Ayala Pharmaceuticals Inc (ADXS)

[cab033]

Not to rehash the recent RSU award by Dan, I know everyone has their opinion and view on it, and those who support it say "complain to Adage, fidelity, etc." but has anyone noticed exactly when this recent downtrend in SP started? At the market close on May 1 ADXS was sitting on a 6 week high. After the close on the same day the filings came out showing the RSU awards. Since then we are down 9% in just 4 trading days. Was the run up to May 1 in anticipation for ASCO? Maybe maybe not. Was the subsequent decline since the filing a direct result of Dan's RSU grab? Well based on the timing, with no other material news announced, and only a 1% drop in IBB, it would appear that the market might agree that DO is getting carried away with the RSU's. Unless there is any other reasonable explanation for the 9% drop on no news other than the RSU filings?