Seen any suits carrying Pfizer portfolios or coffee mugs getting off the elevator lately? ;)
As an investor I'd love to believe that but I find it hard to believe (assuming the data is great) that loose lips at the big pharma would not have driven this stock up to at least $8 or $10 by now. And if they're talking with more than one big pharma, the loose lips are only multiplied. Yes the execs at that big pharma may be wary of personal insider trading of AVXL stock but it's funny how friends and relatives of these execs might just happen stumble upon this great little opportunity at what just happens to be a very opportune time. In my many decades of investing it's amazing how bullish market activity seems to always precede a huge bullish company announcement.
I'm sure this article on brain inflammation and the link to depression was discussed here but I want to ask about the measurement of immune cells (microglia) as a measure of inflammation. Re: 2-73 testing, has that measure been used to show the positive effects on inflammation or is some other measurement used?
"Specifically, Dr. Meyer's research team was able to measure the activation of immune cells, known as microglia, that play a key role in the brain's inflammatory response."
When top leadership positions at the SEC are staffed with executives from Goldman Sachs and other big firms you end up with policy that benefits Goldman Sachs and other big firms.
from that link.... "The enforcement actions are being settled by 22 of the 23 firms charged, resulting in more than $14.4 million in monetary sanctions"
$14 million in sanctions spread across 22 firms is not even a slap on the wrist, it's like spanking an elephant with a Nerf bat. All just a dog and pony show for the SEC to PRETEND it is doing something about short side manipulation when it is actually doing nothing of any consequence.
Sorry, not going to happen. Wish it would but it's not.
I've been investing in small caps for 25 years and the SEC has never busted ANYONE for doing what has been done to this stock. Not a single time. What they did to QCOR was MUCH worse than AVXL and the SEC did absolutely nothing. They only knock your stock price down by forcing the company to announce a subpoena. They don't even come back later and tell you that you've been cleared. The SEC looks for INSIDERS like Shrek who commit theft and fraud, or for high profile investors like Martha Stewart to make examples of but they NEVER do anything more than give slaps on the wrists to firms like Goldman Sachs and even then it's not for waging a coordinated PR war against the company. Same thing for big hedge funds. Now, it's a different matter if they defraud their own investors. They will prosecute that, But they never go after Wall street firms for crushing small company stocks. It is what it is. Corrupt
I hear that! I've lost so many times on promising small bios it's hard for me to imagine I'm actually going to do well with this one.
It would be good to have a washout but so far this just looks like an orderly exit of a lot of investors going to cash. IMO, the VIX is not high enough at 27ish to be a wholesale panic washout. It went over 40 back in the August selloff, and went to 80 back in 2008.
As I recall, there was lots of pumping last week of a Monday morning PR giving the 12 week update. I bet it sucked some in to a short term trade that has now failed.
for example Pomerantz did the same kind of suit against Questcor back in 2012 and Questcor had NO drugs in development, therefore they were no threat whatsoever to any "big pharma" profits.
If that were true, you would not see suit announcements from those same firms targeting companies totally unrelated to pharma. I think you'll find Pomerantz, for example, sues all kinds of companies unrelated to pharma.