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Agreed. Looks technical. However, we are approaching 5 week from the 1yr mark from data lock. Something has to break, news-wise. Sawston MHRA approval (?) looming. Good time for a technical run to coincide with News.
Big Blocks holding PPS under $1.40. Looks like that's the end of the move for now. $1.43 would be a big break out above 50/100DMA's and clear the way up to $1.70. I guess we will see if buying can get through it.
Yep. And NWBO will tell you that ramping up manufacturing is part of putting 2 and 2 together. Why would we do this if we weren't confident in data?...although we haven't released the data and won't even discuss when we will. They always create uncertainty, always making shareholders guess.
Decent volume to start this morning. Would love this to be part of a run up to news rather than a technical reversal. Need News!
DI has been saying that since he started. They all tell him to get it to $5 and they would be in. Topline/Journal to $5 then R/S 2-1 and uplist = $20
Did not see this and apparently no one else did either....$1.20. Need Data released asap!!!
I am expecting a move similar to the move on your chart on March 15th...looks identical to me.
OK, looks like we are getting through the lunch hour without taking a hit, time for an afternoon run with volume and comfirm this reversal!
All roads point to $1.25. We are in a short-term break out of last two-week downtrend. If the short-term reversal gets us through $1.25, the longer term trend moves up. MACD is pointing that way. Just need some volume to see a larger percentage move. Failure could see a retest of new lower trendline around $1.15.
$1.25 is the strong resistance this morning. If it gets taken out, we could see a run this afternoon. Early action looks pretty good.
To me it reads that the Company hold both those cards. "Contingent on releasing clinical trial data" and contingent on there being "A next private placement after this release"
Lienholders get nothing extra if company never releases trial data or has another private placement.
Yes, only to get knocked down again! One of these times the run up will truly be due to imminent topline release!
The other potential issue on timing, and one which we do not know, is what timelines we may be up against. Are we at or past the 1yr official end of the trial? Have they requested an extension? If they did, would that be material? Are they not concerned as covid would be a valid reason to not release data on time?
I wish we had answers to these questions.
42 Days until 1yr past data lock. Will we get topline before or a legitimate, honest update on where we are with the release/Journal?
4 Months from June 30th was probably written with the idea they had a cushion. June 30th being the latest, IMO. Knowing NWBO, however, October is more likely than September.
Interesting catch. 4 months from June 30th looks like expected timeline?
Or, before October 30th....let's see.
10Q subsequent event paragraph had nothing to say about trial or timing or process, which is not surprising. Only mentioned some additional warrant cash and tax refund from UK. Certainly not enough cash to get more than a few months, IMO. So, either we get Journal and topline by October or we see another financing, IMO. The wording on Covid delays is based on June 30th timeframe, correct? So, maybe we have made progress.
Which is why I believe it is a home run. If the data suggests a meager statistical advantage, then the journal article is to justify the value of the data and what the company is worth in scrap metal. It would not be as relevant to have the timing be as precise, IMO. Topline and journal at same time mean home run to me. Problem is we have no friggin idea how long we have to wait.
Still using Covid delays as issue. Don't need to access old tissue samples to release topline. They have the data and anyone with a computer can look at it. This could go on forever. Nothing to see here.
It would be to the SEC. Not sure how it is written within the loan docs. Either way, a few weeks is all they would have to be in compliance. Not sure after all this time that a couple weeks is the difference. I anticipate seeing the 10Q this afternoon.
Doesn't the last $11M loan have a stipulation for filings being on time? If they want an extension for reasons of non-disclosure of certain things that have happened since last filing, that would be a slippery slope, IMO.
Agreed, that's why I hope to see cash conversion money rather than anything else. But, even if ALL recent conversions were cash, the conversion prices are so low it really can't add up to enough to run the company. Are there other off-balance-sheet things LP could do and not disclose? Does she have cash conversion warrants, and was it her doing it to fund the company? If so, wouldn't that be insider moves that need disclosure? I know it's all speculation and frustration, but that's where they have left me.
I am 100% certain there will be some type of loan/financing in the 10Q. here has to be. We have all calculated burn rates over the years and the data analysis process doesn't get any less expensive, nor do the monthly recurring expenses. Not to mention Sawston. Maybe a loan from LP or something like that. Maybe more cash warrant conversions from friendly longs than we know. 40 million shares issued in past 6 months, I think? I hope they are on time and release 10Q this afternoon.
94 days since last PR.
Zero info in that PR on phase 3 trial.
10Q due this afternoon. Probably nothing new to glean.
50 days until 1yr from data lock.
Oh, yeah, if you want info, just refer back to the Oct. 5th PR from last year.
Extremely frustrating that they won't say anything about where we are in this process.
Could they release 10Q today or wait until tomorrow? And, does anyone think we will have another delayed release? With a newer Accounting firm, I would doubt they would be late.
I guess short term action hinges on what we can decipher from 10Q tomorrow. Hoping we get some update news in addition since they PR'd the Completed, locked dataset on August 20th, 2020.
4000 shares traded at $1.32 and bid is sitting at $1.24-$1.25. Maybe foreshadowing a move up today.
yes, I have seen that movie. Fall in line.
I guess you could if you do not specifically talk about our phase 3 trial. Could be a generic talk about the antiquated FDA process and need for change.
Yep, clearly running on fumes. Warrant conversion? small dollars based on the increased outstanding shares and the fact that only a small fraction of them are likely to be cash exercises. New loan would have to have been disclosed. So, how are they staying afloat?
Rushing? It's been over a year since they said they would deliver topline. I don't swing trade or day trade. I think the silence strategy is almost criminal. There is no reason (for those like me who don't believe it the hundreds of millions short theory) to not give shareholders true updates on where we are. I believe there are milestones and activities that have happened that would be material and thus, need to be disclosed. I'm sure that is debatable, but LP and her lawyer minions probably have a gray area way around it. I don't like that. Tell us where we are!!!!
We are exactly 8 Weeks until 1yr past data lock. 305 days past PR...so much for 300 days to release topline. Get your detective kits out, going to have to do some forensic analysis of any of the language changes in 10Q next week. That's probably all we get, again. Ridiculous.
Another week of treading water and likely lower without any news. Next week may be an opportunity to see what is going on via the 10Q. Not the nest way to update shareholders, IMO. Especially if language is still the same....vague references to a mysterious process that seems to have no end.
Maybe, maybe not. Last time it took 9 months to get a Journal piece published. It's been 10 months since data lock, but probably only 6 months since they were unblinded and able to shop to Journals. We also don't know if they have been granted an extension for covid delays or something else. I'd still like to believe it will happen before the 1yr mark of data lock. Maybe get some cryptic tea-leaves next Monday in 10Q.
Well, ended the day with a long-legged doji!
"The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur."
Need just a few strong buys into close to make Sojo's dragonfly into a HAMMER!
Ok, stayed green through lunch....let's see which way we go into the late trading hours. More buying? Profit-taking? Hopefully the former.
go to tools, then more tools, then my image gallery, then select photo, select upload, then post.
We'll see. We are certainly "weeks" close as far as 10Q and potential Sawston update. Having no idea when the actual trial completion was, data release is still the big unknown. Is it August 20th, reading tea leaves from August 20th PR last year? Has there been an extension requested/granted? How long can they sit on data just because they want a peer reviewed article at the same time?
Same story as yesterday. If we hold green through lunchtime trading, we could see a run into close. However, it is likely there will be Friday profit taking from the 20+% run from yesterday by traders. We will see.