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I sold my shares to offset gains as well. My investment wasn't nearly as large as yours and even though it hurt, it was money I invested 8 years ago. If an RS & dilution is coming then be patient. If you're right, it will surely drop down again. I've been burned with false optimism with this stock too many times. So many run ups to then come crashing back down worse than it started.
Unfortunately, the leadership gives investors no clear indication that there's any hope left for this company. I'm sure every single person who lost tons of money here could average down on the cheap and make back what they lost IF there were any hope that this thing could bounce back. However, there's no indication that doing so is anything but wasting additional money on a failing company that will soon go bankrupt.
Well, I hope my opinion is wrong
Let's be honest, anyone still here holding probably has an investment that's worth almost nothing and is hoping for slim chance that ANYTHING positive might happen. Any real event would send the stock soaring.
Years of people expecting that the next news event would send this to the moon were wrong time and time again. At this point anyone buying in is taking on a risk that has a huge risk of this going bust very soon vs. a good result. Anyone buying now would be better off throwing their money down at the craps table.
Even if there is a chance that something good comes out of the other trials, the market won't build that into the price at this point. Zero confidence in the management team, poor financial situation, super high risk. Anything that is truly good would cause a massive pop in the price because this thing is valued as worthless.
Exactly, hence why ANYTHING decent would shoot this thing up. Thing is that these guys SUCK and have failed for years.
The minimal hope left in this company is the fact that the platform is being valued at $0. If there is any shred of value left here that can be capitalized on, you could easily jump the price ten fold. That said, I have no confidence in these guys pulling off anything.
These past few weeks have seen most of us (who have been around for a long time) going from a 96% loss to a 98% loss. The damage was done long ago. This is just the final nail in the coffin.
The loss certainly hurts, it would be nice to have that money back... but I've heard of people losing huge chunks of money here, that I feel much worse for.
They had plenty of opportunities to finance at higher levels in past years and waited until they were in positions of weakness. They've done absolutely nothing to prove that they have what it takes to make Advaxis a success. I've seen the same nonsense for so many years. So much optimism regarding the science and then a big ol'nothing. No deals, bad deals, awful financial management. People keep talking about market manipulation, and maybe it's true, but somehow there hasn't been a single catalyst in years to push the stock the other way. Either they're dumbasses, incompetent, a bunch of crooks, or the platform sucks (which the results don't seem to indicate). I can't see it any other way.
I've been in this stock since 2012. I know I've seen your name since the yahoo days, so I know you've been in just as long if not longer. There has been absolutely zero confidence in the management team in that entire time period. I would kill to go back to the days of ignorance thinking that Tom Moore would get something done. It's only gotten worse since then. DOC was a joke, TL was a joke, KB is a joke. I would never, ever recommend this stock to anyone else. I could imagine if I told people to buy back when this thing was in the OTC at 10-12 cents and for people to see where we are now. Disgusting.
To me it's called a bunch of dumb asses without any real knowledge of the financial markets. Why couldn't this company bring in someone with real financial knowledge to run things instead of yet another lawyer?
All of these guys are scumbags. I have nothing against people who short, it's part of the market. However, when you intentionally try to create panic in order to tank the price so you can make a few bucks, it's just plain scummy. Honest investors lose their hard earned money and companies get sent to the crapper so these jackasses can play their games.
Yeah, looks like a nice pre-market number, let's see how quickly it gets squashed by something like dilution. I'm hoping that they're trolling us all and have a deal in the wings and won't dilute, but I'd be lying to myself if I thought there'd be any chance of that happening in reality.
Anyway, I invested into this thing 6-7 years ago. Heck, I wasn't even married at the time. I'm deep in the hole and just try to think of it as if I don't have the money I sunk into ADXS to begin with. So at this point anything I make back I'll gladly take as if I never lost it in the first place.
I think the biggest indicator of the near future will be how much dilution we get hit with. I can't imagine that they'd dilute the crap out of the stock if there's a deal waiting in the short-term.
The question is how much delusion is coming?
I guess it all depends on if the stock pops on any good news out of AACR.
It probably was a pretty great place to work. Great compensation, bloated staff, and little urgency to get a product to market.
15%+ price increase on news has been unheard of for this stock for a very long time. So I'll take it as something positive.
I was young and stupid. At the time, I didn't realize that DD on the management team was just as important if not more so than the product/science. This company was killed by crappy management teams one after the other. Who in their right mind would invest in a company whose CEO is Tom Moore or Dan O'Connor? We all put our faith in a bunch of losers.
But yes, I got greedy when it hit $30 thinking I'd get my huge payday even after people warned of pump & dump on the Yahoo boards.
What's the point in selling now? I've been holding this POS since 2012. I stupidly didn't sell when it hit $30 and then kept telling myself that it would hit rock bottom and either stabilize or turn around. How wrong I was. I make more in a day of work than what this garbage is worth in my portfolio. May as well just wait it out and see if it can regain some of its value at some point.