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.