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Thanks powereslker
Biogen has access to A2-73 for appx. 6 months now. At what point, do we assume they are no longer interested? I don't think we will see a PR to that effect so what is the timeframe? 9 months? One year? Without any news of a continuing/expanding role with Biogen at some point we need to assume they are no longer interested. Curious what some of you think.
I think we will bounce off of 5.65 two or three times tomorrow be fore we head to 6. I think we close above 6 tomorrow. Next week should be a nice run too!
Will we see a block trade right at the close today?
Last 4 days we held the 20day MA. I think once we hit the 10day MA (currently at 5.63) will be the day we see s nice pop of $1 or more.
You can't tell me that we are not under strong accumulation by the tutes. These block trades as markets open and just at the close are classic moves by tutes. We may be weeks away from block buster news and in the meantime that are filling their baskets. When we see next quarters, additions, don't be surprised on who shows up on the list
Perhaps, next bit of news will cause a halt to trading due to severe imbalance. Forget about $1 moves, we may see a double digit move or three.
This is starting to get exciting with only 4 trading days left before we enter the month of WOW!!!
I wonder if the 21st century cures act is coming into play.
The time to add is before 10:30 tomorrow (assuming no 8:00 news).
Perhaps news will be forthcoming when we happen to approach the resistance.
I'm with you jimmy. I watched all day today and I sense the buyers are still there. It looks like Rhett will be the driver. If it works for Rhett and data so far strongly suggests it works on AD, then $5B MC is upon us. $5B MC should then be the new floor.
The March 12.5 calls stood out today.
It is looking like a close of 5.25. Down a penny. Most likely a block trade at end of day at 5.25. The tutes silently add.
We should be getting close to hearing an update (if any) on the last two operations.
I've been invested in ADXS for over 2 years. Though I believe the grants seem to be excessive, I exercised my right and voted "No"on my 15k shares.
As far as value is created, I believe the ground work took longer to prepare but in the end will result in a larger building. If I may use a building metaphor...Dan's early years he inherited a toxic waste dump. They were known and unknown problems to be resolved. As the problems were rectified, it was setting the stage for a larger and taller building. None that we have solid land mass the foundation can be poured. We all see that foundation can support a very large building (think of market cap). As the days/weeks/months progress we are slowing seeing it rise. Now that the frame is up the building looks almost complete. But it's not...All the guts (electrical, ventilation, plumbing, etc.) still need to be completed. Everyone can see /should see what the ultimate building will look like but it is not dome yet. Others (BP) can visualize the worth. So can the tutes (thus them ading). Investors, on the other hand are blind (some, but not all). It's just a matter of time, when the building's full value will fairly priced. Right now, it's just consuming debt (building costs). Once completed (and hopefully before that) some BP will want to be the rent collector and thus buy the property. I'm patient (although not my strong suit) and I believe in several months we will attain our true value. Just think when all the BP's bring back all that overseas cash. It will be like a kid in thecandy store. They will want everything. Just my two cents.
If the 5 option is in play today, then I guess we will be looking at the 7.5 options next month. That could be a 50% move (without news).
I think we will see a pop from 5.30 to 5.40 shortly.
This has been under accumulation from the tutes for a month now. I think they will add more here before end of day before the long weekend. Watch the closing size of trades today.
Here's to next week and beyond.
Myrediction. We close at 5.50 up 6 cents!!
Ok the capitulation happen. I would have thought many of the Feb 5's would have closed out once we got below 5. That didn't happen. I added 1k shares at 5.05. Though we may touch 5 again, I think we are mostly up from here.
Next week, after the 3 day weekend, would be nice for some news. With the clean out the last two days, we are poised for higher prices. JMHO
I've never been more confident that we are on the verge of a major melt up. I believe there are many of us licking our chops to have an opportunity to add below 5. I think there will be one more assault at 5.10. If that holds, then that is the time to add.
You look at them all. The note says "you agree to look at pages 1-10". It doesn't say only pages 1-10...nor does it say you can't look beyond 10. If the intent was only 1-10, then the looking should be supervised. My friends call that a "HJ"... Hunt Justification.
Mycroft - good point. So perhaps discussions are incognito.
Jeffrey - you said Biogen is delaying the results...When were they due? I thought it would take 6 months or so for them to feel comfortable, with the results, one way or the other.
What are/were the expectations we would hear something on Biogen/MS? Is 12 weeks ample time to test? I say 12 weeks because that is what Dr. M said it would take with Rhett's/ Parkinson's. What do you suppose Biogen is testing MS on? Would that be enough to convince them to strike? Any thoughts on this? Thanks in advance.
If the Biogen MS update is positive then all hell will break loose. It will be an indication of a potential bidding war with Biogen making the first strike since they have data!! Others, will jump in because they don't want to be left out.
Lots of call options traded today. Over 1,400 with over 700 in the money (2.5's and 5's). Puts on the other hand only traded 11.
Even the Feb 7.5s (expire in 2 days) saw activity.
There were appx 160k shares traded below 6.18 today and over 1.4m above 6.18. It sure seems like we are still under accumulation.
