They can still work very close to Israeli companies and have a high status headquarters in La Jolla or Durham. Bring the stock to five. This should be the highest priority unless there is enough cash before high revenue generation but this is not likely with costs of 8040.
They must move. They MUST!! There will never be respect for this company and they will be forced to dilute to penny stock status unless they get some respect.
1 New CEO
2 MOVE out of Israel - this is MANDATORY.
They absolutely need to get out of Israel or at the very least make their headquarters in the US. This will attract MUCH more investment interest,
The stock price also needs to be above 5 and a reverse split to get there will work if they do it right. look at ADXS. Just need to be VERY VERY careful of dilution
38 percent complete remission sounds great except:
Compared to WHAT?
What was the remission in control??
How does this compare to other drugs??
How did the other 62% fare? How are they monitored??
NO ^(&#() DATA
Investors dont know if it worked well or not??? If it did, you missed a chance to have your stock at $4 now instead of $1. If it did work, then you are the worst %*^# communicator, WORST *^*&&( CEO TO EVER MANAGE A PUBLIC COMPANY SINCE ENRON
FDA approval!! Major drug for millions of pups!
Even bigger is the incredible survival rate of their AT-014 candidate drug. Both of these will produce huge revenue very soon!!
Look for major upgrades
Only up 15% for two pieces of MAJOR news. Partly because of the timing of the FDA approval. News will disseminate tonite!
I did dig a bit. You can certainly manipulate this record easily. Especially by issuing a sell at 14.3 with a 14 price target on a day when he knew biotechs would fall.
Had a 0% track record with ADRO after saying buy at 32 dragging down his average. One way to improve that track record is to say sell at 14.3 with a price target of 14 on a day the IBB futures were tanking. Met the target at the open. Now has a 50% track record. Now he can safely wait until after ECLIPSE study and come in with a buy recommendation and further improve his record.
Read the full report. Basically they don't believe ECLIPSE will increase overall survival compared to chemo and reduce the chance of approval to 16% from 35%. So, nothing has changed since the April 2015 data release. So why did they change their mind? Their initial analysis was based on the exact same data. Poof, one day they decide to rethink it based on absolutely NO new data? I dont trust these guys at all. Seeking Alpha article is much more insightful. Other analysts just upgraded or started with 40-68 targets.
analyst is fearful that the drug will be only as good as chemo, which it has already been shown to be (a little better in fact). However, even if the phase IIb shows the same results, the FDA will likely approve based on how safe the drug is compared to chemo.
Note the analyst has high hopes for the STELLAR study and, thus, 14 price target is only temporary. IMO covering his butt if ECLIPSE is not that great. Can always upgrade either way and look like you know what you are doing.
I think there will be a flood of buying from the 12.5 calls here soon. they made a killing and likely why we are down so much now
They DESPERATELY Need to start 2016 with two things:
GET OUT OF ISRAEL
Both will increase value by 100s of millions
Very interesting on the manufacturing. ADXS does not need the type of partnership ADRO has. Although this means higher market cap for ADRO short term, ADXS will have control over their entire revenue! We are talking another JAZZ AMGN in the making.
Could it be that BP is so upset that it cannot make a deal with ADXS (because ADXS does not want one) that they are fighting back with the only tool they have: shorting??
Although the cost of moving out of Israel will initially be large, the valuation of the company in the US will be half a billion more with the caveat they get a strong MBA American white male as the CEO also (I am serious about this actually). A woman scientist as the CEO and from Israel - the market just will not take this company seriously. GET OUT OF ISRAEL
Shorts: Are you really waiting UNITL the announcement of hold is lifted? Crazy dangerous strategy. By the time the announcement is made, it will be too late for you. Plus the chances of other updates grows everyday. Come on, think a little!
Veterans day. You had one free day shorts. now your screwed
Yep, this will not be a cancer treatment of choice for everyone but ALMOST everyone
Look for CASI to hit 7 by Fri. Seriously. Seen this happen many times with low float biotech