Replies to post #52278 on Ayala Pharmaceuticals Inc (ADXS)

[biotech2]

you could be partially correct , BUT some institution ( most likely adage), has kept this at $3. IF it were trading at true market forces, we would be a $1 stock right now....so that's the hope for future.

[ignatiusrielly35]

TC, you have to watch Level II for a while. Also, you are an economist, you must realize how obvious it is, for example, that the stock has been pegged at 3 for months. It’s like seeing a phone booth in the desert and thinking it is a natural object.

[Chemist823]

It's actually a combination of things. There was no grand plan to take it from $30 to $3. However there was a short attack driving the price down from the highs which is very common. A combination of factors did create further downside possibilities, some tutes dumping on weakness rather than adding, burn rate, firing DO for poor stock performance(lol), months of no news, etc.

[mfs777]

Yes, I wholeheartedly agree that all of the above stated issues played a huge part in the price crash...we do have some real issues that need to be addressed asap!!!