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Yes a mere flyspeck in comparison to the 1,004,375 shares that Dr Missling already owns. And that is paled by the Options available to him once Anavex price increases dramatically. Many of those Options have pricetags in the $5.50 to $6.50 range. So unless the price goes way up above those numbers they are totally worthless. Doc wouldn't be buying these small amounts like 750 shares and 375 shares unless he was trying to say something.
And yes I grabbed more shares the other day in the $3.40-3.50 range. Trade Shares are now at 50% over and above my long term core position. Trade shares range in price from this 3.40 to 5.65 I think the highest price I paid for any of them. Who knows I may well just keep the trade shares. It would make the big payoff 1.5 times what I would get from just the core position.
John k9uwa
Grabbed a bit more today. Now at Core + 50% above the core position in trade shares.
John k9uwa
Well Tom I continue to do BOTH. I have my original long held prior to RSS average of that well under a BUCK a share. And I got a few more "Trade Shares" the other day in the 3.95 / 3.97 range. Currently my "Trade Shares" are 40% of my main Core Position. Now would be an excellent time for Anavex to drop a Super PR on us. Well they aren't far from it with today's Comments ABSTRACT for the upcoming Sept 11th 2017 CNS Partnering Conference. Notice that right after the two Opening Keynote Speakers and lunch is Daniel Klamer Vice President, Business Development & Scientific Strategy
Anavex Life Sciences is ON from Anavex.
A Partial Quote from the ABSTRACT is: "ANAVEX 2-73, has demonstrated good safety, bioavailability, and tolerability in Phase 1 and Phase 2 clinical trials. In addition, data from an ongoing Phase 2a clinical trial in Alzheimer’s Disease demonstrates dose dependent cognitive improvements."
Please note in the above is says COGNITIVE IMPROVEMENTS. Pretty difficult to do that with any of the SOC or any other in process of testing drugs for Alzheimers.
So maybe I will still have my 40% above my core holding when we finally get some serious upward price movement?
John k9uwa
Baltimore Bullet Ownership of Anavex is Institutional ownership Nasdaq shows it at 23%. Dr Missling owns 8% I am not sure how much the Greek Doctor owns. This leaves about 70% owned by Retail Joes like us.
John k9uwa
To Jimmy and Tom123. At around 40 to 70 pps I would sell about 30%. As to what to do with the money? I am already age 72 so my intention is to build the College Fund for my great grandkids. I have about 8 years before the first on hits Collage age. Anavex isn't my only holding. My Main Core holdings all are already Long Term average is well under 4 bucks per share. And to Tom and others I am still holding my Trade shares These are presently 20% above my core position. I purchased the trade shares at 5.65, 5.72, 5.20, 5.23 and I would sell them when we get back to 5.80-5.90-6.00 something in that range if I happen to be watching the computer. Many days I do and many I don't. Whenever I sell the trade shares I like to make a net for the sale of 50 cents or so profit. I call it combating the shorts and the MM'ers who keep messing with this company. Two ways to play their game. Theirs and MY WAY. Thanks TOM
John k9uwa
And to add to what Xena has said. First the FDA will look quite silly if they don't approve the drug after the Aussie's have looked over the results. Second, I would bet that Dr Missling is making arrangements for a Japanese trial as well. Dr Missling probably is also making EU arrangements. At this point no one has more skin in the game that Dr Missling the Largest Stockholder. Notice the Greek Dr is also still a VERY large stockholder.
John k9uwa
And to add to Bourbon's post. The analysis of the tests will take some time. Again, outsourced probably to more than one facility for the Alzheimers results due to multi country testing. Rett and Parkinson's The Foundations will be sure that the results are properly tabulated. Just how long do you really think it will take the word to get out that some Drug Halts ir reverses the advance of... pick it Rett Parkinson's Alzheimers. Maybe a week or two and the whole world will know about it. Next tell me what Pill Factory wouldn't jump at the chance to make the drug? It appears to me that Dr Missling has all the ducks needed all lined up in a nice row.
John k9uwa
Whats an MTA?
MTA
John k9uwa
Yes agree however. Every time Dr Missling puts out some good news yes the price goes up but all the jerks who write hit articles come back out of the woodwork and drive the price back down again. So Maybe Doc just shuts up until the news is so overbearing crazy that there won't be a way to drive it back down?
John k9uwa
Hi Tom complaints from me today. So much for my +10% trade shares above my core holding. Now at +20% above the core position. Yes added at 5.19 and 5.22. I missed the 5.16 when I left the computer the other day. Good Enough and happy we held above 5. Appears that it will work back upward into the 5.75 or so range. Still we are range bound until some real news comes out. So happy to play the range.
John k9uwa
Two buys today. $5.19 and $5.20 I was too slow on the draw to get the one dip slightly lower. Yes over my own self imposed trade share allotment a bit. Close to a total in trade shares of 15% of my core long term position.
Wild guess today some pressure to get it down to $5 making tomorrow's options expire worthless.
