Hello Mpreorder and the rest of the older crew,
I would not want to set a price on ADXS right now. I really do not see the point. Nobody knows if ADXS will ever sell themselves or what will happen in the future. The only thing each investor should be doing is defining what THEIR price is. In other words, what makes your investment good for you? This is a personal decision and one that should not typically be made for you through a corporate event. For instance, if $30/share is your price, you should of sold a couple of years ago.
There are a lot of assumptions being made that Dan is gone because of a sale. To me this is one of many potential catalysts for Dan's departure. There has been a couple of times ADXS did a share offering and then the price on shares dropped dramatically with in a month or so. This does not sit well with larger investors. Once maybe, but multiple times....
I could easily see pressure being put on ADXS by a large investor that took a quick bath on an offering. This could of caused the board to react.
In the end, as people have said for years, "Its ALL about the science!" If the science is good (which ADXS has proven quite a bit) then it is only a matter of time before the share value reaches an individual investors desired price target.
Getting any type of approval from either the US or EU would be a very big event for ADXS and should show in share appreciation.
I continue to look forward to a bright ADXS future. I would just like to get a better feel for who is actually in charge at ADXS and what their agenda is.
GLTA
