Updated
ADXS for fun and possible profit
Throwing this out there as I always have interest in picking up a low price stock with significant upside potential. (I once bought Catabasis at .10 / share and mistakenly sold it at .30 / share. Ha ha on me.)
Here's another bio-magic company that may be a fun and low-risk play (if you consider losing a thousand dollars low risk). ADXS most recent high that it has fallen from is around $110. What other speculative stock has prior highs at 100x (and prior to that 4x times that). Not many. Which is why so many people have lost their shirts. Today's price is much easier to consider - but certainly not a 'sure thing'. What you do with your own money is your own responsibility.
Advaxis is in Phase 1/2 of its lung cancer treatment (along with Merck) as of November. Obviously many of these companies depend on the outcome of their clinical trials. But again, at a dollar a share...
Here's another bio-magic company that may be a fun and low-risk play (if you consider losing a thousand dollars low risk). ADXS most recent high that it has fallen from is around $110. What other speculative stock has prior highs at 100x (and prior to that 4x times that). Not many. Which is why so many people have lost their shirts. Today's price is much easier to consider - but certainly not a 'sure thing'. What you do with your own money is your own responsibility.
Advaxis is in Phase 1/2 of its lung cancer treatment (along with Merck) as of November. Obviously many of these companies depend on the outcome of their clinical trials. But again, at a dollar a share...
Note
I've drawn out some lines to compare against later.Resistance appears to be around $1.15 and a possible pullback around .87.
Note
We are consolidating here. Appears to be a healthy movement rather than a speculative pullback. Keeping an eye on this however.Note
We've touched lower support. Keeping a close eye on future direction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.