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Bring it on home baby. No place like it.
Easy, no disagreement with your post. When a sitting CEO and BOD leaves, and he didn't see it coming, if true, speaks to an inability to connect the dots at best, thus way past time to be removed. 2nd point is the resignation concoction, while sop, is a fabrication agreed to by both sides so as to pass the plausiblity test for public consumption. The IR responses that perpetuate the fabrication, bring an element of tainted fruit to the tree with regards to any following statements. In the case of Tupoofy IR response, with the lead off lie of Dan resignation underscores the remainder statements as more of the same drivel, whether they have an element of truth or not. By design they are simply providing information that could be reasonably inferred otherwise. The good news is we're one day closer to a more meaningful level of disclosure about the strategic direction of the company.
One lie to cover up another. He got fired and if he didn't see it coming, what took so long to bury him?
Tupoofy IR 1st sentence is a lie if certain posters, who claim to have spoke with Dan post firing, AND claimed Dan said he didn't see it coming were being truthful or accurate in their interpretation. Of course, Dan could have been lying to the posters as well. He got canned. That's what I'm going with. As for the other content, not a damn thing was said.
Anybody who doesn't accept you were on the right side of sentiment that ultimately convicted doc of actions that were not to the benefit of sh's shows the lack of humility and honesty required to move forward. Hiding behind reasons of tute involvement and dominance totally dismisses the notion of retail contributed to the dismissal of doc. It's utter bs to state that retail didn't see the EXACT same conditions that the BOD ultimately decided were enough evidence to fire doc. Of course the uninterrupted denial of weakness in the apologist platform only contributes to the sham. Truth be told, it was me, and me alone , save bourbons contribution, that prevailed on the BOD to fire doc and go into complete silence baffling even the most ardent apologists.??
I did a quick Google of adage advaxis. 2 seconds later I had the following link. It purports to show the buyins. 4.5 mil @4.25, 500k @ 7.50, 500k @ 19.
https://www.google.com/amp/s/www.thestreet.com/amp/story/13139434/1/advaxis-receives-vote-of-confidence-from-hedge-fund-adage-capital.html
I was thinking the usual waivers would need to supplemented/replaced with malpractice insurers blessing, thats all. Personally, I'd sign any damn thing in front of me with no other viable options. Post haste...
Maybe I missed it but I'm surprised the prescribing docs/team liability, medically and professionally, presuming no health insurance reimbursement, vis a vis an experimental therapy, hasn't been mentioned. I am excluding trials as they have a level of liability protection for the investigators and sponsors. Is the same level of liability protection available outside of the trial structure? I simply don't know and am asking.
blue I respect your tenacity.
Blue, I like it... as one who literally drained the post op refuse several times daily overwhelming the 1/4" tubes draining the chest cavity, 6 if I remember correctly. Until that phase of recovery was over, all l can say is I hope the promise doesn't get derailed.
Thanks cattdog, I'd be remiss if I didn't remind you of your, at least in my mind, classic post... "It's shorts covering" on the day of the rout to 5's, the day which I posted back at your post "shorts covering", as your explanation of the action. I said "shorts covering? it's a rout" Sorry, when you have something material get back to me. Were on the same side. Happy endings are relative. Good luck...
Blue, wife had stage 4 bc. What I'm happy with, besides profit, has everything to do with getting drugs to market as so many therapies get derailed. If, and it's a big if, a takeout by BP would accelerate the pathway, Im in. Investment is one level of satisfaction. Accelerated development is another.
