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Michelle's guest really knows what he is talking about. When this interview first aired, the word "farce" was in the headlines.....financial farce.
this morning has been a terrific bit of manipulation. (rarely do I use that word in public markets). They ran it up on very light volume premarket with the futures, and just dumped it from the first 5 minutes.....to trap retail longs. Who may end up having the last laugh. My core thesis is the same as yours, regardless of the fake nonsense wall street and DC is spitting out, ..the bottom line is that equities are wildly over priced and main is increasingly going down the toilet with ever worse data......
and this will all come home to roost soon, very soon.
It would not surprise me that this morning was the bottom for the miners and for POG.......unless our core thesis is wrong, which it is not....the bus is way over the cliff and it is accelerating..
at this point, based on yesterday's economic report, the wall street gang is pretending all is well, the world is fine, america's economy is perfect, the debt does not matter....nothing matters, the consumer is holding up strong and will spend his way out of danger.......the general equities soar as it is more extend and pretend. all is well the fed is in control of the world.
bottom appears to be in this a.m...it has been a serious retracement.
today may well be the bottom in gold for a very long time. I am loaded to the gills with gdxj and gdx. Got lucky on this latest swoon in their retracements. The POG 2000 is being tested perhaps for many decades to come as we speak.
The miners are dirt cheap, both gdx and gdxj are superb buys, their companies the cheapest in 4 decades, provided this is a bull market. It has to be, that is my conclusion. 34 trillion in debt is just for openers, and europe is going down the toilet as well, and then there is Japan as well.....The financialzed economies will die, the greed was too much for them, and the new world will arise to take their place. America no doubt will go down fighting, starting wars, but every year or two it seems is a new global humiliations for the americans and their Oligarchs. ...........Gold is the best way to stay solvent, and it will enjoy a premium as an investment...
Hilarious. Making stuff up. All trials successful, all endpoints met because we declare it to be so. If Management said that they are using 80 percent of the company's cash to buy commercial real estate in the most violent areas of NYC of LA or Chicago, where there are hundreds of structures that are vacant or near vacant, ....this board would clap with approval. There is no story or representation to far fetched for them not to start counting their money for their future $1,249 dollar share, price...or 500 dollar share price. There is nothing these people won't believe. When they get smacked with the latest failed promise, or delay or forgotten indication for their solution, all that they say is, "Thank you sir, may I have another." There is a an obvious illness with this crew of longs.
In ten years from now,, when the shares have been diluted many more times and the share price is 35 cents, they will all be thinking about how the stuff works spectacularly and how they will all soon be rich.
no every word of your response is wrong. anybody who uses long term charts that end in 20 years, has not been in the stock market nearly long enough, and managing their own money.......you blunder as an amateur. :You sound like george, with your nonsense word choice..., lolcnn. on another note,
no buyers are in control. RETT a flop, the news as usual delivered late. Everything at all times is hidden, forgotten promises, nothing delivered on time or as represented. ...what should one conclude? That after 14 years Anavex has a staggering new product the world is waiting for? is that the conclusion to be drawn, to the elders here so vulnerable, these elderlly shareholders? This is a sad board, the same ole sad sacks who another age termed suckers. The stock market is not a place to have buddies on message boards. It can be a vicious thing for amateurs. who will lose all their money over time.
This is the way it has always been trading public markets, for hundreds of years. read jesse livermore and learn
January is typically the high point of the year for equities. They call it "seasonality." What is driving the current bloated markets in general is a thing called liquidity. The much delayed recession will get here this year, and the current PEs which now exceed even those of the bloated stock market valuations of 1929, will crumble. They will be crumbling in fact, way before the government tricksters ever declare a recession by at least 8 months. The markets will just mysteriously start to go down and down. This is gonna start soon. and equities which are concept stocks will go to a dollar a share/ This is the way it always happens in recessions. The idea companies liked avxl go almost to zero share price
what won't you believe in? Name one thing.
NONSENSE and DOUBLE NONSENSE! it is all just plain nonsense.
