Replies to post #93028 on Ayala Pharmaceuticals Inc (ADXS)

[Bourbon_on_my_cornflakes]

Clearly WRONG:Most of the unassigned shares are held by the market makers, not retail, not insties.

Market makers are trading businesses. They are not going to invest $20 million in precious capital in a marginal stock that could be delisted so it could sit in their inventory. They cannot afford to do that, and it would be a stupid move. They trade in hundreds of securities, the capital you are talking about would run into the $billions.

Market makers, if they need shares for buyers, sell short. Then later in the same day, they manipulate the price down to cover the short. The goal is to be carrying no significant position overnight.

The ideal that market makers would invest $20 million in ADXS shares to hold long term is preposterous. That is not how their business works.