Iggy, the fodder has included all retail, and all tutes and funds, as ownership is in the same boat. Anyhow, Thats why your guy got fired, everybody has gotten screwed, despite your incessant characterization of longs wanting change being a sign of weakness, that is, what you posted before dan got canned. I submit that $7 sp is the real weakness. I agree with you that emotions have little to do with real value unless one side, or both sides of the table succumb to them. I submit that an assessment of $20 is in line with current valuations. You know why? Well, I stand to make a boatload of cash. Not concerned in the least by your investment horizons. Just mine. The moonshot theory is well, a theory. I've never made money with theory, just a higher sp than what I bought it for. A precipitous rise in the sp, welcomed by everyone long, would likely alter that view. Absent that, show me the money. Most folks don't have an investment horizon that is infinite, as yours appear to be. Mine are clearly finite and I want to cash out before the ball gets fumbled again. I would reassess in view of new developments, but as it stands 20 is a GREAT target for me and my horizons. Good luck.
More likely MM balancing the book.
I got same response a week ago, less the the same existing vision statement, which I find self serving at best. What they're really saying is that until we get a new guy or material events occur, we stay the course and don't expect anything in the way of strategic initiatives. Thats that...
Frankly I was wondering why the best nick on the board hadn't weighed in. Many investors here are zealous to protect the staus quo to their obvious disadvantage as it turns out. For my purposes, $20 would be damn fine.
Those willing to wait out a higher price reality, I have no argument with. It's all a matter of investment horizon. There is little doubt in my view we're having a relief rally after the ceo news didn't have the sell off effect many had hoped for. Though with the value destruction that preceded, it was almost anticlimactic. I'm delighted the rally has reduced my paper loss and hope it continues. Waiting on a pr from mgmt to flesh out the plan going forward.
I would do back flips for $19.50. Any tender offer would draw out other suitors, if any. That said, for my purposes a payout would be most welcome.
If not now, when would it be more critical to demonstrate leadership? By not acknowledging key issues going forward, and providing a very simple timeline for responses, Lombardo has created an intentional info void that is most always perceived in the worst possible light by investors. Calling for a strategic review to ensure the company core competency remains on track is the minimum response I would expect.
I'm glad you restated my position. It's imperative Lombardo, not COB, establish his strategic position, interim or not, to affirm the company's strategic position vis a vis monetizing their assets.
Lombardo should establish his hegemony. Sever the ties with the past, assure investors of his intent to provide a reasoned approach to creating value, that has nothing to do with false promise of the past. This is not simply turning the page. It's writing a new chapter in regards to acknIwledgement of investor sentiment.
A single pr stating that a reevaluation of the strategic plan going forward would take the investor base past dan to what could be vs what was. Acknowledgement of the fundamental issue affecting investors which was THE reason for his predecessors dismissal would be appropriatse on every level.
This was like a normal day for ADXS. Pretty underwhealming actually. Just a note on doc. I think he was seduced by the heady $1B+ valuations of the early days. To the neglect of the fundamentals of the business, forgetting the optimism he maintained meant little to investors no longer optimistic AND losing money. The final straw was the Kathy Ireland 1 act play video. In a starring role, he and the science became a laughing stock. What was he thinking? I know, it was the old razzle dazzle. He gets the last laugh as he walks away with millions but at least now, the company can chart a new course with priorities in line with investors interests. Bout dang time.
F investors had a dividend to soften the common blow as well. Yet, the F BOD did right by stockholders using the pps as the metric for accountability. Our BOD would do well to put DO on notice. Turn this around or else.
I'd be all over that... Those that wish to stay the course can buy AMGN.
Short covering? This is a rout. There is 0 defense from tutes on the long side. The apologists would have you believe this is all manipulation, buying opp, blah blah. What world besides disaster movies think this is normal. None...
Stock looks coiled with a great move from .30 to .80 and all the real news in front of it. Next stop >$1.
My chart shows resistance broken in the 9.60-74 band with volume. A few of the tutes change bias, start covering and who knows, 10.30 - 10.80's, clear to 12, then 15.
Get ready for the New Year. Quarterly FOCUS updates, financing HAS to be resolved, either by partnering or sale of IP. Trump tax holiday if goes as planned brings offshore money back to the US, providing capital for acquisitions. This is the bottom imo. Undervalued is an over used term, but MATN appears to be one of the bonafide cheapies out there.