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Fresh paint. Looks like they didn't have enough to paint the whole building though or buy a new umbrella. :)
Actually, it looks vacant.
re:"...I don't see where anything was done wrong I did my own research"
Over the years, I've learned the hard way to spot actual scam companies, but funny thing is, these seem to get left alone. They only seem to go after legit companies like AVXL.
Lately it seems to be bio-techs. Before that, it was resource companies.
Remember when, a while back, oil was shooting up to $100 bbl? Metals were going way up too. I traded and invested in a lot of exploratory and junior resource stocks back then. They were popping up like dandelions. The only way a new miner or driller could get noticed in the crowd was to enlist paid promotions. It was standard procedure for them. Of course the management of these little hopefuls would speak in glowing terms about their plans and make optimistic projections about future growth. A few of them even had pretty good prospects.
Then the bottom fell out of commodities. I started getting all these investor class action lawsuit alerts in the mail asking me if I wanted to be a plaintiff because I had owned the stock at some point. The ridiculousness of them got discussed on some of the boards. The boilerplate thesis was basically blaming management for something that wasn't their fault. One poster said he actually responded to one of the letters by calling them up. The law firm guy then tried to convince him to pay a substantial fee "to get things started". Sheesh. It looks like even if they know can't get anything off a trumped up case, they'll use it as an excuse to get their foot in the door then make up the difference by bilking people they manage to reel in as clients. These guys are bad news all the way around.
After a while I didn't even bother to open the envelopes and they piled up a foot high. I finally threw them out along with the other junk mail.
Actually, I think that would be further down the road. I was just doing the math. It shows the great potential here though, doesn't it.
I don't use TA much except for Linear Regression once in a while for an overview. If you look at a 6 month LR line you will see it laying right on top of the chart up until Christmas which is when some new negative posters started appearing and after which the next round of attacks started. Then the divergence. Otherwise, I think we would be at (least) around 8.35 (LR point) right now, if nature had been allowed to take it's course, which was the uptrend that had resumed after the previous attack.
Oil dipping below 30 causing a general selloff again isn't helping at the moment either.
re:" I like TRTC better as they have an California dispensaries with 15 million in revenue and 1000 patients per day and over 40K patients total."
Yeah, but TRTC has about $46 million debt overhang compared to Supreme's 2 or 3 million. Plus TRTC issued share count is going to increase about 60% dilution with the merger.
I think will stick with Supreme but keep looking at trtc .
re: "And what PPS would that be then? "
$1.5b / 40.7 m fully diluted = $36.85
re:" My real concern is if there is a bigger game in play: to ruin the company because it's a threat to AXON or other BP. Does anyone else share this concern?"
Yes. Well, yes and no. Bigger game, possibly, yes.
There was a post on YMB that suggested AXON was "run by hedge funds". Now I don't know everything about AXON, but let's say certain stock pundits and associates steered a lot of big money into bio-techs that they recommended (AXON perhaps?). Now maybe some of the investors are starting to realize that they backed the wrong horse. Or, they don't want the other big investors to find out. If one of them left, it would crash the stock for the others, who would then be stuck. Musical chairs, well, whatever, people with a lot of money to lose because of bad advice could end up pretty ticked off. Could be bad for whoever got them into it, depending what sort of people are involved. 'Desperate times call for desperate measures?
So, what would trigger a collapse of the house of cards and how to prevent it? Only if there was something better out there. Which, as we know, there is. And there seems to be people out there for whom manipulation isn't just a last resort, probably a first resort and presumed answer to everything.
Obviously, there is an effort underway by market manipulators to keep new investors away from avxl. But what if the main thing is to prevent large funds from buying, for as long as possible, and/or also from deserting their present cash cow companies that have the market cornered with crappy drugs that don't work, but maybe not for long. They want to make that "long" as long as possible. It's possible that time is being bought for certain high rollers to reposition themselves. Or, so we may theorize. Assuming they're smart. Otherwise, bad for them. Eventually.
This sort of attack is usually waged on weaker companies, to destroy their ability to obtain equity financing, which tends to be ruinous. That is not the case here. AVXL has sufficient cash to fund the next stage major trial on their own, if they need to. Commercialization is going to happen. So the main effect is that of delaying future investor awareness or creating obstacles for legit fund managers who have guidelines like, share price greater than $5. Plus, if you're a FM slated with narrowing down a list of hundreds of bio-techs, who's going to take the time to see what all these "investor alert" law firm "investigations" are really about. It's likely going to get passed over initially. So, that's the extent of the damage being done, imo.
