Unfortunately, the only thing that will change the stock's direction is major positive material news.
While in a sane, un-manipulated market individual stocks move in the same direction of, and in some sensible proportion to, the underlying sector indices, ADXS is being played by short hedge funds and MMs using some cruelly suppressive HFT programs. When the XBI or IBB move +1%, we move a few cents up or +0.5%, if at all; if they move -1%, we move -5% or more. This is not normal given the absence of underlying (and undisclosed) negatives for the stock.
It is an absolutely evil joke to say that the US has "free markets" at this point. We instead have markets with:
1) Unimaginably, mind-bogglingly unequal access (HFT can implement 1 million+ trades in a minute across various exchanges versus less than 10 using an average retail platform).
2) Shamefully poor disclosure regulations (where long positions in equities can be disclosed after 45 days and short positions NEVER EVER) and
3) Rampant institutional and hedge fund access to inside information
I would urge frustrated retail investors to just wait it out if you are confident about the science of the company. There is absolutely no other way to win for retail. And for your own well being, do not put all eggs in one basket, as it is a sure fire route to further frustration. There are so many other stocks to trade and take profits.
Lastly, I would really like it if the company communicates soon with investors about their direction UNLESS they have positive material news that renders communication unnecessary. Somehow, I sense that it will be the latter.
