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ATH, it is possible the BOD will not "man up" as you think it should because:
1) The members of the Board know the plan and the strategy going forward; you nor anyone on this board knows that.
2) The Board members have seen the full results of all the trials. They agree in principle with 1).
3) They are well aware of TGD's short-comings. His management of 1) and 2) over-rides that concern.
4) Tom Skarpelos is not afraid to pull the plug on a floundering CEO (see Missling's predecessor, Cameron Durrant). He is still in Dr. Missling's corner.
5) Naysayers' success of scaring posters to sell 10K, 50K or 100K over a week's time, is a win for lower prices and its benefactors and indicates a drug's failure. Only, the world's drug agencies will decide a drug's pass or fail. IMO, 2-73 will pass!
Funny, you only show up on beat-down days for this stock, along with several others.
Peace,
powerwalker
Thanks, William. Good to know.
ATH, I have been reading your posts since you came on the board 8-9 years ago. You were never "WGT" as you always had a cautious approach before turning negative.
Rightly or wrongly, I have been a "WGT" member ever since the first trial results of 2-73 were issued in 2015 that showed the "Strong Responders" improved, i.e., reversed their Alzheimer's Disease over the first 31 weeks and all 7 were not using Aricept/DPZ. Continued improvement for them strengthened that faith.
Other results with other diseases have shown 2-73 is better than placebos and current SOC's. So, I stay on the "WGT" side of the opinion line.
Peace,
powerwalker
Here is a status of AD bills in Congress, per my representative:
ATH, you were never WGT!
mrp, I understand what you were going thru last year with a West Point graduation around the same time as the ASM.
However,
Pleassssse!! Anavex numbers were almost 3X better than Acadia's. That we know along with good numbers for the placebo crowd that made p=.067, as opposed to the needed p<.05 that is the sacrosanct number. [If p were linear, a .1 difference in placebo group, might have hit .05.]
Given that, we know nothing else about the Rett trial. There were 77 out of 92 that finished the 2:1 trial and that is all. That is all we know! Most of the dropouts may have been placebo girls as the caretakers did not see any improvements and left the trial, so they could give their charges something, even if it were Acadia's drug.
I would like to think the delay in the ASM is due to waiting on Anavex's and TGD's parts as some newsworthy event might be on the horizon and the ASM is being held up for that. 🤞
But, mrp, on one of these ASM days, I do hope to meet you.
Peace,
powerwalker
So, mrp, when did you go, as last year, you told us you could not attend because of prior and expensive commitments did not allow you to be there? Besides, you did not claim to have attended any previous ones. If you have not attended, how are you able to state, "... a waste of time ..."?
No, I haven't, hnbadger, though I think he is still here under another name. He doesn't post often, but his tone is still the same, as in positive, when he does. He probably lessened his holdings in Anavex after the Rett numbers, but not entirely.
Good morning, bhlloyd. My wife and I attend last year's and met Hoskuld, Bourbon, meds, besides TGD, Clint and the lawyer Parker.
There was no limitation on types of questions or the toughness of them as reported at the time by those MB posters. TGD couched his answers on the tougher questions but did indicate shareholders would be pleased at the numbers for Alzheimer's and Rett.
Mary and I are thinking of attending again (we thought it was worth the trip from NW Indiana), depending when it is held, which was why I asked if anyone had seen a notice about it.
Peace,
powerwalker
Has anyone seen any information on this year's ASM?
Last year, the proxy was issued on April 4th for the May 23rd ASM.
https://www.sec.gov/Archives/edgar/data/1314052/000173112223000573/e4559_def14a.htm
mrp, did he state if it would be a P3 or P4 as Anavex discusses with fda its superior Rett results vs. Acadia's drug (Acadia presents @ Needham later today)?
Has anyone heard of a supplement called "Cognilux"? It makes claims of cleaning waste et al, similar to Anavex, by utilizing certain nutrients.
Did you ask and did he answered any other questions?
Steady, what were your other questions?
plex, that is quite all right. We have all done the same thing ... even mrp, once and a while.
Happy Easter!
plex, it is a draft and has not been approved by the fda. Though it is promising, we won't know until it is finalized and we know how BP is able to flex its muscles, i.e., if we believe it were positive for Anavex, so will BP and it won't like anything positive for Anavex to be adopted by the fda.
