Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

That’s rather simplistic view. Then, let me ask you, what was the reason for insider buying back in June? The dominant explanation on this board was that the share price would go up as we were very close to an inflection point touted by the management early this year. I disagreed with that reason saying there might have been a banal reason for those buys: order from the BOD chairman strongly supported by a new CEO. Ok, not a direct “order”, let’s call it a “friendly suggestion “.
There is much more going on behind the closed doors that we are not privy to. Things could be much worse or much better than they appear— we just don’t know. The company is shrouded with unnecessary secrecy. This leads to all sorts of speculation. Only insiders know what’s going on in NJ. And they’re not happy as they keep reducing their stakes in the company.