"They only learn who suffer." - Aristophanes.
A show of hands? Who rode this down from 30 to 7? What is that an 80 percent clunker loss of money? I only remind because you all have a track record. Demonstrated and laughable. Now for the new predictions of 200 bucks or more, ....step right up! I note these predictions have come down a tad from 1,249 american dineros. An 80 percent gut punch loss will do that to you....but never fear....the drumbeat of the hopers will get lounder. Until another gut punch. The same 20 guys, give or take retailers.
seniors are particularly susceptible to scams and being taken advantage of. Ask law enforcement. Ask any consumer protection agency. They are easily hustled and conned. For whatever reasons.
who wrote...I..I sold thousands of shares in the mid to high $20s.
Not as many as I did. I had far more than a million dollars worth of AVXL, and well over 2 million dollars worth when it opened at 30 bucks that more. And I was selling in the first half an hour for all I was worth, dumping. And I never use a limit price in these wacky circumstances because the market maker will take market orders first, at that limit price. The problem, as we both recall, was that if you tried to sell 7 or 8 thousand shares at once, market order, it would really hammer the price down like half a bucks or so, so you become the person who is hammering what is left in your own holdings....So you just gotta hold your nose and throw them on the market, 3 or 4 thousand shares at a time...and the stock as I recall closed that day around 26 bucks or so, something like that, and I could not dump my entire holdings, so the next morning I quickly drumped the balance.
And one of the points of this story is that the good investors here are not people now who are longs; they are terrible investors, dreamers. The good investors are the ones who can see something that is ridiculous in the market, like avxl being at 30 bucks a share, and make moves. You cannot be afraid in the market. Every time I get afraid, I do something stupid. Not once in a while, every time..l.....The bad avxl investors are those who post 4 or 6 or 10X per day. They should be in basic etfs and bonds, not this nutty sector, and most are only here because they got lucky once before and think they are now Warrent Buffett and Charlie..
who writes, We are trying to stop a ten thousand year old disease....
this is the size of the problem for investors. .
a crusade more than an investment.
2 guys you probably never saw then were named mantle and mays. compare their numbers to clemente's and you will see a vast gap. He had a better arm (they both had excellent arms), but in baseball you put your best athlete in center. both mantle and mays are up there with the greatest baseball athletes to ever play. I saw a ton of clemente. saw him live at connie mack in his prime. He was great but the other two, there is no comparison. check the numbers they clarify things.
Despite the fact there was no substantive news in yesterday’s announcement, the WGTers are having a field day spinning their wildest fantasies (approvals coming in Argentina and Israel!). Funny how the WGTers have forgotten about all the “near term” catalysts that were published in the May presentation that is still on the website (and a number of which have been listed as “near term” for 2 or more years. “All we care about is Rett!” is the rallying cry
I saw one post here with a guy saying revenues would support a 200 dollar share price. Another guy was called by george NONSENSE, and he flipped out. They did what, fill out a piece of paper after meeting with the bureacrats? and saying they would start a process where a decision is rendered in 16 months or so. Presuming they actually follow through with it, as Missling says one thing, and 2 or 3 years later, nothing has taken place at all....What I did not see at all were people talking about whether the drug passes muster. So this was a message board all hyped up thing, to dump shares. Not a bad idea actually.
a meeting with the Australians. Chris is gonna get some beach time in. If he files down there, the stock will be at 4 bucks before you know it, so I hope it is a vaca on a nice auzzie beach with nice auzzie peoples.
a complete and so obvious Loser Stock. The people here are utterly clueless and delusionals. Themselves sufferers in part perhaps? who knows. They bought an establishment Narrative, per usual....they must be separated from what is left of their monies. This is the way it has always been.. Watch for the legs to get chopped out before year end, again, probably
There is actually a study that says if you do not get your drug approved in about 6 years (give or take), the odds are you are unlikely to ever get a drug approved, ever, as an entire company. Only the truly great drugs get approved, they distinguish themselves very early. The lag is a red flag. Remember, these drug candidates do not begin out of thin air; the companies have tested them and have much data before ever starting an fda review process.
