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Agree but which shareholders will capitalize from that. Without a short term deal with enough up front cash they will need another dilution. After which they will also be closer to delisting which could result in RS. All this has a very real posssibility before any significant data could push Amgen there. If KB can land a deal then completely different story.
If Amgen felt they had any risk they already would’ve bought them out. I think most milestone payments are data related and later in the trials. I also believe they want to see actual data before making any kind of move. So I wouldn’t be looking at them for a lifeline.
It’s deal or dilution. The longer it goes the more ppl bet on dilution. Its really all that is left to consider here. Data too far off to save dilution.
My number one concern is the science getting outdated or is all the mismanagement allowing others to catch up or pass ADXS on the future. However experience had me sell out at 1.55 and 1.20 and buy at .79 and sell at .96. In just pointing out to both bulls and bears the movements are just the world of manipulated penny stocks. And there is absolutely nothing to make of any move. A deal skyrockets this...longer without one the range will trade lower and lower. Ways to capitalize but do run risk of running into the dilution but also the possibility they land a deal during one of your swing trades. All Longs should be putting aside money to play the swings. At least pay urself for the time value of money while you wait. Can still hold ur full position. Just trying to eat. Back some lost capital the only way I know how with this stock. In my estimations from the last offering you gave about 3 months before dilution comes in my mind. That’s three months of manipulation trading while you wait for a deal. There is money to be made in the interim.
However, I do agree that I’m in same boat KB won’t be able to land a deal. I use to think so but chose to ride with the smart money and the timing of the last offering. To me it told me he has no deals coming soon. I know some believe could be for leverage in deal. I’m not gonna say one is right over the other. Just laying the current situation and trying to provide ppl some way to start earning some money or at least cover the rest of their time value lost holding this.
Btw this BOD and Management are some worst I’ve ever traded in to date. The sad thing is they won’t be the ones that get destroyed financially. They always find a way to make themselves whole. They can dilute all day long knowing that they can also issue themselves a bunch of shares when the dilution is over to cover their losses.
Don’t make much of the movements. I told you guys you are in traders hell right now. Lots of unexplained swings in both directions but never allowed to go past 1$. This is why sold at .96. Sadly have some experience when this happens. Who knows maybe be lucky and be in for a deal when doing next swing trade or my tenth. Without a deal and a resolution to threat of future dilution or RS this stock will stay below 1$. If you are in your betting on KB to land a deal before need to dilute again. The interim price movements are meaningless for LT investors u less you want to play the swings as well. It really just simply comes down to this while you wait
I sold at .96 for same reason I bought at .79. Because no news penny stocks are waved along by the day traders until something actually big pushes it back over a dollar. This will find .70 in its next drive down again. Hopefully in if KB magically makes a deal. However, right now at least can make some capital back in the swings. Suggest even if long you start a position just for the swings. NOTHING has driven the piece except the day traders. Will go back in when they drive this to .70 on the next wave
Considering they haven’t made any real milestone payments, I have a feeling that Amgen is pretty protected in the partnership, that they really don’t have to do a thing but see if the data turns out good. Maybe if it does and ADXS still struggling, I could see them coming in for it all. I’m pretty happy about my little pick up at .79 turning to be a nice little swing play. Who really knows maybe get lucky and catch lightening in a bottle. Gamble Gamble
I agree bat but I’m just done reading about this company or worrying anymore. This is merely like buying a scratch ticket. We shall see. It has been nice not looking at the adxs charts or reading about what POS BOD gets away with. I really do wish you all luck but until something happens this thing is just a bad reminder of what lame leaders can do and get away with.
This stock is too stressful guessing. Bought 5k shares at .79. If deal or something happens great. If goes bad as I expect it’s 4k. Whatever. Done trying to guess. Good luck all of you, now done stressing this
Another thing to consider. If they were expecting any payments from the Amgen deal then they would not have needed to press the offering. So why doesn’t Amgen step in and secure it all? Because they don’t know the results and clearly they feel protected in the deal because the payments are probably result driven and way down the total process. So they don’t really feel the need to do anything but continue with testing and seeing if the data comes out good. Clearly they don’t feel they have any idea if it will. All I know is it’s hard to trust a company when they continue to fail the logic test.
Bat isn’t it crazy where we were and where we are right now? What’s even more sane is with all the tutes gone there is even less protection to retail. Nobody left to push for an investigation. Honestly, idk what to believe anymore. I may just grab 10k shares at .70 and just squat with it. If miracle deal arrives or company sold before further dilution then I can capitalize. If it all continues to go to #%#\! Then I can afford a 7k loss on top of the dinger I already got left with.
The ironic thing was when CTL hit 14 I started accumulating big solely betting on the new mgmt having an outstanding track record. Covered my loses from this and HMNY I suffered (tried to catch a bounce and instead the falling knife). What it highlights is just what a difference good mgmt and bad mgmt can bring.
