I'm a trader however I do believe that this gem has some serious potential. I'm in a out of this stock on the regular but to come onto a board a make false claims about the financials to me is non-sense. The fact is all bio's pre-revenue have deficit. What's more important is that they have serious potential with there science going after an indication where billions are spent every year with only one approved drug. I could be wrong on that one not sure? Oh and the synergy between there drug and aricept is mind boggling! So if it does retrace fine but it will have nothing to do with the financials.

THEY DO NOT GENERATE REVENUE! OMG!

So chief explain to me the financials since you are such a financial guru?

Do you know what accumulated deficit is? When a company has net income it either keeps it as retained earnings or pays dividends to shareholder etc. All the money we raise we use towards the development of our platform.

All small bios have accumulated deficit. All these bios are developmental meaning they are in the clinical development stage. HELLO! We haven't made a profit to have retained earnings. Know what it means before you post something stupid like that!

Another point to make is these companies that are holding the warrants there risk tolerance is far far greater than retails so to assume that they are exercising the warrants and flooding the market with these shares is only a opinion not a fact. Maximun has a price target of 7.00 on this stock which shouldn't be taken lightly.

Correct key take away from that is 6/30. However this is reported in the middle of first page. "indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:
120,446,116 shares of common stock outstanding as of August 14, 2015.

Yea that's been written in the prior filings as well.

Oh I see the 10 Q in middle of first page. FU** Yea!

? 10 K is an annual report

Correct and even then outstanding shares increased like 8 million or so from end of quarter until July 23rd. July 22nd is when our volume started to go parabolic. Look forward to next release or update.

Very true Rwings great observation!

So I guess I will be the first to post about the recent 10Q. Well nothing to look forward to and with little warrants exercised it kinda sucks. However this company has a lot going for it so I'm all in!!

Feel sorry for you! I really do!

What?

Use stockcharts.com however you have to become a paid member for 30 min charts.

1.10 is the 200 MA on 30 min chart. So bounced right off that!

My question Tom is why do you use the daily chart and others like Clay use only the 30 min chart?

I need to become far more advanced with TA. Clay's robotic training course is 300.00 I'm thinking about taking it. I should!

yea tom on the 30 min chart the bears seem to be in control right with a slight descending triangle? Or no?

MJFF is up for everyone to read however mods make sure to put the recent news about patents.

If you have been following level II since we released data two weeks ago or so you will know that pre-market hasn't been an indicator on how the days action will play out. It's been up in pre-market almost everyday however some days we have ended up and others we have ended down. Pre-market is not a good indicator on this one just yet.

No one cares buddy!

You say this why? So far data to date is nothing that the street has ever seen in human clinical trials. So as we draw closer to another data release which could be anytime my guess October then final data in December early January this should continue to appreciate. This is a huge market that lately seems to be getting more attention! My bet is for the moon by years end.

Question what forum or platform allows me to look at the 30 mins charts? Please help anyone?

Same thoughts running through my head. However I know nothing when it comes to patents and how or why they are issued.

Well our CEO was right patent for 2-73 was not a issue according to the news this morning.

By no means bro! This thing went on a massive tear. This is just the pullback it needed. It will settle and continue its uptrend. To much in the way of potential short-term and long-term for this to be a TPIV.

Money back guarantee like last time bra? Hahahaha!

Don't worry we all know on this board who you are buddy! U are losing your A** too!

crazy action today!

close below 1.27 and we have ourselves a bearish engulfing pattern. Yikes!!

just a little late there bro. Oh hell I will give it to you!!!

Whatever happens we will know soon enough. So your expectations for this week are bleak? I believe we do have another down day on Monday however I think Tuesday it's back to blue skies unless we see a complete nose dive on Monday then I would be of different opinion for Tuesday.

I didn't say they were shorting I just mentioned I think if they do they are playing with fire. IDK about the pumpers dumping. I usually get all those garbage emails from those penny stock alerts and not one of them have mentioned Anavex? So what pumpers are we talking about? I just think the volume we have seen the last two weeks is reason to believe that maybe something else is going on here.

Idk what to think? All I know is the volume the past two weeks has been nuts. Something more might be going on? How low will they let this go? With no announcements in the way of further data releases I believe shorts are playing with fire. Also it's anyone's guess what kind of exposure we are getting from other countries? One thing is certain I will be making a call to Christine on Monday to find out when we might hear of anything from Anavex.

Don't listen Rwings these guys always call it right no matter what. They drive Ferrari's and date chicks like Pamela Anderson.

Whatever!

You interpreted his message incorrectly. He clearly states this is the first down day. Meaning the first of many. However this guy is full of bs he states he made over 100% gains even though he sold in the low .80's I believe.

I hope your right but stocks don't go up in straight lines. We have got to pullback sometime and consolidate. But the volume has been insane lately. One thing to note though. On 7/27 we had massive volume of 18,813,606 and closed at .91. The following day 7/28 is when we had that huge sell-off. N for today's volume of 16,397,413 I'm wondering if we once again have us a little sell-off. Pattern on 7/27 was bearish three gaps up and again the pattern detected today was bearish three gaps up. Question only is will the sell-off follow through?