Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

Our "friendly" shareholder, CVI, has the following trading habits:
i) It thrives on stock volatility. The run up the equity 4-6% on a given day to then take it down about the same percentage points the very next day. The trading cycle can be as long as a single day, or few days. There's no real pattern, and it's done to confuse and frustrate retail who is trying to trade around a core position. However, the moving average (5-10 days) remains pretty much flat. Thousands and thousands of shares traded, CVI pockets the trading profits and likely reduces its position in doing so.
ii) They tend to create synthetic positions using a reverse conversion. This enhances volatility even more, and thus they pocket more profits.
iii) HFT trading is going to be on a full gear. Now, Iggy, we are talking about money-pullation.
Congrats to all for ending up in this mess!