These two stocks aren't even close to going in the same direction - ones going up and the other's going down. AEZS opened Monday at 1.67 and closed today at 1.05, DVAX opened Monday at 1.43 and closed today at 1.61 - not to mention that DVAX has closed up every single day for the past 12 days. From what I can see in your history you're already invested in AEZS, I would get out fast. They already had a 6:1 reverse split last year to avoid being delisted, and now it looks like they're heading back in that territory and shares are about to be diluted by 40%. I'd recommend VICL, if you want a highly speculative investment, because at least that stock has bottomed out - plus you don't have to worry about private placements and share dilution for at least 2 years. But I'm also biased on VICL because I own shares.
Gotta just laugh when you see people forgetting or not knowing to set a limit price when selling after hours. Why bother trading in AH if you don't know how it works. Some special case just sold 5800 shares for 1.53 thirty seconds after someone sold 100700 shares for 1.6107.
Yes for a whole thousand shares in one block- clearly someone forgot to set a limit sale instead of market. Just like a couple of months ago when someone paid 2 dollars/share for a block of shares in AH as well.
I don't know anything about this hate on that everyone has for you bfs nor do I care to be a part of it. But just out of curiosity sake what is your definition of above and beyond? Would 1.50's be considered above and beyond? Or is that still around and under 1.46 in your definition?
Really ramb? 5:30 EST you checked it and are mockingly saying you guess they finally put it up???? Considering the actual presentation didn't start until 6pm EST why in the world would you expect them to put it up before the actual presentation?
That's my point ramb. What was this misleading information that VICL released? Was it that Vijay was excited and optimistic? So does that mean that there wouldn't be a case if he had just come out every conference call and said I doubt we'll succeed but it's blinded so I don't know for sure but don't expect much? You can't sue a company for saying that they're optimistic about something that they've been working on for years. Of course they're optimistic, they're the ones who created the drug so obviously they're going to believe in their abilities and stand by their formula. But yes I've seen these lawsuit notices across all sectors and the majority of them don't have a case. For all we know they're just another ploy by hedge funds or shorts to lower prices. I expect we'll see about four or five "reminder notices" from each of the firms over the next year, most likely it'll be timed during uptrends.
What makes you think there would be any settlement? The majority of these class action cases get thrown out - because they're frivolous claims. How can you sue and win a case from a speculative biotech company because they didn't succeed in a phase 3 melanoma study that is already very hard to succeed at? Seriously their case is that VICL was optimistic???? Good lord that's just pathetic. No real investor would even bother trying to sue a company like this, because they chose to invest in it knowing full well that there were no guarantees that Allovectin would be a success. Anyone notice that none of the institutional owners are suing? Of course not because they know better, the ambulance chasing lawyers just want retail investors. If you look at all the cases that each of these law firms are dealing with, they're suing about 30 or 40 companies at a time and are just praying that one of them wins. These cases will be denied class action status and thrown out. They're always the same firms that come scurrying out like cockroaches whenever a stock drops significantly.
Yes gary I sold out near the end of Sept. at an average of 8.10 - still a double up so I have no complaints. And I'm still watching periodically just waiting to get back in. If it does go down as much as you think then I'd also be weary of tax loss selling around the corner which could send it even lower. But I think the numbers will actually be decent this quarter, but with this stock who knows if that would benefit the share price. Either way we'll find out the results in about 32 hours.
Looks like shorts are getting burned on this move unless they closed their positions in the last week and a half. Short interest rose more than 50% to 410 thousand in the final two weeks of August where it was trading below $7 for the majority of that time. It's very strange that they chose not to short at $10 but instead opted to do it below $7
The Chinese numbers are in - 1.35 million new cars were bought up 11%. Total vehicle purchases including trucks and buses were up 10.3% to 1.65 million units.