Ayala Pharmaceuticals Inc (ADXS)

[equaloppforall]

Steve,

I am not a fan of disproportionate stock reactions, either to the upside or the downside WHEN there is no real news.

So what is your theory here? Are institutions selling off? The stock would be down a lot more if that were the case. Are some retail longs selling? I think so, especially those with stop losses.

However, ADXS should never have dropped to single digits over the last two years in the first place. The shorts have absolutely created a new normal in the minds of most retail and are clearly working in an organized way - getting poorly researched and barely truthful articles written and using HFT to beat the stock down at every turn (I don't know what to say to you if you refuse to watch L2 to check for yourself).

Now, I acknowledge that the company has made some mistakes, especially with planning and communication. The investor day fiasco being one. And knowing the short influence on the stock, they would have done well not communicating yesterday and rather waited until there was a partner.

But nothing justifies the stock action today. It is pure, verifiable HFT garbage in reaction to a degree of vagueness from the company.