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Re: DewDiligence post# 80457

Monday, 09/10/2018 7:31:14 AM

Monday, September 10, 2018 7:31:14 AM

Post# of 108192
I think Dr Petit might have just canceled his monthly pre-planned, voluntary purchases of the ADXS stock as it stopped serving an initial objective long time ago. I can assume O'Connor, Bonstein and Petit started their monthly purchases when the expectations were really high, and these auto-buys were designed to show a strong confidence of the top management in the future of Advaxis. Recall everyone was pumped up by those purchases while ADRO's management were selling their stocks. Now that DOC and SB are gone, Petit continued those purchases until this September and likely would have continued the program if Berlin and Gutierrez and Henderson joined the program. They did not, and Petit had to cancel his. It would not look good if he were the only one from the top management who "showed a confidence" in the company. Thus, just kill it.
@wmtgreeter
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