Unfortunately, very annoying, to say the least, for (us) retail holders.
re: "Support scalping swing trading? Why would anyone do that?" (in AVXL)
In an abnormal (e.g. this) environment, walk-downs are done by an MM level entity alternately shorting the price down and then covering as they go. They try to do this to avoid losses and also avert the proverbial "short squeeze". Swing traders and the much maligned "flippers" are actually competing with this process. It means that the manipulater can't (naked) short as many shares into the momentum top of the little covering rally, and similarly, stepping in front of them on the bid, means the manipulator will need to cover at a higher price. You may have heard the expression "fighting fire with fire" ?
Another way to look at is, what spells the end of a bull market? When everybody has bought. After everybody is full up, done buying, all it takes is a feather to knock the price down. And there currently seems to be an effort underway to scare potencial new buyers off. OTOH, swing traders are going to have some funds left to support the bottom. Theoretically, it impedes the process. How much depends on how agressive the manipulation is and how much resources thay are willing to expend to accomplish the goal.
re: "True but one has to think that if the future [of AVXL] was as bright as WE believe it is, the price would not be this low, ever, for any reason."
For any reason? That is a preposterous absolute statement. Of course there are all kinds of reasons for a company's stock price to dip even if it has a bright future. There are many bio-techs with nothing wrong with them that have gone down a lot in share price in the current general market sell-off. That is one reason.
Other exceptions include by reason of naked short selling, spoofing, slander and harassing lawsuit. Oh and did I forget, flooding discussion forums with posters who spout nonsensical criticisms and logical fallacy.
A recurring example of false basher logic goes like this: If the company were any good, why is the share price dropping so low?"
When there is an effort by posters in financial media to issue misleading statements to scare investors away from a stock, that is like shouting fire in a crowded theatre. In the old days, theatres tended to be wooden fire traps, but it remains a classic model in debates about freedom of speech.
Why would someone fraudulently yell "Fire!" in a crowded theatre? Well. maybe the plan is to pick the pockets of the trampled bodies left behind, after all the people have stampeded out the exit. Now I say, "There is no fire." But then he says "If there is no fire, then why is everybody stampeding for the exit?" Am I supposed to stop there and say "Oh, gee, maybe there really is a fire?" That's confusing cause and effect. Is the place in flames? No. Have the fundamentals changed? No.
MM shorts can keep issuing naked shares and hide them so It's possible a squeeze could happen but only with most effect on retail shorts like the KBIO guy who can't naked short.
I suppose you may have heard that the only way to reduce the leverage of naked shorting is to request the actual stock certificates from your broker and take physical possession of them. Last time I checked (quite a while back) my broker charged a $70 fee for that.
It might be a practical move for someone with a sizable position who doesn't intend to sell for a long time.
Universal cancer detection by detecting cancer nucleic acids in the blood. Sounds a lot like exosomes. Is this superceding aemd's work in the area? There would still be a market for aemd for filtering them out though, right? Maybe could be a good thing if it would indicating more filtering opportunities at an early stage where it would be most effective...
http://quadrangleonline.com/2016/01/11/gates-bezos-invest-in-cancer-blood-test/
Something I've noticed about our nemesis of sorts, AXON: Around the middle of November when some of the regulars from here went over to the AXON board to raise certain issues, it looked like the only ones posting over there were "our" guys. I expected a flurry of AXON fans defending their "great" company, but, no. And it still is virtually desrted , only a handfull of posts since then, grand total of 56 posts (compared to AVXL's 49,366+). Checked SH, AXON doesn't even have a board there. Also very sparse on Yahoo.
Interestingly, one of the handful of relatively recent posts on Yahoo suggested a point, to the effect, that AXON is mostly owned by hedge funds. I take a peek at it once in a while, and keep wondering what is holding it up. There certainly does not appear to be any ongoing retail interest to speak of in AXON thus far.
In regard to the recent MF article, although it is accompanied by the apparently obligatory (albiet relatively mild) bash of AVXL, this the first AXON pump article I've come across in recent memory. I stopped following advice in Motley fool articles a few years ago after they recommended to buy Best Buy, right before it gapped down on a major sell-off. Got clipped on that one, been rather skeptical on Motley ever since. One needs to watch out for a lot of these buy recommendations that come out from seemingly established sources. It often means that somebody has a lot of shares to unload. And who to unload it on? Retail, of course.
