Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Article just out "Biotechs with Ground-Breaking Potential
What's the problem - is Missling making it difficult for you to make money shorting this stock? Perhaps you should just cover on Monday morning.
On Sept 28, Anavex announced that patient "enrollment" for Phase 2a had been completed, which implies the last patients to enroll would not have completed 2a until mid-to-late Oct, which is consistent with your observation. Thanks for keeping us accurate.
He's referring to AMBS. They're tied to the AVXL P2 trial.
Uh...I think your chart is upside down.
I thought I saw somewhere that Dr. Missling had a connection with Pfizer. Does anyone recall the connection?
Here's what I found interesting in the article:
"Other big pharma companies like Biogen (NASDAQ:BIIB) and Eli Lilly (NYSE:LLY) have been struggling with their Alzheimer's research. Biogen saw a setback with its Alzheimer's drug in the phase 1b trial, known as the PRIME trial. This is because the company saw good results using its 3 mg and 10 mg of its drug, but failed to produce similar results in the 6 mg dose cohort. The drug was shown to reduce amyloid plaques in the brain but had no effect on cognition like Anavex did. Eli Lily saw some good preliminary results, but they tested their trials by comparison. That means they took one of their phase 3 trials and compared it with the other. They looked at patients who took treatment early compared to those that took treatment afterwards. If you want to pick a winner in the Alzheimer's space then Anavex is your best bet based off statistical results to date."
LOL - yeah, I was expecting another bash but instead got a pump. Even some of the shorts (the smarter ones) are now signaling that it's time to buy now.
Thanks for making me laugh, shorty!
I agree that it's not fully accurate and doesn't show everything, but from what's been reported, it shows a huge drop in shorting since Nov 10.
If the shorts were in control, we wouldn't have seen green all day. Perhaps you should go back to making more of your laughable charts.
I'd rather not say because I don't like giving advice as to a price for when to buy or sell. I have a considerable number of shares as do many others on this board - started buying last April when it was $.27-28 pre-split. I still have ALL of my shares and will NOT sell them anytime soon. I've traded many stocks, but not this one - there's way too much upside to remaining long and patient. And given this stock's history and Dr. Missling, I know the unexpected can happen at any time - very MUCH volatility and upside potential to be trading and left out in the cold when this jumps. I've seen this happen too many times to many traders on this board. One day they're pumping it and the next day they're bashing it.
Thanks Tom - if I'm reading this correctly, Friday's shorting shares are less than 20% of last Tuesday's amount of 1.6m. I suspect today's is even less than Friday's. This indicates the majority of the shorts have left with a few stragglers left behind or just haven't covered yet.
Tom, we can agree to disagree, but the fact that the bulls were in control most of the day is something that I find VERY encouraging! Not something we've seen for several days - they're starting to get momentum! If the shorts were in control - why would they wait until the end of the day to throw everything but the kitchen sink? They can only push this down so far.