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Saturday, February 03, 2018 7:54:28 AM
I do know that if the speculative theory about Adage and friends is true, and if they actually do plan on running the PPS back up the flagpole at some point, they will keep some of their short shares remaining short until they are ready.
Then they will start covering a big chunk to start the run and as the volume surges and the chart is allowed to start repairing itself, they will begin to suck in all the retail and professional momentum traders. They will also time this in the hope that retail shorts then panic and start covering their shares and use that covering to add additional boost. Think of it as rocket fuel sitting on standby waiting for launch and they hold the match. What they are waiting for is some announcement by Advaxis that appears significant enough to justify the launch.
But for now that is just a speculative theory. We can only wait and see if this happens or not.
Recent ADXS News
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