InvestorsHub Logo
Followers 48
Posts 9781
Boards Moderated 1
Alias Born 01/31/2008

Re: Bourbon_on_my_cornflakes post# 95294

Wednesday, 03/20/2019 12:17:45 PM

Wednesday, March 20, 2019 12:17:45 PM

Post# of 108192
Volume continues to be high as price rises

Looks like someone is accumulating to me.

Reboot: Could ADXS pull off a BPTH?

It would look something like this. Do a 1:20 R/S to get share count down to 5 million. Stock is trading at $9 or so.

Release some decent news along with I-bank pump at end of March. Stock rises to $18. Sell 4m shares at $15. Cash concerns are now gone for at least a year. End of BK risk means stock continues to trade at $15, with 9 million shares, for a not unreasonable market cap of $135 million.

Previous shareholders see their post R/S shares go from $9 to $15 on removal of bankruptcy risk.

The thing is ADXS has such a low market cap, that any combination of good data and removal of BK risk might have a disproportionate upward impact on stock


You have to ask yourself, "Do I feel lucky?" Well, do you short punk?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ADXS News