Replies to post #93411 on Ayala Pharmaceuticals Inc (ADXS)

[Bourbon_on_my_cornflakes]

Sold my shares today for miniscule profit.

enough to buy a couple dinners out for me and the wife.

This managment is determined to drive the stock into the ground. NO regard for shareholders at all.

I expect reverse split to be announced next week, 1:20.

stock may start declining on R/S news. Probably trades post split at $6, then 20 million share offering at $5. Long term shareholders will be down to 8% of the company they had 100% of before Lumbago took over as CEO.

At that point, with cheap cash aboard, it would be best time to buy back in.

[cdiddy01]

What a pitiful outcome. I'm not sure what I was expecting to get out of the proxy, but that was not it. My only hope is that they pump this when the r/s and dilution happen so I can make a decision on getting out then or not. Lesson learned.