Any thoughts on the options? Shorts covering? Buyers looking to add as they continue to accumulate? Or retail thinking of locking in?
Any size at the ask is quietly being absorbed. And the buyer lets it drop and cleans up. Rinse lather and repeat. Someone is still in the accumulation mode.
I think this is going to get exciting.
I think we are getting real close to that $1 pop I've been forecasting.
It sure seems like the pot is starting to boil. Now will it evaporate or blow the lid off. Don't try to catch that hot flying lid!!
It sure seems like the pot is starting to boil. Now will it evaporate or blow the lid off. Don't try to catch that hot flying lid!!
Ok. I'll bite... let's start with $1B MC. ??
It looks like 6.20 is the hump to get over this morning. How long will it take?
If we are ever bought out, it may be a good investment to own the acquirer. I bet they will be paying a nice dividend for years to come.
Timing the market doesn't always work to ones advantage. If you believe the product works, then $6 is a very low entry point. Who really knows when is the best time to buy? If you are looking to take a stake, my MO would be to take a position now and if it drops you can always add. On the other hand, if this starts to take off, you can add at that time (knowing you got in at $6).
I believe the science works and the current market conditions dictate we are going higher. If no news, I would wait about 20 minutes to make a purchase. Let the first of the morning buyers dissipate and buy when it appears the shorts are thinking this is where they will make their stand. Their stand recently has been short lived. But maybe tomorrow they might have a day of victory. Overall, I believe we are in an uptrend for several more weeks or longer and then if there is news. Well, today's price will be ancient news.
Go with your initial hunch, that is the most rational voice you will ever hear. Best of luck in whatever you do.
Did anyone else noticed the two block trades today? The first was right at the bell (9:30:00) it was for 19k shares and the other was right at the close (4:00:00) for another 13k.
Does the shelf need shareholder approval? If so, when is the SH meeting? In April?
If the shelf does need shareholder approval, then I don't think a BP deal will be announced until after SH approval.
There is a 5% threshold.
Schedule 13G is an SEC form similar to the Schedule 13D used to report a party's ownership of stock that is over 5% of the company. Schedule 13G is shorter and requires less information from the filing party. Ownership of over 5% in a publicly traded stock is considered significant ownership, and therefore must be reported to the public.
Read more: Schedule 13G http://www.investopedia.com/terms/s/schedule13g.asp#ixzz4YenNo0Rf
Since the last private placement with Fidelity (with outstanding shares going up) tutes % of the total has gone down (assuming no additional buys). I believe they are required to report if the % change (i.e. drop below or above 5%).
LOL!!! Me too. That coupled with what happen with NVIV and I'm still tripping over them.
Whiskey...If this accumulation was like prior moves up then I would agree with you. This move is not only retail. There is smart money (not to say retail are not smart) behind this move. No news, may drive some retail to unload but the tutes will be right there and accumulate. So any downward move will be small (less then 0.50 cents) and will be short lived.
On another note, I love seeing all the TA stuff so thank you everyone. Since I believe this move is unlike others we had in the past, I don't think resistance above where we are will mean anything once news hit. We should be at $16 on the way to $24 ($1B MC). Tic Toc.
Yes, the big difference with this move is the tutes!!
I didn't see my $1+ move today, but its coming.
I wonder how much Noble will increase the price target once we get news?
We should see at least $1B MC by June. We should have some news by June don't you think??!!??
Double digits for sure short term. In fact I'm calling for $1+ today. Will we see 7's today? There is a patient buyer. I think just one buyer so far. Maybe a second one will show up later today and drive share price even higher. That is what i feel is happening.
That's how I feel and been saying. The Cure Act is coming to Anavex. Perhaps in the kettle is AF and all the other shorts.
Question: If BP is serious about partnering, wouldn't you think they would want to strike now before any other developments? It may be $5B now vs more later.
I wonder how many new members are tuning in since Noble's coverage? My guess there are scores and many more to follow.
My guess is soon, there will not be enough hours in the day to read all the posts.
Let's hope this next week continues to be positive.
Obi. You need a lesson in accumulation (and thank you for the compliment - although I'm just a borderline genius).
If ADXS issues more shares to a partner, others (.i.e. Tutes) will be jumping into this and/or increasing their positions. Just like last time. But this time it will be of a larger magnitude. In the end, after your so called dilution, the MC (and the share price) will be much much higher then it is today. At that point, let's see what % the tutes will possess.
Issuing more shares is NOT a singular event as you believe (and that is what is blinding you). The purpose, which you will shortly find out, will have far greater more complex and will propel the share price a lot higher than where it currently sits.
I sense, while driving your car, you rear view mirror is as large as your windshield. Knowing what you just ran over (in this case, the shelf) is note worthy, however, there is no way to deduct its time to leave the highway (this is where your oversized rear view mirror distorts reality). For me, and most others I gather, see a super 8 lane highway opening up! Yeah, we will be burning more fuel, but we reach our destination a lot quicker and with a big partner and a lot of time to enjoy the destination.
Best of luck closing your short position. Do it early Monday when the weak hands sell because now it is known, we will be going higher (the smart money knew this coming thus the recent stall the last couple days).