Ayala Pharmaceuticals Inc (ADXS)

[Simple Steve]

I remember the flash crash very well. What a crazy day. I also watched the Cramer video suggested by someone else. I can believe that hedge funds do this, but I don't see how they all connect and affect ADXS. So what happened? Good news was announced and the stock tanked 30% in a matter of a minute. Granted it didn't make much sense, but how did hedge funds manage to "manipulate" the sp down 30%? Did they issue bad news at that moment? And how did the clinical hold tie into this? You assume they knew about the bad news (clinical hold) coming down the pipeline, and maybe they did, but that doesn't explain their need to crash the stock. You suggest it wasn't retail who caused these gigantic stock flucuations but I'm not convinced. My take is that most of ADXS's investors, individuals like you and I, as well as big funds were all reacting. The first minute or two there was excitement then panic and that's what caused the fluctuations. I panicked too when I saw the sp go down to $14. Bottom line for me, I just don't think stock holders can crash a stock and basically put a good company out of business. Smart investors will see company value and won't sell their stock at excessively low prices. That's my belief until convinced otherwise.