Replies to post #77108 on Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

I'm, personally, three months away from taking that big loss. If nothing positive happens by the end of October, I'm out completely despite taking 95% or higher losses, whatever share price will be by then. I need to see a convincing reason to buy, ditto for other retail and likely institutional holdings. If no reason is shown, the selling will continue. I believe the point of no return for this pre-revenue company is $30M in market cap. If we go below that number, the gravitational forces of the adjacent black hole will devour us in no time.
Of course, the next CC is a big tell. However, the likelihood of AXAL shelving is almost a certainty as of today. What a shame.