Could be some of the hedge money in AXON is getting edgy and wants out, so, a hypothetical phase three or plan C might involve more of what we're seeing now with the Motley article. Who can say, could be good in a way if it is that simple. Obviously, with the recent overall market and sector drop, a lot of retails have exitted and are now sitting on some cash that may start to burn a hole in their pocket. Maybe the focus will shift to diverting buyers from some other biotechs to try to get them to buy AXON.
The underlying system that allows abusive naked shorting is kept opaque so we can only theorize what and who are behind these aggressive attacks. There are probably quite a few millions still in play behind the scenes that will need to be reconciled between the fund players eventually, although naked shares outstanding can be concealed for a long time by means of the equivalent of check kiting and other tricks.
All we really know is that (unethical) tactics are being applied to force the share price down. It may be that whoever is orchestrating this has figured that they've got about all they're going to get out of (stubborn) retail. This would seem to bring us to our current round two or plan B. What might the parameters be?
Well, I seem to recall reading somewhere that many (most?) institutional fund managers have a rule that doesn't allow buying stocks under $5.00, and any kind of lawsuit, bogus or otherwise, is also going to give pause. So, we might expect some artificial resistance, pulling out all the stops (again), at the $5.00 level.
If regular funds can't be kept from buying in, that could spell a bit of a headache for the attackers.
Just an educated guess at this point.
Suggest have a warm beverage to sip, it is a bit of a long read, but good also:
http://smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/
re: "Why would avxl use promoters/pumpers if they were not a scam?"
Anevax doesn't use stock promoters. You have submitted no links to any stock promotion ads paid for by Anevex, therefore it may be concluded that they don't exist, and that your assumption is false.
re: "Why would they put out misleading information if they were a legit company? "
They are a legitimate company and all the information they put out is factually correct. Since you have posted no link to an example of misleading information put out by the company, therefore it may be concluded that it doesn't exist, and that your assumptions are false.
re: "...I hope the entire avxl crew gets lynched! "
Historically, lynching usually involved falsely accusing someone of wrongdoing and then inciting a mob to kill them, as way to intimidate minorities. Lynching is illegal.
So, even if one does not take it literally, you are saying that you hope the company succombs to being a victim of illegal activity and false accusations. It's ironic that something deplorabley unethical seems to have been automatically reached for as remedy, amid all the the ostensible rightous indignation.
Fruedian slip? :)
Yeah. ok. It does appears to be trading on real time quotes now. Just their basic software shows funny symbol . Scott has been pretty glitchy lately. I suppose I'll give them some time then call them back if necessary...
SPRWF#* -according to scott, trading halt in Canada...news?
The problem with nefereous misuse of algo trading is that the evidence of wash trading and spoofing comes and goes in a few seconds, if not milliseconds. Up until lately, regulators have not appeared to be very computer savvy. That could be changing:
http://www.msn.com/en-us/money/markets/in-algo-wars-market-police-deploy-weapons-against-spoofers/ar-BBo0ynB?li=BBnb7Kv
Bernie Sanders is the only candidate to support full legalization. Hillary has only said that she was in favor of moving pot to schedule 2, ranking it with cocaine and crack, but she is otherwise silent on the prohibition issue. Her political style is to make calculated remarks based on what will get her the most gains, so it is possible that, given the majority opinion in the country that she maybe, might incrementally move a bit further, or, maybe, just conveniently forget it altogether when in office. There are a lot of people who liked Bill in spite of everything but who always disliked Hillory. For many, she seems conniving and untrustworthy. Her campaign is almost entirely funded by large donations whereas Bernie Sanders is almost entirely funded from donations under $200 by individuals. Sanders has about 32% in the polls to around 50% for Clinton last time I checked.
Trump favors "decriminalization" but his bellicose (mostly factually incorrect) one-liners are probably the best thing the dems have going for them right now.
Rand Paul would let states decide, which would repeal federal prohibition, which is all we need, really, but he is crowded out by all the rampant populist sloganeering of the other repub candidates and doesn't stand a chance.
All things considered, Sanders liberal agenda doesn't really scare me at all, compared to the scariness of the other two front runners. jmho :)
Anyway, time to celebrate the holiday. Not worry about stocks and politics.
Merry Christmas.
Alcohol causes brain damage.
What a surprise. :)
"Now, brain imaging is revealing how long-term alcohol abuse can change the structure of the brain, shrinking gray-matter cells in areas that govern learning, memory, decision-making and social behavior, as well as damaging white-matter fibers that connect one part of the brain with others."
http://www.marketwatch.com/story/the-effects-of-chronic-drinking-on-your-brain-may-be-even-greater-than-we-thought-2015-12-22?dist=beforebell
I've been there. Yes, that's how I remember it. Thanks. :)
I remember when that was just a (somewhat scoffed at) theory. So, the prion domino effect has been proven. Good. We are on the right track.
