InvestorsHub Logo
Followers 7
Posts 577
Boards Moderated 0
Alias Born 08/18/2015

Re: None

Sunday, 10/18/2015 8:14:37 AM

Sunday, October 18, 2015 8:14:37 AM

Post# of 18784
What investors here need to understand: First of all, the company needs to cut costs (restructuring because they have no revenue). That is what they did. They also need to have a plan B (r/s) if results & negotiations (incluting negotiations with NASDAQ will not give us more time to stay listed or otherwise get above $1). That ratio up to 100-for-1 does not mean they think this stock will go lower, it means they want to also consider making this stock attractive to institutional buyers which usually enter around $5. But this is only plan B. They have planty of time to get this above $1 before Dec 2015 deadline. All we need is e.g. partner news, immediate approval, buyout, new results, big fund entering here etc.). Also please keep in mind that tax selling is coming to an end soon and that automatically puts buy pressure on AEZS. I say good luck to those of you who sold and try to enter next week or later. May not gonna happen.

#All this CH11 talk is nonsense
#All this talk here regarding r/s is always bad is also nonsense (recently ABIO made R/S and they are alive, so is CRME etc.). R/S will also reduce shorting because the less shares there are the more risky shorting becomes.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AEZS News