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Such a crazy concept will quickly be gamed and rendered useless.
sab, the real point about technical analysis IMO is this - it can be used in multiple time frames to increase one's advantage from 50/50 to 53/47 or even 55/45 or more. Beyond that its utility is limited, recognizing that over the long, long run those few-point advantages are extremely important. Those that disparage T/A believe that we who pay attention to it are quacks just spinning a roulette wheel. I too believe that T/A is very limited in the case of a pre-clinical biotech.
I do not want Jim Cramer to announce he's bullish on any stock that I own.
Hey it only failed three times, why quit now?
Interesting to note, sab, that the sp is now back above the 200 wk. When viewed on the weekly chart, the mess of the past 2.5 weeks doesn't look near as bad as it feels at the moment. Helps to keep perspective, even though the plunge without data even being distributed is startlingly horrible.
Share price now sitting on the 200-week moving avg, a significant marker on the downward path. Would be nice to at least hold the level, realizing that bouncing off it is a bridge way too far for this weak-kneed stock....
So at this point, Pipeline - Cash = half a billion $$. That's like finding a Brasher doubloon and pawning it for lunch money.
So, the headline blares that lecanemab is "a breakthrough(!!!)" yet one inch into the text we learn that it "has only a small effect and its impact on people's daily lives is debated."
Kind of reminds me of CNN's 'mostly peaceful protests' report in 2020, with fires raging in the background.
Liars and hypocrites everywhere we turn....
I'd be happy if we skyrocket to today's high....and thankful I never recommended this mess to any friends or relatives.
I knew there was a very good chance of crap happening this week, but I sure didn't expect it coming today. This is downright pathetic.
Yes and “Strike up the band!” or the alll that matters is price crowd.
All I'm seeing is that Christmas is coming even earlier than expected for the AF crowd. A lump of coal is looking more enticing than these shares - at least the Europeans are buying coal hand over fist, as reflected in US coal stocks.
Hey, we made Page 1 of finviz top losers! Well done (as usual), Anavex!
More body slamming
Can't argue with your logic, DTRT. Many of us have been here 7+ years and I for one have gotten very tired of the roller coaster and deeply regretted not selling a bunch at $30. I can't help but remember fall of 2015 when this thing hit 14 bucks (albeit with a lower O/S count), and here we are 300,000 posts and interminable trashed PR's later at 11 bucks and change.
Where's reddit when you need it?
I'm still looking for the run up to Dec 1st and I'm surprised it has not yet begun, as time is running out before the TLR. Maybe next week?
With no logical explanation, I (we?) should be surprised at the limp share price but I am not surprised. I believe the science is legit enough to be quite long, i.e., some time in the far off future I hope to be taking blarcamesine - if I live long enough - and it will be an established SOC for AD, maybe some other CNS diseases. But I have little to no faith in the short/intermediate term share price appreciation. Just feel like we're going to get screwed, yet again.
Which would be like the 4,972nd time that happened....
Beginning to look a lot like that ugly day in mid-July...
Cramer the clown has cursed plenty of stocks over the years....hope AVXL dodges the bullet...
So, are we automatically down .60 tomorrow?
7% move on 150k shares? Yeah that's real normal...
psychotic stock...
So where's the real money? That makes no sense.
Each of the replies to your post make good points. It's obvious that WS has no real belief in what AVXL has to sell, therefore no real money comes in. After being here seven long years, I sometimes have little belief myself. But I'm staying long because nothing revealed about the science in that period was sufficient to change my mind, emotions be d*mned. I'm resigned that the powerful forces that are either lined up against AVXL (AF/minions, shorts, BP, dementia mgmt industry, et al) or whose indifference / incompetence (FDA, TGA, et al) stymies real progress might win out and blarcamesine gets buried in obscurity. So be it, life and death go on.
I do think the Nov 8 sweeping out of the many hideously corrupt people now occupying power will stimulate global markets in a positive way, AVXL being a beneficiary. Markets are already starting to sense that there may be hope for this country after all.
Anavex new company motto: "At Least SAVA's Getting Pounded."
A mime stock requires silence. At all times.
Beautifu eow action. LOL
The board does have a 'mute' option ("ignore" on the left). I would have quit following the board years ago without it.
I'm still showing opened messages as a different color, like the old setup. And, my ad blocker still works.
We go verticle with outstanding Ph3 data.
Tred - we vertical with revenue. Charlie Brown here doesn't believe WS is suddenly going to reward AVXL investor patience without cold hard cash flowing in the P&L. Hate to say that, but my leg is worn out from not kicking the football.
You would never think alz TLD is a couple months away
Yeah, Anavex has never missed a deadline...oh wait...
At least SAVA is also being abused this morning. Some consolation, lol.
Can't disagree, gambit. I have never in 30+ yrs of stock experience seen anything that has SO much potential - both human and $$$ - that generates so little interest from the vast industry that it belongs to. Especially in light of amyloid failures...one would think that each megapharma has a team or at least an individual whose sole task is to bird-dog acquisition candidates like AVXL and that a cash-rich mega would have approached the BOD/Missling with at least a lowball offer. Daily I shake my head in disgust/amazement...
PM whacking being administered.
lol
I admire your optimism regarding Anavex's potential share price. It seems the longer I hold the stock the more my own optimism diminishes, despite blarcamesine's impeccable trial record. I am confident that the science is real, as so ably dissected by you and many other talented contributors to this board. I am not nearly so confident that goodness will prevail here...that millions of terminal and near-terminal CNS sufferers will be freely made available an affordable, efficacious medicine to alleviate their (our) mass sufferings, and that we, the shareholders, will be left holding real cash and not just an empty bag.
Decades of institutional descent into a thickening fog have taken their toll on trust that light will eventually shine...literally thousands of examples could be aired, the FDA's disgraceful handling of the Aduhelm NDA perhaps being the most germane and the industry's slavish devotion to the amyloid thesis in the name of protecting the careers of glorified scientific bureaucrats another.
I am an optimist by nature, but my optimism is based on Things Unseen, not the rusty relics of this world. I hope my cynicism is unfounded, but....
Wow.. give me some.
No, you can't have any. I don't care how safe it is or how much it might help you. You still can't have any. Maybe after Phases 3.05, 3.14159, 3.6, and 3.19999 are complete, you might be able to have some. Just a little, maybe, but until then get happy not having any. You're just not allowed. So just pipe down.
Quote:
Bring on the PDD OLE
looking for another opportunity to add cheap shares?
That's exactly what I was thinking...
I find that -3.70% is actually a pretty good post-(positive) news day for good 'ol AVXL.
Reddit, where are you?
Agree.
Air exiting the balloon already this AM....odds are we'll visit the 9's this week if not today. History is our guide.
Lucy's football wearing out from CB not kicking it