AVXL has great potential and just because the pump
Post# of 72440
Posted On: 10/08/2015 11:58:30 AM
AVXL has great potential and just because the pumper/dumper gangs have used it as a vehicle, we should not be either badmouthing it or wishing ill upon it or its investors (of which I am one, although admittedly at only 80% of the stake I had a few days ago).
AVXL had horrific management and a potentially great product. Now that the new CEO has started getting things straightened out, and putting them on a path to use their drug(s) for more than only Alzheimer's, they are doing a bit of healthy diversification -- like CTIX, trying to de-risk by not having all eggs in one basket.
I remain optimistic for AVXL's future, and it genuinely could go up 50-fold from here. I've seen the pumper/dumper gangs run it up and then yank the rug out at least 3 times now (etradeedge is one of the ones who posts mega-bullishly, then has disappeared when it went down afterward) -- but that doesn't mean the COMPANY is bad, just because the creeps are trading it. It's sickening to think of those guys profiting from it -- but, if they genuinely have an Alzheimer's treatment, or a better treatment for epilepsy, it will be a huge boon to hundreds of thousands of people. The company may have to do some dilutive financing, but any long-term investors will be amply rewarded -- IF their drug works.
I consider CTIX to be far less risky, so I have a much larger CTIX stake than AVXL stake.
AVXL had horrific management and a potentially great product. Now that the new CEO has started getting things straightened out, and putting them on a path to use their drug(s) for more than only Alzheimer's, they are doing a bit of healthy diversification -- like CTIX, trying to de-risk by not having all eggs in one basket.
I remain optimistic for AVXL's future, and it genuinely could go up 50-fold from here. I've seen the pumper/dumper gangs run it up and then yank the rug out at least 3 times now (etradeedge is one of the ones who posts mega-bullishly, then has disappeared when it went down afterward) -- but that doesn't mean the COMPANY is bad, just because the creeps are trading it. It's sickening to think of those guys profiting from it -- but, if they genuinely have an Alzheimer's treatment, or a better treatment for epilepsy, it will be a huge boon to hundreds of thousands of people. The company may have to do some dilutive financing, but any long-term investors will be amply rewarded -- IF their drug works.
I consider CTIX to be far less risky, so I have a much larger CTIX stake than AVXL stake.
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