Ayala Pharmaceuticals Inc (ADXS)

[hovacre]

This is the going market price, around $5. The free market has determined that.

There's a bit more than free market dynamics going on here, for sure. The fact that this whole situation could change on a dime and shoot back to $10 (or wherever) by Tuesday is evidence of that.

The way we got down here is from a lack of any significant accomplishments or milestones by ADXS the past year or two.

This can only be stated by someone who is unfamiliar with the news that has come from Advaxis in 2017. Positive phase 2 results, initiation of phase 3 trial in cervical cancer, initiation of the NEO study.

If investors don't notice these, then they will once the EMA filing has been completed. And then people will look back on this time and wonder what made them so frightened.

...with them now not pursuing further clinical study of ADXS-HER2. That was a stunner to me

Why?

Maybe some people are buying their excuse that they want to streamline their business, but to me it only makes me question their confidence in their products.

Current cost of developing ADXS-HER2 is half a million per quarter, and it is many years away from a possible approval. Why should they continue to spread their resources as thinly as possible?

The one way I can see it as "streamlining" is that they are trying to cut costs because they know burning thru cash as fast as they are they will need to raise more. So....that's why this is now the market price.

So this would imply that you understand that the stock price is based on speculation on the part of investors, and not quite based on classical supply and demand.

I hate it because I'm losing a bundle, but kind of stuck now. I certainly don't want to sell here, but I think a lot of investors were scared out and they left, probably for good, IMO. I know I though about it too when it dropped below $6.

Everyone has a right to voice their frustrations, but it will never cease to make my eyes roll. This current downturn is not based on rational analysis and careful consideration of valuation. It's based on speculation, which can turn on a dime.

Will we be seeing the negative folks come back when the stock price hits a new local maximum again on no news? No. We won't hear from these "troubled longs" until the share price mysteriously shrinks again.