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"I predict the market will be flat tomorrow" Almost all of us agree on that statement. All except TotallJones he thinks we will go down tomorrow.
John k9uwa
Yo Total me thinks your in for a real surprise tomorrow.
John k9uwa
Interesting very small bids. As Of 11:30 so market only open 2 hours.
Last price $3.66 down -0.0700 (-1.88%)
Bid 3.68 x by 900 shares
Ask 3.69 x by 1800 shares
Volume 140.75 K
Volume at 140K is very low for two hours after normal open time. Most Likely there is a BUG in our ASM
meeting this morning. As soon as they find out what happened in the meeting then perhaps we will either see upward or downward
shares trading hands?
John k9uwa
re: Ern and other super responders. A couple years ago I spent a couple days looking for followup information on the super responders. The only one I did find something on was the lady who wrote books. She did write a new book and had it published 3 years after that Television Interview took place.
John k9uwa
abew4me Your 2 questions are all that we really need answered. You hit it 100% for what is IMPORTANT.
Your 2 questions were:
"1) Did you apply for Accelerated Approval with the EMA?
2) If the answer is "yes" to the above question, then ask them ...what was the approximate date that they applied for Accelerated Approval?"
Thanks
John k9uwa
Thanks TRED Popcorn in hand for the last 1/3 of the movie!
Thinking back about our FDA How many of those advisors QUIT "took a WALK" when FDA approved first MAB. Black Box warning and the uptake has been very slow as most Doc's won't prescribe MAB. Comparing FDA to EMA, EMA wants Anavex to submit for full approval. Back someplace in our trial it was found that some had a dizziness and by taking the dry pill just before bedtime no dizziness issues and they slept better. Tutes increasing their shares. Now we have a Director buying shares. He now has a total of 5,000 shares. I own considerably more than he has. But at least he is a director buying shares. Anavex has posted info for mods to our FDA for their updated methods of dealing with ALZ. Sometime ago I read the FDA's proposed but not yet final.
We have several new members of BOD / Employee's who have great credentials.
Tom so far my "latest Stink Bids" haven't been executed.
We have one member who said YES he will attend the Shareholders Mtg tomorrow. Maybe they will actually give us some real news tomorrow?
LEO that is really funny about DR Horton. Sometime I'll tell you my experience with them.
John k9uwa
"It shows regulators are pressing hard to approve AD treatments. Oral Blarcamesine is effective, overall much safer than mabs." Add the fact that in parts of EU they do not have the required testing facilities that must be used with the MAB's.
John k9uwa
As a followup to my last post. That post shows the increase of Institutions who own Anavex Stock. This post take a look at some major Pharma companies and who owns their stock.
Start with Biogen 93% , Merck 78%, LLY 84%, JNJ 72%, PFE 68%, ABBV 73%, AMGN 81% And the same names Vanguard, Blackrock, State Street, Geode are in the top 10 owning those companies stocks. One of these days they will all own large percentage of Anavex.
John k9uwa
Lets ADD to what Red said: First comment a few of us posters to Ihub who complain about our CEO won't mean Beans when it comes to voting our shares. Next part. Institutional ownership increased from around 30% to 39.24% DURING the first quarter of 2024 Jan1 through March 30. During that time our price dropped $6 to $4. Also in Mid March the Ambulance Chasing Lawyers and Adam Fartstain came after us with their hope of a lawsuit. These same law firms and Adam did exactly the same thing to us several years ago.
Those institutions 200 of them kept on buying. State Street Corp owns 7,299,007 shares. They bought OVER 50% of those shares during the first Qtr of 2024. Their AVERAGE PRICE is $8.68 per share.
Blackrock Inc owns 6,645,538 And yes during 1st qtr they sold off 25,000 shares a mere pittance compared to thee 6.6M they own Their average PPS is $7.32.
Vanguard Group INC owns 4,414,682 and they bought 54,034 during the first qtr of 2024 Average Price is $6.85
GEODE CAPITAL MANAGEMENT, LLC owns 1,712,727 during 1st qtr they bought 47,363 shares Their average for all shares $7.93
BANK OF AMERICA CORP owns 851,128 shares During the 1st qtr 2024 they bought 646,190 yes 3/4ths of what they own bought last qtr avg price $7.39
Now something interesting about all 4 of these companies. State Street, Vanguard, Geode and BAC have OWNED ANAVEX shares since Q4 2015 Blackrock first bought Anavex Q2 2016. Those five own 24.4% of Anavex. The other 190 institutions own 15% of Anavex.
