No reason to sell ADXS now, has a long way to go. but great time to buy AVXL, like when ADXS was under $3. I think your valuation of $10 (about $1 billion market cap ) is perfectly reasonable if we can do the following (1) produce great p2 results, maybe even get BTD, (2) uplist to the NASDAQ from OTC (achievable) (3) get the market cap up to say $150-200 million before raising significant capital, then raise at least $50 million. So (2) and (3) are easily achievable provided (1) delivers the goods.
Ignore the ridiculous bid/ask spread on the warrants. Just put in a buy order a nickel or dime above the bid and you will get filled. tried it today on a 100 warrant order and it worked
yes, agree. float is getting too tight now to waste time at this price level as nothing is shaking loose, need to run it over $30 before some shares free up
LOL, Love that line. Using Shorty's own language to taunt him. A Jamesons for that man!
of course at these prices, the stock is essentially a permanent warrant
but I would hate to have his short position
We should be at $400m mkt cap right NOW! Unbelievably cheap, we just need something to convince the market this is for real
and enjoy the weekend
61.1% institutions, 5.9% mgt. Float is disappearing fast, Tutes. Better buy all you can today!