Ayala Pharmaceuticals Inc (ADXS)

[scottmiyadi]

The salient reason the large, long established short position is operating with impunity also has to do with fact that to large degree they probably arent in fact short but hedged against their institutional long position...all conjecture about "value" or "buyout" will be determined by THEIR decision upon where we should be valued based on management's ability to execute --- or not execute. The level of valuation we currently see is commensurate with level of execution we have seen to date. Hopefully this will not remain the case moving forward.