John k9uwa
The Thieves might have their day. But check out Whole Foods to see how the 28,000,000 shorted shares are working out for them. Today looks like a wonderful buying opportunity to me.
John k9uwa
Lots of dry powder left Tom. I have my +10% trade shares above the core position. But I have been known to buy more. Should be interesting.
And to KLD2 as to who is happy with the share price? Well I would be happy if it was $100 a share. But in the meantime I can hold my main position and trade enough to make some decent bucks. Notice how many times we have traveled from 5.50 to 6.00+ back and forth.
John k9uwa
Although 50 cent per share doesn't sound like much. Consider the math. Trade shares of 10% over and above my core position. So four times around at this equal 40% of my core position. Each time sold for the 50 cent profit is the same as lowering the basis of my core by another 4 to 5%.
Most of my core position is prior to the reverse split in the 70 to 80 cent range or recomputed into today's prices 2.80 to 3.20 range Plus I added more to the core in the 2.75 to 3.00 range. So call the whole Core basis about $3.00 and now it is lowered by 15 cents. Core real basis today is 2.85. Plus it also screws with the market makers and the shorts who are always trying to steal shares.
Grabbed a few at 5.61 this morning and presently a part of that 21K setting at 5.60 is mine as well. So far they haven't filled that one. I am getting close to having my additional 10% of trade shares filled.
Lots of fun while we all wait for the real news that will come one of these days.
John k9uwa
Grabbed some trade shares at 5.61. Someone has an 18K line in the sand at 5.60. This will be my 4th grab of shares in the 5.50-5.65 range. Previous three times I sold the trade shares at 6.00-6.09. Trade shares could be as much as 10% of my core long term holding. Two can play the manipulation game. Market Makers and ME. Thanks TOM. Charts are just about perfect.
Noticing that my watch list has a bunch of other Bio's and almost all are down a bit this morning.
Question for the options guys. What is the magic number for this Friday where the majority of call holders end up making ZERO ? My guess is that is where we will end up on Friday at 4PM.
John k9uwa
I only managed to get about 1/2 of my normal trade share purchase in the 5.62 and 5.65 range. I was thinking it may drop a few more cents into the 5.55 range and that didn't happen. So Trade shares stand at about +10% above my core long term held position. Any shifting around 5.90 or close and I will have the other 10% added.
I enjoyed the presentation yesterday.
John k9uwa
Still setting on my 5.62 - 5.65 trade shares. I never picked up my normal additional 20% above the core position. Only about +10% and I wasn't watching when we hit 6.25 Friday. Decided when I did see it at 6.04 not to bother selling the trade shares. If it goes back down into the 5.60's I will buy more trade shares. I expect it to drop a bit on Monday just because. but maybe not. Or I just may decide to keep the trade shares a while. If it makes 6.50 will probably sell them. Makes not a lot of difference as the main core position is awaiting the real deal one of these days. Gives me something to do playing against the shorters and market makers.
John k9uwa
Totally agree with NoBrainer. Everytime Missling puts out some PR and the price jumps the short cabal puts out a blast of hit articles driving the price back down. And as someone else mentioned the pump the stock lawsuit deal. Missling has stated several times that progress would be put forth at Health Conferences.
This stock is being played by the market makers and institutions to fleece shares from us Joe Retail types. As Tom123 Xena and a couple others who do charting it proves we are being held in a reasonably tight range.
So yes although I would love to see 2-73 approved tomorrow morning and all that goes with it. It will happen when it happens. No sense in us getting in an uproar while waiting for it to happen. Better ways of spending ones time. I for example have continued to purchase trade shares. Amounts up to about 20% above my core holding in Anavex. Three times in the last couple months I have made the purchases of trade shares in the range of 5.50 and sold them in the $5.95 to $6.04 range. This last time a bit closer even. I had managed to snag some in the 5.60-5.65 range and I unloaded them for $5.94. Yesterday I bought them all back at 5.62-5.65. So lets do a little math here. Three times at 50 cent gain for 20% shares above my held core position. Thats $1.50 gain on the 20% of the core position meaning I lowered my real cost of the core by about 5%. This last time I only managed to have about an additional 10% above the core and offed the shares for only a 30 cent gain. Not so much but still a reasonable gain and already have the shares back. If the price goes down a bit from yesterdays prices I buy more. If not and it goes up soon I would sell them at $6 + range.
Maybe not a lot but still much better than wasting my time complaining about Dr Missling not pumping out PR.
Again thanks to 123Tom, Xena, Citral and others for their charting. And of course a big Thankyou to Falconer, Dadomarcmax and others for their opinions and explanations of the science behind Anavex.
John k9uwa
JohnJeanAntiqueRadio
Someone put a line in the sand. 63,400 looking to buy at 5.80
John k9uwa
no question about it market makers messing with the prices. I put in another order to sell 10 shares at 6.01 and although the order is standing it never showed up on the ask. Ask still showing 6.02
John k9uwa
There I fixed it. Bought 50 at $6.02 Fill or Kill and it bought. Lets see if the MM's take it back down again.
