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.
Just because he has one lined up or finds one doesn’t mean going to help current shareholders. KB has failed in many ways....he alludes to deals and things to come and month after month just more negative signs. You believe this hoard at these prices would not have picked up any shares and petit stop buying if deal anywhere close? They looking for next 3 years of HOT funding and paychecks. You got the take the blinds off at some pt.
If you hold through your R/S you would need to see an 8 pt improvement to make more than what you would by selling now and taking no risk. Some may believe a pump news item hits after R/S before dilution. If that case could find better opportunity to sell perhaps. If believe shorts are gonna pummel this out the gates and through dilution then I would cut losses now and join the group shorting after R/S to recover some equity back
If 20:1 which I believe will be or 25:1...your 19k shares will effectively become 950 shares at the new share price. You would need to see a 105 pt movement upward from whatever the share price is after R/S to break even. This conceptually doesn’t seem so bad if float stayed same new low levels. But when they have a loaded gun of 75m shares they can use to further dilute it’s pretty much a zero value game for legacy holders. I thankfully took the flags and got out at 1.55 and swung a few profitable trades. What’s concerning is how easily voted for also by board means they believe no other path. Same reason Petit quit buyingsbmonths and months ago when I exited. So that is what you are currently looking at. 7k left doesn’t feel like much but that’s looking at it from perspective of 100k u already lost. On stand alone 7k will always be far better than where this heading for your shares. But again lots of difference in investment perspective has to do with one’s own bankroll and circumstances.
Excellent analysis Bourbon and I believe you are correct. The only piece of puzzle I lack is do they even have anything to pump after R/S?
And nobody thought they use their entire shelf offering as soon as they did either. History is why ppl are nervous for ADXS to have this loaded gun. Best for business not shareholders would be do R/S even if have a partnership lined up or news that would get this over 1$ on its own. If they feel this may be their last money grab then best to dilute a big cash position after the R/S. I think they simply have no deals of significance and their hopes depend on HOT platform and they going to go forward there with new investors money. Another 2-3 years of their salaries paid.
Now the question is will there be pump news after the R/S or will it follow the HMNY R/S of crashing back below 1$ quickly. Would they R/S and do dilution right after? Now time to get ready to play this right for after split
Some shocked by the vote. I knew when they made original request. Last shelf offering wasn’t even close to being rejected either. Plus saying company will go out business without is often compelling enough to see rejections not occur often. Especially without an established Tute with major position. Now they have their loaded gun. I suspect R/S announcement sooner than later. Especially if have some minor positive news to give it some uptick before using enough of their shelf to get them funded for next few years. I’m sorry all and wish could have voted it down. Idk how any of you trusting this board with what everyone experienced with this company in last two years. Just another in a long list of companies funding themselves not through performance but off retail backs.
Here comes the sink going into ASM. Good luck all but I think this BOD and KB will screw the shareholders yet again if they win their approvals
Clearly far more. Was using those numbers to demonstrate a point. That there seem to be more incentive even if have a deal in the works to make this kind of move just because of the pure capital they could raise in comparison to what they get upfront by a deal.
Only way you can explain a company trading below cash value is because it’s baked in. This is why anything short of a cash upfront heavy deal will not move the stock price. How does one attract new buyers to help offset these algos with a R/S and dilution on the table. This is why I also just don’t believe KB has anything close. If he did he would know that it would shoot the stock price up well over 2$ with an announced deal. Can he really be this stupid? May be considering the words he chose to use in the pulling of AXAL. Then I considered the possibility of them landing a deal as the bulls hypothesize here. So considered numbers....that also made me concerned.
So let’s KB knows a deal coming for let’s say 65m upfront....don’t expect them to get more than AMGEN ponied up in their partnership. That’s not really a lot of money. However, still would shoot the stock up to 3$ again. Now let’s say you R/S at .40 25:1...this gives you 10$ a share. Now you release news of a deal after RS let’s say spikes to 20 off back of shorts from news. Then you dilute 75m shares at 18 a share...boom cash reserves for next two years and then some with cushion to spare. So to me even if they have a deal lined up it would make far more business sense for them to execute the R/S, use the deal to pump then dilute. It would be so easy to just buy 5k shares and hope for even 3 pt move right now is almost enticing enough.
