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Gator328

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Gator328

Re: Bourbon_on_my_cornflakes post# 203212

Wednesday, 07/24/2019 5:15:32 PM

Wednesday, July 24, 2019 5:15:32 PM

Post# of 465814
What fake news and scare tactics? I haven't seen anything of the sort.

The only news I know of is that there is some positive data about gut bacteria, and some negative info about upcoming dilution. The market seems to care more about the dilution than the gut bacteria so the stock price is falling.

I bet AVXL would be above $3.75 if nothing were mentioned about the shelf offering. That news put the brake on the stock price going up, as it should. Dilution fears, real or not, tend to put downward pressure on any stock, not just AVXL's.

No fake news. Just some good news and potentially bad news duking it out to see which is more powerful. Bad news often emerges the victor.
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