Ayala Pharmaceuticals Inc (ADXS)

[bomba_travel]

I do not agree that anyone *knows* AXAL is a dud.
However, should ADXS dilute at low SP between EU submission and expected EU decision, then we will know what ADXS thinks.

I do agree that this is real and not HFT, but only real in that it has become a downward momentum play/dogpile, justified by newly advertised timelines that expose gap in cash+milestones runway given burn rate and perceptions that ADXS feels they must course correct away from AXAL in lieu of DUAL and NEO/HOT. To this end, I envision significant trimming of institutional holdings, particularly in smaller holders (non-Adage/Fidelity), and an uptick in short interest. Hope I'm wrong, but we'll know soon as the reports come out.

ADXS does have present intrinsic value and future revenue potential that do not have anything to do with AXAL. Manufacturing facility, IP, and milestones from AMGN and Sellas worth nearly $1B.

All that said, I'm dribbling in small buys during this downturn.

Best to ADXS and the investors!