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If you send me a PM I can respond and tell you exactly what the communication means. I am a lawyer. If you do not trust me ask tootall he is a lawyer as well.
I will give you a hint joshalex has it right.
Actually this might be a matter of unforseen fortuity. But it had to be forseen by by AVXL's brilliant patent attorneys. Therefore it was proposed for a certain reason of fiduciary responsibility.
Now this opens the door for a very advantageous nuptual. Shotgun wedding.
Again Joshalex has it right.
If some call for doom that is when we soon see BOOM! Just my well considered but humble opinion.
Think in four dimensions this is actually a huge advancement on a critical front. Now AVXL "comes to terms" and moves forward on two other fronts.
Dr. Ivan,
What you did, dependent on your tax circumstances and whether or not
you have losses to offset that short-term capital gain (taxed at ordinary income tax rates) was save yourself a large income tax bill to pay. If I were to have done that I would have then had to liquidate some of my AVXL holding next year to meet that tax burden. One has not made a profit or incurred a loss until one sells.
Many of us rode it all the way down. I believe we will be beyond that in due time.
By the way, I sent you a PM response. The short answer to your question can be found here: http://stockcharts.com/school/doku.php?id=chart_school
Happy Holidays and Good Luck to All. May St. Nick bring you all a tall white candle. (my TA tea leaves are predicting a bullish engulfing candle for the 16th or 17th) ;)
Longs won! Healthy consolidation held the ascending pennant pattern. This is the strongest most reliable bullish pattern in TA. You might not feel we won today but we won a very important battle. Please let us dispense with A$K slap, bidwack, hoping the company throws a bone, MM, big boys manipulation. This stock is no different than any other micro cap low float biotech, you might want to think it is special or being picked upon more than others but it is not. I happen to feel after extensive and ongoing Fundamental Analysis that it is special for the science AND an extremely underestimated size of the potential market for the commercially developed drugs.
Tom, I appreciate your pretty charts and you seem to know a lot about charting and the various tools. And by no means am I being critical. As you say what you say is a guess. Your charts and most TA chartists target audience are interday traders. I do not know what TA means or what is significant for interday trading because that is not what I do, only in extreme volatility as a defensive measure. But it is very useful for me to know when to enter, exit or be over or underexposed to the risk. Simplicity is sometimes best because really the only variables are price and volume. Most other tools are just a way to graphically depict the interplay between those two variables. I am sure you do and I hope everyone understands charts do not predict anything. They are not forward looking radar. What they can do is give one an insight to the market sentiment, inclinations of market participants most importantly to equilibrium points between price/demand (pivot points) support and resistance levels. These all must be taken in the context of the current state of company developments and overall market conditions. I am sure I am not telling you anything in this regard, but I just want everyone who is a long investor to realize we held the upward trend during a day when the hot money momentum traders were off chasing oil stocks. The most important function of TA is to delineate the trend. AVXL is in a solid uptrend. As well we should be because we are rapidly developing and hitting on all cylinders. All we did today was reinforce the strength of the uptrend by consolidating recent advances in price within the confines of the uptrend channel. Smart investors who have already been watching the action and have done there DD are going to see this price point where we ended today as very attractive for an initial position or to add. We are close to the pinnacle of the of the ascending pennant, the trend is UP and the company is performing well. It will break out of this pattern up or down. My money is on a break to the upside. I think * $8 will be broken soon. Just my humble opinion. I think the AF stooge might bash tomorrow in his weekly biotech scumbag which might present a good buying opportunity. Day traders might want to focus on interday charts, but LONG Investors would be better served by following the recent trends on the daily and weekly charts.
The ascending pennant I speak of is defined by the 11-18-15 open @$4.10 to today's close @6.86 Flat top is the 50d MA @$7.56 or the thrice tested resistance @$8. See Chart. Focus people! In words of CBD Patience and Persistence AND SCIENCE!
http://stockcharts.com/freecharts/gallery.html?s=avxl
Yes it is signaling. During the major short attack down from $9 handle a 8 share trade kept popping up on the sell side then more sells would pop up under it. Happened all day every day in those down days not always 8 but a single digit number same number all day.