I also have owned Anavex since 2015. And yes us RETAIL still own or did own as of 30 March 2024 60% of Anavex. There is a good chance that end of 2nd Qtr the Tutes will own considerably larger percentage of Anavex. They are not looking for a couple dollars per share payday. Many of them have price averages in the 12 to 15 bucks per share range. None of them are here to gain a couple dollars per share. They know where Anavex is going and they will stay there until they get a drug or drugs approved. So who is buying these days? Smart Shorts buying out of their short position. Smart Institutes buying in and those already here buying more shares.
Those institutions have a lot more ability to find out about a company than the whole collective bunch of us on I-hub and ST.
The Source of the above numbers is Whalewisdom https://whalewisdom.com/stock/avxl If those Institutions wanted Missling gone then he would be gone.
Another interesting tute. CITIGROUP INC First into AVXL Q2 2016 they have 571,645 shares. They bought 468,957 of those shares 1Q of 2024 That is nearly a 500% increase in the shares they hold.
The majority of these 200 institutions are sure that Anavex will bring a drug to market. Otherwise most would not be here. They are increasing their ownership in Anavex. Sorry they don't have to file their 13F/D/G's until 45 days after the end of the Qtr. Some will file early by mid July you will see a few of them reporting.
I'll take the silent word of these Tutes over the bunch of Fudsters on Ihub ST etc. For those who think Missling could care less what the price is of Anavex Stock.. think about this. He owns 1,250,210 shares. At $4 thats 5M. If the price goes to $40 as predicted by a couple analysts then his shares are worth 50 Million. As to WHEN this will happen? Don't ask me... I say it will be in Due Time. Many of us want it yesterday... we have friends relatives and would like to see it happen for ALL the patients of CNS diseases.
John k9uwa
Pe-Market this morning 9:28AM
Last price: 3.8203 up +0.0703 up (+1.87%)
Bid price by size 3.82 x by 24400 shares
Ask price 4.00 x by 300 shares
Volume 620
Looks like the buyer for 24400 shares got their shares. 9:33AM
Last price: 3.79 x 100 shares, K up +0.0400 up (+1.07%)
Bid price 3.72 x by 1100 shares J
Ask price by 3.80 x by 300 shares Q
Volume 37.28K
9:35AM only 2K more shares bought and price dropped to $3.72
volume 39K shares
at $3.73 I bought a few more shares
John k9uwa
"FDA gave Lilly unanimous approval" My Brothers friend who's wife was in the Biogen test. She is past her 18 months with some slowing. Now she is going downhill rapidly.
John k9uwa
Hi Xena
direct from my broker as if I was about to place an afterhours bid. I thought about it.
17:50 Afterhours...
Last Price x Size / Exch
Last price: 3.7384 up +0.0384 up (+1.04%)
Bid price by size 3.68 x by 1100 shares Ask price by size 3.74 x by 200 shares
Volume 2.00M
No phone call to me from Anavex. I already voted. Voted NO on a couple items.
John k9uwa
17:50 Afterhours...
Last Price x Size / Exch
Last price: 3.7384 up +0.0384 up (+1.04%)
Bid price by size 3.68 x by 1100 shares Ask price by size 3.74 x by 200 shares
Volume 2.00M
John k9uwa
"I still think 3.40/3.25/3.00 could be targets in play" I can see possibilities to those numbers. If we hit them will pick up additional shares. With today's announcement for LLY the other "MAB" but only for certain patients. And only good for 18months treatment. Probably from there it is down hill quicker. Same as Biogen's MAB. Add in the other complications for patients taking those drugs. Many Doc's not interested in giving it to their patients due to the Safety issues. LLY up a bit today. None of these have the safety factor of Anavex. So Doc Miss get off your arse and get the MAA filed. Hi Pogue a play on your words. FDA crying for a fix for ALZ. Perhaps not as much as EMA due to lack of the other facilities needed for those taking the MAB's. I wish it would be NOW but realistically looking at it.. more like as LEO and I end of Hurricane Season.
John k9uwa
"powder" earning a safe 5%+" Yes, moved considerable amount into "fixed 5%" about 6-8 mos ago. Election scares me. Nuff said about that one.
