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OH NO, price predictions from attilathehunt have been the kiss of death all year long in 2023! hehe
Bring on that parabolic move...
Nice to see AVXL on Fidelity's Top % Gainers list once again. It's been quite a while! Hoping to get sick of seeing it on this list many, many times over the next 4 - 16 months! hehe
I can only imagine how you must be itching to bank 20% profit in just under 2 days. Heck, if that was me, I'd be long gone! LOL
FWIW (probably not much at all) - AVXL currently ranks #5 on Stocktwits' Top Trending Stocks list
https://stocktwits.com/rankings/trending
Hopefully, it makes it even more financially dangerous to those who decide to continue to hold their short positions!
FWIW - 42 block trades of at least 5000 shares (14 of at least 10000 shares) have gone off during the 4 1/2 hours of trading between 9:30am - 2:02pm EST. Not too shabby!
Hey Gator328 - Your post is the Most Liked over the past 30 days! I definitely thought one of Mike_Dotcom's posts would be at the top of that list, so was surprised to see that it was one of yours! hehe
$9 is "right around the corner"...hehe
Where the heck is bas2020 this morning? AVXL up over 10% already...
UGH...I would prefer prior to Christmas 2023 rather than "Feb'ish", but I'm fine with waiting until then so long as we get there!
7 blocks with sizes between 5531 - 15060 (never count the 9:30am print) at the ask or in between the bid x ask in the first 14 minutes of trading today sure is nice to see...
Since I no longer trade AVXL, I do not have an answer for you. As you know, I had no intention of buying any additional shares unless $7.53 was breached again. As of right now, that price level is over $1.00 away...and hopefully will never be seen again!
I spent the better part of 4 years through 2021 trading AVXL like a madman, making literally 100's of trades and flipping for as little as $0.25 per share LOL
My next decision with AVXL is what to do with the 20K shares I purchased at $15.25 avg. just over 1 1/2 years ago. Hopefully, the release of the Rett EXCELLENCE data and the AD full data will cause the share price to leave the teens in its wake, so my decision becomes much easier...hehe
Good luck with your AVXL trading. Hopefully, despite all of our different styles, we all end up winners in AVXL. As always, time will tell...and IMO we will definitely know in well under 3 years!
Bring it on baby! hehe
$28.70 spike to be exact! (FWIW - The $31 price level was hit during that run-up in June 2021)
By the way, I remember the $28.70 high because Fireman said he sold most of his shares at $28+ that morning. Yeah, sure he did LOL. Obviously, he was in control of the TARDIS that day...hehe
Only 100%? That's all?!? Just kidding Steady_T. Nothing wrong with that return at all...
I have a feeling that you just might get the opportunity to bank the next 100% (and quite possibly 1000+%) in a much shorter time frame than you did your first 100%. We shall see...
In my opinion, there is no way AVXL is ever going to get the same increase in MC valuation as BIIB, LLY, et al. have enjoyed. I can see AVXL getting about 1/2 as much an increase, which may then be followed by a buyout at close to a 100% premium, as a possibility. Who the heck really knows? Hopefully, we'll eventually see AVXL attain a price level that makes these types of conversations relevant (as opposed to fantasy for the time being)...
Out of curiosity, which posters are you referring to by your nicknames below?
Basket of Shice = __________
Mr. Hold on Tight = __________
Mr. Pumper = bas2020?
To steal from your signature, "the longer we wait, the sooner we might just get surprised by Missling meeting his own deadlines and exceeding our expectations!"
It's possible, right??? Hey, you never know. Of course, as always time will tell and judging from past history your usual "Feb'ish" call cannot just be brushed aside...hehe
FWIW - Related to pharma, Google says it means "Key Opinion Leaders"
A shift of the decimal point just one place to the right sure would qualify as a very large payoff. Heck, that's only around a $6.2B - $7.7B valuation (depending on which share count one wants to utilize). Is this really too much to ask? hehe
I wonder if Soumit Roy will be making any changes to either his recommendation and/or price target after today's CC. He seemed quite pleased with the information that Missling presented, don't you think?
AVXL's timely release of the Rett EXCELLENCE top line data, along with the full AD results and biomarker data, prior to the end of 2023 will certainly go a long way for many here in restoring some confidence, faith, trust and/or belief in Missling. Hopefully, all of this data will be great and the resulting increase in share price in 2024 will leave this lousy single-digit price level (along with prices in the teens) in the dust...
FYI - Transcript of the Question-and-Answer Session from this morning's CC:
Operator
Thank you. We will now begin the Q&A session. [Operator Instructions] So our first question is coming from Soumit Roy at Jones Research. You can go ahead and speak, Soumit.
Soumit Roy
Hi. Good morning, everyone, and congratulations on the solid quarter and all the progress. A question on the Alzheimer program. Are the patients continuing on a long-term study and any progress on the confirmatory study to initiate on?
Christopher Missling
Yes. Excellent question. So the patient on the extension study actually was given a name. It's called the ATTENTION-AD Study, and it's going over 96 weeks. We have been heard from KOLs that actually this extension study could be the confirmatory study of the ANAVEX2-73 Phase II, Phase III study itself. So we want to basically put this in context and see how this will progress. Accordingly, so we might already have started this confirmatory study with that open-label study, but it will be determined in discussion with regulatory agencies. But we would, of course, be able to, without a problem, initiate a study, if so required, at any time.
