can be used to make a place marker so when you have additional funds can convert to the stock by paying the extra $2.50.
One can be right on the value of the Company but wrong on the timing and price with the options resulting in loss of all capital,,, most expire worthless so sell quickly on any spike and avoid time decay. I was under water one time on some stock for 7 years because I was way early on a bet on cell phone towers but I held (baggie hehe) they finally hit big.
Options do not give one that type of security. Get in and out very quickly.
GOOD LUCK and God Bless!
Go AvXL!
Short and Distort article, not balanced or researched. Read the fine print, suggests his firm or clients maybe short the stock. Simply echos that other Fool's article. Thanks for the heads up, Coffee, you earned a follow from me.
A glaring fallacy of these Fools' articles is that secondary stock offerings are bad for existing shareholders. Done right without concomitant warrants they can be extremely valuable for existing shareholders. Why?
1) Shows the Institutional Investors see value in the company.
2) Retail will follow the smart big money especially if the offering is oversubscribed
3) Puts a nice floor in on the stock price.
4) Shares are monetized giving the company the access to the capital markets to grow as needed- most all of the money goes into the company balance sheet(some underwriting costs)- therefore is NOT DILUTION!
5) Most importantly for LONG TERM INVESTORS the company can retain all of it valuable IP, Compounds and ultimate profit potential. A company that can raise capital by favorable secondary offering is strong indeed. All the Big Pharma do it. GILD recently did it to fund possible acquisitions.'
6) If a Company can raise money by secondary offering that company has the potential to be a Behemoth.
Case in point GILD. In 1999 Fool's,The Street.com and most all others questioned the ability to effectively treat AIDS. But not GILD "they thought differently and had no fear"
They WENT IT ALONE. IT never had the huge spike that a partnership or buyout would bring. But since has split forward 5 times so 100 shares in 1999 are now 3200 shares. 1999 traded between $7 and $10/share today $96/share. (Do the math)
AVXL has management, directors and scientific team well in excess of a company looking for a Buyout.
Our little Orphan Annie-Vex(Kudos to the witty IPMan) has been built to GO IT ALONE!
I know some of you brilliant people would like to see a quick 5 to 10 bagger on BP partnership or buyout. Not me. I want to see DEVELOPMENT of the COMPANY on its own. I would prefer that AVXL is overlooked by Wallstreet for as long as possible while I accumulate. I do not think Skarpolous, Missling & Company would be satisfied with a pile of money. I believe they are looking to HEAD an Important ground breaking Company for many many years to bring relief to millions of people while Building AVXL into a large and powerful company.
I am long AVXL with a minimum 10 year time horizon.
GO AVXL through thick and thin.
Remember the words of Dr. C. Missling Phd. "Because we have no fear and we think differently" spoken in Washington DC when asked why he thought AVXL could succeed in ALZ when so many had failed.
If what you imply is true then we were that close to an instant 10 bagger.
Bleed Short Dogs 4+ days to cover!
3/15/2016 3,275,303 786,528 4.164255
from Nasdaq.com days to cover 4.17
clocking $6.18 premarket right now
ASTRAZENECA and LILLY go2 PIII ALZ drug AZN3293 an amyloid target drug
http://www.marketwatch.com/story/astrazeneca-eli-lilly-progess-on-alzheimers-drug-2016-04-08?mod=MW_story_latest_news
Another BACE inhibitor, looks like they are following the same old failed pathways. Due to profit motives BP, of course, would prefer to treat symptoms rather than causes.
Let's hope we can show some data soon that will convince some BP players they are barking up the wrong tree. Maybe if and when it is clear that AVXL drugs must be taken for life they will pay more heed to what AVXL is doing.
The two year extension of the current study is a good start. Hopefully the 12 week data will show continued benefits of A2-73. All indications are that it will.
GO AVXL- looking for a bounce off the 200 MA today.
Nice to see a big pop so we can attract more shorts to trap later. Good for the traders, if we want to attract some more Investors it is better to have a slow gradual rise weaving around the ascending moving averages. If one is not a trader they do not want stocks they feel they have to baby sit or trade. Ivan is right this still is essentially a penny stock that needs to be traded. Range bound around moving averages is good for those who want to dollar cost average in over a long period of time.
Good data without some revaluation/legitimacy event like partnership, grant or new trial news MIGHT result in a "sell the news" perverse drop of exaggerated magnitude by the combined forces of "Flippers" and short sellers.
After this delay if the news is not nearly impossibly good I think many Investors as well as "Flippers" will be tempted to bail on the news. The difference is the Investors will not be as quick to buy back and may wait for further validation.
Good Luck to All
Go AVXL, I am Super Long the Company and its Mission and LONG term prospects for the stock, cautiously optimistic to neutral in the short term. If it holds here at the 200 MA then looks good otherwise those stink bids might not be placed low enough.