Crazy volume.....13MM shares traded for such a pitance of a PPS??
Go figure.
Let us see what the offering is. Depending on that one may have a year or less to recover the losses suffered thus far in ADXS. Be/go long - buy shares/calls; short the stock - buy puts or short it by borrowing shares, trade it like a piece of paper, etc. do whatever it takes to get your money back. Use a combo of these techniques if needed, but do not lose sight of the task at hand. I sincerely believe that this a golden chance to recover losses. Doing nothing and waiting is not what I am planning on doing. It is going to be a long process to make money in bits and pieces, considering the fact that for example (in my case) 1 million share count before the first major RS of 125 is now just less than 600 shares. Any day I am richer by a couple of $1000 is a good day; anything less is not a cause for complaining either.
Leave the science and all the waiting to the rest. That debate and delay will keep going on for so long that it wont matter.