All I know is this BOD has proven to be nothing but slimey bastards and the one man I believe in left there Petit has decided to stop buying shares. I pray just for everyone that has been screwed here that some deal arrives before more dilution or RS. None of you truly deserve to be bagholders while these crooks get paid to dilute ya.
Hoping can time this right to put a small entry of 10k shares just to ride out and see if something happens. I think this hits .70 before we hear anything. After further analysis their open Amgen contract and cash position should keep this above .60 range with no news. But I will be gambling with those 10k shares even then. I’m ok with that gamble. Maybe add a stop at .50
Companies do it all the time. Based on the cash position, as they should stand....should be easy to say “we don’t foresee the need for any more dilution rest of the year.” Especially after a full offering with no CC. KB saying nothing at all is the only thing that looks dumb as the stock falls lower and lower.
IG, all they had to do was come out and say no more dilution for x period of time. So they willfully enabling manipulation right now? Also if insider buying was full proof it would the gold standard. Too often it’s used for manipulation purposes. There are other ways to make money than the stock just going up.
So what would be your true take on the silence?
i always found interesting he is basically said they going to shelve or partner AXAL because the cost doesn’t meet the benefits. That the true financial upside will lie in the HOT and NEO platforms. Not to mention pull the application we had been waiting 6 months for news on. Can KB truly be this dumb? So someone is going to want to partner with AXAL more after this maneuver? I don’t see it. That’s why I do give some merit to some feeling a deal is still in the works. Otherwise KB is as big of an idiot as his predecessors.
I agree. I guess it wouldn’t hurt to at least restart a smaller position so can capture some kind of deal does happen. Honestly, I just hate this BOD so much. I have a friend recently die of stage 4 cancer. Only got 3 months even with chemo immuno therapy. All I know is if AXAL data correct the entire BOD should get cancer as karma for every life that could have been extended if not for their games and mismanagement.
I care because I still have some equity to get back. No dilution or RS in the cards before NEO/HOT then these values are way low and could get twice as many shares cheap. Just trying to determine entry point again and that’s hard to do without anymore clues.
IG, I can’t remember the last time we been able to apply logic to anything this pos BOD has done to date
I don’t know blue, we used insider buying to create the baseline of a lot of our bull arguments in the past. The shares Appel bought is not really a lot. The truth is the market still fears this. KB has to know this offering was going to make that a concern and nothing. So maybe he has a secret deal in the works. I know I held onto my last 11k shares before the offering hoping he would. I just don’t know anymore. I just wish we had a legitimate institution involved who could investigate all this.
Now let’s take a look at this from a market view. Not the science or fact it is undervalued at the moment. The day traders have entered in droves in last four days looking for a quick bounce up. Watching most boards they all still scratching why not seeing it yet. It’s because a large portion market is asking same things I am. You know how much buy activity and strength be shown if KB came out and said no more dilution for the rest of the year. One phrase and the stock flies back up and ppl wait in new data from NEO and HOT. However, it’s no CC and no explanations. Right after hammering shareholders in a full offering. And their BOD history is not easy to trust. So like me many sit on sidelines waiting to see an indicator. It’s time. With no news this thing could easily take a slow bleed down. At these levels when stocks don’t get a bounce back spike they trickle down as ppl look for better opportunities.
No dilution I would buy 100k shares at these levels all day. However, too much risk right now without more information. So could .45 happen? When stocks get into this range it easily could. Especially if volume dips on no news. Because you don’t have the smart money creating a true support line because they themselves have no idea if a RS or more dilution coming. They already believe no near term deal is coming.
This is what is going on with the stock and will continue to do so until more is revealed.
Ya sold most at 1.55 and 1.10 and now looking right entry and trying to determine if another offering or RS will come before HOT or NEO data. I don’t believe any deal is coming. So ya right now I switched bear and saved me a bunch of money. I explained my reasons and you go on your personal insult tantrums as usual. You can blindly throw money at companies all You want. I have seen enough of your responses to people on this board to see what I’m dealing with. Good luck and it’s not fun to be upside down. Maybe as you mature as an investor you will see no sense being in denial and better to find the tools and paths that get you back whole the quickest. So do what you do. All I know is you would have twice as many shares now for the same value and a tax benefit had you not taken a stubborn approach.
Hopefully won’t have to apply it again, but tend definitely seems on point.
Abu the problem is for so long the market came to same reading of insider buying. It’s speculative and usually shows strength because insiders should have more information than outsiders. The issue is when this became norm reaction you would see it used to manipulate stock or even in fraudulent fashions to finagle more money out of investors. This is why how many shares and how many insiders cumulative becomes more heavily analyzed. 33k shares at these prices I wouldn’t read into one way or another
What bothers me is the lack of transparency throughout. Perhaps reason we not seen an AXAL deal is tied to perhaps true reason they pullled their request for approval. We can make all assumptions in the world but really why the lack of transparency. The act of pulling it was going to send bad signals, but what was the initial review response that had them realize more is needed and to shelve.
