Biotech Values

[DewDiligence]

ADXS—Is there anything to read into on these small monthly purchases in your opinion?

Since they do it every month, it eventually adds up to real money. In other words, it's bullish.

The fact that they buy on the same day and roughly the same size lots is strange to me.

The end-of-month purchases are by contractual agreement with the company. I.e., the shares are bought with cash at the open-market price, but they are not bought in the open market per se.