Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

ADXS "old" ($5) warrants are virtually dead. They traded as low as 1/100 of a penny! I hope the management is not that stupid to extend or re-price them now. That would be an additional signal for the stock weakness. Let them expire.
Interesting to note that some stock advocates alluded that someone was holding the stock price depressed to burn those warrants, and once October '18 is over, the stock would take off. Have not heard that for a long time, but it was a rather popular theme among the positivists. Looks like even they have changed their opinion on it. I do not think warrants expiration has anything to do with the stock price being in toilets -- the plain and simple reason for the stock price depression is the lack of execution. They need to execute: hit targets, deliver what was promised, and see what happens then. The management has zero credibility in the Street.

Date Open High Low Close / Last Volume
13:40 0.02 0.0399 0.014 0.02 17,348
10/04/2018 0.011 0.04 0.01 0.0372 44,668
10/03/2018 0.02 0.02 0.0001 0.0001 65,177