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Tuesday, April 02, 2019 11:16:19 AM
You have a point and I partially agree. Depends on when you get into a stock, especially if it is at a really low price. Imagine buying a stock for 30-40 cents, goes up close to $2.00, there is a RS 1 for 4, that brings down the pps to 50 cents, it goes back to low 0.40s then in a couple of months goes to 15 bucks and then you sell calls not too deep ITM, safely, careful and not risk being called) make at least a couple of bucks per share, in effect about 50 cents in pre-split terms and the stock slowly retreats, well above the original DCA adjusted for split, and you are still deep in the green. All your shares are now free, intact and paid for. Just one example (real).
With ADXS - BIG mistake was to get in EARLY (thinking advantage) at a high price before the first RS.
But you are more right than not. If there is a chance to recover some investment, do it at the earliest and do not delay.
ADXS Business Plan for 2019 : Raising more capital
Recent ADXS News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 12:13:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:30:45 PM
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- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 10/23/2023 10:45:21 AM
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