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Post by furbush87 on Nov 10, 2015 2:55:50 GMT
Be careful, because you know that when AF starts after a company, unless they have something solid he brings them down. I see nothing solid in AVXL. You probably should walk with your profits. But your decision. I am not telling anyone what to do with their own money, but the writing was on the wall with this one from the get go. There was never any characteristics of this being a good investment decision (crazy amounts of outstanding warrants, no cash, debt, trial data that was meaningless...). Obvious promoted/orchestrated pump. ,%22allowChartStacking%22:true} Look at their chart and compare the the chart in the video I posted. Mirror image. I think my $4 prediction was overly optimistic. This will most likely drop to $1.50 again with people saying "you haven't lost till you sold bro" all the way down. This is why I stayed away from the beginning, these things are to hard to time, and always leaves someone burned badly. I think Jham said something to the effect of "I don't care if I could make a massive profit off this, I wouldn't touch it". That was back in June maybe. |
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Post by kclawdog on Nov 10, 2015 4:10:21 GMT
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madamemagoo
Junior Member
don't shoot mandy magoo!
Posts: 70 
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Post by madamemagoo on Nov 10, 2015 11:47:40 GMT
Well, it was a wild ride. Even though I made some money, I keep thinking about the 'lost paper' profits. Greed really does get me everytime.  |
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Post by JHam on Nov 10, 2015 14:01:15 GMT
Look, 6 months ago AVXL was trading at .38 or so (about a $1.20is pre R/S), then it ran up to $14 or so (not paying that close of attention) that was a totally unwarranted move totally based on a Phase 2 trial that has similar results to drugs being worked on by big name pharmas (don't remember which one read the studies months ago). Only retail could move it up that fast, and now those retailers are going to loose out on the gains. This will most likely drop more and finally find a balance around $4 which is more warranted. It is not just about the science, it is also about competition, stage of development, and the fact that it only has a 50/50 shot of being successful. Getting closer to that $4 price furbush. Down to $4.71 pre-market. |
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Post by JHam on Nov 10, 2015 14:59:07 GMT
Just hit $3.60.
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Post by Yelk on Nov 12, 2015 19:20:43 GMT
Was pretty crazy watching this unfold. As a day trader I didn't touch this as action made no sense upside so waited to short backside. Adam F tweeted about $10.50 his side of things pre-market and I tried to short but SSR was on and didn't fill tried chasing a bit but meh what a miss! Definitely a pump and dump boiler room type stuff. Amazing entries madamemagoo! Something I've learned is it's just as hard to have a good exit as good entry. Great job on patience, doesn't hurt to pay along the way can always re-add dips. My weakness is selling too soon, something I'm working on.B
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Post by JHam on Nov 13, 2015 11:35:48 GMT
Here is a great breakdown of what has been going down with AVXL written by Jean Fonteneau. This one has been so stinky from the get go and he did some digging and puts all of the pieces together. This whole story is unreal and a lot of the shareholders are borderline psychotic. Apparently some are even calling for the assassination of Adam Feuerstein on a message board, simply because he wrote the truth about this piece of garbage. It's long but definitely worth the read: medium.com/@jfindallas/the-secret-to-making-2000-in-stocks-overnight-the-anavex-story-342be9c7e5e6 |
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madamemagoo
Junior Member
don't shoot mandy magoo!
