knm_2.... I've been on the road for the past week and out of touch for the most part. Interesting that you bring up ALXA. I actually got into ALXA in Oct 2010 as a Swing Trade (reversion to the mean) and got burned a bit when the FDA sent the company a CLR on it's AZ-004. I took my losses and exited. If the situation is the same as back then, AZ-004 is the only saving grace for that penny stock. Without it they did not really have much of any cash flows to pay the bills. I don't know the situation today today. It's a gamble.
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