Anything below 9.14 is artificial IMVHO. I am of the assumption will will retake that relatively quickly. I do feel the Jan 15 $10 call options will be in the money by that time on no news. Any news will create a real and sustainable demand spike sending the shares up sharply. I have said before I think AVXL is wet dynamite and any little thing can explode it skyward. The fundamental reason is the science which is opposed by 3mil shares held short. 9% of the float that is a lot. Which has held the price below the $9.14 approx. equilibrium level. That 3mil shares is likely hedged by the short sellers who likely bought the 7.50 calls so they win either way and will not mind calling away those long shares after they spike the price by covering the short and then using the proceeds to go long. Thereby causing windfall profits in both long stock and long call options. We as retail or other traders do not know when they will reverse so we can only hold long on fundamentals and buy dips. Selling covered calls will likely result in the shares being called IMHO. So unless you plan to sell at 10 in jan do not sell covered calls. I think the stock is fundamentally worth multiples of even the Nov highs but understand that I must exersize patience. GLTOA honest investors and traders.
No gap 7.11/7.44 BC of high volume in extended hours. I agree gaps usually fill but one should recognize the reason for the gap. Usually gaps happen on news which brings new investors to the stock how pay up for initial position not knowing which way it will run.Charts in themselves are not predictive only allows one to get an idea of the inclinations of the traders over time. Therefore gaps usually fill then can reverse upwards as the new investors put on second position when the price is back to where it was before the news. This gap was on no news and followed the price progession on very high extended hours volume. The price/ demand equilbrium was not met in regular trading hours Friday. The so called gap was an extention of the process of equalizing the demand/price. In short gaps are usually caused by temporary disruption in demand/price here it was just continuing to satisfy the demand held over from Friday. Could the stock fill that gap sure but not bc of any artificial or short term demand spike because there wasnt any. Today was an extention of demand that was building friday from last weeks Fundamental changes.
Last weeks trade pattern broken.Put to death by big buyers coming in at end of day and eod sellers sold right into the big appetite for shares. Eod today sold sell big volume as the big lot buyers step up in anticipation of haveing nice supply to buy. Why do the big lot buyers pay at rhe higher day ranges? Because that is where the supply is. They have to slap ask to get the amount they want. I expect we will take out 8.14 today or tomorrow.
The real money is a few years away. The 30 to 300 run. It is more likely that those individuals and institutions who pay up for this later will hold for longer. But if one where to hold from here on of course will do the best but many will think 30 or 50 is great and be satisfied. If this works the market just for ALZ will be geometrically larger than it is especially if effective at an early stage. The reason is simple but overlooked. Doctors do not actively search for signs
of ALZ early because they do not have a treatment for it. If we can find a effective treatment early diagnosic protocols will be developed greatly expanding the market. Same true for some of the other indications as well. MC of commercial developed AVXL will dwarf current ISRG mcap and the market for the drugs shared shared with partners of course will be geometrically larger than GILDs antiViral markets.
The high demand for shares continued after hours with successive 1000 share lots at 7.20. All the usual EOD Dump by the day traders and shorts was eaten up and then some. There are close to 3 millions shares held short or 9% of the float. We have built such a strong ascending base that we should break out from this ascending wedge. The strongest TA pattern there is. We have come to the pinnicle of that wedge. We should blow right through the 7s to the low eights and trade in the 8 to 10 range for a while. Next week will be interesting with 3 mil short I expect we will hear a lot of squeeling from the pigs. Expect redoubled bashing from AF JFin and other false witnesses.
AVXL takes a new step up monday and next week. The thristy buyers are at the high end of the trading range, because they are buying big blocks and that is where the supply is.
YOUR POST IS THE BEST "Dutch Uncle" synopsis of AVXL I have read and I agree with every word of it.
AVXL is wet dynamite any little jolt can set it off. Today some little article discussing uplift (published at 1.55pm) to NAZ shot down the strong daytrade short and flipper pattern of EOD selloff and cemented a short term supports @ $7 & $6.91 This created a bullish engulfing candle on daily chart. Any real news like patent for 2~73 plus and AVXL will explode skyward off this gradual uptrending base.
I suppose if we could see the Soldiers shoulder patchs they would read Airbourne Ranger. AVXL strikes fast and hard and is determined to push through to the objective just as all our fine servicemen like WolfWAYNE. :)
Yea! True! We are in the company of greatness. Bluesky tornadoes! One can game pops and drops but please my brilliant compatriots do not be underexposed to Avavex when the earth shattering SEC filing happens. As I said already I support 100% the scalping of share price especially when can dampen volatility
Blue Sky Tornando or RAPTURE is what I call it. I fight hard up and Down . I am determined not to be caught underexposed to the risk/reward profile here. There is no way In hell I will try to flip I am not a gambler. I decided stock Is worth $30+ as it sits right here. So I buy and hold through hell and the high water. I want this to go sideways from anywhere. If we get another big spike I will ask you all to sell and just hold damn it I say if not in for two years at least then WTF are you here for.
