If Murphy continues to act like everything is a big secret, the big money will tank the stock beyond 52 week lows. If the company has landed additional contracts, he better inform the investing public. It's time to stop operating like a science experiment
they hold a bit under 5 million shares. Murphy better start to be more forthcoming with information if he doesn't want Blackrock going directly to the board. Sooner or later, this company better start to be professionally managed
The shorts and their minions of paid bashers know that the 12 week results won't be ready until sometime in February so they'll simply bash and short until that time. The only substantial risk would be that a partner shows up unexpectedly and blows up their entire thesis. Let's hope that Missling is talking with some of the big boys in a serious way.
NTRF (market maker) is the "off exchange clearing facility owned and operated by FINRA. They may seem like the oversight agency but they are operating a "dark pool" as a market maker. Isn't the market equitable to the small guys?? NOT
There has only been one suit actually filed and it was on behalf of one shareholder who supposedly lost money on a whopping 122 shares. The rest of the schmuck lawyers are simply trolling for a lead plaintiff. Anyone who reply is a fool. If you become lead plaintiff for one of these crooks and you lose, you personally pay the costs of both your lawyers as well as the lawyers for AVXL. Most of these law firms are contacted by the short hedge funds to put out a release that they are soliciting lead plaintiffs in order to be able to file. There can only be one class suit and they are all vying to consolidate solely to their own benefit. It would not be a surprise to find out that schmucks have been shorting the stock but it will take a counter suit by AVXL in order to demeaned discovery evidence. Since most of these garbage suits simply die from a lack of lead plaintiffs, AVXL probably is simply ignoring them. The real problem is that the shareholders take a beating because of the inactivity of the corporate management. Missing desperately needs to get the twelve week results out, land a partner, or sell the company. The shorts are in total control and the SEC is totally unwilling to go against them.
That was a "buy on close" order and someone was willing to pay market price at the close to get the shares.
Any idiot that can't spell paltry and confuses it with something chicken related should not be referred to as a top bashed. The proper term is "Moron"
I spoke with her earlier. She parroted the same thing. This is a subcontract IR department and it appears that they have no influence with management. Someone ought to advise her that "hope is not a feasible investment strategy". Either management makes a statement or the stock continues to be decimated
You're dead wrong! If they were the target, the subpoena mention would have been in the legal disclaimer section of the 10K. The reality was that it was a subpoena for records pertaining to stock ownership. The company has stated that none of the principals have bought or sold during the time period that is in question.
They are not the victims....we are. they are certainly not the target
The SEC subpoena is for records. The transfer agent will produce ownership records and dates of ownership for the stock. If AF owned it and sold it at the point of his BS article, there may be a solid paper trail. Otherwise, the SEC will be delivering other "requests for documents" to AF, MS, and related short sellers. Watch for telling emails and text messages that the SEC can get from ISP.
There is no lawsuit only "investigations" by schmuck law firms trolling for clients. There will be no suits unless the schmucks can recruit a lead plaintiff. If you sign up as a lead plaintiff and you lose the suit, YOU pay the legal costs of both sides. Beware of schmuck ambulance chasers!!