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Summary Video of AVXL for 22Jun2021
Gotcha, it just seemed weird that it was selling for 30c below the buyout price, someone could make good money buying and holding here
Silly Question, if the buy-out is for 2.75 why are people selling at 2.50$ is it just not wanting to wait for it, or something else?
I will be happy to run with almost a 30% green day!!
Someone please hit the .0097!
Man I guess everyone is waiting Q1 to come out before doing anything!
Pre-Market information, it seems like the support is around 7$ Flat, been watching and we've bounced off of 7 a few times. 6.5million volume!
Looks like were holding around 7ish in the Pre-market! Not a bad start, the real fun starts at 930!
Here is what I don't understand...
There were 40ish millions shorts in the stock, even with avg or bad news the most they could have hoped for was the stock dropping a dollar or 2.
However it didn't and we rose 3$+ dollars per share.
The math for me doesn't add up, The most I can gain is 2$ however with the news I can lose over 3$+
Its suprised me that 40ish million shares were shorted.
(40milx3$=120million in loses).
I am not going to lie that number makes me smile!
It is a guess about the good news, it doesn't seem like anything is broken, they have had good Q after good Q.
Sam seems to be concerned with running a business then pleasing us. The last report came without alot of bells and whistle to. Almost every earning report has come without warning, they have been good reports to.
I have seen alot of penny stocks now, and I would rather have someone who can earn 1$million in profit then someone who give us news after news and then increases the A/S by a few billion.
Haha though it wouldn't doubt great news after hours on a Friday!
We know the good new is coming, the question is how much good news are we going to get, hoping for 1$ in profit from last Q
From my understanding the result were awesome I think it was a 14-1 or 14-0 vote in favor of. The problem was the safety and it was a closer vote something like like 8-7, 9-8. So they put asked ALXA for more information about safety. There is no question about it working, but was some about safety. Most likely they sent off good info, however there is still some worry. Thats whats holding down the stock, come Fri/Mon this stock will either be bust or Bagger.
Did we miss something?
Quiet Day but a nice positive day, We seems to hit the resistance, expect big things when the Q1 comes out!
Were are done going down, good resistance at .018 you have a total of 8 MM on .018 and .0181
People stocking up before the Q1 is released, hopefully expecteding 1 million in profits, most likely we will get a nice little burst when it is posted!
You know its a good company when the guy running the company is buying more shares!
Looking at other stocks there always is some kind of movement the day something gets approved. Now the following day it might sink back down to the level it was at before, but if there is an approval or a denial the stock is going to go somewhere quickly!
My guess is just to get people more into the stock. May is coming soon, and its either going to be bust or blow-out($$) for this stock depending on approval. The more people you get into it the more $$ you make, or the more people you get into the less you lose if it goes bust
What are they saying over there? I would say this stock has been acting weirdly today, but I think thats everyday!
I don't expect much movement from this stock until the Q1 comes out, we will get some notice then, for now its just sit on the stocks, flip on some news and keep accumlating stock for free!
Think we might be heading up someone just put over 2mil on the bid
Agreed, I think we will get more press when the Q1 comes out as alot of investors who flipped before will try to do it again. Also we can see how much is cleared up from the Q1, as far as debt, and profits.
This is one of those stocks that will take off when it gets noticed!
A buy at 3:29pm. Not a paint job but not a huge sell only 15k shares. Still not a terrible day. The stock has good support in the lower .008's Some decent buys at .0083 and .0085.
Only NITE sitting on .0085 after that .011. One or 2 good hits and we might see a good day!
Overall I am not to worried about the debt, this company was able to clear alot of that debt last year, and also have pushed it out till 2013 and 2015. By then if they continue growth and profit they will be able to take debt without having to use shares!
Looks like we've hit the bottom today, there about over 400000 shares sitting on .0082 and .0080, and much much less going up to .001.
Maybe we can hit it back to a penny or at least pick up some cheap shares!
The R/S is good however it will not be enough atm. They made 1$ in profit last year, having a stock buy back and a R/S would easily get this stock to were it would need to be to uplist.
Eh not a terrible day, I think alot of people were seeing if there was going to be any pull back to the 100% day we had on Friday. We had a little and that's not surprising. I think tomorrow investors will be back trading this stock more throughly.
Were back to where we started, and next week it gets more fun!! Great job guys up 94% :)!!! Have a happy weekend!
As long as ETMM holds his 500,000 shares at the bid (currently stock price) we should end up 60+% which is not a bad recovery day!
Over 100% today, awesome day!!
I think alot of it is people who sold yesterday for profit got back in today, (I doubled what I owned) and since there playing with "free" money there not going to sell for small profit.
I am checking places, something is known to someone just say a over 50000 share buy at 67c.
Something happen?? went from down to up 4% in an instant!?
Really want someone to tap that 0.0115, all I see on the L2 is 0.0115, 0.0118 and then 0.014. Super thin!
Easy Response, When I look at the $$$, over 1 million in profits, and I have been doing this about 1.5yrs now (I know short compared to alot of you). What I have seen in the stock below a penny is never profit (maybe a company might break even) or never this much profit!
I would love someone to name a sub penny that has 10 million in sales and 1 million in profit. (haha give me something else to invest in)
Also look at the yearly they cut there debt from 7 mil to 4 mil in 1 year! So they cut 3 million in debt and still made a million in profit. They have extended there notes to 1 and 3 year, so I have no doubt this company will have no debt in a year or two and still have awesome profit.
Also if your not still for it, I am sure you will be able to sell and make a profit
I hope you bought some more like me today Wowza, yesterday sucks but I was able to double my original position at the same price I bought in at, so I am pretty happy. esp since were up 40% now!
Still super super thin till where we were yesterday! And good bid support behind it, we easily might make up yesterday and be back at about .014 at lunch!
Looks like it could be an awesome day, great support has built up and the ask is super thin! If it gets moving we might recover a huge amount of what we lost yesterday!
Good Morning Board! I am off today so its a good Friday and looking to buy early today! Who else is buying today?