Ayala Pharmaceuticals Inc (ADXS)

[investisbest]

Honestly, no material event, so we should not be surprised by the volatility. I think what is different currently is that the volume bump from yesterday was a unique indicator that broke the pattern of the last several weeks (you have to look back to Mar 7 to find a daily total volume at/above 1.5 million).

So, the question is what was the driver of the volume yesterday? Given the pattern before that, appears that something behind the scenes has {changed}. I don't think we're done yet either.

I suspect that if a material event is going to be released in the June time frame, we'll be trading in the teens soon enough (prior to that event). From there, it depends on the news, but as I've asserted previously, if it's a billion+ deal with a BP, etc. related to EU, you can forget about anything under $30.