It is an absurd situation where the shareholders of a small company contend that the CEO is purposely delaying or hiding data for a year or two years which, if it were disclosed would herald the greatest medical breakthrough since peniciillen. And shoot the share price up 10 told. That dirty dog! Hiding the data! There oughta be a law. He is such a sneaky dog. Hiding scientific breakthrough data for 2 years!
Can you imagine the price if we get our paper published with the new england journal of medicine? Or The Lancet. To the MOON Alice. When you go with the best of breed, 2 international publications, it often takes a long time, much longer than a second tier or third tier publication. Everybody have patience! Once published this stock will triple overnight or more actually. Even a rumor can make it climb 50%.
actually the XBI biotech index is now firmly in a bear market and in a sustained nosedive. What is more, the Russell 2000, which is probably the best barometer of whether the general stock market is overvalued, has also moved to a solid nosediving bear market. @ its current price,1666 (a great figure for Halloweeners), it is down dramatically from its high of 2470, and is back to its precovid level of april 2020. I say the Russell is an excelllment metric for the overall market because it removes the giants, and especially the Big 7 tech monopoly companies. In fact if you remove just these 7 from the S & P, you will find that this index is negative for the year. (although not yet in in a bear market. So it is not just avxl. Check the rest of your stocks.
So while your observation that Dr. M is no good, but that the general market or comparators are soaring, is incorrect. The general market is solidly entrenched in a bear market, which is not something you will ever hear from Bloomberg, cnbc etc. They want you invested. The market is certainly not looking forward at this moment; it is not prepared for significantly higher for longer interest rates and the coming effects of the interest rate cycle. And Warren Buffet is saying also, that the Market is wildly overvalued, by well over 33%. Just saying. https://currentmarketvaluation.com/models/buffett-indicator.php
who writes: So far, Dr. Missling has successfully funding the company, built shareholder value, and seen every clinical trial succeed.
This is not supported by the facts. How has he successfully funded the company? Because its doors are not yet shut? How hard is it to dilute shareholders? The share price is the final arbiter, and the market, both of which prove that Anavex has gone from 30 bucks on a one day sugar high (it never deserved to ever be remotely that high) all the way back to $5.50, its current price, a failed share price of around an 80% decrease. The best one can say is that he has overseen this preciptous disaster drop but he also oversaw its climb as well.
So, the fact is, after 10 years, and programs still existant, we really don't know how any of this will turn out.
10 years is a very long time, but you will say hey, a decade at the helm is par for the course, etc....
The bloom is off the rose. Had you gone back ten years ago, when the share price was 5 bucks reverse split adjusted, and said the share price would appreciate 50 cents over the next 10 years, there would not be a single shareholder. Even instituitions which blindly throw money at this sector, would have sold.
And measured against true inflation of the last decade, or measured against thousands of other companies in the biotech sector or the market in general, whose share prices have soared, the company is a fail. A failure so far, and the market agrees. These are the facts, not rose colored glasses "facts."
To deny the endless broken promises, and the fact that the market does not buy the company as having made much progress at all (50 cents worth in an entire decade), is to ignore reality as so many LONG GONE shareholders who have lost precipitous sums, have commented. You haven't been around long in this stock, and are willing to forgive anything and everything.
Bottom line is the stock is not lower because of a liquified stock market, where money is everywhere still. The FED has said they were gonna drain the market but that has largely not taken place and in fact as rates have climbed the FED has simultaneously reliquified the market. If that liquidity leaves the market, and if AVXL has not provided the market with crystal clear data, the share price will go much much lower. If you like that investment proposition, @God Bless you. Facts are the facts. The precipitous decline the past 2.4 years in the share price is a fact. You don't get to make up the facts.