John k9uwa
RE: "[The silence is deafening]" Personally I like it better with NO NEWS. Everytime Anavex puts out some news we get a plethora of Hit Articles. Better I think to wait until they can blast them with enough REAL NEWS that the short and distort group will be worrying about saving their own skins if they have any left and end the crappola articles.
John k9uwa
re: Preferreds not going through. What really ticks me off is that the vote was 9 FOR and 1 Against. The problem being the people who didn't bother to vote. We barely got the shareholder protection plan passed and it was 10 FOR and ZERO Against. Which was barely enough to have 50% of the possible votes actually voted.
People who never bothered to click on their brokers that they wanted to receive Email notification for Voting their shares of all stocks. Once that is done you get an Email for each of your accounts And it takes maybe 10 seconds to click through the process of voting. U who didn't bother know who you are.
John k9uwa
Yes Tom your correct. My License date is 1959. So 50+ years in the hobby. Amazing the technology advances over that time period. Lots of fun over all those years.
Today we are up a bit. Either due to yesterday being a bit over done in the down day due to whole market. Or it just bouncing off the support level. Either day good enough for me. We need another cautious careful big buyer and we will be well back over $6. I nice bounce back down around 6.20 or so and I will again dump the trade shares. Bag some bucks and be ready for the next one. All the while keeping of course the major wad of old shares while waiting on some real news that will come one of these days. Whenever Missling decides it is time.
John k9uwa
JohnJeanAntiqueRadio
Yes Tom I pretty well understand how it all works. First let me say that Trade Shares to me are always on top of my core position. Have held it since well before the reverse split and going NASDAQ. I will buy up to 20% additional above my Core position. I traded the trade shares twice in the 5.50 / 6.00 price ranges in the last month or so. And I did buy some trades again at 5.65 prior to the last move up to 6.30. Had I been on the ball and paying attention I might have sold them there. But didn't. And still with the buy today only a total of about 10% of the core position. So if it drops a bit more I buy a bit more. If it goes up nicely and I can make 50 cents a share I may well sell the trade shares again. It does a couple things. First it keeps me paying attention while we wait for the much bigger UP one of these days. And regardless sooner or later I make some bucks from the trade shares plus my small buying and selling maybe messes a bit with the shorters.
John k9uwa
JohnJeanAntiqueRadio
And I thank them Tom. Grabbed some more trade shares today $5.64. Not greedy here when it hits a bit above 6 again they will be sold. Gives me something to do while we are trading sideways and waiting on the real news. And doing my little part to mess with the market makers. Thanks Tom for your charting.
John k9uwa
Kund what part of WORTHLESS OPTIONS do you not understand? If the share price doesn't increase then all those options are totally worthless. Doc could have 100 million options and they would still be worthless if he fails to substantially increase the share price. Quit spreading your FUD.
John k9uwa
Thanks HessMess for finding that Blackrock combined all their funds into a single 13 listing.
From Blackrock 4th qtr filings.
BLACKROCK ADVISORS LLC 20,526
BLACKROCK FUND ADVISORS 1,057,856
BLACKROCK INC. 1,344
BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. 284,540
BLACKROCK INVESTMENT MANAGEMENT, LLC 126,696
previous qtr total 1,490,962
1st qtr 2017 total grand total of 1,605,252
Blackrock ADDED during 1st qtr 114,290
John k9uwa
Blackrock is sure playing it close to the vest. So far the filed form 13 for their own shares. Last quarter they filed for 3 other funds on Feb 10th. Thats 5 days early. They have 5 HOURS left to file on time for those other funds. Either sold out reduced stayed the same or increased. Should be interesting.
John k9uwa
Can someone with option experience explain CITADEL's reasoning as to why they hold the following? They are first time filers for their long position.
13F-HR CITADEL ADVISORS LLC Long 16,293
13F-HR CITADEL ADVISORS LLC Put 12,900
13F-HR CITADEL ADVISORS LLC Call 29,700
Thanks
John k9uwa
Correct. If Vanguard, Blackrock or another had 10 different funds each with 4.9% ownership they wouldn't be required to file the +5% form 13.
Pretty good chance your right Benny. 11AM and 40K shares traded back and forth among the MM'ers. So real buys perhaps. UP 1.38% = 8 cents price increase. We are on schedule for one of the lowest volume days in recent history. Any buys seem to increase pps. Not many selling for sure.
GLTAL
John k9uwa
During the three and six months ended March 31, 2017, the Company received other income of $2,022,902 and $2,022,902, respectively (2016: $Nil and $571,093, respectively) in respect of a research and development incentive program offered by the Australian government.
whatever the above means? Maybe the previous year of 2016 was the 571K
Anyway you slice it the Aussies are continuing support of Anavex testing in AU Land.
John k9uwa
Jon that is 2M + 2M = 4M that the Aussies have contributed so far.
John k9uwa