So to me this made it come down to trust. The BOD and KB have given me no reason to trust them with a loaded gun again. I just hope they get voted down by you all.
Positive news indeed Blue but don’t get carried away. That is less than a million dollar investment at these prices. To me it shows the situation. High risk but has possibility to explode. That looks more like a calculated gamble than real position.
Blue you have KB and the BOD to blame for it trading below zero value for the science. Nobody here made him put in a request for R/S and 75m new shares. That is the reason it trades below zero. You have to stop also believing anything posted or traded here is going to impact the stock. I actually see these boards as we are the little fish navigating and competing against a crooked system with machines. So I welcome your bullish thoughts because who knows one day it may be reason I take a long position because brought something bullish to my attn. I also value the bears thoughts because it tells me mood of the retail investors in ADXS and helps me better gauge my short approach if they do an R/S.
Yes it would. Which then ask why would they ask for an R/S approval knowing it would keep the stock under bearish conditions if had one anywhere close to lined up? They still have enough cash to get them through their allotted time to get back above 1$. Also the more important thing they are asking for is the 75m shares. Now if you need a cash run way...75m or 500m going to do more for the company? Even if you have a deal lined up you can monetize more capital by executing the full R/S prior. I truly hope you all can vote it all down
Blue so I was considering some of your theories. Does it not after all these years feel like the real plan is to R/S, pump it with some news right after, then use the entire shelf of 75m shares to fund them through HOT? I mean honestly, is that not so an ADXS move? All I know is if I knew I wasn’t able to land a deal and know only toxic financing available now, I would try to load up the cash reserves to give me the runway through HOT, which looks more and more like the last true hope. Because I doubt they will ever be able to get funding again from shareholders after this. Even if he has a deal lined up...would ADXS not get more run way by still allowing the R/S before closing it? I just feel if look at this from this perspective there is a lot of incentive to screw legacy holders because will give them 2 years of cash run to try to find something that truly gains a real partnership or to have HOT take off as expected
Once April hits they could technically file for an appeal that give them 180 day extension for staying listed. Look no further than HMNY for example.
That’s why I don’t believe a deal is close Blue. Everyone knows they can appeal and get a 180 day extension. KB knows if any deal this would shoot back over a dollar easy and no need for R/S. I don’t like any of what’s going on and really hope these losers don’t screw you guys holding hope.
And the run to .50 as I knew. The real issue is ASM is approaching quickly and still no signs of any deal.
The problem with that line of logic for you all is when they first announced the new direction of company. The talked up both NEO and HOT being game changers and more financially beneficial than AXAL being continued essentially. I agree the originally deal was garbage as well. Another ADXS failure when the interest was high. However, they gave no indication they wanted or could afford losing the partnership. Either way hope you all truly get your deal and saved. Bears have no money to make here right now so be happy to see you guys be made whole. Just hope you guys understand how much risk you carry and the large possibility this pos BOD may soon have their final death stroke tool. My question to bulls is at what point having no deal concerns you?
Blue we also said what if they find a deal before they need to use the entire shelf offering. Lots of being said is conjecture but it isn’t baseless conjecture. It’s logical conclusion given what is available. Is it for sure correct? Of course not. Only person knows how full of sh%^ Berlin is Berlin himself. I hope for everyone sake a deal is landed but my question is if one so close then why even put R/S on table and not buy these cheap shares? Sometimes you have to look at the clues that do exist and KB has not shown any confidence in ADXS and clearly Petit doesn’t think it’s value still to keep adding shares. That’s hard to ignore if they just doing for “in case”
If hits .30 will reload for a swing into 2/21. Will exit at .50. See a manipulation going there beforehand shareholder vote.
