News Focus
News Focus
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Gemineye

04/10/18 10:14 PM

#63708 RE: rfrankmcm #63707

Hang in there my brother.
I'm down a ton of money here also.
But I'm thinking it's a temporary situation and we're gonna get it back.
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alex55

04/10/18 10:20 PM

#63710 RE: rfrankmcm #63707

Sorry to hear. Been in ADXS for a few years myself. Hoping for things to get better. Hang in there.
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fbg0316

04/10/18 10:21 PM

#63711 RE: rfrankmcm #63707

Rfrank, I hear you. The wait is almost over IMO. Too many signs point to a buyout. If not, they would have already hired a CEO and not gotten rid of the majority of the management team. The company has generated enough data at this point, and given the Amgen deal and Merck and Bristol collaborations with BPs flush with cash doing buyouts, the time is now. I give it until June 30 and ADXS will be acquired by my bet is Amgen.
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trading_cyclist

04/10/18 10:22 PM

#63712 RE: rfrankmcm #63707

I hear you. This has been awful, and many of us have been hit hard. But I think the finish line is very close now, and I'm very optimistic that we're going to have a very happy and lucrative finish.

Hang in there brother.

Tc

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trading_cyclist

04/10/18 10:22 PM

#63713 RE: rfrankmcm #63707

Good luck to all.

Sell the beach, Tony, and don't take less than 40.
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hovacre

04/11/18 6:34 AM

#63729 RE: rfrankmcm #63707

I feel terrible for you if this is true. But if it's true then this is the exact reason why the golden rule of investing is not to put in more than you could afford to lose.
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Stockdoggy

04/11/18 6:50 AM

#63734 RE: rfrankmcm #63707

It has been tough. You are not alone here. If you polled every long posting on this board, including myself, I would venture to guess that every single one of us wished we had never invested in this company. Boy, it was great when the price was going up every day, but it has been hell riding it down. The good news is that this story is not over yet. Though I am not convinced a buyout is coming, the company has quite a bit going for it despite the share price. Very disappointed in both the company and in myself for not selling sooner, yet still hopeful for the future. Hang in there....
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Chemist823

04/11/18 7:44 AM

#63751 RE: rfrankmcm #63707

Some rules everyone should follow,20% of portfolio limit in any individual stock, sell half on a doubling of cost basis. Just a lot safer that way. I know that doesn't help the current situation or answer any questions.
As far as where we are, we have a pending drug approval in the EU while not guaranteed the results are good enough to ask for early approval, pet construct has conditional approval and looks very promising for further research but we need partner to pay, neo is still unknown but the concept looks very promising and we will see the pre-clinical data shortly, we have several collaborations unfortunately not paying partners yet and we will see the early data from psa collaboration with Merck shortly, Sellas collaboration is paid for but a long way from possible drug approval, and we have other valuable pipeline constructs.
I really didn't see the price getting this low. Heavy shorting did a lot of damage and the company unwittingly cooperated with that with high burn rate, no significant deals for long period, confusion at the top with firing of DO, which resulted in an offering at $2. Given the company performance I peg fair value around $350 million market cap could be much more with the right data and deals but we haven't seen the most recent data yet and they still don't have deals to move the pipeline forward. Any significant deals and the value could increase significantly which is why we wait. For myself I am not selling any shares here and am still accumulating, doesn't mean I am recommending you buy any more sounds like you are over weight here already. As far as dream or nightmare nobody knows for sure but we will know by beginning of 2019.