Ayala Pharmaceuticals Inc (ADXS)

[Gantor50]

Ironically, if I had a large short positon in ADXS, and I was already sitting on massive profits like these guys are, I think the submission for EU Approval would make me try to create one last big crash to cover as much as I could, knowing that the odds of approval were too great for me to allow my gains to evaporate.

I think we have seen the start of tremendous pressure on the PPS and they will push this as far as they can to see how low they can get it. As long as other major tutes stand aside and let it happen it will remain easy to push it down because they don't have to fight any volume.

Of course if ADXS issues a bunch of shares at this level they will be creating the crash event themselves, and that could be what the remaining short position is banking on.

The next 3 months will prove interesting.