They won't even spend a lousy $5.50 , which is the cost of an expensive candy bar on Halloween, to buy a single share of their own stock. Insiders have dragged so much money out of this company over the many years, and yet they all refuse to put a lousy dime into buying these shares, which they suggest to regular shareholders is worth billions and billions and billions. But are they buying a dimes-worth? Not on your life. See the disconnect? A 12 year old could. Hey why don't we all kick in 100 bucks to George, and maybe raise 2,000 dollars and donate it to the Executives and they can buy maybe 200 shares a piece to show they believe in the company's multi billion dollar stable of drugs? I bet if we gave them the money, they would put it in their bank accounts and still refuse to buy. .....Theh anavex shares are not even worth a halloween candy bar, or two. What is with that? 10 years. They must all be laughing and laughing.
Please don’t feed the moron pumper
Reminds me of the Stem Cell Micro Stock craze of 15 years ago, where these little rocket biotechs went from 4 to 30, only to be dragged back to earth over a period of years, as it turned out, stem cells was largely a worthless and pretender technology....These stocks all went back to 4 and then 3, and then 2 and finally mere mere pennies. The know it all former government worker types on this board will lose it all. They cannot function in a free market where they must stand on their own two feet and understand the world. Living in their government echo bubbles, picking up their paychecks, immune from the real economy, from reality. So too with the company types on this board, who are also know it alls....They are actually losing it all. Happy Pumping! I mean Happy Pumpkings...!!!
I wrote about this about 6 years ago, when the bromance was taking place. Having had countless hot girlfriends, I can attest that it affects job performance a great deal. Let alone having a hot girlfriend who is your secretary, or the secretary of your partner. I have always said, hire unattractive women, or at the very least do not hire beauties....and so about 6 years ago, I sold, for this reason and others, vowing never to come back, but I did, during the meme craze in 2021, when for some strange reason that SPECULATIVE MONEY came into baby alheimer's stocks for about 3 months. In fact the entire stock market reached its all time high at that moment.
I sold in july of that year, dabbled in september and sold and never looked back. Because of your posts and DOC238 wise and superb observations and counsel. The story looked jaded, and the sector looked jaded and when SAVA came back with mediocre results, I knew I was right.
It is entirely possible that humans are 5 million years away from ever understanding how a brain cell functions, which means they cannot probably determine its outcomes at this moment, not even a prayer. And don't worry, we won't be around then, and probably won't make more than 20 or 30 years more, so forget about a meaningful drug for alhzheimers for the whole of human existence..
The best and only thing to do at this moment in time, when they are DRAINING THE POOL, is to go to lunch.
After lunch is over, after the pool is drained, then it is time to come back, feeling refreshed, when there is something to buy at far lower prices. That is what E.B. Tucker, he of the great name (sounds like E.F. Hutton), says, and he is a very sharp guy. A guy on here, who has lost it all, always says, "be an investor." Trust me, this is being an investor. Needing "action" is not being an investor.
But not this sector, this sector, like stem cell stocks for instance (remember that fad and craze?) is over forever. The idea that these little alheimer's stocks had cures or impacts for alzheimers or the brain is surely a fad which has ended. And most of the posters here, are either hustlers or traders losing it all. Desperate. https://thetuckerletter.substack.com/p/the-frankenstein-economy
do yourselves a favor, listen to this as well.
Bas you made 28 posts yesterday. Are you a Bot? Or are you trying to break George's record? Both of you thousands upon thousands (20,000) posts that have no meaning, offer no content. Running to various spots on the beach trying to hold back the waves. No human can hold back reality.....You must be losing it all. Frantic. Merely because you are a board moderator does not permit you to post ten thousand posts about your furry "Fud" monster. Try just posting once a day.
The whole XBI biotech index has a perfect 5 year head and shoulder chart that looks like it is breaking surely to the downside. The 5 year is picture perfect head and shoulders. https://finance.yahoo.com/quote/XBI?p=XBI&.tsrc=fin-srch
A calamitous break downwards, to heavens knows where. The entire sector looks treacherous, not just anavex. The bloom is off the biotech rose, where 1 in 25 stocks gets a product and the power of Big Pharma has grown to squash the competition in partnership with an increasingly centralized government. The have's will continue in biotech, but they too will show severe margin and PE compression. There are actually several decent little biotechs with actual strong phase 2 results that have been crushed, and look now to go much farther down. Having a crooked FDA does not help but the entire general market is cruising for a bruising.
