Hey Jayesh!
My advisor takes the liberty of contacting the admissions officers himself because he supposedly 'knows some people'. I, however take everything he says with a grain of salt and advise you to do the same also. ( OK I admit it I am pretty pessimistic! 😉) But on the other hand I really don't push him for this information (because I already have one acceptance which offered me a great scholarship.) So who knows?
At my interview I was informed ( by the dean) that the waitlist moves more for the out of state applicants than in-state. So this is why I included residency information. Meaning even if I did get off the waitlist, your situation might be different.
Anyways, if you really would like to go to that particular school I would advise you to 1) Send a letter of intent 2) Tell one of your recommenders to call/write a letter restating your many benfits as an applicant and inquire about your status and 3) Call to be sure they got your letter of intent telling, whomever is willing to listen, how interested you are.
From what I have seen about admissions..it is all about timing and persistence.. Not GPA's or MCAT's .. Good luck!