If the announcement is of nothing material then you all have to see what ADXS is doing. The manipulation is not to get back over 1$. It’s to lock in a higher R/S price. I hope it’s something substantiall, but remember if it was anything substantial concerning NEO Amgen would not have walked away from 65m. So if it’s a PR push of moderately good data from NEO then I would say it’s a desperate marketing attempt to find new partner.
One thing for sure is a lot of stuff is coming to a head. Last year we all have speculated and come to different conclusions. If you sense a scam then sell at a peak before 2/21, short the RS, and come back in after they dilute to give them enough run way to HOT and through 2020. I truly believe their new plan will include shareholders footing the bill for them to focus on HOT as the game changers that NEO or AXAL never became.
Hovocare brought up a significant point not given much attn here while everyone is pushing to vote to remove the board. Such a move at this point will have significant $ and time costs involved. I clearly wanted them all gone long before but the question is are we at the point of no return? If all ADXS could find last time was a guy who took ROSG in a death spiral, can we even expect them to find any CEO worth their salt? Seriously just thinking about these past CEO and the board gets me hot. Just happy I was able to get out with most my skin and in position to bend them back over if they screw the shareholders again.
Good luck all. I actually do hope they have some good news and find a partner. Just because why would we not want everyone who got punked by this company to get whole at some pt. I just ran out of excuses for them a long time ago. Made back a good chunk playing some swings. Now ready to get the rest if ADXS performs the only way they know how....go to the atm to pay for all the continued blunders.
That’s why they should not have even put R/S on the table. Because they always could file and get a 180 day appeal. If you can’t land a deal in that time then what is there really? At least you understand Blue what these bastards are proposing. I actually do hope you guys get a life raft. But if you don’t come short with me when they R/S. Crooks like that don’t deserve to stay in business. Talk about total failure of executing anything. Hell better ideas come from this board than the company’s.
Except KB and board can make themselves whole easier after R/S by issuing themselves more new shares. They also collecting big paycheck from your investments
If you knew stock undervalued. Knew your R/S was just in case and have term sheets about to make a deal then I guess I wonder why you ask for the insulting R/S at all or why you don’t buy 500k worth of shares. Oh wait because your term sheets were just trying to manipulate the best possible RS price. I’m sorry for those who continue to get duped by these losers
Ken already knows I’m ready to short the every possible share I can if they go forward with R/S because also know a dilution will soon follow. Giving the Bears all the momentum they need to take a company that split because couldn’t land a deal back down under 1$. This point another R/S will be rejected. They can file an appeal and stay listed another 180 days and then try to secure the toxic financing. This is the path until the science can prove good enough to land a deal or the management depending on your opinion of the science.
I think if it’s between R/S to survive, and they can’t land deals, they should fire everyone and sell the mfg facility and the rights to the science for whatever they can and return what’s left to what remaining shareholders their are. If they can never get an actual product out then never can help paitienfs as it’s intended. I won’t rehash why I believe KB has shown to be one of the biggest idiots.this is why I bet against him and stay sidelined until R/S. Because the only real truth both bears and bulls have experienced here is ADXS management has wasted 100s of millions and got no product closer to commercialization while eroding shareholder value.
Again I would bounce on any manipulation towards .60 cents and just short with me if you can. Trust me .60 a share looks a lot better than 0. My one big question for remaining bulls....Does it take an actual R/S before you actually stop trusting these bastards? Petit stopped trusting them. He knows R/S coming too so pointless to keep buying beforehand.
I really despise this board and ceo. I really hope u guys are buying options instead of still loading shares if still buying. Give urself some safety. Good luck but KB didn’t care about his shares at his last company. Just how long he collected his fat paycheck to be the undertaker
I hope you all able to vote down the R/S. Idk this group didn’t even care about the warrant holders and I just don’t like the idea of trusting them with a loaded gun to know when is appropriate last min time
Blue and did we expect them to use the entire shelf offering when they had enough run way to find the deal that has yet to come?
