Ayala Pharmaceuticals Inc (ADXS)

[Gantor50]

Yesterday was possibly significant in relation to the PPS. It's still too early to say exactly because we have had so many head fakes.

But during the last 3 Investor Day's, the hedge funds that represented the majority of the 10.2M shares short, and who exercised relentless and brutal control of PPS took this down hard.

Sometimes the attacks were almost surgically precise as they would take ADXS down right up to 9% (being careful not to trigger the uptick rule) for 2-3 days in a row, and then only on the 3rd or 4th day of the takedown would they allow the uptick rule to be invoked (which usually signaled the end of that specific attack).

Yesterday it would have been very easy for them to do the same. In fact there were some large sell blocks in yesterdays volume, but the algo's were running to protect the PPS, not destroy it.

Again, too early to tell exactly what the coming weeks portend in relation to the PPS, but I think yesterday might have represented a significant milestone.

At least I hope so.