Ayala Pharmaceuticals Inc (ADXS)

[Gantor50]

This week and last week I have been watching the Bid/Ask and volume pretty closely. They are pegging this thing and pretty much won't let out of the range of $3.95 to $4.20. We also know there has been significant volume.

They are either closing out shorts and preparing to launch this, or they are preparing for another leg down. I am assuming the former based on the short report on 10/10. However, won't have more confirmation until report on 10/24. I am also assuming the former because it seems all the easy short profits have been made and they just need time to convert those massive paper gains into cash. It's much easier and quicker to build a 10M short position than close one out. Especially in a micro cap like this is.