Tob IP quit argueing you are both pretty. LOL Seriously nothing wrong with flipping in these types of stocks it is sometimes very good. Tob if IP flips enough shares to slow down a 30% day run it is a good thing. Too steep a slope can cause avalanche like after that Foking Agora BS. Each according to ones position and tax situation. Also It Is good to have more shares In strong hands like IP. Do not flip bc of taxes and still building position. But I am very glad that IP can add more shares by flipping and put a damper on volitility by capping to steep a rise then provide support on the inevitable drop. I do not care what price is day to day except I try to get best price when I add. My iras and 401k are full so of course I do not mind price suppression until 2016 . What I am interested in is price on the eve of announcement of P2/3 results. As CBD reminds us PATIENCE AND PERSPECTIVE. Two years five years ten years go long. That is my definition of long.
Go AVXLarmy
I wonder if our PR. Firm is aware of that positive article and whether IR. would care to comment. I think we should not take any chances and make sure our PR. Firm and IR. is aware of it.
That tells one that 20 trolls on YMB. I forsake that board long ago. Good source for misinformation. But I think should be continuously reposted. I would but I access Internet only by smart phone.
MS plans to develop drugs of abuse are now threatened. Daipram was Turing only source of revenue. He jacked up the price of it to fund development of Oxycontin (opioid ) & Ketamine. (date rape hypnotic) for nasal delivery. Drugs of abuse for nasal delivery! Best invention of Racketeering Organizations since crack. That is the only development project Turing has, working from safe haven in Switzerland.
I have been to the Casinos in Blackhawk CO of course I live in CO more than 1/2 the year. BUT this is no crap shoot. Shorting or flipping is a crap shoot but taxed on every winning roll.
RE: Your post CD about mid-day news I 100% agree and that is why I do not flip because being out of the position in some shares one could get left behind on a 50-150% upward blast on the SEC material circumstances filing which could come any day. Which by there nature are done and announced during SEC office hours so come mid day.
Longs are winning the battle here. I just realized that whatever the shorts and enemies of this stock do most of us longs on this board are winding up with more and more shares. I do not know where they are coming from but I am happy to add to my position at every turn. I guess it is because we know what we own and have been through this enough so when stock pulls back we just buy more. MM and Shorts are not used to that.They can usually shake people out of the stock. But you my compatriots just dig in deeper.
They are getting frustrated and exasperated and call us fanatical. They scalp a few taxable profits but we are building true wealth and supporting a true cause of betterment of health and welfare at the same time. Because of people like the longs on this board AVXL will not end up like Denderon.
They have not even begun to test our will to fight. Everyday though every attack we get stronger and somehow end up with more shares as well.
I can feel it the tide is turning.
For some reason every time we are attacked we become more determined.
YES I KNOW WHY. BECAUSE WE KNOW WHAT WE OWN AND BELIEVE IN THE MISSION and of our long term reward.
FIGHT ON.
I am fairly certain we will have a inter day counter measure if he releases another hit piece which will not only blunt the attack but destroy any short positions taken in conjuction with that. We will have a coordinated counter attack to meet the coordinated short attack.
One would be wise to have all one's long positions in place when the music stops. (Trading halt)
3mil share 1st 10min Get a rope for the 3 Stooges and Martin
Global Biotechnology Report. AVXL was one of 16 is special focus section out of 513 companies $4900 report went out Thurs Nov 26. See prnews wire The 16 select key players were AVXL AbbVie Bayer Phizer. GENETECH. Sandoz. Sanofi. Baxter. Ect.
So you see Missing does not need to drop bombs. A collection of professional analysts launched a number of cruse missiles on Thanksgiving day. We do not know how many reports were sold but we know the type of players that pay $4900 for reports. I postulate that all funds that invest in Pharma bought it so they know what the others know. We do not know when they will hit or how big the upward explosion but I think the first one hit Friday.
Funds like to do "window dressing" at end of year to show they are "with it" AVXL is still up 700% year to date so AVXL makes great window dressing at the least. We over take our highs by Christmas I believe then never look back. The only game shorts will have to get your shares is if you try to game it by selling around 12 or 14 to try to buy back cheaper later. Trust me that might be difficult AVXL will not repeat the dump. That is too easy. Only thing to do is buy and hold. I plan to add more and I know I will have to pay more as time goes by. AVXL even at $30 as it sits right now would extremely undervalued.