The people here once so haughty and sure of themselves, who would spurn the posts of Kund and say what does Doc238 know? Half of them, "he probably isn't a real doctor," despite his precise, astute and obvious professional assessments (and his trading strategies/assessments were also superb...). He kindly shared his thoughts and very detailed posts with this board. When he said I am not buying the Avxl stock for these reasons, they said they knew more than he did... ...a board of Ralph Kramdens.
You couldn't teach these posters on this board anything; after all, what is there to teach to people who know it all. Their portfolios and themselves like slowly boiling frogs, and despite the obvious evidence, they stayed haughty and so confident, despite what the market was telling them. Fools and their money. Now of course, these posters engage in comic sniping and backbiting of each other, like a basket full of freshly caught crabs.
banging on the floor almost every day. An almost perfect channel down.
Merely because the Longs here post every day means nothing. They will continue to lose all their money. So many have already sold. It is only the most mentally infortunate who stay, or worse yet, buy more on the way down. They are degenerate gamblers. Elderly gamblers. so sad.
Avxl true price this moment is $1.50 pre reverse 1-4 share merger. 15 years ago it hit a high of $20. All of staff has received outstanding money and annual compensation for MORE than a decade and a half. If you can get your hands on the control of one of these little companies, you can dilute and dilute forever it seems. Elderly dreamers are marks in this field. Everybody loses their arse in the general public except the company employees and officers. What a Deal~!
The general public does not understand the odds. Adam Feurestein said they are 20-1 against the player. Not an area where elderly americans should remotely consider for their hard earned money. A trap for the unwary? In this sub field of alzheimers, the major players have estimated the odds much closer to 99 -1 against the player.
Everybody has lost almost everything. Then you have the 15 or so pumpers (who have also lost their money) on this board, providing illusions.............
Wall Street is simply tremendous. Richard Russell who was on wall street for 65 years said that wall street is the mechanism to drain the public of money, for the benefit of a private few. That regular people so naive give their money away and get hosed. And the kicker is that the few people here who still remain would have a true share price UNDER $1, probably, except they got luck during the meme craze when the shares when for anavex up 5 to 6 fold. With Sava they also got even luckier, the shares spiking 10 fold...........The vast majority of the older duffers have sold, lost so much, and are gone.
"helping people" is not on any stock market list or in any stock market book I have ever seen. If you want to help people, there are ways to get involved. Being a volunteer driver is a terrific way to help people in drug programs, etc or the elderly who cannot drive or don't have the money. In this wild baby biotech popcorn stocks, everybody here is to make a giant score to change their lifestyles. This is why for the last decade everybody here was theorizing about a share price of 50 or 90 or 200 or 1,249, and doing vast caculations of castles in the sky and the size of this market or that for their miracle bet. There are a lot of ways to help people, but gaming in the stock market should never be confused about this.
Every cali crazy Long on this board begs every day for a News Release. Incessant posts. Hey guys, did you miss the post less than a month ago? Management carefully constructed a News Release designed to pump the share price by 40 or 50 percent. Management said they had discovered and owned, the greatest central nervous system compound in the history of medicine. They actually released this to the public. The entire stock market less than a month ago laughed at these tools for doing this. The share price actually went down when these CLOWNVILLES...released this in September, 2023. The entire biotech community, all of Wall Street, said, "hey, they are at it again, the clowns, the George Clowns at Anavex, up to their usual shit." Here is the title to their world shaking PR. We all laughed and laughed, while the cali crazy longs here debate every day, whether the new trial should be 2.B, 3.A, 3B.2. or 4.A.1. They debate this endlessly...Wall street laughs at these fools. LOLLOL...they crave news to pump the share price. Hey fellas, you just had management pump it less than a month ago. They will pump it just like you want them to, but Wall Street ain't buying the pumps any more.
