Ayala Pharmaceuticals Inc (ADXS)

[ignatiusrielly35]

What I hope, and believe, will happen is that significant covering is occurring and they will release the share price and run it up. The pending EMA decision is a perfect time to do it. First, the shorts face the risk of approval. Second, both traders speculating and investors betting on approval at these low prices will occur, which will make it more difficult to suppress the share price. Third, potential EMA approval is a ready-made scenario for a pump, if they are inclined to do that. So much more money to be made going up from $2 under these circumstances than by going down. If the price runs up significantly on good volume then ADXS can raise cash with the ATM much more cheaply, assuming they do not address the capital needs with licenses or sales of assets, or do both the licensing and an ATM raise if it makes sense. Then, if approved we are golden and if not we are in pretty good shape on the balance sheet regardless. Throw in a new rock star CEO and I will fell quite optimistic in all of these things occurring.