Watch and you will see big block buys this week even with no news. All the info is out there now and soon will be on the trading decks of strong hands so we do not need news but none the less we have many catalysts coming soon as well. See you all in Vegas at our Victory Party.
I was not referring to Nueronetrix. And not really care about the other one either. My point is when this runs again it will assume a whole new level based on new market evaluation and will not have a pull back that manipulators want retail to think will happen. AVXL is cheap anywhere less than $30 and the big players know it. One who tries to flip shares might get left behind on the really big moves which may come without news. All the information is out there now. Once this moves up again it should not have another pullback. That game is over.
NEW REPORT FOCUS OF 16 GLOBAL BIOTECHS AVXL out of 513 biotech companies.LOOK AT THE OTHER "SCAM" COMPANIES LMAO
8. FOCUS ON SELECT GLOBAL PLAYERS..............II-64 AbbVie, Inc. (US).............. II-64 Anavex Life Sciences Corp. (US)..............II-64 Baxter International, Inc. (US)..............II-64 Bayer HealthCare Pharmaceuticals, Inc. (US) II-65 Biocon (India).............. II-65 Eli Lilly (US).............. II-65 F. Hoffmann-La Roche Ltd. (Switzerland) II-66 Genentech (US).............. II-66 GlaxoSmithKline (UK)..............II-66 Janssen Biotech, Inc. (US)..............II-67 Kemwell Biopharma (India)..............II-67 Novartis (Switzerland)..............II-67 Sandoz.............. II-68 Pfizer, Inc. (US).............. II-68 Sun Pharmaceutical Industries Ltd. (India) II-69 Sanofi S.A. (France)..............II-69
SCREAMING STRONG BUY
That's why I have been saying news of FDA application regarding fast track ect will be in a SEC filing which they are already preparing and will choose to file when market is in full swing Monday or Tuesday. The Ms Caperiak. announcement the other day was timed to pre-stage. this announcement. Of course we will have fast track that is almost assured. Announcement was to emphasize that " we have the regulatory affairs officer that can do this and has done this before."
Yes and I think the company has news to break of such that would require SEC Filing regarding change of material circumstance. Positive of course. Today's PR prestaged it.
There is a 80% chance of big news on Monday you might want to get them back on Friday. Why do you think they did the PR today? They will strike while the iron is hot. FDA news Monday is big possibility.
I agree that was a signal to longs that there will be news regarding initiation of Phase2/3 very soon. Ms Caperniak was is not a new hire she was onboard already they upgraded her title so they could publicly display her credentials.
This is analogous to comparing taking a position with a reserve battalion as opposed to a battalion of Airborne Rangers. With the first one would assume it is a flanking action, with the second opposing Generals would be PFDS that the Rangers are taking the position for a full on frontal assault and fully.intend to push though to the objective.
AVXL said she has been there done that and will do it again. This is a smart way to pre-empt short attack saying this former printing company can not make this happen.
My point being if this is being accumulated by institutions they will have no problem paying upwards of 15 to 30 if their Ivy Leaguers are privately advising them of their predictions of share price in one to two years. Discounted of course for probabilities.
If there are major players that want a large stake in this they must find a supply. I watch level II All day long except for days like today. What I saw in the move from 8 to 13 was huge block buying blocks of upwards of 10k flashing repeatedly.But what that indicates I can only surmise. I suspect and I will act on this assumption is the next time we get to blue sky 13+ there will be a big supply people remembering last time and think they can game it by selling and buying back in later for less to get more shares.
I will act on the asumption that next time it will not return to lower price. I THINK PRESENT FAIR MARKET discounted for probabilities is 15-30. The market runs on sentiment I have my own value based on conservative mathematics. Unless we see parabolic topping action I will not sell just because we are in the blue sky area. We should be over 15 now in my evaluation. If we spike to 30 on a parabola from news of Ph2/3 trial I may sell some and immediately take a stake in our diagnostics contractor.
FAST TRACK PIGGY BACK dual indication trial Ph2/3 is it possible to do more than one indication concurrently ? At different sites and different researchers. BUT NO NEED TO DO another Ph1 for safety and if dosage is optimized by current trial it would seem the gound work is laid to go directly to Ph2/3 for other conditions like Epilepsy. I am not postulating I do not know so it is just a question or speculation.
Another question does any one know about grants from the National Institutes of Health? This seems like could be a good candidate for support from the United States.
