Make your case for Who both bought and sold AVXL between $20-30. Mine would be that retail is NOT smarter than the professionals... Even if some refer to ALL of them as the Cabal.
Well...actually he did give away quite a few cheap shares, but given the financing agreements in place, the CEO did very with the well timing and size of the offering.
One of his key jobs is to keep the coffers full as shareholder friendly as the market will bear.