Also no conference call with no questions to be answered is another move that just doesn’t make sense. You have to know your shareholders are sitting on sidelines and getting hammered and you really don’t have much to say. Why not come out and say no more dilution this year? Something.
So is it because a deal is in the works? I feel if any deal close they wait for that to close to get a higher offering. I really hate this BOD. Nothing ever feels right. How long we stare at financials and ask why we keep hiring and have all these employees with where we are at. Now there really is no genuine institutional oversight, leave them free to do whatever.
I will say a day trade opportunity could soon arise. Thought I don’t believe any catalyst near term will overcome manipulation past 1$.....I do know there will be some quick swing trades to be made. 4 straight days of red. Hits .70 you will surely see .90 again before any possible dilution or drive lower. Still too uneasy to carry a LT position but you guys may be getting an opportunity to get some of your equity back. Just don’t get greedier than the MMs. Volume should continue to be higher.
Not everyone has a motive. Many know I was bull for a while here. Things have changed a lot and from my view it isn’t pretty. I’m trying to tell ppl why the play was better to sell when I did because I expected the market to act like this. As I expected there was no deal in works when leveraged down with the tutes. What people do with their money is no concern. But as I do take information hear and people’s opinions seriously that I also don’t want people to just go down because can’t accept this was a mistake. The BOD screwed everyone and the only real shot is NEO and HOT in mine and most market mind. That’s a ways away. Take time value money into effect, and the natural manipulation that occurs upon entry into penny land, I felt this was gonna go down hard. What I am trying to determine is do I trust this BOD to not go for more or RS if they can’t secure a deal. This is a big juncture we face and the BOD hasn’t exactly been reassuring they care about shareholders. Maybe stock goes flying up and I regret I gave up. I just have felt for awhile with no near term catalysts (if you don’t believe a deal happens) better to adjust the strategy. Do I want in when NEO and HOT get going? Absolutely.....if Petit stays and if there is no further dilution or RS lined up then absolutely I would be in right now. I just can’t find reasons to believe that atm. So say I’m adding salt to the wound...or maybe just trying to find ways to get our equity back not lose more of it.
Yup and if you listened you would’ve been out at 1.55 and 1.10 and could go all back in now. Can totally see what I have been selling. At least it’s real. Why tell people to throw money at something that has all the indicators of staying down and possibly going down further. Suffer more of your pain? We all did and honestly your incessant need to try to discredit anyone with a bear stance speaks volumes of your investing skills
Also going into penny land changes the type of investing you see. Often a lot of the big block buys are made to just help them manipulate the stock while it rides under 1$. Takes major news to propel it past 1$ because easy to keep it under otherwise via manipulation.
Is it undervalued in terms of what HOT and NEO can bring? Absolutely. However, my point been save what you can and get back in later. It’s not undervalued if you get further diluted . Maybe I’m wrong maybe I’m right. I certainly don’t get personal because someone disagrees. It’s hard to take anyone serious who can only continually present the bull side. Makes them look desperate just to not be a bag holder that you will reach for anything.
I plan to re-enter I just don’t see real indicators to tell me now would be the time. Haven’t been convinced otherwise. Sorry if that doesn’t make you happy.
Everyone says the data was significant. Yet they pulled it and looking to shelve if can’t partner it. So what is missing here? Something just doesn’t seem right about it. That is why I’m starting to question the science as well. Very open to some real arguments how can spin this. It may been expensive but it would have legitimized everything going forward. Why is finding a deal so hard if data so good? None of this has made sense for a long time. Why did the Tutes all run if deal so possible? Why not keep half your position or part of it? I just can’t make any sense of this all.
Fair enough. That is some logical spin on the offering I could buy. If it wasn’t for his previous track record....I just don’t know anymore what to think but I do think the share price reflects that most the market is reading a lot less optimism. I know you all right and if they land a deal the stock jumps and no RS needed. I guess I just don’t see where you guys still believe one can be materialized.
I wanted to believe that too Chemist but they had 40m on the books. Any deal would have jumped the share price considerably. Going for offering then would have generated far more money. If any deal is on the table have to assume it’s outside the length of time that 40m would have bought them. Otherwise they are just the biggest idiots alive
Blue I totally understand your position and I do hope it goes the way you want. However, what more does it take before you wonder if this just been a money grab from day one and always will be. Now others are entering hard into this area and they couldn’t monetize their early entry. This BOD is a total joke and now you have no institutional oversight. Just lame situation and sadly I don’t think the bleeding stops and I don’t think KB has any deal lined up nor cares about the legacy holders. I’m just trying to take emotion out and have been for some time. At some point you have to ask.....what has ADXS actually done to warrant your trust anymore?
