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microcapbiotech

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microcapbiotech

Re: None

Friday, 07/05/2019 3:25:21 AM

Friday, July 05, 2019 3:25:21 AM

Post# of 462707
WELL, I bought more shares on Wednesday. I did not know about the shelf registration, just wanted to add to my position as I was expecting some good news soon.
MRKR is in this exact same position. Supposed to announce good news on pancreatic cancer on July 20 and ALSO just did a shelf registration.

The thinking is they did that so it is available AFTER the good news.
AFTER the good news and AFTER the price pops way up, they take advantage of the price pop and THEN they raise capital for future trails.

Why couldn't this be the same case for AVXL.

For either company, I don't know one way or the other, but I do know this, after reading all of todays comments here. I'd rather see $5 than $2.

I guess me and you all will be finding out pretty soon huh?
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