Another biotech files for Chapter 11...
Notice their MC was just above 30M before filing for a bankruptcy. They had an approved drug in the markets, EV higher than the entire MC, but could not make it. What chances does Advaxis have now?
This is exactly why I have started day trading this stock with the hopes of recovering some, if not all of my money invested, before the clock stops ticking. Something is better than nothing.
p.s.
All those cheerleaders are slowly disappearing from the board. They were dime a dozen with their 'if' arguments as the corner stone of their message.