I wonder how Phbutter is spending his summer, perhaps in therapy coming to terms with his arrogance and remorse from his decision to sell his huge position in ADXS at $5.
Hdwrsft, how sick that someone would thumb down your post honoring the memory of Sasha who fought so hard ultimately to lose her life to cancer. Merde you crossed the line on this one.
Hdwsrst, I do think we have a good shot at hitting $100+. A $100 pps is around a $3 billion market cap, and according to DO's comment ADXS management believes the company could turn out to be bigger than ImClome which was sold for +$6 billion.
Your point is weak if not for one reason (besides the strong pipeline, collaborations, management, upcoming milestone) ADXS is still significantly undervalued relative to its peers.
Most of the so called "pumps" you allude to on this board are based on ADXS' strong science, pipeline, collaborations and management, as well the stock's undervaluation compared to peer companies. IMO your odds of making a lot of money on ADXS moving forward are much much greater than playing roulette in atlantic city!
Agreed Troy. It will be interesting to see if DO uses the ASCO and Jefferies conference spotlights to announce any material developments.
We are nw seeing "expert" retail bashers come out of the woodwork as Monday morning quarterbacks.
Gold mining cent stocks - lots of hype and not much substance"
Sounds a lot like your post. Care to elaborate?
Rvga128, since we're commenting on biotechman's brilliant moves, I find it questionable (i.e. BS) that the first post he mentioned ADXS in was in early April, yet now he says he bought heavy in the 2.60 to 4.00 range and sold 90 percent of his 250,000 shares in sixteen months.
Agreed, this is a dangerous stock to short. All the sophisticated shorts are no longer in the picture, only leaving shorts like boca the rat who simply see a stock that has gone up and think it will go back down without grasping the fundamentals and the relative undervaluation that is driving the stock up. Proof of the sustainable upside we are seeing is that every week Morningstar reports an increase in the institutional owner base which is now around 60% of the float.
Da.nguyen, I'm not following your question. IVOB has an OTC listing level that doesn't not require reporting quarterly/annual financial statements, so they are not out of compliance.
Welcome and good decision! At the current low valuation with ADXS' pipeline and strategic collaborations, the upside potential from here is significant.
Also, I sold some others investment to double down on ADXS warrants so more 90% of my portfolio is in ADXS now. I know, violation of rule #1 diversification, but I have 20-25 more years to work and it boils down to my conviction in the DD I've done on ADXS and the risk/reward equation on this stock at the current low valuation relative to the multi-billion potential market ADXS will have if one or two of our constructs is commericialzed.
Feels much better than when I was down 75%! Actually, the beating we took turned out to be a blessing in disguise personally. I could have taken my losses and sold at the bottom, but because I believed in the company I was able to increase my stake considerably by converting all my shares to warrants. It was pretty scary at the time doing so though.