Soumit Roy
I see. Do you have any date in mind when the FDA conversation could happen if this study can translate into a confirmation study?
Christopher Missling
Yes. We are planning to do this once the data is available, which is expected this year. And thereafter, agency is able to address things with data as well. And that's what will happen with data, in presence of data.
Soumit Roy
Okay. And the biomarker study data, could you give us some color on how many patient results are going to present an expectation? Because this is not a targeted agent towards [Indiscernible]. So what should be Street’s expectations? And could you refine the timeline? Is it going to be later, like in November timeline, or could be earlier in third quarter?
Christopher Missling
I would say we keep the, we want to surprise the market. So we, it's the second half of this year, and we be able to then provide the data once it's available. And regarding the color, so it will be the entire participants of the trial. And the majority of them have received blood biomarker assessment before and after, as well as MRI assessment. And a smaller sample size has also received CSF samples. So this is right now, the entire population of the trial.
Soumit Roy
Wow. That is really helpful. And one last question on the Rett program. Clearly you are heading towards getting the top-line data from the EXCELLENCE study. How are you thinking path forward? Are you thinking about commercializing yourself, or is it going to be a partnership program? If it's going to be by ANAVEX, the commercialization part, when should we start thinking about hiring the commercial team?
Christopher Missling
Yes. Excellent question. So with the collaboration with Partex, we already initiated the strategizing on the sales for numbers, the expansion of marketing strategies, but also we received unsolicited interest from across the globe, in all regions of the world, from all regions of the world, to either co-market or to license blarcamesine for Rett syndrome already. So we have multiple options open, and we try to make a decision based on shareholder value. So what will create more shareholder value accordingly? And we will base that decision based on that information once we are able to get terms on the table, which will likely happen after the data is out.
Soumit Roy
Thanks. Well, thank you again for taking all the questions and congratulations on all the progress.
Christopher Missling
Thank you.
Operator
I don't see any other analyst questions, Dr. Missling, if there's anything that you want to add here, you're more than welcome to. Thank you very much. I think the question from Soumit was very comprehensive. Again, we like to very much point out that we're looking forward to a very excited second half of this year. We are very excited about the potential, what we build. We're expecting further publications and of our biomarker-driven precision medicine studies, which have all significant unmet need and economic burden. And we remain focused on execution as we prepare for a pivotal year ahead of us, potentially involving meaningful advances in our neuro developmental in neurodegenerative precision medicine portfolio. Thank you very much and stay tuned looking forward.
Operator
Thank you, Dr. Missling. Ladies and gentlemen, that will conclude our call for today. We appreciate your participation and you may now disconnect.
"I do kick myself for not selling some of my holdings back then."
I don't know about you, but 5 - 10+ baggers don't come around all that often for me so when I get one I am more than happy to sell at least 10% - 20% of my holdings to get to $0 cost basis...
"I thought we were going to catch lightning in a bottle."
We did catch lightning in a bottle in early-February 2021! $4 to $28 in less than a week on no news whatsoever certainly qualifies as "lightning in a bottle" in my book...
"Sandra didn’t hesitate to unload—I should have taken her cue."
Sandra unloaded in June 2021. At least at that time, we got a barrage on news from AVXL during that month. IMHO much easier to understand not selling then vs. early-February 2021...
Can you just imagine how less stressful your continued holding of AVXL over the past 2+ years would have been had you decided to sell just 20% of your 25K shares during the early-February 2021 "no news, no sense" spike? Sorry, but I am constantly amazed to learn at how many here were sitting on a 5 - 10+ bagger at that time and chose not to sell ANY shares, even just a relatively small percentage in order to recoup initial cost basis. I just can't wrap my head around that...
Of course, a much more accurate statement would be as follows:
The upward price trend may or may not resume at about 3:00PM EDT and there may or may not be a sharp increase in share price and volume at about 3:50 PM EDT., but there will most certainly be a large print right at 16:00:00.
Yeah, and just fine with not selling a single share when sitting on a 75X - 100X return back in either February 2021 or June 2021! SMH
Hey, at least he didn't reply with NONSENSE!!! or COMPLETE NONSENSE!!!
I would assume that the release of truly excellent EXCELLENCE results (provided in an unfumbled and unambiguous manner), followed by a swift submission of an NDA, would certainly be more than welcomed by many here...
Buy TSLA stock before 2030!!!
I am absolutely certain that even if TSLA does indeed become 1 of the Top 5 Largest Companies by 2030, TSLA will never make an investment in nor will they ever consider partnering with or buying out AVXL...
GOOD LUCK getting any type of coherent response from Georgey...
With a large percentage of the total daily trading volume printing at or near 16:00:00?
"Weird" is certainly one way of describing them...
AHHH, gotcha...
"...stating let it dynamic..."
Hey powerwalker - Would you mind restating this so that it makes sense? Thanks!
Did you eat a couple of burritos last night? If so, that might have something to do with your feeling...
OK, my bad for not specifying. Let's give Georgey the benefit of the doubt and go with his prediction of "as high as 100%" for gross profit margin. I have asked him numerous times to please explain how in the world AVXL would be able to enjoy 100% margin. Amazingly, he has never provided his explanation - other than replying with "NONSENSE" or some other idiotic comment...