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Re: Harold_T_Solomon post# 100938

Monday, 07/29/2019 10:42:50 AM

Monday, July 29, 2019 10:42:50 AM

Post# of 108192
So how would anyone that is putting up money to extend the runway for ADXS - make money?

Well here is one: ADXS has obviously been looking for $$$ for quite some time. As they shake the trees and get few takers they come across some (additional) toxic financing. Back when the SP was north of $1.50 they start to discuss the basement pricing of .70 cents. The financier easily shorts from these higher levels knowing they will close out the position when news surfaces of the bargain basement pricing. They have already made their money by the time they close the offering. Warrants are a nice kicker to sweeten the deal.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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