Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

Given that a positive news is coming shortly, any serviceable-level management would do this R/S in the following order:
1) Release the news;
2) Let the share price run;
3) Arrange R/S and do a secondary;
Thus, either the management is stupid (I doubt it), or there's no great news on the horizon. I think it's the latter.