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Re: tx_farmer post# 18344

Saturday, 04/15/2017 1:13:29 AM

Saturday, April 15, 2017 1:13:29 AM

Post# of 108192
tx_farmer, ADXS is legit alright. That's why I own a chunk.

But, FIRST: anyone investing here MUST be ready to lose much of what they invest. That's the nature of biotech -- if our AIM2Cerv fails and neoepitopes prove not as powerful as expected....

SECOND, anyone investing in ADXS now must be willing to wait at least 2-3 years before they might be able to harvest a sizable return. For those with the appropriate investing acumen, a worthwhile strategy for biotechs, including ADXS, is to buy dips and sell into rapid price increases like Aug/Sep 2013 (~$2.50=>~$6.00), Dec/Jan 2015 (~$3.50=>~$12.00), Feb/Jun 2015 (~$7.50=>$28.00), and Jul/Aug 2016 (~$8.00=>~$15.00). Of course, it's always easy in hindsight to pick the right points to buy and the right points to sell on these up and down moves. But, any up move not predicated on the expectation of an excellent Ph3 outcome is likely to be sold off in time. ADXS might still test its Feb 2016 lows (~$5.50) before moving higher, but now might be a good price point to be buying, although keeping dry powder for moves lower.

Thanks again for finding/ posting that presentation by Dan and related parties -- it is very informative.
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