Oh. Really? I never knew that. Yup, could be a factor then.
I always thought of him as pretty independent. He has dissected touts from Motley Fool, Stansberry, pretty much everybody.
But, yeah, could have been some influence, who knows. I don't recall him being so sloppy in critiques.
Maybe they got bought out over the years. For example, Agora is a huge umbrella encompassing a menagerie of outlets. One way to assure success in the newsletter business, like Hillary may have had with her miraculous pork belly trades a few years back, is to have multiple accounts with opposite positions. Eventually one of them is going to have a winning track record. Sweep the other ones under the carpet and look like a genius. :)
Gumshoe has been around quite a while. It's been years since I went through their site. The most I remember by way of recommendation was a grudging "maybe...", once in a while. I guess they could have started making positive recommendations at some point, or I might not have noticed.
Anyway, the scoff doesn't seem to have hurt us too much, this time around. I don't think he has that big of a following.
It's hard not to get paranoid about every little thing when they really have been out to get you. And then there was that million share dump Friday at the close. However, I think, really, that was more likely due to "normal" price dislocation due to option expiration. There is a theory that options will tend to expire at the point "of maximum pain". Which is where the greatest number of outstanding puts and calls intersect. Usually though option tweeking is a lot more subtle. This was like an anvil dropping. Here again, the chart pattern seems to be resuming a nice meander and the volume is more sane. Appears to have been a one time "adjustment".
re:"this guy didn't read or understand the info the company gave about the trial."
Very Likely. Also that the "fanfare" factor was due to unrelated third parties.
Re: "Fuererstein follower?"
I would say, not really. Gumshoe's main thing is to be skeptical and investigate all those ads we see about "The end of the Internet!", "The disruptive new technology that keeps Warren Buffet up at night!", etc. The ads typically run on and on dropping little clues, then end with a pitch, that they will tell you the name of this secret stock after you subscribe to their newsletter or service. Most of these newsletters and their "secret" stock picks tend to be overpriced and underwhelming. The fun of gumshoe is piecing the clues and hints together to try to identify the "secret" stock after which he levels some skepticism at the outlandish claims.
I used to fall for those ad touts and also, after a while, with effort, start to figure some of them out on my own. They usually don't pan out. Then I discovered that Gumshoe had also been doing this as well. Basically, on balance I think it saves people a lot of money that would otherwise be wasted.
He probably read over some of the hit pieces as well as, and so I've heard, an Angora piece projecting eventually $900 pps. (Though, to be fair, didn't I also hear that agora only said to buy 100 shares ).
Obviously, there is reason to be skeptical in the incurable disease space. That's his thing. To be skeptical. He never recommends or touts a stock. It's unfortunate that Anavex got lumped in with the long list of others. Not helpful, but in this case, I don't think he's out to get us or is complicit in a shorting scheme. His research is obviously falling a bit short here otherwise he would have tempered his remark. He'll be proven wrong eventually, of course, in this instance.
I don't think you could say that of Bernie Sanders.
Hillary is being pushed by major media but she just seems so conniving and creepy. Trump is... well.he just got endorsed by Putin. Half a loaf at best from either of them.
I always liked Rand Paul but he doesn't have much of a chance.
You know, after following Canada politics a bit, I'm thinking maybe liberals aren't so bad.
Looks like Bernie Sanders is our man. :)
"F" in this case means "Foreign".
I think at one time foreign stocks could only be bought indirectly through ADR's (American Depository Receipts) which have a "Y" now.
Now, the TWMJF shares are "ORD's" (Ordinary shares). I believe they are actual shares bought through a broker in the foreign country e.g. on the Canadian exchange, and then held by your broker in this country after being adjusted for currency exchange rate. Stocks that can't trade on a major US exchange (not in the club, we'll say, yet, for Canopy) can still trade Over The Counter so long as there is at least one market maker, but they have to get an OTC ticker symbol. Sometimes it seems like the MM gets lazy or asleep, generally there aren't too many on OTC anyway so one needs to check the price on the Canadian side (and convert) before placing an order. Investors can basically trade amongst themselves on this side when the bid/ask coincides. Lack of MM participation though is the main reason for the low volume and wide spreads.
It's my understanding though that the ORD's are actual shares such that you could receive them as certificates if you wanted to.
