Ayala Pharmaceuticals Inc (ADXS)

[equaloppforall]

More than the technicals, which in ADXS' case are almost always deliberately set by hedge fund algos to favor shorts, I have been focusing on buying/short covering in relation to daily volume (even when low). I would expect the short volume to be down at least several hundred thousand to may be over a million in the next short report.

But I agree with you that ADXS had a bunch of disappointing head fakes in the last couple years, and the last one during investor presentation was certainly a self goal. But the appointment of a new interim CEO and the catalysts lined up in the short to medium window from here on might keep investor optimism and SP uptrend more sustainable this time around until we find a fair valuation. I hope we don't get into buyout talks until then. We'll see.