"Anavex’s Phase 2b/3 Trial of Blarcamesine (ANAVEX®2-73) in Patients with Alzheimer’s Disease Shows Robust Clinical Efficacy and Slows Neurodegeneration"
fatuous investors saying what if Blarcasemine could cure this condition, how great it would be if it could cure that condition, how about if it can cure 3 or 5 or 9 other conditions. This is gradeschool girl talk. We have a good seat at the concert, "Maybe Bon Jovi will wave to me?" It is not investing. It ignores management's performance history, and the drug candidates performance history over the past 10 years. From the world's biggest market, Alzheimers, the world's mass mortal enemy, and then down to Parkinsons, another giant market, to today's RETT a tiny market with a very small number of sufferers, and once again, the DATA is probably spotty and incomplete. Nobody knows. We are back to the tales of women in Australia who take this elixer and regain their old concert piano capabilities, but are then after 7 years, heard from no more. Where is Dr. MacFarlane? Is he opening a new anavex trial in Madagascar or Mozambique? The flowery words of praise from these doctors are never returned to. .......So here is my idea: Why not talk about some more new indications which it would be wonderful for Blarcasemine to cure! As we approach reality, the minds become more freyed and distressed and other dimensional. There is a social psychology phenomenon that describes this.
The great thing about the small micro Alzheimer's stock traded companies is that they perpetually sell an idea. That you can get your mind back and to some degree, be free from the aging process. This is a fountain of youth story 2.0, which is so appealing to elderly investors. Throw up a spiffy website, start some trials, say the mice were promising when they were running and swimming around, and wham bamm thank you Gambling Gods, you caught lightening in a bottle. The Golden Fleec 3.0 has been a story almost as old as time. A magical Fleece (such a great word) which makes you young again. If you can only find it. Sadly, after 13 years, the wise investors have folded their cards. This is a pipe dream, a fantasy, a trap for the unwary. There is no hard evidence, after 13 years, that the substance they have tested will help people combat the agining process. You are better off buying some spiffy face lotion they sell to old ladies who think it will make them look 10 years younger. These mice tests are very dicey. Where do they get these tests from? Does scientifically honest group which knows what it is doing, certify the Anavex Mice Tests? As being what they claim? As being something that has any reasonable prayer of helping the human mind regain its old form, or arrest the aging process? But Wham Bamm, you do some tests in a lab, you work the tests up yourselves and you come out and say, two things: THE MICE GOT SMARTER, AND THIS HAS A REASONABLE INVESTIBLE POSSIBILITY OF WORKING IN HUMANS, and for a long time even! ....Has anybody here seen the movie Charly, with Cliff Robertson, which he won the oscar for as Best Actor. It is a magnificent film, based on a short novel called Flowers for Algernon. The mouse in that movie was named Algernon. The mouse did indeed get smarter with that subjstance they gave him. So did Charly, a retarded adult played by Robertson. In fact he got super smart, smarter than the scientists admininstering the drug to him, in their white coats. And then he used his super brain to himself check up on the substance. He found that the results were only temporary, and he himself started to regress back to the retardation state. (spoiler alert). The mouse then died. Charly at the end of the movie was back to his old playground, swinging on swings in his suit, with the children. Very sad. You should all watch it if you have an interest in Alzheimers. terrific film and book.