Just sayin' ...
Happy Easter to everyone. He is Risen!
mrp, see below re: Annovis statement last week. I would think TGD would want to have data out in the public before Annovis. [Please excuse me if this were posted before now. Underling is my add.]
Thanks, mrp, for that information. From your perspective, it is too bad that wasn't written about management ... but it will be in the end!
"Cheers," is right!! Glad to have you back Tred from your 90 day "sabbatical." Hope you are in good spirits and refreshed.
Very glad you are back.🙂
Thanks, Steady. That is the way I would explain it. If there were value @ $32/share, then the true value must be much higher as these drugs of Anavex are not bolt-on additions, but the real deal directly producing positive results, and possible improvement in the afflicted, in a safe manner.
tschussmann, rate similar to Fidelity. Someone posted awhile back that his/her was in the 12% range.
Thanks for your replies. I don't read all the posts like I did as I'm doing more useful things these days.
Thanks, tschussmann ... we are with Fidelity and it is offering less than 3% last time I looked about 2 weeks ago.
Ziggy, just to keep you current of what some of us know ... other than some option exercising, Anavex did not sell any shares from 9/30/2023 to 2/7/2024 when its Q1 numbers were released. Even after the ped Rett data was released on 1/2/2024, there were no sales thru that February date.
tschussmann, which brokerage firm and what rate are you receiving?
Just for the record on stock sales: Between September 30th (FYE) and February 7 (December 10-Q filed), there were only 54,000 shares issued, which were probably a result of Fadiran's departure. So, for 4+ months, Anavex did not issue any other shares for stock sales.
It will be interesting to see the numbers when March 10-Q is filed in early May.
What signal?
If you read this board often, you know that when Talon and John K emerge from long silences, the "quiet period" issue is raised as to why no PR's ... and still no news. This isn't about SEC-type "QP" rules, it is about a MB posters making claims with no basis.
nidan and Talon, there is no quiet period. If there were, then TGD would not have been present at Cowan on Tuesday ... and one did not start after that meeting. Just normal silence.
There is a lot going on behind the scenes, but nothing that would be called a "quiet period."
plex, how was Dr. Grimmer's presentation?
Peace
mrp, I thought he was very pleased with 2-73. It was one of the reasons he was invited to the SAB … and hasn’t left.
It is Grimmer, not Sabbagh, tomorrow in Europe, mrp.
mrp, do you mean this?
Biogen Surges On A Setback For Eli Lilly's Rival Alzheimer's Treatment
https://finance.yahoo.com/m/c59df32f-a373-340b-a4b8-563f1e5e8f48/biogen-surges-on-a-setback.html
Thanks, for answering the question, which you didn't ... only throwing out more 💩!
Has the fda made a decision? I thought it was the arbiter ... here is the States.
mrp, did those other companies cite a few days ago that received fda approval, did they claim "We failed" when issuing their PR's? Of course NOT! They made similar statements that the steps were to visit with the fda and discuss next course of action. Precisely, what Anavex is doing. However, I still claim:
WE GOT THIS and management should start acting like it.
ANAVEX NOW ... RIGHT NOW ... MONO-STYLE ... for LIFE ... and for ALL AGES!!!
mrp, I'm disappointed that more hasn't been made known to us, but I know it has to do with the strategy of having a transformational drug that will cause many changes in the medical field with a pipeline of other such drugs. I stand by my statement of earlier today:
WE GOT THIS and management should start acting like it.
ANAVEX NOW ... RIGHT NOW ... MONO-STYLE ... for LIFE ... and for ALL AGES!!!
Why, nidan, are you disappointed?
I make sure no one gets in my way as I swim to save from drowning a "Don't Got This" weighed down by FUD. Once s/he loses that weight, s/he will be able to swim effortlessly to the River of Tranquility.
Once again, the fda, mrp, will decide if Rett Peds' trial failed ... not you, Doc, Investor, froll et al.
WE GOT THIS and management should start acting like it.
ANAVEX NOW ... RIGHT NOW ... MONO-STYLE ... for LIFE ... and for ALL AGES!!!
It's a 'mab like Biosh**t's are ... dona*mab, I think is its name.
bas, you have #42!!