Ayala Pharmaceuticals Inc (ADXS)

[raja48185]

More importantly, ADXS does not have any FDA or EU approved Drug. Even with a possible EU approval, we are 12 months away - enough time for the shorts to take the pps another 25% - 50% down.

One real bad day - like news of US dropping a bomb on North Korean Nuclear installations or some major terror act, is enough to send ADXS down 10% to 20% in one day. At $5, 20% drop is $1 drop - relatively a huge amount, but in times of panic it is just a dollar.

A stock at $60 going down to $48 is big hit too - but it is not as hopeless as a stock at $5 going down to $4. The latter is just a few days away from getting delisted and will probably resort to tactics like R/S, raise capital etc. to stay in the game.