Furthermore, companies that are in negotiations to be bought out or who are on the cusp of agreements do not see their share price destroyed. Typically exactly the opposite occurs.
Almost everyone who owns ADXS in the past year knows that it has dropped like a rock. But what we don't know is why?
This board has been speculating their heads off to come up with a sound reason for the drop. 30% of the board dislike Iggy's idea but IF the science is sound within NO new news, I have to say that Iggy's is closer to the truth than other theories.
It would be great if more people would start to look into the science instead of digging up half-baked reasons on Lombardo, BOD, Bonstein etc.
When investors like Alex Denner (The 25 most influential people in biopharma today) dumping shares for loss, it has to be something wrong with the science. Perhaps ADXS share price will double/or triple overnight if Advaxis simply rename their crappy/outdated LM-based immunotherapy to something like blockchain-based immunotherapy :)