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What a system!!
I just watched a stock go up 50% on good news and now down 7% on shorting and manipukation. Just bothers me that retail is always fleeced. Ivan
It wasn't the people on the boards, I have been doing this for 7 months Avxl was my second bio. Was up 250000 and watched it all evaporate because I had "faith" in the data. Comical. I know better now. Now down 6 figures on paper. This bio capitulation has been a brutal trial by fire.
They halted so they could sell and short it back down? Ridiculous!!
It completely retraced. Goddam shorts!!
It was halted!!??
Your reticence is understandable here but don't you think it is different circumstances. They can now make the drug. Before they couldn't. Once they found out they could make it. They sold patents to public company, states they were moving forward with concurrent phase 1's. The last hurdle is financing. That could be a negative but not sure how once clarity is ascertained there.
Me
Neither. I have 20000. Let's do this!! I actually feel like the sector is at it close to capitulation. Plus I think the MM's will hopefully want to run it up in February. Simply makes sense considering where it is. Ivan
Got to wait til february filings. But it might be too early for them.
You adding here for the likely Avxl run?
Need news to bring new buyers. This thing is all Locked in at this point. Nobody selling and nobody buying. Need movement for share price movement
I guess you are not an owner here??
I was just teasing. Long and strong!!
Agree on all counts. My concern is they have a lot more debt than they did before and they didn't need to take 12 million for patents. They owned them anyway and just reassigned them. They added a lot of unnecessary debt before looking for equity partner. That wasn't great for us!!
It didn't!!
Powerball is about right in bio land.
They stated that shoud have phase 1 up and running. I believe that it is 2kg. That PR should be in Q1. As always the question in bio is financing. And on this. Only they know what they are planning and how they consider shareholders in this
As an aside they we're never able to make the drug until
Now.
Nobody invested!!
Between what 2? Don't know what you are saying!!
Sell or buy?
That is incorrect on sbfm. The first manufacturer failed to be able to make the drug in quantities sufficient for phase 1. Lonza just accomplished recently. Drug will be delivered Q1. So sbfm different than biei. Adva-27 is a TOP2 with a known mechanism and predictable safety profile because it is a known medication. It was tested preclinically identically to etoposide with superior efficacy.
I have 50000 Tpiv. Already.
Aren't they pennies because we are super early? And nothing is proven until FDA approval. Just look at Srpt. Bio is a total loss potentially in many if not most stocks. Just about the science and management. At least we have the science in both and management in one
Thoughts on this crude?
You are probably right for today. We shall see in a couple of weeks. I got in because it was down 99% and has some really good products likely to approve. And that would mean a Mc far higher than here. They day to day debauchery in biotech is what it is. Ivan
Me yiu re saying that all those 25 million shares yesterday including huge block buys had no idea that R/S announcement was coming? They always know
Bouncing off support always means something. And high volume Pm is not meaningless
We shall see. You may be right. But the R/S could be a standard practice and ploy to get rid of the shares before approval as well. Or do you think these things operate on the up and up?
Why did it bounce so hard at .20 then?
You are either selling today and rebuying or holding for
The approval. These day to day decisions rarely mean much in this kind of stock. I have a small position taken at .20. Not worried. By April. I will be significantly green!!
The warrants out us at .20 and a lot of people that are more powerful than us want it above .20
Yes we are!
Resistance or support!!??
I always think that is a possibility. Also. Huge block buys 100 million shares. Like the Mm's didn't know this already!!
I really don't understand the point of this none. It will open down 50% so I am
Just holding. I didn't get in until .20 last week anyway
I
Can't stand small bios! No care for shareholders!! Lol
Why would
It
Break? This
R/S gives the short cabal
All
They need to
Run this down
You keep saying that!! Hopefully you will be right eventually. Lol. Ivan
Oh please!!