Replies to post #36331 on Ayala Pharmaceuticals Inc (fka ADXS)

[Gantor50]

Honestly? The last 90 minutes has been lighter volume. Saw some bigger blocks at the open to jam it up. Is this to short it hard again? Maybe. But only 2 1/2 days to Quarter end so hard to say.

There is definitely more volume than the (now apparently) fake rise from $6.30ish to $7.42 before the most recent attack started on 9/11. But in order for us to assume this might not be a repeat of the headfake surge on 5/24 we need to see some follow thru.

As I mentioned (in hindsight), I think $7.42 was a fake starting point done on low volume to make the crash look so much worse. The support level after the Investor Day attack seemed to be somewhere from $5.80 to $6.20. I would feel better if we could get back there with some conviction.

But I am an amateur, not a pro, so take it for what it's worth.

[equaloppforall]

Honestly, I don't see any indication on L2 that the short suppression scheme has ended. I keep seeing a bunch of steady buying from what appears to be retail (<5000 shares). But the large block sales at pre-arranged prices all appear to be sells.

Regardless, the HFT machine is propping the SP up today for whatever reason. It could be an indication by the big short entity to the market that "this is it, no more". Hard to say based on today's activity. We need to wait a few more days.

My suspicion is, only a material event (very likely the EU partnership) will be a definite upside indicator at this point. Also, if an entity like Adage has wind of it by whatever means, they may play some funny up and down games with the SP before the PR is released in order to catch the uninformed shorts by surprise. We'll see.