Is AVXL management just reiterating their previous FDA guidance or is this based on a more recent conversation. Not sure what this PR adds to existing information?
In the end, many of the longs, even those who are holding right now, will never make the kind of profits that are potentially possible during a turnaround. Because, if this reverses, they will sell at the first sign of little profits. Once bitten twice shy. They will be happy they got their money back and move on,…only to see a few days later the stock rising to the 40s and 50s and even 100s. JAZZ comes to mind!!
A debate can only be a success if both parties are seeking the TRUTH but have opposing viewpoints of the truth. It is further required that the individual do not have any hidden agenda or personal bias. You can't have a debate when the opponent is willing to trample your views merely to appease their personal agenda. BY ALL THOSE COUNTS Jean is not fit for a debate.
My main point is, what PROTECTION do we and the company have against such illegal market manipulation because I know THE MMs can if they want to TRADE this to zero. When does the SEC step in !!
1. The retail longs who bought pre-split and held through the highs are definitely not selling now.
2. Those retailers who bought the highs and rode the downtrend are probably not selling at these lows.
3. The weak panicking retailers have probably already sold a while back and not many are left at this point.
4. The SHORTS sold, probably at the highs, and even if they have not covered they, by definition can't be sellers (yeah, I understand that people can continue to naked short this to zero)
So the question is are there any real sellers left at these levels? I am guessing all the action we are seeing is MMs selling PHANTOM shares to each other and walking this down. So when and at what level does that stop. Theoretically, they can get this down to some positive number little above zero.
What protection is there against this happening. I am guessing the only reason they don't do this because that would draw unwanted attention to their illegal activity. Mind blowing, when you start to think about this logically, you don't need any evidence to confirm manipulation, simple logic is enough. Go figure !!!!
The money in my account related to AVXL is so low as to be insignificant. In other words, even if this now goes to zero, 1, 2, 3 it means very little whether I sell or HOLD. I guess the most logical thing to do at this point would be to HOLD because it can't get any worse, but it can possibly get better. Yeah, technically I can lose more as it drops, but a few pennies down or a few up its still pennies LOL. GLTAL
I have told you guys time and again not to engage with morons like AF and JF. This drop in stock price is not because of their articles. It's a coordinated effort to take the stock down and keep it down. It could be because institutions want to accumulate. It could be LPC trying to make money on the way down and later on the way up. Whatever, the reason we will never know it.
This stock will go up or down based on what these guys decide. You just have to be on the right side. Arguing with them on a message board, no matter how cogent your argument, makes zero difference.
Also, don't hang your hopes on Ph 2B completion because at that point AF will come back and still claim "so what, it doesn't mean anything until its placebo-controlled" …and spearhead another drop.
The best thing to do is hold and forget about it until FDA approval. If you bought pre-split around $1, u still haven't lost any money. Yes, u may feel bad about the profits you lost, but be smart if you were planning to hold until FDA approval then the current PPS doesn't mean anything.
Kanak is making futile attempts to refute these morons, as if, he controls the price action. he is a doc, not a trader and he out of his element when it comes to the criminal activity that AF and his cronies are capable of.
Just move on to the next stock and come back when it is ready for approval. yes that may be a few years but at least you make life-changing amounts of money if it is approved. GLTAL
Not sure why Kanak is tangling with AF. He is not going to change his position. In fact, he may bash more. If we finish Ph 3 and FDA approves the pps will be way above what we are right now. Leave AF alone you MORONs
Stock seems to have stabilized. All the bashers and pumpers have left. Shorts may have covered for the most part. Hopefully now the next uptrend will come in a few months as more data is released. GLTAL
Both AF and JF know the drug is good and the data is stellar. However, they don't make their money by stating the obvious. Their HF cronies make money by spreading fear and they can only do that in a stock that has momentum and buyers. They will go away soon enough.
You guys are wasting your energy preparing long rebuttals to their nonsense.
Bottomline is if the drug is as good as early results suggest, nothing will stop a Big Pharma from buying it or FDA from approving it. And when that happens believe me nobody can do anything. How do argue against a buyout of say $100 or $200 (if that's what big pharma is ready to pay).
Hold on and be patient.
The timing is not right. Let AF and his gang move on and celebrate their short victory and let the stock rise on the merits of its drug. Any additional articles will be considered a pump piece that will prompt AF and his cronies to short this again. We all know that it's not AF or JF's articles that are causing the downslide its the orchestrated shorting timed to AF article release (conducted by his HF cronies that does this). AF article is just a front. So bottom-line is the patient testimonial will just rejuvenate the shorts. Let the dust settle. Wait for the Ph2B data to be released. That's my humble suggestion. I know you are a long so daily price fluctuations shouldn't bother you too much. GLTAL
Spencer if you are short today and tomorrow. You are in a world of trouble. your friends have already covered and moved on ONLY BAGHOLDER SHORTS LIKE YOU REMAIN
This will get to 7.40 in a heart beat
Hope that covers for your losses in VRX and SRTP. Great show man. You were probably the only one who made this trade. Congrats!
LOLOLOL…… I am truly sorry that I asked you about your trade. I bought 300k share before the reverse spilt ranging from 54 cents to 78 cents. I bought another 20k right after the reverse split at around 8. Sold all 90 from 12 thru 14. And now own another 100k that I bought the last few days starting under 7 going all the down to 4. Take your time to count my profits here. Also this is 10% of my portfolio. I will buy another 100k if this goes down below 3.
this was a concerted effort to take down the stock down and it will stay down until they have had their fill. We already know who the players are but their motivations and final objectives are unclear. So don't expect the SA interview and patient testimonials to take this back up. The only time this will stabilize is when the HFs are done hammering the stock and the day traders have moved on to other stocks. That will take a few weeks.
Don't expect new positive article to take this up. Be patient come back in 6 months when they report the 2B data or announce partnership, or get FDA's nod for accelerated approval. That's when it will truly move.
If you are not going to sell before that event, how does it matter what the pps is.