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bas2020, there is no question in my mind that you are 100% correct. They can easy do it with the entire market and even with less efforts play with any targeted stock.
Andrew Left, the founder of Citron Research, pictured in 2018. Brendan McDermid/Reuters
New York
CNN
—
Federal prosecutors in California on Friday charged prominent investor Andrew Left with multiple counts of securities fraud involving “a long-running market manipulation scheme” yielding at least $16 million in profit.
The Department of Justice said Left, the founder of Citron Research, “exploited his ability to move stock prices” using social media to amplify and exaggerate market reactions.
Left’s investing style is known as short-selling, a high-risk strategy that allows investors to bet against stocks they see as overvalued. Short-sellers, including Left, often present themselves as researchers sniffing out misleading or fraudulent businesses through independently published reports on their targets.
https://www.cnn.com/2024/07/26/investing/andrew-left-citron-fraud-charge/index.html
somebody on this board rejected an idea of stock manipulation!
Just look what Citron Capital was doing...
https://finance.yahoo.com/news/us-sec-sues-citron-capital-122056503.html
If Blarcamesine will be approved only for AD, AVXL should be trading in a $400 price range after 1-2 years from approval date.
So, current artificially suppressed stock price becomes not so important, or even more attractive for new buyers, IMO.
Redesigned Avanex website looks great:
https://www.anavex.com/
Hey BDR10, george has a history of posting important information on this board, that I personally, and believe, other readers appreciate. As to his predictions, I do not think that george himself takes it seriously, it sounds just as wishful thinking and FUD teaser... Look, all knowledgeable and respected longs on this board, pay no attention to those predictions and nobody knows what happens next at this point... We don't know exactly when, but expect EMA submission, maybe partnership for AD, a371 trial result, etc...
Currently there is no correlation between stock price and intrinsic AVXL value - the shorts are in control (according to Steady, short position cost 120 million),
and will start slow covering (still keeping tab on the price) when time is right for them.
BTW, I don't like liars also, and we have several FUD posters here twisting the truth...
I think, if AVXL approved only by EMA, in couple of years the stock price can reach $400+ mark, based on drug demand and the math.
thank you, williamssc!!! As always, great contribution helping readers of this board to see the truth through the fog spewed by FUDSTERS!
BDR10, just leave George alone and your nice week becomes reality...BTW, do you remember when last time you posted anything
valuable on this board except whining? have a 'nice and productive' day...
every long knows who is kund - a resident basher posting all kind of dribble...
If I am correct, in the past CM said that we see only the tip of an iceberg...Really very, very impressive possibilities ahead of the company. Anavex needs only one approval to sale full speed to its glory.
https://finance.yahoo.com/m/e6a4a581-9a46-3c04-bfef-63f5994d58b9/cassava-sciences-adviser.html
SAVA
-34.83%
SAVAW
0.00%
A key adviser to Alzheimer’s drug developer Cassava Sciences was indicted by a federal grand jury this week for allegedly submitting fabricated and falsified scientific data to obtain $16 million in grants from the National Institutes of Health. Hoau-Yan Wang, a medical professor at the CUNY School of Medicine at the City College of New York, co-wrote multiple journal articles with Cassava that supported the scientific rationale for its drug Simufilam, which is currently in late-stage testing in Alzheimer’s disease.
Here we go! "Nice" post BDR10... so what?
" I wouldn't listen to a word he says" - but you constantly talk about his posts with a focus on his predictions, not on the factual and useful info in most (excluding
'predictions) his posts. BTW, your contribution to this board is null...just start focusing on the info, very strange.
Bravo!!!
And I second this!
It is a long process, but I believe that AVXL will come to the finish line with the first drug approval in 2025. And until this will happen, AVXL price will be subject of heavy manipulation, especially considering the fact that AVXL success will dearly cost to competition.
Of course, Positive Peer Review, partnership(s) will cause price to go up, but the real stock price run will be only upon first EU (of FDA) approval, IMHO.
BCCHoosier, I am also very long AVXL but do not pay attention to any prediction of any events timed in the near future buy anybody, except AVXL. As to George, I think it is just a teaser aimed on FUD crew and short traders to make them a bit nervous. At the same time, George usually posting a lot of valuable information and cannot be compared to any basher on this board. Yes, his input here is very much appreciated, IMHO.
if there is no seller to satisfy purchase order, then market maker must sell, even if it will be short sell, IMO.
Exactly, Steady! Hopefully there will be very strong trigger to create unstopopal drive to the upside, just a matter of time...
Thanks for your input and support of the spirit on this board!
The FUD spreading crowd on this board is a strong indication of AVXL real the value (in the not-so-distant future), IMHO...
OMG, they (state street) should consult with our FUD CREW adding new shares!...
Great find CM! That is why the FUD is here - to prevent retail to buy or add more.
probably time is money.
or to MMs...
