Ayala Pharmaceuticals Inc (ADXS)

[attilathehunt]

raja -
So why does BP not go ahead and buy ADXS...?

Maybe under DOC it wasn't for sale and maybe now it is and deals take time. Given we have multiple partners the due diligence period is going to take some time. Any potential buyer would need to get intimate with all the other partnership and I bet it gets tricky. Let's say AZ is looking to buy us outright. Before they open their wallets they will want to see what is their exposure with BMY, Merck, Amgen, etc. It's not going to be easy to share deals with other competitors. If you were BMY, you wouldn't want AZ looking under your sheets.

This will take time. Because of this complexity (all the deals) I believe that is why the BOD handed it over to Lombardo to sort out and to get it done.

He needs time and thus the shorts opportunity to drive share price lower. Make money, cover, then go long. The shorts (smart money) will profit from both directions.

I'm holding and will not sell. Selling now is like being an accessary to a crime. Let the shorts work to cover. Im not going to make it easy on them by selling. I would have sold long ago if I didn't believe in the ultimate outcome.

Have a good evening.