Ayala Pharmaceuticals Inc (ADXS)

[equaloppforall]

Folks, I'm as bummed out as anyone else. We have had terrible luck that seems to be never ending. I have my own gripes with management but this isn't their fault. If it's any consolation, it won't stick for long. AZN being involved ensures that the hold is resolved quickly. It also won't affect ADXS' ongoing trials.

We have to remember that the patients in these trials are very sick and these kinds of events are not unheard of. JUNO and KITE, especially the former, had multiple holds on their trials in the last 2-3 years and yet they didn't prevent their eventual acquisitions. Their holds also appeared to have a greater correlation to the dosing in their trials, although I can't recall what the final investigations revealed.

And if anyone has been watching L2 after hours, the buys far far exceed the sells. The shorts seem to have all the luck in the world and they are buying or covering at prices that we would have never guessed even a few months ago. There is nothing to do now except hope that no further c*ap happens. I still believe we will have a major recovery and this will be in the rear view, especially since AZN was almost forgotten as a partner and not really expected to either partner with us or buy us out.

I will have to make it a double shot tonight though.