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Wonder if this technology award PR will help (any) today?
http://www.nasdaq.com/article/alexza-pharmaceuticals-staccato-technology-receives-frost--sullivan-enabling-technology-award-20121018-01489
LOL...Yeah...My other investments are doing pretty well but, with ALXA it has become a zero sum game. I definitely have a love/hate relationship with this stock.....For all those others looking at this post...Yes, I know I shouldn't let my emotions play a part in investing.
I hate to ask but, why do you think that an update is coming? The volume yesterday (290K)....not so great.
Not likely to hear anything before 21 December. Likely to see wide/wild swings till then.
Yike.....might be a while before you see that again...You holding or taking the losses?
I think we're on the same sheet of music...Like I say, I've gotten into this one for the long haul with my eyes open to the risks. Been a heck of a ride so far though! LOL.
Approval is Dec 21st. I am probably the wrong person to ask about buying this stock....Having gotten in waaaayyy too early. If I was new to this stock I'd probably ride some of the run up to PDUFA or take a reasoned chance (percent of total investment)on approval. Most are saying in the 60-80% range chance for approval. I'm looking for a large post approval gain based not on ADASUVE alone but, more on potential uses for the technology in delivering other drugs.
Again....as full disclosure, I am averaged in this stock at the $7.00 range. So, I'm in for the long haul. AND People have lost a lot of money on this stock due to what I term "Alxa surprises" in the past. Maybe we're past this...maybe not. High risk with potentially high rewards.
You ain't kidding. AH trade....$5.93.
I thought you were waiting on news to be convinced? LOL.
It's still below what I paid for it (so much for early entry) but, I'm feeling MUCH better about gaining that back before FDA date (December).
I thought it was irony? LOL!
I think either of these are "on hold" till after FDA meeting in December. Probably too much risk (for most large investments/investors/partners)because of managment concerns, past history, FDA uncertainty, and of course the ever present "Alxa surprise". I do believe there will be a run-up of some sort and then a mass exit before the FDA meeting. If they receive approval...then it's possible the partnership or other applications are worth talking about. Should be yet another interesting 90 days for this stock. My congratulations to those who got in late and divest/divested early. My empathy and sympathy to those of us who got in too early.....in my case way too early.
My guess is if they receive approval, other companies will be breaking down the doors to make use of the Staccato device (200 identified potential drugs for delivery using this system). Revenue from Adasuve...not so much..My going in position is/was (including significant losses to this point) get the device approved and significant revenues will follow. With approval I expect there to be a slight run up followed by run down in price. At about that point (post approval run down) I expect partnerships on other drugs to kick in. Definitely a risky play unless you're just playing the run up to FDA meeting. Sorry I'm rambling...
Quiet...too quiet...Must mean another ALXA weird surprise in the works.
Analysts still seem to be giving this a roughly 50/50 chance for FDA approval. Looking like (from what I can tell) somewhere between $5 and $7 for the run up and $6 to $12 with (EU AND FDA) approval. Obviously without approval...a big crash.
Split EU and FDA approval in December anyone?
JMP never had this kind of impact before... Another ALXA twilight zone move?
Glad I told my broker to add ALXA to 401K last week. Now if I can just make up my own losses!....Or, is this a temporary condition?
JMP $12 target. More like it...not sure I believe it but, certainly better than $6.00..
http://pdfcast.org/pdf/alexza-alxa-initiated-with-an-outperform-and-12-target-at-jmp-securities
I think my 401K broker was choking (whether with laughter or apoplexy I don't know) after I asked him to add a (very) small position in ALXA. However, he owed me a pass after he talked me into PBR at the high end. LOL.
I actually broke my own rule and added a small ALXA position to my 401K. Will I never learn....
Seeking Alpha article... WBB Target 6.00...Certainly not enough to cover my losses. Think I'll imagine the Yahoo Target of 12.00 as long as I'm dreaming.
http://seekingalpha.com/article/777701-wbb-securities-recommends-alexza-pharmaceuticals-as-a-strong-buy?source=marketwatch
Believe that's fantasy versus optimism. Based on the lack of messages on this board lately I was feeling a bit like Tom Hanks in "Cast Away".
Women, children and ALXA longs first!
Not exactly the most stellar investment I ever made either...So 6 more months of this, with $40M in dilution to get them through? So back to the $2.50 level (0.25 pre R/S level)?
Yeah...another tumble tomorrow.
Eventually I'd like to look semi-smart for buying this stock..... and getting killed...and averaging down....and getting killed ....and averaging down...LOL! I am definitely more optimistic than I was in May. Just going to sit back and watch for now....
Believe you're absolutely right on target. Should get them through FDA decision......whatever and whenever.
Ouch....Hope it gets there for you.
At least we're closer than yesterday! Close being relative.....LOL. Have a good weekend...Now we sit tight for a few weeks.
The drama continues....I love the trials and tribulations of this stock.. the stock price...not so much. Longs here are definitely a breed apart.....or, like me in the hole so much it makes sense to hang in there! GLTA......Average price 0.79 ($7.90 now) here.
Ahhhh...Maybe I'll be glad I hung in there?
I hear all this innuendo about King as well but.....Until details about the CRL, deals for Europe, etc., are made public (if ever) it (malfeasance) would be hard to prove. Even if details are made public (doubtful) I suspect the language the CEO chose for public statements would make it difficult to build a case. A good example of this are the statements released after the FDA review which are broad enough to leave a significant amount of wiggle room.
I guess the other thing that bothers me is that he (King) has been with the company so long that I suspect he'd hate to see it (surely we should give him some credit) go into bankruptcy? I could be wrong (again)but I know I'd hate to see something I worked so long for taken apart. That said, it may be the only option for the company unless we get another Alxa surprise.....and these Alxa surprises are so far....not good for shareholders...
I'm going to hang in there a while longer....Against my better judgment.
So...is this the calm before the storm? I think Management will have had time to meet with FDA before the end of June? The question is, will they release yet more bad news as a result, or just continue in stealth mode and watch the stock price erode? What has happened to all those "Strategic Options", which have so far done (less than)nothing for stock holders?
Apparently this was a required (due to the terms) sale according to someone on yahoo message board. Take it for what it's worth.
CEO (King) selling shares (65 K shares at .3381)? Not a sign to inspire confidence I would think, although it may be some kind of tax move. He's still carrying a pretty good number of shares...
http://phx.corporate-ir.net/phoenix.zhtml?c=196151&p=irol-sec
LOL...Yeah, with this stock, 0.0045 in the plus column is not exactly heartening....But, I'll take it...Of course the day isn't over and this may be an aberration.
Stock up on R/S vote? Okay...call me surprised.....again. Pleasently.
One can only assume this vote will mean a continued degradation of stock price today even though the R/S hasn't occured. But, Alxa has surprised me before...usually unpleasently.
Anybody know what came out of stockholders voting yesterday? Haven't seen any postings.
Wonder if anything unexpected (like FDA status update) will come out tonight?....Nah!