For the most part everyone lost here. Both equity and time. The BOD has trashed this company. However, just like people advising ppl to buy and leverage down and that it is oversold, people should hear why that might not be such a good idea. Being bitter about losses doesn’t fix anything. Finding right path to getting even is for most. The ultimate question is: do you trust the BOD not to go for a RS before the meaningful data comes. It’s not a small bet. RS makes it a complete loss. However, if on sidelines again and RS comes can buy after shorts drive it down and be all nicely set up for future with NEO and HOT.
I was hoping the same thing for awhile TJ. I guess I believe if I’m KB, and I knew any chance at a deal within the next 6 months, I don’t go for this offering. I wait for the share spike on news of new deal then monetize it. They don’t need a CC because I think the offering says it all. Sadly I believe KB doesn’t feel he can land a deal. They know they on their own the rest of the way until something in the data makes them appealing again
I think it’s too dismissive to say the stock price is not an accurate reflection of the current state of affairs. There is nothing positive about KB needed to do this offering with 40m still in the bank. Everyone knows what that would do. All the smart money has left. The lead scientist no longer buying shares. Discussion of shelving their platform stage 3 AXAL....so the data is significant but nobody wants? Or is the data flawed or do they know they can’t replicate it? I don’t know anymore. All I know is if even ADXS was positive about anything in the next 6 months then they would’ve waited on the offering. What is KB obligation to even care about the legacy holders. They just did a total reset to stage 1....they will have new shareholders. Even if you are bullish I don’t understand why stay in. Just come back in again later.
Have you owned many penny stocks blue? Now this stock is in full blown manipulation territory and the only way they will be able again is through a reverse split and another offering. So do you really have any trust in this BOD to not do that? Also is there no more time value to your money? Even if they don’t do a RS you looking at a lot of time to significant data and months of continual manipulation.
TJ, don’t you wonder if Amgen even had a 50% feeling that the science was good, why they don’t swoop in now at the cheapest. Why no payment for first dosage? Sounds like once again we bearing all the risk. If any significant payments were near they wouldn’t have went to market now. They would have propped the stock price then monetize it. The timing of this offering implies a ton and that is what I being reflected in the stock price
No short term catalysts, with the possibility of a Reverse Split. Not sure why everyone would exit and just look for re-entry later (if still believe in the science). Or sell and use what ever is left to buy a bunch of calls in distant future.
Also if you still believe a deal is in the works then you are really reaching after this offering. I personally may look to get into some of the swing trading as I still think KB wouldn’t immediately come for the RS. I really hope HOT and NEO are home runs. I just don’t think it matter if they were with this BOD and nobody putting them in check.
They are more realistic than you are now Blue. It doesn’t matter what you feel the science or company is worth at this point. Reverse split is the death stroke to all legacy holders. Doing the offering now suggest they themselves do not believe the share price will do better over course of what 40m could have taken them. If the science is so great why doesn’t Amgen just do a total buyout cheap now? Why lead scientist stop buying shares? Why shelve something that supposively has good results? Why does nobody want to touch it? What will be your spin when they announce a reverse split to stay listed because there is nothing to get the stock above one dollar left on the table.
Zzzalt/blue/etal......my advice is per what the market saying and what logic says. It’s one thing to disagree but to make the claims you guys do that I’m either trying to hurt others with that advice or the other claims you make simply because I turn bear shows how delusional you are. It’s just as irresponsible to give false hope based on same dreams and assumptions you all been using the whole way down. How do I come to the conclusion the science has no current value? You don’t do any offering that puts you in delisting zone and no short term catalysts to keep it above 1$ If the science is good. You don’t take major losses and dump your entire position, if you are an institution, if any possibility at a deal.
Reverse Split to stay listed and I’m sure then my advice was just to try to monetize someone else loss. Good luck all. Delusional investing is how you end up the ultimate bag holder. The science doesn’t even matter if it works because you got reset completely anyways. And clearly can’t sell or never would’ve went with the offering with 40m in the bank.
Good luck all.
Fortunately I wasn’t around during the 30s day or I would’ve never been able to exit with as much of my skin left as I did. You are the forever optimist blue. I’m just done hoping for stuff that never materializes and I just don’t believe they come with an offering unless there is nothing on the table. Like I said it gives them an opportunity at two offerings. The next with a RS.
Blue u do realize the clock starts towards delisting. Reverse split is the ultimate end for every shareholder here. Why start the clock on yourself unless you know there are no deals to be made. Maybe HOT and NEO are amazing....for current shareholders that seems to not matter anymore.