Is it really about manipulation and lack of big deals? Maybe the technology is just plain unproven. Looking at all the past trials. Very very few data points with no trials with control arm. Good results could be purely placebo. Out of 100s of millions spent and decades time only a few data points. Maybe the drug only barely works but competition is fierce. Look at trials from companies like incy and vertex. The results are unbelievably definitive. Not so sure with ADXS.
Also, talk of adage manipulation or trying to stop manipulation are overblown. Adage probably barely remembers it bought adxs. It is 0.1 percent of their portfolio. A 100% loss and they would not even notice