Old Wegmaster from Yahoo Board
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I just found out my sister in law also lost big on ADXS....I look pretty bad....I do believe in the science, it has just too frigin slow and all that time is cash burn and in ADXS case, a bonfire of cash. They lost $280 mill 2014-2018....run out of cash ........offer more stock and dilute. And while were on the slow train, the Shorts attack attack attack and self fulfill their gain. I feel like an idiot retail investor.
They clearly were in panic, prematurely.
Renaissance Technologies LLC is an American hedge fund firm based in East Setauket, New York, on Long Island, which specializes in systematic trading using quantitative models derived from mathematical and statistical analyses. Wikipedia
Assets under management: 110 billion USD (2019)
Founder: Jim Simons
Founded: 1982
CEO: Robert Mercer (Jan 2010–)
Headquarters: Setauket- East Setauket, NY
Did you know: Renaissance Technologies is the fourth-largest hedge fund by assets under management ($57.0 billions of USD). wikipedia.org
This seems like a pattern for years... We have been so short played...
I appreciate you catching this and it pisses me off, but how does that help us LTSH get our money back?
Maybe the VCs will fire KB and the Board and get new folks. Fine with me, though too late for me.
Oh yeah, the train is just around the corner. Be here anytime....the wait has been eternity and the SP says no to eternity. Bummer.
Funny, they don't act like their stock is trading so low. They list Bristol Myers Squibb 2x.
Presentation impressive. Stock performance the worst ever. What a burn for us LTSH. Sad...
I have the guts but not the money any more ;( Getting in and Getting OUT ahead of the manipulators would be the key.
They got the money. Bottom Line. Though at near BK prices. ADXS lives for 6 months until the next cash panic. Something positive would be nice even if it is too late for us LTSH.
Any guesses how much cash is on hand and what timeline is now? Any potential milestones even at our minuscule stock price....?
True enough! We were all just waiting for one good break.
Sidransky, what have you done for me and ADXS lately? ZIPPO! Impressive website, non impressive results!
I am one of the LTSH...hence 89/ share is my breakeven....is that not swell.....right now I am just hoping no bankruptcy... So I suppose completing the offering, however painful is better than the latter...
Raising more money than your market cap....does that mean whoever believes the company is undervalued and is betting on ADXS?
Got a link?
Chem, Good quote. Should be Best of Class....when? 2022 ??
Now what? Good news....how about a partnership?
i have a fairly similar scenario. I became numb and did not bail 4 months ago....so I am prepared to ride to zero as stupid as that is. Emotional investing never works...I get it, not much else to lose.....A hail Mary would be good.
Funny how they are still hiring.
Raj,
Forget money, forget manipulation, just curious, do you think all this patented science can cure patients of cancer? Neo ,HOT, Canine, ? I realize having no money to fund it means No Go, but what a pity to see it go down the drain for patients if good. To see nothing come from it after all us 6 digit losers funded it hurts from a medical side in addition to the painful financial losses.
Raj,
Just to be clear, you actually believe ADXS has good science and that it is just the system that is rigged against us?
Blatant screwing of shareholders has been the mantra. Is lawsuit worth it?
Count me in. I will wait for someone else to take the lead and give me instruction.
Harold, thanks, that is good to know and I only want the best for selfish reasons and for everyone. We are all just pissed about our major financial losses. I doubt I can ever recover.
Liquidator jobs 1 through 6.....?
This is painful day again....
James,
More facts, but nothing interesting for me....we are down .30 after hours. Any conjectures how we survive?
I would love for that to happen. Come on Merck! (Slighty desperate ??)
So we comment on the past and the facts we have. Future plans not real unitl they happen. Is this cost saving announcement good in terms of financial survival on unknown future?
And what the heck does that mean? I have been waiting for the BIG news for years....
Let's put it this way, for them the cost is chump change.
Ok, since ADXS is running out of cash and shorted like crazy.
Is this pipeline in the corporate presentation meaningless? Stuff that just won't get done? Kool aid?
https://www.advaxis.com/clinical-trials-3/
We should be hearing about HPV Partner? HOT something. and Canine seems a step child of the new owner of Aratana.....that was supposed to be the first in the market!
ADXS just never got big enough to withstand the onslaught. Good words my friends.
I agree. Shorts have targeted ADXS for years. They know the dates coming and hold it hostage till milestone dates, then if not premium news, continue the slaughter even without not much different than the company actually had in their plan. Then they get everyone to bail after they force R/S.
Lessoned learned late....we are victims. I pray for a miracle.
Hard Liquor and I don't really drink that much. What gets me is I know that so many of you guys are very intelligent. I honestly don't think many of us thought it was a crazy gamble.
James, I don't know how much you are down, but you are one guy who always provided positive facts of hope. You honestly think ADXS will survive? I always thought you were smarter than me and were very long and stayed in. The race against time is so hard for biotechs like this..... Takes so much long term support and money to ride through....
Bat, This message bd is the therapy center. I sold once, but went back in on the dip later...oops.
Life is a series of tests. We must survive.
Funny how it is up before any "public" info....
ADXS needs like 100 mill plus to get through all these trials?
I lost my inheritance from my father. Incredibly painful and stupid.