THE VOTE IS IN!
$Avalo Therapeutics(AVTX.US$ The vote to approve the R/S has won by about 3M votes!![]()
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Clueless Noob : Is there a date when it's going to happen?
TrytosaveabitOP Clueless Noob: Not yet! Only that it was approved and now the board decides what it will be? Anywhere in between 5-1 to 250-1? I will post as soon as I see what and when! GL
Clueless Noob TrytosaveabitOP: Thank you.
TrytosaveabitOP Clueless Noob: You’re very welcome
OhNowGombie : Who still holding on ? I used to think the stock was pretty cool because of the area of medicine in which they are developing new drugs. when you look at how many illnesses are tied into this central biochemical axis, i.e. you know …. like cancers and anything to do w immunity, or allergies, or the autoimmune diseases and inflammation, I really think it’s a good place to focus for finding multiple uses for a single drug, i.e if I’m not mistaken, but I sold all my shares already!!!!
Now….. I’m not really looking at the financial statements and understanding what’s going on with stock’s fundamentals, but before the RS , no way in hell buying now!!!
TrytosaveabitOP OhNowGombie: Yes I agree with your sentiment on what they are looking for, treatment/cure wise! I myself have traded this ticker about a half dozen times and made nice profit! But yes their financials are not good! They have a opportunity to get a huge milestone payments! The horrible part of this is short selling the stock! Shorts love to pounce on this one every time it gets a PI! I am against SS! Especially when it’s done on companies that are actually trying to make / discover life saving, extending or improving quality of life medicines! And I really REALLY against naked SS! But that’s another conversation! Anyways keep a eye on it in the new year! If they hit the milestones for the bonus/payments? This thing will go a 100+% quick, fast and in a hurry! GL and big profits to ya!
FiReBiTriXiE : Best decision shareholders could’ve made my opinion they need to not do any offerings until they produce some victories and get their price up otherwise they’ll be back in the same boat there’s something amazing going to come from this company a breakthrough I can feel the energy just can’t figure a timeframe!
TrytosaveabitOP FiReBiTriXiE: I am with you 100% on this R/S! Some companies R/S so they can continue lining their pockets. But as with this company, its out of necessity. They stay listed, and the higher stock price can make it more attractive to a higher number of investors that just don’t like the manipulation and volatility of stock’s trading under about $5.00? The company does have a decent pipeline and it’s been moving forward with pretty positive data/results! Have a great night and GL tomorrow
FiReBiTriXiE TrytosaveabitOP: Judging by their free float I’d predict in between 1 for 50 to 1 for 100 respectively lol
FiReBiTriXiE FiReBiTriXiE: Possibly even 1 for 25 bare minimum haha
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