Ayala Pharmaceuticals Inc (ADXS)

[Gantor50]

I wouldn't sweat that too much. The real question was never how low they would take it, but whether this was ever going to turn.

If it does turn this could move .70 in a day or two. It can move multiple dollars in a week or two.

But right now there is no buying interest in volumes significant enough to overcome the algos that are walking this down on low volume.

Interestingly enough, the volume across most of the Biotech sector last week was light. Even though the IBB and XBI rallied, many stocks I follow were neutral to up on low volume.

It's odd, because for all the predictions that 2018 was going to be huge year for Biotech M&A, nobody seems to want to really commit in any major way. I'm guessing rates going up is the negative drag? I can't figure out what else it would be.