I see a manipulation run up to .60 before Feb 21st. Will pull back into .40 range on that day when they also announce their 25-1 split with another dilution soon to follow. If no deal materializes this is what I see happening or close to.
Blue does have a point. Total failure priced in by market already. Not much more to lose on pps anyways. However, does put more resources away and certainly doesn’t speed up the landing of any deals.
We are working on some term sheets....I mean preparing to handle our newest clinical hold. When trade halted was hoping deal for u all. Just more ADXS incompetency
29 days to take off or destruction. Tick-Tock KB you worthless sack of $#^+. Make some of those so called term sheets into actual deals. Stop paying for the company mistakes with shReholders money. Put 500k of your own money towards this if you want shareholders to believe the R/S is for “just in case”.
Never say you won’t buy back bud. You have a lot of knowledge of this company from being in it so long. So if you see an indicator or actual proof something will finally get done you will have an opportunity to catch the wave back up. You also can’t dismiss Merk stepping up in some fashion if data is good. I side with you that I’ve seen no actual confidence even by management but never be closed off to changing position. Only unsuccessful investors remain inflexible in their mindset.
I agree Merk is the possible lifeboat in all of this. However, that data is 1-2 months after approval for R/S. Do you trust KB to show patience?
Just forget about AXAL and NEO. The fact no deals and Amgen walks...just throw those two platforms away as possible saves.
AMGEN got at 8 and watched it go to basically 0 and your plan relies on NEO data being released that is good. So AMGEN walks away from their investment to date and shares and we still expecting the NEO data to be substantial? The biotech behemoth AMGEN who could buy this whole company probably for 500m walks from good data? Sigh
Also a lot easier to say screw when still have a prayer. Then you truly look at zero and wish you saved something. Many books have been written on this and most seasoned investors have fallen victim to this in. Their lifetime. Could HOT be next generational? Sure. Could KB find a miracle deal? I guess but not being able to find partner in last 6 months doesn’t give much confidence. Stay tuned....another week down with no deal
Or if they do an R/S and more dilution
Worst thing about a stock becoming a penny stock is the loss of legitimate Tutes and Hedge Funds. So you never have anyone with clout representing and protecting shareholder interest.
Sell the next spike. Start your 30 days. Short on the R/S. Jump back in when you feel enough runway to HOT. That’s how you can recover and still be a bull. Don’t let this company wipe you out first.
If by Feb.21st this stock is still trading below .60 you have to know an R/S is coming. He is telegraphing this. Additionally, I just don’t see it getting voted down. The argument that hey we need more dilution or go out of business is usually too much to overcome. Not to mention not much oversight on the process either. So rarely see something like this voted down. To get any value from future dilution u need an R/S first as well as obvious need to stay listed according to ADXS. It’s being telegraphed.
Just know your amount of risk goes up quite a lot come Feb 21st and if you are hoping on everything being voted down as your life raft then you must have accepted a potential 100% loss. Which to some they rather gamble against the odds of losses becomes steep enough. That’s understandable but just know that is not how this market will react. So going into the 2/21 date there will be ppl jumping ship with a lot of sell pressure.
I do believe there is one more spike left with volume. I would personally cash out then and you can always come back in 30 days. 30k better than 0. Of course this is an individual choice but don’t say this hasn’t been clearly telegraphed for awhile.
KB are nothing but conjecture and hopeful idiot. You pull ur P3 from EMA then say may not be commercially viable to continue on own and HOT and NEO have better opportunities. Then also say looking for a partnership...look at their actions and the information we do have....if you look you will see nothing indicates any confidence by the company to land a $ deal.
There will be one more spike but I could easily see this touching .15 going into Feb.21st unless there some manipulation to keep price at reasonable level for the split.
Tick-Tock useless KB. We are not dumb and we can see the writing on the wall. Either put up or take what cash is left and sell off science in a open bid and return that money to the shareholders whatever you get. Then fire every single useless employee that collected paychecks off backs of shareholders and nothing more.