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Bourbon_on_my_cornflakes

01/02/18 3:20 PM

#48009 RE: Simple Steve #48007

Expecting ADXS mgt to actually get anything done is unexpected. So you might get a 50 cent move on submission. Not more, as it is not worth that much until approved.
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raja48185

01/02/18 3:39 PM

#48013 RE: Simple Steve #48007

More importantly you have to ask yourself ' which way will the stock move the day after the PR regarding submission' when the focus shifts to the 'Waiting for approval'- even if the wait is less than the usual time frame.

(Assuming that the stock moves nicely on the day of the PR - a good combined move up/down of 40 to 50 cents on a $3.00 stock is good money). I am sure shorts are smacking their lips waiting on the sidelines, knowing that (if)just the news of submission alone and nothing else that says $$$$, then they have another few months of rejoicing till Vitamin M (Money) comes into the limelight again - this time around for survival.

So important for ADXS to get some money,quickly - before they deplete their cash to dangerously low levels.