The thing I don't know, if somebody did that, you would probably have check that ominous box on the income tax form "Do you own any foreign companys.." Don't know what would happen, whether black SUV's would show up, or what. :)
re: FDA regulations forbid compounding pharmacies from making exact substitutes for existing generic treatments."
That's weird. I wonder why.
I was thinking more like radiator flush, once in a while, flush the crud out, especially if you are getting old, etc.
Did you get the weird error screen. I skipped over those posts. Now it seems even slower than usual.
Timing the bumps and dumps
I thought I read that it was filed with three possible pairings and that the patent office just didn't want to do a patent with the multiple choices in it. They would need to pick just one generic to pair up and then re-file.
Actually, this could result in two or three patents if Anavex decided to separate out the other choices, then re-file for them too.
If you look at the 60 min candles, first hour on 12-14 Mon a 1.31 million share buying operation goosed it up. Then on 12-15 Tue today) at 1:30pm a 1.30 million share dump (of the same shares?) with an almost identical price offset. Then we close just under $7.00. Quite the coincidence, wouldn't you say? :)
At least one other observer noticed the single share trades today, we could theorize as signaling between hedge fund MM's. If so, it seems apparent what the signaling was about...
Yeah. Not sure what to make of these single share trades. Another one just happened. Signaling?
re: AND it's organized crime that LPs should be worried about and focusing on, not a mom and pop dispensery or the mmar "
I don't see the currently Licensed Producers having anything to do with either of them. They do not legislate or enforce the law. That's what governments do. The government has seen fit to license producers that meet their legal requirements. Licensed Producers just obey the law and work on producing product. That's what good businesses do. That's their job.
On the other hand, in this competitive market environment, the most conspicuous obsessive focus of vocalized worry seems to be coming from business entities that are not willing to accept equal legal constraints on their businesses.
I like Canada. In the past I liked to invest in Canadian resource companies. Right now, petro and mining aren't so good. I consider Canadian cannabis as a kind of resource and one of the better resource investments available.
Mining companies have to submit to all kinds of legal requirements to finally get a license to dig with government permission. Sometimes previously lax governments will crack down on unauthorized mining and this results in previous resident "artisan" or freelance miners getting hurt. Actually, freelance miners often get hurt more than just economically. The whole friggin tunnel caves in on them, due to no safety regulations. Such is the case in many "third world" countries. OTOH, Canada is big on mine safety regulations. It's a consideration when investing.
Investors here are mainly just concerned with doing better than bank interest compared to a savings account (which is zilch). Most long term holders have made their investment decision long ago and are staying put, for better or worse. We can't invest in basement grows no matter how often we are told how wonderful they are.
It is a credit to the present government that they are considering suggestions from all related parties as they craft legal policy. If people want to influence outcomes more in their favor, they should be advocating to the government officials involved, not haranguing small investors who, collectively, maybe own 1% of the float of one company. We can't do anything for you.
Yeah. I was thinking of some stalwart poster over a year ago, consistently predicting $17 amid a lot of flak. Starting to look like, maybe not so off the wall, after all...
All I know is it's probably not going to be a straight line, but, increasingly likely, up from here.
To the moon! Yeeeeeee Haw!
(and that would be from the the other guy) :)
q= a+ bi + cj + dk = a + \mathbf{v}
the exponential is computed as
\exp(q) = \sum_{n=0}^\infty \frac{q^n}{n!}=e^{a} \left(\cos \|\mathbf{v}\| + \frac{\mathbf{v}}{\|\mathbf{v}\|} \sin \|\mathbf{v}\|\right)
and
\ln(q) = \ln \|q\| + \frac{\mathbf{v}}{\|\mathbf{v}\|} \arccos \frac{a}{\|q\|}.[23]
It follows that the polar decomposition of the quaternion may be written
q=\|q\|e^{\hat{n}\theta} = \|q\| \left(\cos(\theta) + \hat{n} \sin(\theta)\right),
where the angle \theta and the unit vector \hat{n} are defined by:
a=\|q\|\cos(\theta) = $17.00 / share
sorry, it's the weekend and I couldn't resist having a little fun here :)
Some investors here are quite up on TA. In regard to manipulation, watching candles vibrate while the bid keeps getting jumped down is an indication to me of high speed computer trading. While there is obviously a human hand involved, the algorithms put in motion are going to be mathematical, and pretty much all the computer really has to go on, so far as feedback, is going to be TA based. So in this case, matching up TA could be pretty useful.
option strike price