Replies to post #3257 on 123Tom's TA study group

[billmick11]

The thing that complicates this is while the current announcement is about mouse research, the prior presentation documents tolerance and efficacy in humans for the same drug, so the leap to next levels of research isn't as great.

I agree knowing a good target for profit would be great to know.

Thanks for all you do!

[123tom]

excellent Chuck,thanks very helpful to me.
I just woke up a short while ago (California 9am) and saw AVXL spiked up...to 3.37 (the 3.30 target zone) I immediately went to the headlines to see if anything good caused it. The headline mentioned clinical data released,etc.....I own 9000 shares at this 3.20 price,my intention was to sell half at break even and maybe buy a little more back at a better price IF/When AVXL falls down again . but I wasn't sure how good the news was or what could rally a bit more,maybe I'd sell the other half if it runs to 4 dollars. But this heads up by you helps me a lot. Its ok news but like you said,I think its a sharp point ,I had only sold half the shares I intended....but now I might just sell the rest I had planned on. This sounds like its a delicate place here, when the wall street and Adam F croud of vultures get ahold of this they will find a way to slam this down again,if we're only talking about mouse models and plenty of time to kill before any great development with human trials generates a better rally that will stick. I'm with you on this one.

I had the plan to sell about 5 thousand shares at 3.80 or 3.30
before this.I didn't care what the reason would be for the technical pop.it could easily have been some newsletter promo pump, or a seeking alpha promo article,that would pop the stock like this as well, and when the time comes now we will get some Adam F tweeter bash to slam it down again.
before the day is done and especially if it runs a little higher,I'll probably trim the rest of my excess shares. I own way too much AVXL.
This was a great tip C,thanks very much.