John k9uwa
"dry powder around" look at the detail for today looks like 270K shares $3.78/79? bought MOC Market On Close. Someone Sold those shares. Either sellers or the Market Makers even if they had to sell short. I paid less for the shares I bought a bit earlier. $3.735
John k9uwa
BDR for every sell there has to be a corresponding buy. Today for us a down day. OK so buy a few more CHEAP SHARES and be happy.
John k9uwa
Nice Irish name you have.
John k9uwa
Tom's numbers working well. Bought some today at $3.735
John k9uwa
"No one mentioned anything about Russell." now that is BS. From the list of postings look near the top. Put the word RUSSELL and you will see all the posts mentioning Russell. Lot of scare about Anavex being thrown out and horrors big sell offs by the tutes. Most everything you post fits in same category.
John k9uwa
"The blame game! From George to Misslings hair!" Nice moniker. My Ex is my barber Free Haircuts!! And it doesn't look anything like Missling's hair.
John k9uwa
Ditto on that one Chris. Years ago Missling stated that All major announcements would be presented at medical conferences.
"No actually a great time to announce an acquisition or partnership would be at AAIC which runs from July 28-August 1. Or at least the peer review. Will it surprise the shorts? I hope they have something planned for us and not the same old tired presentation."
John k9uwa
" it truly is a gift if you believe" Yes Tred put ME in the group who bought more shares over this last couple months. First mid March it was LAW SUIT. SAME Biotech Journalist, Same Law Firms as back in 2017. No we are not going to be kicked out of the RUSSELL like a bunch of the Fudsters Shorts have tried to convince us to sell and get out. SCREW-EM all. Not leaving but adding. The TUTES are increasing percentage of AVXL they own. If the TUTES ADD then I should also add.
above is my opinion. YMMV
John k9uwa
That should put to bed the comments about Anavex being dropped out of the Russell .... So that also tells me the 2.1Million bought a few days age as MOC Market On Close and Friday looked like someone bought 179K MOC.
Currently Yahoo Finance shows this for Friday including the afterhours. Most interesting.
June 7th 2024
Close at 16:00 EDT $3.8700 -0.1600 (-3.97%)
After Hours 16:00 at 6:40 PM EDT $4.0300 +0.16 (+4.13%)
Looks to me like the Fudsters and Shorters need to be buying their way out before they lose the gains they have now.
I missed the $3.87 but did buy a few more shares at $3.91.
George is our Cheerleader. He also has been around about the same amount of time that I have been here. George finds tidbits that perhaps would have been missed by others.
Have been in AVXL since 2015 not likely to leave anytime soon
John k9uwa
"if the price is right buy" I did buy more shares yesterday in the $3.90's. Yesterday's post re: The RUSSELL. That link takes you to the Deletions upcoming for all the different forms of the Russell. Anavex was not listed on any of those forms. Monday they will post the Russell final delete and added companies.
John k9uwa
I do not find ANAVEX in the lists of deletions. This is preliminary list so follow the updates based on the rules and dates stated below.
The only date not yet passed is Monday June 10th.
https://www.lseg.com/en/ftse-russell/russell-reconstitution
The 2024 Russell Reconstitution schedule is as follows:
Tuesday, April 30th – “Rank Day” – Index membership eligibility for 2024 Russell Reconstitution determined from constituent market capitalization at market close.
Friday, May 24th – Preliminary index additions & deletions membership lists posted to the website after 6 PM US eastern time.
Friday, May 31st, June 7th, 14th and 21st – Preliminary membership lists (reflecting any updates) posted to the website after 6 PM US eastern time.
Monday, June 10th – “Lock-down” period begins with the updates to reconstitution membership considered to be final.
Friday, June 28th – Russell Reconstitution is final after the close of the US equity markets.
Monday, July 1st – Equity markets open with the newly reconstituted Russell US Indexes
John k9uwa
The 2024 Russell Reconstitution schedule is as follows:
Tuesday, April 30th – “Rank Day” – Index membership eligibility for 2024 Russell Reconstitution determined from constituent market capitalization at market close.
Friday, May 24th – Preliminary index additions & deletions membership lists posted to the website after 6 PM US eastern time.
Friday, May 31st, June 7th, 14th and 21st – Preliminary membership lists (reflecting any updates) posted to the website after 6 PM US eastern time.
