Ayala Pharmaceuticals Inc (ADXS)

[equaloppforall]

Gantor, I have to admit that I'm surprised by the relentless push down too, with zero resistance from any long institution. But I have seen other bio stocks pushed down to ridiculous levels, although there was at least a plausible reason to do so in their cases (see Exact Sciences, EXAS, which was pushed down from 14 to 5 dollars even after the FDA approved their home based colonoscopy kit, Cologuard, in 2015 before it went to $40 subsequently).

I still think the end game will be that the short funds will cover almost entirely by the time ADXS announces an EU deal (now it's only a question of when, not if), leaving only the retail, hangers-on shorts in the lurch. It would be crazy to think that anyone really believes that ADXS should be trading here, let alone going down further.