3SOF

Sam, looks like we are sucking.....

Tell me about it! Every time it makes a blip to the upside ... I get so hopeful! hahahahaha
I just keep asking myself WHY would they add a stock to an index that is seriously in jeopardy of becoming a penny stock soon. 
-Samantha

And that is my main reason for holding....  And if you look at thier chart (which you have) they have big swings.   

NO ...JS ...  tell me it isn't so? Could we be clawing our way out of the hole we dug?
Sorry ... that probably gooched us...

Well, I think I saw green, but we also saw green on the announcement to Nasdaq the other day too, and now we are just trying to get back to where it was then..   

JSINTEXAS ... oh lord ... what do you make of the news? The last time the got an approvable letter the stock fell ... they get an approvable letter for a new formualtion of the the schizophrenia drug they already have on the market and the stock is up 8% ... Is that good news this time ... smaller doses ... easily accommodated packaging changes??

My head is spinning ... maybe that's how they plan to increase sales? I'm feeling optimistically bipolar ... you??

http://www.avanir.com/

-Sam

But we're down 4% today... not looking good.  I was very hopeful yesterday for a nice bounce up.

Bit of news today:
AVANIR Pharmaceuticals Announces Conference Call to Provide Zenvia FDA Meeting Update

QuoteAVANIR Pharmaceuticals (NASDAQ:AVNR - News) today announced that management will provide an update on its meeting with the U.S. Food and Drug Administration (FDA) on the regulatory path for Zenvia(TM) for the treatment of involuntary emotional expression disorder during a conference call to be held Wednesday, February 28, 2007 at 8:00 a.m. Eastern time / 5:00 a.m. Pacific time. The call will be webcast live through AVANIR's corporate website at www.avanir.com and will feature AVANIR's President and Chief Executive Officer Eric Brandt and Vice President of Clinical and Medical Affairs Randall Kaye, M.D. A press release summarizing the highlights of the Company's FDA meeting is expected to be released on February 28 prior to the conference call.

Well, well... not as good as I was hoping for:

QuoteZenvia with additional clinical data (AVNR) 2.24 : Co announces it has met with the FDA officials to address concerns expressed in the FDA's October 30, 2006 approvable letter for Zenvia as a treatment for involuntary emotional expression disorder and to present AVNR's proposed strategy to gain approval for Zenvia for this indication. In preparation for the meeting, in Jan AVNR submitted a briefing package outlining its responses to questions contained in the approvable letter. At the core of the briefing package was PK/PD modeling based on data from prior trials supporting a proposed lower-dose formulation of Zenvia, as well as detailed statistical analysis addressing questions concerning the secondary efficacy endpoint in a prior trial. There was support for the Co's modeled lower Quinidine dose formulation to reduce QTc intervals below the 5 msec threshold as well as the C's statistical analysis presented on the secondary efficacy endpoint agreeing that Zenvia at the 30/30 dose had demonstrated efficacy in its controlled clinical studies. As a result of this analysis, the FDA has requested that AVNR supplement the new drug application for Zenvia with additional clinical data to confirm that the proposed lower dose is effective and that it enhances the safety profile.

AVNR is very, very disappointing.
I'm out at 1.6901, down 49%. I should have sold a long time ago!

Well, I have a new rule:
Never - EVER - buy a stock with some kind of FDA approval pending

Tell me about it. I'm resigned to the fact that I'm just stuck with the 2009 calls.... wwwwaaaaaaaaa!!!!!!!!!!!!!
-Sam

I'm down about 50% myself. A lot of times the biotechs come back though. Look at ELN or VPHM as an example of biotechs that rallied from multiple gap-down situations. Keep hope alive!

Man, the volume is huge... over 300 Million $$ are changing hands.

Volume like that, the price could rocket up again tomorrow.

Quote from: setravis on August 22, 2006, 02:39:10 PM
The thing of it here is,
You started a new thread each and every time you had something to say about this stock....

http://www.3stocksonfire.org/trading/index.php?topic=6146.0

http://www.3stocksonfire.org/trading/index.php?topic=6147.0

http://www.3stocksonfire.org/trading/index.php?topic=6179.0

This could have something to do with the -9 rating that you have acquired.
Why not run 1 thread to keep all of your comments on a pick in 1 place 
With all this ,your name fits your style sir_joke!

This is why I never followed this thread.
sir_joke was a pain at starting new threads each and every time
he  or she had something to say about this stock.
Even on this same stock, started threads on the Penny Stock Picking Board.
Pathetic....

"AVNR" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                               
All history on a stock pick in 1 thread is awesome.                                            
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                           
Thank You....and good luck with all your trades....make some $$$           

Quote from: Lucas Scott on March 03, 2007, 02:52:37 AM
I'm down about 50% myself. A lot of times the biotechs come back though. Look at ELN or VPHM as an example of biotechs that rallied from multiple gap-down situations. Keep hope alive!

I re-read the entire thread.... Short squeeze has finally arrived.
Lucas, you are up 70% on this trade ...... I bet Livana's is banging her head now on the wall when she sees AVNR had rocketed to the moon.

BTW, thanks for cleaning up AVNR threads Setravis, I saw it, it was a mess..... Applause