Monday, June 10th – “Lock-down” period begins with the updates to reconstitution membership considered to be final.
Friday, June 28th – Russell Reconstitution is final after the close of the US equity markets.
Monday, July 1st – Equity markets open with the newly reconstituted Russell US Indexes
Down enough $3.92 bought a few more shares.
John k9uwa
Doc may well be correct or partially correct? Don't forget a large number of those Tutes are not index bound. And all of them have lots better chance of finding out information than a hand full of us Retail on IHub Stock Twits etc.
As to the MAB's ... Lots of doctors want nothing to do with them.
John k9uwa
"Anavex shares are being acquired by smart money" End of 2023 200 institutions owed 30% of AVXL. End of first Qtr 2024 They owned 39.3%. Keep in mind the tutes have to report within 45 days AFTER the qtr is over. So final report date was May 15th by they must file their 13F / D / G forms. At that point 39.3% owned by 204 Tutes. So now we have all of April. all of May and eventually all of June. We will finally get that report July 15th. A few days ago we had a 2.1 million share MOC Market On Close purchase. The Marketmakers must buy the MOC orders. If they don't have enough shares to cover then they have to go short to fill the order. Next days of course they will try to get the price down a bit so they can cover their short position and make a some bucks while they are at it.
John k9uwa
MOC again interesting. Xena if you would post all the trades from 15:30 through 19:00. Looks like a spike in shares traded of around 170K $4.16 the MOC price. Then some shares traded at $4.00 Then back up to $4.16 and later down to $4.06 not much volume except the 170K shares traded at 16.00 MOC.
John k9uwa
"The assessment of a marketing authorisation application for a new medicine takes up to 210 'active' days. This active evaluation time is the time spent by EMA experts to evaluate the evidence provided by the applicant in support of a marketing authorisation application." Active Days are "Work Days" Take out weekends and holidays your not far from 1 year. And this assumes no Stop Time for the clock 1 and 2 points.
The above is from a google search. Many times it has been said it takes 10 years to get a drug to market. Since I have been here since 2015 I guess I have 1 more year to wait. My regret of the length of time is for those who could have been helped but now it is too late for many patients of ALZ, PD and the RETT girls.
John k9uwa
The way I would like to hear it. Yes we have filed. Our application has been accepted.
John k9uwa
I think your correct Leo. End of Hurricane Season sounds about right.
John k9uwa
I particularly liked This Paragraph. "The extension phase of the study experienced delays due to the COVID-19 pandemic. The resulting average delay of approximately 41 weeks after the double-blind period led to reduced enrollment rates and a "drug holiday" for participants. Despite these challenges, all efficacy endpoints, such as Movement Disorder Society-Unified Parkinson’s Disease Rating Scale (MDS-UPDRS) Parts II and III and Clinical Global Impression-Improvement (CGI-I), consistently improved upon resumption of treatment."
John k9uwa
Thanks
John k9uwa
Sometimes George comes up with interesting links. See the two below re: EMA requirements and Anavex Looking to hire qualified person to do the Post Authorization requirements of EMA.
John k9uwa
"What is going on?" See post below by SamK perhaps the market makers are attempting to unload their shorted shares before the price goes up? I did contribute to buy some of those 20,000 shares in Pre-Market this morning. I got a few at $3.96. Then a few more at $4.02. Now it is back to $4.06 which was end price Friday.
Last price: 4.06
Bid price 4.02 x by 500 shares
Ask price 4.48 x by 1700 shares
Volume 20.70K
John k9uwa
I would buy that. And be happy at that point. Probably with 40 in the rear view mirror.
John k9uwa
Yes and No George and Nidan. No it doesn't show in the individual list of now 39. However up near the top left it shows.
Anavex Life Sciences Corp. Common Stock (AVXL)
Volume:
3,048,229
52 Week Range:
3.25 - 10.45
High/Low:
4.03 - 4.22
So the Total for the DAY is still 3,048,229
Beats Me but Someone Bought and Someone Sold 2.3M shares Market On Close.
John k9uwa
Excellent all around. Glad Xena posted the amounts and times. Maybe Monday might be interesting.
BTW, Leo NC too cold. Me SXM, AUA, CUR, MBJ, STU and a few others 26 yrs
John k9uwa