Ayala Pharmaceuticals Inc (ADXS)

[Gantor50]

Agreed. I have mentioned this previously but in these markets controlled by HFT machines a "short squeeze" rarely ever happens anymore. The new short squeeze is probably when a company is sold and the shorts are trapped in their positions.

Think about ADXS. Since June the PPS has been driven from $8 to $2 and at least over 50% of the short position has been covered. I am guessing even more than that because I suspect there may be another 1+M covered this past week.

The give away on the manipulation here was how controlled and programmed the walk down was. Somebody had the HFT dialed in almost too perfectly. The movements were so precise it was clearly machine driven.

I am still a little too wary to declare victory yet.

(1) We need to see them finally allow the chart to begin repairing itself, which will bring in millions of shares in volume from the technical momentum traders. They were relentless and brutally effective breaking the chart and keeping it broken for over 2 1/2 years.

(2) We need to see the short numbers shrink even farther.

(3) We need to see how far they allow this to run up before they try shorting again. Assuming they are now preparing to run it, just how far will they allow this to run? $8? $12? $18? $20's again?