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"I'm playing around with my next bids in the 3.85-3.70 area now." I hope we don't go that low. However if we do I will buy more shares.
John k9uwa
"Paint the Tape" looked like maybe 50K shares. Puny quantity compared to last couple weeks.
Current afterhours current bids.
Bid 4.01 x by 200 Ask 4.08 x by 100 Total 794.68K for today includes the afterhours.
John k9uwa
"Um, George I show AVXL closing at $4.07" yes 4.07 the 4.01 was some afterhours trade. No large spike in shares traded afterhours today like we have seen near daily the last couple weeks. One day last week the afterhours jumped up the total for the day by around 40%.
John k9uwa
Leo good chance it will be a WHILE. I know define while ! Whenever they have something of substance. I can give them a good one to use.
EMA FILED ... no need for any other fluff. My boat is nearly full.
John k9uwa
"yet the price continues to languish" Many reasons for Price as it is today. Shorts selling it down to make their money. Market makers messing with it. Notice today it ended at 4.00 making calls for 4flat totally worthless. Notice the large increase in End of Regular Trade hours Shares traded. It seems to happen almost everyday. And if you follow the afterhours trades... again large volume compared to what had traded all day long. TODAY 437.83K at 3:30PM. 3:35 dropped a bit more 4.01 / 4.02 I bought some at 4.02.
Right at the Close 4PM.
Bid price by 3.98
Ask price by 3.99
Volume 569.60K
So 120K shares traded in the last few minutes of the day.
Last Price and Volume in Afterhours. 4.00 Volume 854.90K
So 285,000 shares traded afterhours all at 4.00 So between the last few minutes and the afterhours 417,000 shares traded. Damned near doubled the trades from 9:30AM to 3.40PM. And some will say that Trading is not manipulated.... I say BS for sure it IS. No way us little guys can play that game. But so far I have done MORE THAN QUITE WELL on AVXL. It took 4 years the last time to beat the hell outta them. Had a crazy outsized for me shares. Accumulated from the base portion from 2015 and a hellava bunch of trade shares added as we dropped for 6 down into the low 2's and some under 2 bucks. Sold it all from $19 to $21. Bought a few too soon in the 9 to 10 range but as we dropped lower stepped it up a bit. Now lots on the $4 range reduced nicely the average. Await what happens next. If it is $40 for EMA probably would sell some but not all. If that happens the price will go higher than $40. No I don't think it will do $1249.
No I wouldn't recommend playing with any speculative stock for those who need the money to live on. NO I don't hide behind some pseudo name.
"By "The Street" you mean by Adam the shorter Fartstain" part of "The Street"
As to "Safety" once AVXL realized slight dizziness in trial patients. Give them the Pill at bedtime No more Problems with dizziness. And a good nites sleep had by all.
ignatiusrielly35 IS CORRECT !!
NO med to date has the Safety Record that Anavex has. If U might want "Brain Bleed?" get the MAB. No Thank You. I'll take 2-73. Just a simple pill.
If When we pass EMA and the FDA does nothing they will look really BAD. Consider how many unkown have died from the MAB's. And FDA approved???
John k9uwa
"Price target for Anavex Life Sciences $40.00" Which is why, although I already have a sizable stash of shares, At these reduced prices I keep adding more shares. I bet the Tutes are also adding. $40 starts to smell like an approval EMA. Time Will Tell.
John k9uwa
Yes Tom Executed @ $4.1499 I was gone most of yesterday. My bid was 20min before end of normal trade hours. Going into a long weekend some may want out so a maybe we drop a bit more? Yes I did put in GoodTillFillled 3.90 and 3.80. Volume looks light today Only 437.83K at 3:30PM. 3:35 dropped a bit more 4.01 / 4.02 I bought some at 4.02.
Will see what happens next week. I don't see us going up any significant amount until they put out some real news. Down a bit more.
Bid price by 3.98
Ask price by 3.99
Volume 569.60K
John k9uwa
That really is funny Leo. Maybe they mixed you up with someone else? Leo's Moniker is pretty easy to understand. He has been around as long as I have 2015 time frame.
John k9uwa
Kund a hired FUDSTER who is lousy at his "Job"
John k9uwa
DITTO
John k9uwa
Kund get lost your a paid FUDSTER who hasn't a clue.
John k9uwa
I DID NOT SAY INDEX FUNDS. 38% of Anavex Stock is owned by 194 Institutions that must file 13F D/G CLICK THIS LINK and you too can view all 194 Institutions. https://whalewisdom.com/stock/avxl You can sort the list of 194 Institutions by column as to WHO increased, who deceased, who sold out, who was new. Net for the 1st quarter was a 6% INCREASE in ownership by Institutions from 31% to 38%.
