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Agreed, thanks and I like your last statement:
"an erstwhile giant partner on its way is melting away under atrocious management, while PETX is really showing its worth IMO."
Actually, Amgen Partnership is one of the reasons I am comfortable still holding ADXS....
No matter how much Management mess up.... ADXS-NEO is good enough to pay for itself....
"What did management do so right that was responsible for the run from $3 to $30?"
Get the backing of tutes (including Adage) and raising cash on hand to over $200 Million....
Tutes holding is now down to 40%
Terry I followed your link, the post says news in India... what does this mean?
Management is responsible for:
1. Putting ADXS in a cash tied position (less than 1 year of cash on hand).
2. Excessive cash burn in the latest quarter.
3. Trimming pipeline to 4 franchises but not trimming manpower related expenses
5. Firing a strong CEO without a good replacement in line. Good or bad, DOC had a strategy and was meeting his milestones. Tony hasn't done sh*t since July 2017.
Nice! Thanks for the post
"I think this stock is broken beyond repair."
No, this stock just needs competent people.... Management needs to get its act straight.... if management can focus, ADXS can easily be a $30+ stock
Agreed
ADXS Management pissing on its shareholders for over three years... and there are people still calling it rain....
Welcome to ADXS
100+ employees with over $20 million per wages and millions of free stocks....
Zero respect / value for its shareholders
Zero attention to stock collapse from $30 to $3... not even a verbal recognition or commitment to deliver shareholder value...:
The only hope, science itself will deliver shareholder value.... BUT since ADXS BOD kicked out the CEO, there is no one to push and meet milestone dates, so every single milestone of late 2017 postponed to 2018
"Curious what others think..."
I think this shows what ADXS Management priorities are NOT the shareholders....
Their priority should've been EU filing, but they rewarding themselves as a priority instead....
"Could it be for a new CEO? They need a huge carrot to attract a top talent.
Hope it’s not for current inept management."
It's for the latter IMO...
ADXS just filed an S8 form to SEC...
Is that saying that ADXS employee benefits will have over 2 million stocks as reward for the good job they been doing? (Sarcasm)
"When did Lombardo ever say that the EMA would have been filed in December if not for the EMA portal being closed?"
Lombardo said it during the Conference Call, I heard it in the recording myself...
IMO Tony hasn't done sh*t.... but some people here claim that he farted so that counts as doing something....
One of the IR email response dated 7/27/17
"....there is no specific timing for the release of a PR with Tony's vision for the company, AS HE SHARES THE SAME VISION and DOES NOT plan to make significant changes at this time."
According to ADXS Conference Call IN December 2017, ADXS missed EU filing because EU submissions closed up in December for holidays....
If that is really true, then that should mean that ADXS EU application is ready to be filed, just waiting on EU to open again....
EU Applications supposedly opened today....
However: ADXS official forecast for EU Submission is 1Q 2018
ADXS is simply range bound between high $2s and low $3s....
ADXS BOD simply has a free pass now that they kicked out the CEO...
ADXS interim CEO simply hasn't showed anything since taking over from July 2017...
"Too early to judge Lombardo, IMO. "
July 7, 2017 is when DOC left and Tony took over... WTFFFFFF has he been doing? NOTHING
"Would you mind stating your job experience for us?"
Why? So you can skillfully respond to my "personal opinion" of Lombardo not doing sh*t?
I'm simply stating the fact, Tony can't comfortably speak about ADXS LM technology in his own words, thus, Tony really can't drive people working under him, and thus, Tony has missed every single milestone....
My personal opinion is that keeping Tony in charge is a disaster for ADXS... he hasn't done sh*t
Hopefully ADXS finds a real CEO
"$21.50 tbus year. That would be huge 600% return. "
I would call it a recovery, not return... return would be anything after that
"The big disappointment I got from the article is seeing there may be no trial results at all this year. "
I listened to the entire ADXS conference call recording... there was an indirect reference that ADXS is trying to line up ADXS-PSA Combo trail is an ASCO candidate
"If they are NOT attending JP Morgan, they are defintely NOT trying to raise money anytime soon OR else they would be there wuth Cantor parading them around. So, if that's true, no worries about dilution near term"
Very interesting hypothesis, good post.
"Advaxis not attending 2018 JP Morgan Health conference next week. What's wrong with these people?"
ADXS got nothing new to show, I would prefer they not attend and save some money....
ASCO is what I would be planning for....
ADXS has a full time deals lady, her only job is make deals....
I wonder she's been up to?
"This is a short-sighted analysis, and it's almost certainly wrong."
Would you agree that this how ADXS currently priced by the market? Translation: ADXS is a super duper value stock.
I conditionally approve gajj's post on the condition that he may be right. To eliminate that condition, gajj must run another trail of post and resubmit for final approval.
On a positive note, ADXS uptrend has started again.... maybe building up in anticipation of Q1 2018 catalysts....
Hopes this uptrend continues!
The one unknown I'm curious about is why short interest won't fall below 7 million
Only 300k? Oakrock can have more influence at ADXS than Denner lol
Terry, the way ADXS Management has performed... maybe a vulture is just what we need to set them straight?
Is Denner an insider of ADXS?
I'm sorry for the noob question, but who is Denner?
They (BOD) did what by firing DOC? Take the pressure off them and now it's a free ride with no control and Tony got no balls to push anything?
"Sell this for $15 - 25. Anything higher is wishful thinking."
If ADXS can get a new CEO with a tute backing him (just like DOC & Adage), that alone could get us way past $25
Hey Hornet or anyone else,
If I have options that expire worthless, does that count as tax loss? Is that loss limited to $3000 per year max?
Agreed. I thing of my interest is the 50-day moving average of $3.10 for ADXS.
If ADXS closes above that, we could get a spike up in ADXS PPS...
IMO ADXS financials are nothing to worry about... it can go full year of finances at about $20M/quarter burn
$71 Million Cash on Hand
$4.5 Million receivable
$Money from Stendhal (which committed $10 million and Phase 3 trail support in Latin America)
For sure in one year period we would get some more $Money from Amgen
Happy New Year folks!
May 2018 bring true value to ADXS.