I will go back to Cambodia and Thailand in January I hope I can quit babysitting this stock then. My avg is a little high but as I say I am in to win. We as a sweet God loving people need to embrace the parts of the World that share our vision of peace. This includes not only Thailand and Cambodia but Vietnam Nam Myanmar & Malaysia as well.
I will ski Colorado until worn out then relax there with local people
God be with you lovely people I am glad I found this positive forum.
Bingo revelation moment I am with you brother I buy up or down I buyat 4 I buy at 10 every week I have more . We are on a wagon train just left Westport MO on the way to Santa Fe we are 49ers not all will make it We survived attack already This is our time. It is a bumpy road many perils. We can do it and some of us will. I do not trade if I see attactive price I add more. If one is unsure than one should exit now and bust sod in Oklahoma. I will not sell for riches in Santa Fe we have the mine in California I will see it to end nothing can stop me now
I have a goal and a purpose I know why I need the money. Landmines north of Siam Reap Cambodia illegally dropped by Nixon in 1968 are still maiming Cambodian farmers. Red earth Cambodia same to me as Oklahoma. I will fight I will fight I will fight especially for those that need protection.
These are our people this is our planet.
If one is applying downward force to an object that is seeking equilibrium at a higher level what happens when that downward force is removed? Some might say technical levels are equilibrium levels. As a child might hold a ball under water and let it go it will pop to surface and some time break the surface if held down low enough.
Where is equilibrium point one might ask. What forces are holding down, what could release these forces allowing it to surface? One can look at charts and know them very well but one must know the framework,the topography of forces that are making the chart look as it does. Charting is great it tells one where has been very well and how much force
will it take to affect positive change. In some way the chart may influence SD rock p r ice as many traders might think in a particular situation we pull buy trigger at 50d MA for instance. The ball hits the surface and stops or bounces up.
Ha ha sorry for the beer soaked diatribe.
What I really mean to say is I think AVXL trade price is been in held down so the market markers best clients can load their boats.
Truthfully I like sideways action until major indisputable earthshattering sysmic shift tsunami never going back to the old price again action.
Reckless has it right the "A"company take can not be named bottomed same day as us and has followed us up. They are dependent on us or at least we will be the big contract for them. I will support them if I can but looks like a great play long term. They are selling the shovels to the nueroscientist miners like AVXL but FDA and market are now giving them a little restrained love and validating the way we are measuring our subjects in our Phase 3 . Just bodes well for AVXL I think. Also might be a good one long term as well. I try to hold stocks minimum of two years but this year market made me a trader. I am out of oil stocks and all biotechnology except AVXL which I do not flip just accumulate. Because AVXL is like a pipe bomb ready to blow (in 24 frames haha) Accually more like a wet stick of dynamite where the slightest thing could set it off.
I am glad I found this board because all you guys and gals are amazingly brilliant and have been a great resource to stay long when we faced down the Devils of the NSS Mob.
AVXL contractor doubled in price since Nov 18. They are the company doing the diagnostic testing. New procedure. Seems the market and scientific community and FDA have validated it's new testing protocol. AVXL is taking them up with us. Another market validation for AVXL can not mention the name or post will be deleted. I am new here (not to AVXL) so still learning the ropes. But we have only two company contactors on the ongoing Phase2 of A2_73 one begins with an N not that one the one that begins with an A. I have not looked to see how stock of "N" is doing.
This is posted as it relates to AVXL only
AVXL is taking AMBS up! our diagnostics contractor has almost doubled off Nov. 18 low of .21 now at .40
I surmise the market sees that they will have a nice fat contract in the AVXL Ph2/3 trial and that AMBS diagnostics are accepted by the scientific community and FDA.
Too Tall I am pleased to know you are a Trial Lawyer. I am as well. Your conclusions regarding the evidence presented in that matters of AVXL validate my own that I made prior to discovering this wonderful forum.
However I will say all of your posts stand on their own merits and I did not need to know that you were credentialed in regards to examination of evidence and critical thinking.
Open at 6.2 run to 7 is what I predicted yesterday based on the chart . Let's see how close I was.
TheStreet calling for AVXL to fly up. Anew article on TheStreet by tech trader Roberto Pedrone. Calling AVXL one of 5 under $10 set to move up on technicals. Came out today Sunday Nov 22 at 4pm EST. My conclusion as well even before I read I think 3 white candles for total $2+ by Thurs. Cool off on holiday and resume on Friday Four for Four white candles!
It seems TheStreet plays it both ways they just use different authors.
Happy Thanksgiving Everyone. Let's go on a Turkey Shoot!