STATE STREET CORP who took over First Place from Black Rock... State Street Corp is a 100% increase for the 1st quarter of 2024. Bought 3,656,305 shares Now holds 7,299,007 shares.
So who is State Street Corp?
We are the leading investment servicing provider of the public fund market with over 35 percent market share and over $2.95 trillion in public fund assets Our customer service approach provides flexible and highly tailored service and technology solutions.
JUPITER ASSET MANAGEMENT LTD End of 2024 they owned 104,000 shares of AVXL. They bought during the 1st QTR of 2024 700,000 shares. Who is Jupiter Asset Mgmt LTD? Jupiter Asset Management Limited operates as an investment management firm. The Company offers investment advisory and portfolio management services. Jupiter Asset Management serves customers worldwide.
Those are only a FEW of the FUNDS NOT INDEX FUNDS who changed considerably their position on AVXL during the 1st Qtr of 2024. Don't forget the Crooked Lawyers filed suit mid MARCH.
SORT BY NAME. Jane Street Group LLC is interesting changes.
They own 44,000 shares. During the 1st Qtr they changed considerably the PUTS and CALLS and SHARES they are holding.
The above are only a few of the bits of information one can gain from the Institutional Ownership of Anavex Stock.
Trust me the Mgrs of those institutions have a lot more expertise and understanding of Wall Street than us bunch of posters to I-Hub.
Net GAIN for 1st Qtr of 2024 of 6% ownership from 31% to 38% of our stock says MANY TUTES are interested in Anavex Stock.
Majority of these 194 "Funds" are not index.
Say what you want. I have been in AVXL since 2015. Yes I think Anavex has the science. Yes like all of us I wish it would happen quicker. Blame who you will or don't blame HIM. TGD. He is what we have. A few of us bitching on some Stock Board aren't going to make any difference to the BOD. Yes back in 2021 I did what I thought I would NEVER DO. SOLD ALL. on one hellava spike in our price. Gradually have bought back in and will continue to do so when our price drops increase shares.
For those who think I am crazy, Nutso or whatever I am not playing with the family farm. I am playing with a portion that if I win I win BIG if I lose it won't make any difference in our way of live. I don't hide behind some pseudo name. My "Moniker" is quite easy to find. FCC Federal Ham Radio License.
I'll end this with yes I bought a few more shares today. Price goes DOWN I buy a few shares. Price goes UP I Hold'em.
Damn TOM123 we are stuck in a trough up a buck down a buck. It might be a WHILE before a breakout.
Like the rest of us here what I would love to hear. TGD who states We Have Filed ALL for EMA. It will come. Most of us wish it was yesterday. It will happen in due time.
Later Gator
John k9uwa
It really is rather simple. At the end of the Year Tutes owned 31%. At the end of March they owned 38%. The last qtr of 2023 the price ranged from 6 to 10 pps. First Qtr of 2024 price ranged from $6 down to $4.50 pps. Probably they bought most of the additions the last half of March after the crooked lawyers filed their worthless suits. I would bet that April and May with the prices still in the 4's the Tutes bought more shares. The top dozen or so tutes holding AVXL have an average price between 6.50 and 13.90 and they are buying more shares.
So yes I too am loading the boat heavier than it was 4 months or so ago.
John k9uwa
Yes and we appear to be in the trough up a buck down a buck. Maybe since the Law Suit crappola ended 13 May we might be a bit more stable? One of these days some real news and then up we go again. Interesting the end of first quarter the Tute Totals are up from 31% to 38% ownership. Wonder what they bought in April and so far in May?Time will tell I guess.
John k9uwa
"I'm guessing you would not wish to be linked to the $1249 crowd" Yes $1249 is rather far fetched.
John k9uwa
This time around I doubt we have to sell a spike. Hope to hang in there until approval.
John k9uwa
"Yep, 9 years of accumulating." NO I sold ALL back in 2021 $21 to $19 pps crazy spike. Bagged the big bucks but then later had to begin buying back in. Boat is nearly full again.
John k9uwa
"Sideways movement...accumulation phase!" and I am accumulating.
John k9uwa
Wainwright
In that page is a link to click to get the conference live.
John k9uwa
" index funds and retail only"
Many of the 193 listed "Funds" are anything but Index Funds. Everything from State Teachers Pension funds to Banks to Investment groups.
Click up this list and view them. You can sort the list by Any Column either high or low first. At the end of the day they now own 38% up from 31% end of 2023.
https://whalewisdom.com/stock/avxl
I own more shares than a bunch of them.