as the share price has continued to come back to earth, the plaintiff cries on this board have become more desperate. I have cautioned elderly investors that they are probably being "snookered." The idea 10 to 14 years ago was new: that baby biotechs could obtain a substance that if injected or taken orally, the effects of mental deterioation which accompanies aging could be stopped. This was the idea, and it was a dead ringer, with the market being advertised at 20 BILLION DOLLARS PER YEAR, (OR MORE), it was a dead ringer to appeal to these same elderly investors. Many of whom had lost close family members to Alzheimers. And the little stocks got life themselves, with their assessment that traditional theories of alzheimers were incorrect and clearly not working. They then proposed their own biochemical candidates. ...But after well over a decade of trying, the FDA trials of their own candidates have shown no evidence of helping, just further hopes that in the future they might show something. One of the takeaways is that it is highly likely that rejuvenating the human mind is not at all like giving a human a liver transplant or curing or arresting other human diseases that affect other parts of the body. The human mind involves processes that are hundreds upon hundreds of millions years, if not many billions of years ahead of the known science. There are many reasons for this, but the reasons do not matter, this is the reality. The evolution of the human fingernails is one thing, but to in any way relate that to the mind brain/CNS is making a quantum leap about which theh current century's "earthling" investors are probably hundreds of millions of years away from grasping. They are grasping at this moment in time at straws, at something that may only be realized half a million or more years from now, nobody knows except that current science has the sophistication of "bloodletting" of many hundreds of years ago, in combating brain deterioration, or VooDoo..
Accordingly, the sector should continue to see its little CNS balloon companies slowly come down in the air from the ceilings more and more. This sector looks like historic scams and failed prophecies in the investing world: like the tulip mania, the John Law shyster financial experiment with french currency, the claims of witchcraft which killed an estimated 40,000 women in the 16th and 17th centuries,...the endless yet tempting finanial scams pedaled forever to people who are drearmers and suckers in financial markets. We have no idea how the human brain operates. Listen to this synthetic chemist explain its All Galatic complexities. Trying to find a fountain of youth here is like shooting spitballs at an aircraft carrier, trying to make a dent in it. That Big Pharma has some ineffective drugs on the market after a half century of research proves nothing. In fact, their virtual complete ineffectiveness proves my point. Mouse models in this area, which hemselves have never been properly vetted under strict science standards but are proferred as a possible scientific formula, have no relation whatsoever to the subject matter at hand, the human brain. To say they are dicey is large understatment. This is like saying that because a cow has 4 legs and a chair has 4 legs, a cow is a chair. Nothing in this fatuous sector is clear or established or in any way remotely proven or above suspicion. Please sell and find another idea.
Ten Star post. They prove there is a pattern of something going on with the company such that management is probably not particularly trustworthy. It may be untrustworthy or incapable for many reasons, including that after over 10 years working with blarcasemine the results are simply not all that great, so the company is forced to act continually squirrelly. By contrast, a drug with obvious strong, effective performance (an absolute must for a baby bio) will tend to speak for itself, so that the communicator (management) is not forced into making bad arguments with unpredictable timelines, communications ad hoc or newly devised concepts, and others never returned to or followed up on.
The infusion of new people is an obvious admission of inadequecy. (since avxl is not anywhere near a turn to commercial production) Combining these points and the endless delays, broken promises of new trials and big partners, etc and its overall unreliability...........and DOC238's always steller analysis which makes the same points in much more detail........combining all of this with the general obvious uncertainty in the overall market environment, the NEW Devious Approach of the FDA over the past 3 years, and a rational investor can easily conclude that there are better companies and vehicles to park their money. One must admit the reality that even with good or strong results, the Devious Federal Agency that has proven it works at the behest of Big Pharma, could easily do a small company a dirty deal in a dozen different ways as regards its NDA.
This is a very high risk (high chance of severe failure) company at this point in time, where investors are asked to take on enormous amounts of trust and risk in the face of myriad instances of untrustworthiness and unfufilled representations. And you can see the Market is leaving this small BIO Space area in general for all its companies, (and not just CNS companies because they all are very high risk). The last 12 years of low or zero interest rate decreases with its radical money printing, something that has virtually never occurred in market history, is now ebbing. There is a new MACRO environment that will hammer these little companies which promise so much and depend on market liquidity. Which is why the stock has gone from 30 to 6. You have to pay attention to fundamamental changes in a company, a sector, a market, or an economy, because fundamental shifts do not ANNOUNCE THEMSELVES IN BOLD BIG LETTERS...