Ayala Pharmaceuticals Inc (ADXS)

[jckrdu]

Hey Oak,

On buying at $1 - Yes, per my prior posts I like the risk/reward at current levels. I started buying back in at .97 yesterday, and after .95 held on heavy volume, I added more. I'm not saying ADXS is going to $1.40 on Monday, and I won't be surprised if it takes another temporary/brief dip lower (perhaps into the .80s or .70s) if they announce the wind-down of AXAL/Cervical, but my mindset at the moment is to accumulate more if it moves lower, knowing I likely won't buy at the very bottom. With near-term cash issues mostly addressed, the market IMO will start looking ahead to the upcoming milestones that are laid out in the corporate deck.

On me being a positive poster - I consider myself a realist who tries to look at all angles objectively and unemotionally. I'm also not afraid to act if I feel the probabilities of positive pps movement have swung the other way. If you read my past posts, my outlook on ADXS hasn't changed; still see some near-term risks (that have started to resolve themselves), while being bullish longer-term.

On a potential reverse split - As Maple and others have pointed out, its a risk, but I consider it to be a longer-term risk that investors don't have to worry about right now. Why? Because 1) there's a longer time horizon where ADXS would have to worry about being delisted,and 2) both NEO and HOT data are guided to be coming out in the first half of 2019. IMO, we'll see that data (and its impact on the pps) before ADXS would have to consider doing a reverse. If the data is positive as I suspect, a reverse should be off the table. If data is negative, it won't matter as there will be larger problems.