John k9uwa
buddy's add under $4 A big DITTO 3.50 to 4.00 I doubled my share holding. Funny I too have MS & MCD. In my case it is for great grandkids College funds
John k9uwa
380,000 shares traded At the Close or in Afterhours Normally I pay closer attention to right at 4PM plus a minute and then whatever happens later. Today however we left early for nice Surf and Turf dinner. With She who must be obeyed. Yes upon looking when I returned saw the 4PM bit of a spike on chart and then later about 2/3rds of the total afterhours trades.
CrescentMotor's comment is a good possibility as to why we see these shares "change hands" in quantities afterhours. Or Pre-hours. Today was noticeably higher share counts than I have seen over the last several weeks. Many were we did 1M during normal trade hours and 100k to 200k afterhours. Maybe with a little luck we will be up a few pennies tomorrow. Always like to see a slight increase on a Friday.
John k9uwa
Volume for today At 3:55PM we had 588,897 shares. At 7:15PM we had 880.15K shares. So 380,000 shares traded At the Close or in Afterhours. Looks like the price stayed within a couple pennies.
John k9uwa
Don't forget those Tute numbers are end of March. By then AF and his merry band of shorters plus the Ahh sorta crooked lawyers doing their thing. Wild guess on my part that the Tutes bought considerably MORE in April. Probably also more in May.
Bank of America went from around 200,000 shares They added 650,000 more. Total now 850,000 shares.
I got the rest of my boat loaded late March April and May.
Damn Red love that Chevelle. Regret I sold my '65 SS convertible a few years ago. It had set in my garage for 2 years covered with no battery in it... so decided to sell it. A local who already had a '65 HT totally done bought it. He now has my Convertible all done. It is a beauty.
John k9uwa
Hi Leo No I don't discount the May 9th... and perhaps the best part of it was the Q/A portion. Although Missling did better in general than he has at some of the previous Quarterly meetings. So to who the buyers are lately? Some are for sure the shorters buying out of their short position. Perhaps some buyers arrived at Anavex due to all the really BAD side effects of the MAB's. Lots of news out there about those problems with FDA approved drugs. Safety of Anavex 2-73 has never been an issue for the patients involved in the trials. Now when I look at News on my Brokers page I don't see 6 to 8 news blasts from the Law Firms. The last I saw were only a couple on Monday 13th. Usual was 6 to 8 per day. Today on news I see the Anavex to Present May 20th at the Wainwright Bio Connect for Investors conference. Yes, I made several buys as we dropped from the 6's into the 3's. My intention this time around is to hold what I have until we get through EMA.
John k9uwa
But what if the stock shorter has it wrong and instead of the AVXL share price declining below the price he borrowed the stock, it, instead, begins a continuing, persisting price ascent? Right now, the AVXL share price is a bit above $4.00. What happens to the financial obligations to the holder of an AVXL short position when the price goes to, say, $10.00. Or, $20.00 ... and on up?
I LOVE THE SMELL OF BURNING SHORTS IN THE MORNING. If the price shoots UP enough the lender of those shorted shares has the right to SELL ALL of the borrowers portfolio if necessary to cover the short position. Yes they can come into that shorters portfolio after hours.. take what they need to cover and SELL IT. Mr Short checks in the next morning and finds his whole portfolio is GONE...
So what has caused the upward movement of our stock this last couple days. #1 the crooked lawyers who filed suit against Anavex had a Drop Dead Date of 13 May to get their Lead Plaintiff ... and that didn't happen so the Law Suit is all washed up the same as it was back in 2017 same law firms who had the same Bio Journalist Adam Fartstain. And NUMBER 2 reason. We are finally getting some NEWS from the company and Other companies are also writing about us. WE DO HAVE THE GOODS. In process of getting EMA filed. And FDA I am sure will follow as well.
Also didn't hurt that yes George notified the right people REDDIT and perhaps some of those guys have decided to begin piling onto AVXL. I see Short Squeeze coming over on STwits.
And YES for once Missiling did have a decent conference discussion. May 9th the questions asked and answered said a lot
I might be wrong but I think I am correct! Time will tell.
John k9uwa
Have been here since 2015 not likely to go away anytime soon.
This is WHY we went up yesterday and today. All the Law Firms passed their drop date yesterday. 13 May 2024 No Lead Plaintiff No Trial Bye Bye again Law Firms.