Posts: 70
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Post by madamemagoo on Nov 13, 2015 12:41:17 GMT
I have alot of work to do on exit strategies! Historically I've made very crappy ones. |
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Post by graham11 on Nov 30, 2015 19:11:26 GMT
anybody out there w Alzheimer's in their family take a look at AVXL news this am .......... do not know how credible it is .....but quick read is that it sounds Great
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Post by JHam on Dec 2, 2015 13:31:43 GMT
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Post by happyjawa on Dec 4, 2015 9:14:39 GMT
Golly, I just need to get on a Lincoln Park mailing list or something. Nothing these guys do is positive in any way. Anybody ever post long term results for shorting LPC? |
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Post by JHam on Dec 4, 2015 11:56:48 GMT
Golly, I just need to get on a Lincoln Park mailing list or something. Nothing these guys do is positive in any way. Anybody ever post long term results for shorting LPC? Yes. ABR once posted on the old Google group a compilation of companies that LPC had done deals with and their performance before and after the deals had been finalized. It was quite telling. I'll dig it up and post it later. |
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Post by johank on Dec 4, 2015 13:21:02 GMT
LPC = Red flag
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Post by happyjawa on Dec 5, 2015 0:02:19 GMT
Yeah, I always knew that, but I'm always surprised by how obvious it is yet it's still a thing people buy into. Just reading these articles and seeing something akin to, "They had no money, but then secured some from LPC." Well, thanks, I'm sure you spent a lot of time writing this and following, but I'm going to save myself the effort and stop right there. One of my first reactions to OCAT getting bought out was, "Well, that's sure as hell is more reliable and reputable than LPC." |
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Post by johank on Dec 5, 2015 1:07:29 GMT
Yeah, I always knew that, but I'm always surprised by how obvious it is yet it's still a thing people buy into. Just reading these articles and seeing something akin to, "They had no money, but then secured some from LPC." Well, thanks, I'm sure you spent a lot of time writing this and following, but I'm going to save myself the effort and stop right there. One of my first reactions to OCAT getting bought out was, "Well, that's sure as hell is more reliable and reputable than LPC." I only recently began believing this after watching OCAT. Years of downward pressure on the stock from LPC selling kept a lid on the PPS- oh well, but LESSON LEARNED! |
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Post by happyjawa on Dec 5, 2015 4:34:41 GMT
Golly, I just need to get on a Lincoln Park mailing list or something. Nothing these guys do is positive in any way. Anybody ever post long term results for shorting LPC? Yes. ABR once posted on the old Google group a compilation of companies that LPC had done deals with and their performance before and after the deals had been finalized. It was quite telling. I'll dig it up and post it later. Thanks for the heads up JHam. It's probably a little dated at this point, but for anybody who is interested, here is the direct link to the Google Groups document ABR made. It took about 10 minutes, but I need to spend a few days digging through a lot of old posts. It's great flashing back and seeing where this board came from. Who knows, might be able to get some insight now from knowing where Ocata eventually ended up. Might even try and make an updated document and expands on these findings a bit if I get a chance. |
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Post by happyjawa on Dec 29, 2015 13:53:39 GMT
From their 10-k this morning... Thanks Adam Feuerstein.
"On December 22, 2015, the Company received a subpoena from the Securities and Exchange Commission (SEC) which indicates that the agency is conducting a formal investigation. The Company believes the subpoena and investigation relate to the recent unusual activity in the market for the Company’s shares. The Company is fully cooperating with the SEC in this investigation and is unable to predict when this matter will be resolved or what further action, if any, the SEC may take in connection with it."
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Post by JHam on Dec 29, 2015 15:13:53 GMT
From their 10-k this morning... Thanks Adam Feuerstein. "On December 22, 2015, the Company received a subpoena from the Securities and Exchange Commission (SEC) which indicates that the agency is conducting a formal investigation. The Company believes the subpoena and investigation relate to the recent unusual activity in the market for the Company’s shares. The Company is fully cooperating with the SEC in this investigation and is unable to predict when this matter will be resolved or what further action, if any, the SEC may take in connection with it." Surprise surprise, lol! Aren't subpoena and investigation two different things? |
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Post by JHam on Dec 29, 2015 16:32:07 GMT
Hilarious tweets now by delusional AVXL longs:
$AVXL Fellow Longs- DO NOT SELL!!!! THIS IS OBVIOUS MANIPULATION!! Shorts paid the SEC to scare us and shake out weak hands! Long and strong
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Post by happyjawa on Dec 29, 2015 16:40:15 GMT
From their 10-k this morning... Thanks Adam Feuerstein. "On December 22, 2015, the Company received a subpoena from the Securities and Exchange Commission (SEC) which indicates that the agency is conducting a formal investigation. The Company believes the subpoena and investigation relate to the recent unusual activity in the market for the Company’s shares. The Company is fully cooperating with the SEC in this investigation and is unable to predict when this matter will be resolved or what further action, if any, the SEC may take in connection with it." Surprise surprise, lol! Aren't subpoena and investigation two different things? Loving the reaction from the twittersphere on this one. /r/Wallstreetbets seems to be doubling down, too. Looks like I'm going to be hearing about this train wreck for a few weeks to come. |
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