Hosai, you know, as all other shareholders, these, so called lawsuits, initiated by forces (including MMs) to short and bring lower stock price until
NEWS released, that will justify increase in stock price. MMs create inventory at low price and later sell into the market with a profit,
same with hedges... The FUD is working in the same manner across the entire market...This Anavex message board following the entire market.
When Anavex is approved, the picture will be totally different, IMHO.
this is hilarious: the unanimous 'experts' on this board claiming that they know better than AVXL scientific team, doctors and esteems researchers around the world how to evaluate AVXL clinical trials! Only naive people can trust those resident bashers and FUD spreaders. they don't reveal they true identity and continue to make misleading posts to confuse shareholders and potential investors to aid MMs and some funds to purchase AXLS stock on cheap.
IMHO, every potential buyer and current shareholders will be better off following official company PRs and real-world reputable experts in the field.
Well done! thanks!
In EU there are 7 million potential AD patients and will double by 2030.... It is a huge market! the price will depend on things like terms of partnership, price of the treatment, and other vectors. I think and hope that it will be at least just above a $100 in the worst case.
thank you, George for reminder....
things not moving fast as we wish, but I believe that in the end AVXL will be big winner and a major player in bio and pharma field,,,
Just wondering how some posters claiming to be shareholders, but for years just bashing their own investment and still holding?
Can they be trusted? I don't think so.
maybe he is just teasing people like you... don't you think that to listen to any prediction (based on the 'crystal ball') by anybody is a bit silly?
I know - George is not serious and his posts directed to frustrate FUD. He can post what he wants, and it should not be taken
seriously and it is nothing to be upset about. On the other hand, sometimes George posts very valuable info and that is something that you and other people
that also are being upset by his posts, don't do.
good one....
"Folks like investor2014 and biochecker are great for laughs, but little else."
Thank you!
here is an example how a company attracted new buyers and at the same time rewarded its loyal shareholders:
MIAMI BEACH, FL / ACCESSWIRE / February 1, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, announces the declaration by its Board of Directors of a 50% stock dividend (i.e., issuance of one additional share for each two shares held by a shareholder on the record date) for distribution to all of the Company's shareholders of record at the close of business on February 12, 2024. The Company's Board of Directors declared the dividend at a follow-up meeting board meeting to discuss a previously proposed cash dividend of up to $1 per share and reflects the Board's commitment to shareholder value and its belief in the Company's prospects.
Sean Dollinger, CEO of LQR House, stated, "We believe that the Board's unanimous decision to declare this stock dividend demonstrates our commitment to rewarding shareholders. Despite the deferral of the earlier proposed dividend, our dedication to giving back to our supporters remains unwavering. The Board reconvened on January 30th with the shared goal of showing appreciation to those who have stood by us. Importantly, this stock dividend will have no dilutive impact on LQR House's current shareholders." Dollinger further affirmed the Company's principle of honoring commitments, stating, "At LQR House, we intend to uphold our promises and consistently deliver on our commitments. We believe that this stock dividend is a testament to our gratitude for the ongoing support from our shareholders."
LQR House shareholders are not required to take any action with respect to the distribution of the stock dividend.
The LQR House team remains focused on creating value and looks forward to a prosperous future in the spirits and beverage industry.
avxllent, I wish AVXL price stays at the same levels for a while (until positive news released), but if it goes more and more down, I plan to add a significant amt of shares.
Whoever lost their believe and sold should just move on without posting 'heart breaking' FUD....
I do believe that longs understand that some of those negative posts are just a part of an organized paid for FUD campaign.
To be exact, not the shareholders, the traders suffer. With AVXL it all matters whether the drug works or not. So far it looks like it works!
EMA approval - our Great Hope now and will be a turning point on the way to become a STORY STOCK.
As to negative narrative on this board, I think partly it is FUD, working for MMs and maybe hedges, helping stock price manipulation. Some could be small traders.
So called 'experts' constantly putting negative spin on everything AVXL, have no clue what is going on inside the company, trial results, etc...
I would go with company official PRs.
Not meeting the deadlines - yes, it is not good for traders, but for longs it does not matter as it takes a bit more time for the drug to be approved...
To paraphrase CM: " in time you will understand why we did it this way..." We will see. ALL IMHO.
Happy New Year!
if your assertion was correct, how would you explain mere fact, that AVXL showed trial data to
EMA and was approved for submission?
He is just a paid FUDster...
I think, your opinion has no meaning to the majority of this board. You earned basher's status as sun as you started posting here. I also have a strong believe that you are not a shareholder and your mission here to spread FUD and diminish everything AVXL...
Yes, but EMA made this move because they failed to consult with Anshu, the real 'expert'...
why would a 'shareholder' be always negative to any positive PR from a company?
looks like FUD on a mission? Yes!
News after market or tomorrow?
Hey Robot14,
here is official from last year:
Corporations in the United States pay federal corporate income taxes levied at a 21 percent rate.Sep 27, 2022. what would be state TAX?
and then how much Biogen charges for their drug?
correction: the partnership base: avxl 30%, partner 70%.
30% all to the bottom line!