Ayala Pharmaceuticals Inc (ADXS)

[exel_mm]

First, fbg, by Hovacre's view you're actually bloating the numbers and wrong, so you need to be consistent. Jump on that support and sell for 500 -750 million and take your loss. Go for it.


Sure, the safe, conservative view is to follow the thought process:

"What does the market say Advaxis is worth right now? A: about 6 and change

"Okay, now what is a typical multiple in BIO acquisition these days?" A: 50% to 150% premium

So, you get anywhere from $9-$15 pps. Vanilla ice cream. Yummy.


What you fail to account for are intangibles. That is something nobody can predict, thus we speculate.