Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
When you see all these horrible side effects from the current cancer therapies -- it makes you think that in 100 years people will be looking back at this and regarding it as being not much better than blood-letting and trepanning to "let the demons out."
We must be exact in all things, otherwise your answer lacks credibility. LOL
So now does anyone doubt that a pump and dump gang has been in action here?
That was 2 good reasons. LOL (eom)
Yeah, thanks a lot TOB, I was eating lunch when I saw that. yeek.
really, imagine looking in your own mouth and seeing that. Psychologically damaging as well as all the physical ills associated with it.
Cancer patients often say that the feeling of loss of control is one of the worst things about the disease, psychologically speaking. If you have Bril-OM, at least you have the feeling that there is something YOU are doing about it, by staying faithful to the regimen.
The FORMULATION is important too. That drug that's fast-tracked for OM is intravenous -- so people who are not already in the hospital will have to go in to a facility that can give them an IV.
With Briacidin ORAL RINSE, they can take it home and self-administer. Huge cost saving for the insurance companies, much much better for people who are already ill and may not be able to drive themselves in for treatment.
On the other hand, one time I took an anti-nausea drug -- it made me sick! LOL
Looks like the end of day short-covering/position-taking has started.
Only The Shadow knows. (eom)
An ideal target for pumper/dumpers is a stock like this that they can ride up and down several times.
Run it up, sell to the people you suckered in, stock drops, disappear, then come back, oh look it's underpriced buy buy buy, stock goes up, sell, then when it drops, cycle it again.
My fond hope always is that the people who do this find themselves out of the stock when the good news comes.
I agree though, this is a much more promising stock than the usual target for these activities. And that perhaps makes it the ideal choice -- because there genuinely IS value here. Having some of the astute investors posting helps the bullish part immensely.
The hot money pumped this stock, now it's sagging. What a surprise, people post ultra-bullishly and then disappear after suckering the naive into buying too high. Hopefully all those new underwater buyers will hang on, and eventually be rewarded for their patience.
That seems logical. I'd think that they would want to use the lowest possible dose since a patient can't help but swallow some amount of it, just by the nature of the way an oral rinse works, and probably the fewer additional drugs you introduce into someone's system, the better.
I suppose it's possible they might try increasing the concentration after the first trial if it shows signs of efficacy but not a large enough gain. Who knows, all speculative here till we get results.
Not enough data points to make another of my fake "predictions" but if this follows true to form, should sag during the day and then go up near the close.
CORRECTION: here is the correct link for the second article I mentioned, which was posted by a different, highly-respected poster, not the same poster as the link that was in the original post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114940767
I would think that human patients will be HIGHLY motivated to be compliant and thorough with the regimen. It must have been difficult to get animals treated with enough of the Bril-OM (and to get it to stay on the tissues long enough without being licked away) -- so maybe it will be more effective on humans than in animal tests, which would be the reverse of what usually happens when testing moves from animal to human.
Just for the record, since lots of people may stop in and just read the last few posts -- I remain bullish on AVXL. The epilepsy drug add a whole new dimension to the company. Alzheimers drugs are so notoriously ineffective and expensive to develop that people roll their eyes and move on when they read about another small company trying something new (unless you're AXON and have all that insider mojo to get a ton of money for a VERY speculative attempt) -- but the epilepsy drug trial should be far less expensive and will have results more quickly.
I don't think the magnitude of this has been fully priced into the stock.
Anyone who is interested in how markets are supposed to work (and how they can NOT work), another board has a couple of good links. I don't feel right just reposting that stuff so here is the link to a post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114941469
I think this is relevant to AVXL because as a penny stock, not on a major exchange, it is more vulnerable to these kinds of things than, say, JNJ or PFE. Knowledge may not be power in this case but at least people can recognize what's happening. (and then sigh)
If you found that link interesting, on that board back up a few post to his other post on the subject.
*sigh* I was just being sarcastic, I was not serious. I don't care one bit if someone is silly enough to believe in gurus -- but when an absurd one is repeatedly touted, it's fair game to de-bunk.
He's a high school teacher who says he has "no professional background as an investor."
http://seekingalpha.com/author/ben-sharvy
And his profession is high school teacher. His posts have a 44% approval rating.
Beyond me why anyone would think that guy is someone to quote. If anything, he's a contrarian indicator.
That's the one concern I have about this stock.
LOL I snorted some carbonated soda water up my nose. I'll make sure I'm not swallowing the next time I read one of your posts.
It sure would NOT be smart to PR on a summer Friday if it can be avoided. I've seen other biotechs (coughCTIXcough) where the stock would trade down all day Friday, and then in the last half hour or even just the last few minutes, boom, up into the green. People didn't want to be caught short or with a smaller position than they would want to have, in case there was a press release Monday morning. So it wouldn't surprise me to see something like that for AVXL.
