Missling had previously commented that he thought the stock price of AVXL was being manipulated. I am sure that his visit to Washington included a comment to that effect to some members of Congress. It is fact that Martin Shreklil and Adam F. both together blasted this company in November and caused the stock price to drop drastically. Martin is now in jail - Missling is not in jail, put the pieces together. Congress did not invite Martin Shrekil to Washington , they invited Dr. Missling. It is quite obvious that the SEC is investigating the short attack in November.
AVXL has a therapy that is better than Aricept and Namenda. If the market cap of AVXL was already at $2 billion, I could see why at this stage in the development why shorts would attack, but come on! only $200M market cap right now and already has a therapy shown to be better than current standard of care! Shorting this company is too dangerous at this low market cap. Big moves up in price coming in 2016. Market cap will grow towards $1 billion, not shrink.
The PR regarding the increase in shares was clear, the PR regarding the increase in OS wasn't. Priced dropped and your momo traders aren't giving this the time of day. IMUC is good to keep on the radar though.
I truly expect to see this well over $1 within the week, likely headed towards $2.00 by year end. Market cap should be closer to $150M for a company with a P3 and a therapy for brain cancer that is showing to be very effective. Way undervalued gem.