John k9uwa
Glad your getting back to Normal Red. As to our stock price With Approval we will be more like X20 X30
John k9uwa
759K at 3:10PM EDT. 50 minutes to go in normal trading hours. time for the shorties to buy their way out before they lose all their gains. Or set on them. Sooner of Later love the smell of burning shorts in the morning. OK we hit 1M right at 4PM.
John k9uwa
Don't forget Monday is the FINAL DAY for the Crooked Lawyers to get their Lead Plaintiff. Also means the end is coming for all of them to buy their way out of their short positions. I am sure they all took short positions back in Mid March when Korsinsky and AF assisted first Law Firm to file. Several others followed suit. I have my Boat pretty well loaded. Same as I did back in 2017-2021 when same "Law Firms" Same AF did the same thing to Anavex. Cleaned up on that one I did.
John k9uwa
SEC rules re: purchase of Stocks. SEC 13F SEC 13D / G rules.
The SEC's Form 13F must be filed quarterly by institutional investment managers with at least $100 million in assets under management.
(SEC) Schedule 13G form is used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
Schedule 13D is a form that must be filed with the U.S. Securities and Exchange Commission (SEC) when a person or group acquires more than 5% of a voting class of a company's equity shares. Schedule 13D must be filed within 10 days of the filer reaching a 5% stake.
about the only way anyone of them could pull off a "Buy Us Now" would be if we had some crazy multi millions of shares traded in one day. Then within 10 days required notification.
In Whalewisdom link below you can sort the filings by Date or by Who owns how many shares etc.
https://whalewisdom.com/stock/avxl
As a general statement it looks like we are UP around 800,000 shares owned by the Tutes at end of 1st qtr vs end of 2023.
John k9uwa
"I gather that AdamF" Yes back in mid March when the FIRST law firm KORSINSKY lawsuit was filed. Korsinsky article said Our BioTech Journalist Adam F said. Also if you go back look at AVXL back in 2017 Same Law Firm Same AF. Then it took us several years to recover from that attack.
John k9uwa
Are they paying your extra for overtime pay?
John k9uwa
I watched the close and shortly after as well. Stark difference to previous several days where it was a sell off.
Of course everything KUND says is FUD. Most likely he is paid to be here like several others trying to convince retail to SELL and be gone. His comment we should be SUB $1 ... Looks like some of the smart shorts bought their way OUT today and probably a few others each of the last several days. Loved the questions today from the Analysts. And the Answers. Also interesting looked at latest buys sells AFTER HOURS. Someone bought I don't know how many shares at $3.92. Currently shows Bid and ask prices and quantity available.
Bid price by size
3.88 x by 100 shares
Ask price by size
3.92 x by 1900
Those have to be Good Till Filled orders.
Maybe another short buying his/her way out thinking that tomorrow might be too late. Monday coming up is "D Day" for the blood sucking lawyers to get their Lead Plaintiff ... or give it up. Most likely all of them have been short since the first day or two of the filing of the lawsuit. No Lead Plaintiff they will buy out of their short position. Could be some have already been working on buying out take what they have and be gone.
Tomorrow should be an interesting day.
John k9uwa
"predict (guess) the SP of this at YE" I say a considerable amount above this 3.88 close today. George will probably saw $100.00 pps. I think we are getting close to the goal line.
John k9uwa
"hold water with the auditors" perhaps a better explanation is. Anavex stated $150M at Year End. Good enough for a 4 year run. 150 / 16 = 9.375M per quarter. This statement is end of first quarter Mar30th 2024. 150 - 9.375 = 140.625M left in the band and we actually have 139M so quarter #1 they didn't spend quite as much as expected.
John k9uwa
Interesting watching the close today. Different from the last several days. Volume the last couple minutes showed some trades of around 10K shares all still at 3.88 3.88.5 with the total shares at 769,000 and in the last instant today additional 170,000 shares traded and price stayed the same 3.88 And then around 4:04PM an additional 61,000 shares traded. Price stayed the same at 3.88 with a total traded today of 1,000,000 shares. The big difference today... no large quick selling DOWN at end of day.
John k9uwa
Cohort divide (people) into groups with shared characteristics. And since there are only 2 Cohorts pretty good chance they are equal in quantity. Something I saw someplace that ALL of the patients in this test were Inpatients of the same facility? First part is 10 days and results will determine what quantity of 3-71 should be given to patients. 2nd 28 days all will get the same quantity.
John k9uwa
"option grants which are almost 10% of outstanding share count" Then he has about 8 MILLION reasons for wanting the shareprice of Anavex to go UP UP and UP.
John k9uwa
They had something like 93% of the participants signed up for the OLE. Compassionate use in Canada was granted by the Canadian Health Dept.
John k9uwa
Have been here since 2015