Does everyone remember that study of life expectancy awhile ago that (to no one's great surprise) discovered that -- gasp -- the very rich live a lot longer than everyone else. Like, into their 90's in decent health. They were blathering about, is it because they have a better diet, they have less stress, etc. --
well, no, it's because the very rich usually get much better medical care than the rest of us (unless you're Joan Rivers or Michael Jackson). There are cash-only (no insurance) medical clinics where the very rich can go. They get things like full-body MRI's that catch tumors at very early, much more treatable, stages. They get TRUE full blood work-ups, and diagnosticians look for any abnormality.
So tell me, do you think that those people are going to be taking a little jolt of Kevetrin every now and then, just in case? I do.
Saudi royal family members routinely come to the Mayo Clinic once a year for check-ups, They even built a special international airport so their private (huge, 757's etc) jets could land. Now Mayo has set up a satellite clinic in the middle east, specifically for the very wealthy clientele (although lots still go to Mayo in the states). Paying for the drug themselves, for off-label preventive use, will be nothing to them. MUCH cheaper than having to come here for treatment -- much better to prevent it.
The average person may not be allowed to have a jolt of K every now and then without a cancer diagnosis, but you can bet that the wealthy will, and not just the U.S. wealthy.
ip_man, excellent move there on the AXON short. I didn't have the guts, thought they'd run it up more. Now that I discovered that there are puts, I will be looking for entry. Garbage stock indeed, they will spend 3 years as a penny stock (eventually), if they last that long before they go to zero.
Classic example of a perfectly legal scam.
And the problem is, if you try to do the opposite of what you'd do, that's wrong, because doing the opposite of what you'd do means you wouldn't do the opposite, so....
my head hurts.....
"We," huh? Excuse me, I gotta go tell my cat to stop laughing.
Yeah that's the difference between something hyped by Wall Street insiders, and something that spends years in the trenches actually developing something that might work.
If axon had options, I would buy puts as far out as I could, and wait for it to become a penny stock. That kind of thing can take a lot longer than you think, when you have connected people supporting it. Much too dangerous to short outright.
Wall Street makes The Godfather look like an amateur.
CORRECTION: I just discovered that now there ARE options. thanks for mentioning this one again, I may pursue this tomorrow.
I just did a little informal research. It looks like the hot money was busy selling their TPIV positions today. So maybe they'll come back here tomorrow. I hope not.
My apologies, wrong board
Yes tom, agreed re TA etc. I wonder where the fast money moved to? LOL
Excellent! Maybe that's why I only got 100, you grabbed the rest.
Today's the first time in 5 days that my prediction failed. That's what happens when you make your prediction on bad data. Should have waited until the additional data points came in this morning before the open.
Well -- if high volume day's action is revisited, as goes the conventional knowledge, now that we've filled the gap we oughta go back up? WHEN is the question......
LOL (eom)
I am very annoyed at having been filled for only 100 shares at 2.75, despite other later trades shown at 2.74. Grrrrrr.
Thanks ip_man, excellent info. (eom)
Yes, ip_man, ALZ is horribly difficult to treat, partially because no one can prove what causes it.
It's the epilepsy drug that provides another pathway for AVXL. If that works, it alone will run the stock price way up.
Of course, if it doesn't work in humans, whammo.
Rwings you are absolutely NOT a pumper. I was referring to those people who suddenly appeared with all kinds of "catalyst in the next week, going to .71 (or 3-4)" posts, and then have just as suddenly disappeared.
I agree with your assessment of the possibilities here.
I hope that any remaining few still reading this board are not discouraged by the departure of the pumper gang. They've taken their profit and moved on, but that does not mean that there's anything wrong with the stock. It just means that the pie-in-the-sky stories of immediate great riches were designed to get people to buy the stock so they could sell their low-priced stock, take their profit, and move on to another stock.
The fundamentals haven't changed here. Either AVXL has a new drug that treats epilepsy, and possibly Alzheimers and other neurological diseases, or it doesn't. If the company makes good scientific progress, eventually this stock will be worth a huge amount. If it doesn't -- back to the horrid low share price, or zero. There are no sure things with stocks that deal with these kinds of neurological diseases.
I think that the early epilepsy results are incredibly promising, but it will take patience to hang on to the stock.
Rwings, I agree. In this case the hype is not totally unfounded (as it is in a true pump and dump scheme) -- the epilepsy drug alone is worth far more than the current market capitalization, assuming it really does work in humans.
Traders try to make the quick buck for smaller profits very frequently, while investors buy and wait for a much bigger pay-off down the road. Both types of people can make money, just unpleasant for the investors when the hot-money traders disappear. Or, worse, short a stock and deliberately drive it down.
I have stated before and reiterate: I am quite long AVXL and remain optimistic on its prospects.
Short-term, the sudden departure of the gang of pumpers indicates that they have taken short-term profits. The sag back will continue until the weak hands and people who bought too high have decided to cut their losses or take profits before the position turns red, as the case may be. Remember that some bought 10% higher than here and that may be a threshold for some to take losses.
It would be great if some of that 5 million share day was because good news leaked. Fingers crossed.
ctix I agree with your prediction (barring a press release) -- "stagnant" is a better word choice than "boring" which I used