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Awfully quiet here this morning. Are we starting back with FOMO Friday's? JD thinks $1.46 today....I think $1.34
Your trend lines are good. Not that you asked me. Confirmation comes from MACD below, hasn't been positive since late May, early June. If this confirms today and move to positive trend, next week will be solid move back up, IMO.
Marz, When did I miss that post from Soj? Les made that comment recently?
Who's going to take out the $1.15 ask????
I am hopeful you will miss out. If we get through mid-day in the green, I think we rally into the afternoon.
Volume yesterday was highest since May 18th. Nice hammer on chart from yesterday. Could be bottomed out, just need confirmation and move/close above $1.15. Let's see.
Yes, several exchanges this week, but nothing helpful as usual. Quiet period, Oct. 5th PR, etc. I know he can't say anything to one person. I was trying to get clarification on official trial end date and if it was between July and August PR's last year. If so, and if they plan to stay in compliance, we would have to see topline by the 20th of this month. I highly doubt that will be the case.
Looks like OTLK presented good Phase 3 results and is getting hammered. Notice in their PR they state they will present full data at a conference this Fall and submit for a peer reviewed Journal article. Probably why NWBO is trying to do all at once to avoid positive news PPS as Journal will be there at the same time to back up the topline news.
At this point, assuming this isn't a leak of bad news, and assuming there wasn't a financing deal, I would rather see a wholesale exit of those who are not true longs. Get them out, settle it down and then start moving back up. It would be better than the daily .05 loss, day after day, week after week. If it is not one of the two things I mentioned above, which I would doubt, the volume today seems to confirm the exit at a higher velocity.
Down a nickel a day keeps the buyers away, as they say.
Slow and constant bleed with no news. Period. You need positive news to move any stock. Especially when you have lost communication credibility with the limited visibility we ever had.
LOL. I started on Wall street in 1989. Not all that worried what you think of my word.
Prove what? Larger cap, regular market stocks with institutional ownership (and trading firms that invest/trade) in them, use TA and follow those trends and chart lines more than start-up, OTC biotechs. They input algorithms for exit and entry points. Should be common sense, right?
usually not in OTC stocks.
Stay Tuned.....per DI. Been saying that for almost a year. I just hope we don't see a shareholder lawsuit contesting the quiet period strategy and the 1 yr trial end deadline. Who knows when it is/was and where we are. They can say all they want that loyal longs are patient but that will end with no news.
As DI told the poster today: "stay tuned".....and watch this tank under a dollar.
The Bleed continues. So easy to slam this with no buying.
Hopefully get some insight into any revenues when the 10Q comes out on the 15th. Although it would be better to have a PR prior with real news.
He is referencing the requirement to produce data within one year of official trial end date.
As vague as he has to be. Still approaching 1 yr past data lock and could be a week away or could be a year away. That's the problem with their decision to go into permanent quiet period.
This Thursday is 10 months from data lock. Less than 2 weeks from 10Q. August 19, 2020 PR states final, final data collected from third parties. Trial officially over. Do we hear about more delays? I don't see how we can continue into mid-August without topline or a true update with real info.
I used to look forward to FOMO Fridays. Unfortunately, zero buying interest.
Yes, know-nothing. I think he's like 18 years old, lol.
If we get over $1.30, I would believe it.
Zero buying, up a few cents and then knocked down easily. We have no catalyst to move higher. This wait could be another year until we are told otherwise, if we ever told anything. We have lost any momentum we may have had earlier in the year. Rudderless with a blindfold on....not a good strategy. And we are on day 293 since data lock...
100% correct. Early after Data lock, DI said they were following the recommendations of (???) for a different path. Maybe IDH? Maybe multiple endpoints? Maybe they were told this is so good you better be ready for manufacturing? Either way, It was clearly stated that the original intention was to release topline by last September and something changed. Then we started hearing the "one shot to get it right." Mantra.
There has been no SEC mandated quiet period. Period. It was a self-imposed quiet period by the company while data is analyzed. I am pretty confident no SEC mandated quiet period ever lasted 9 months, lol. If it was SEC mandated there would have been no PR's since data lock, on any subject.
It is quite possible we will see an 8k with a 10 million share sale/dump, IMO. This selling makes no sense.
Yep. Haven't sold a share. Why, I don't know. I guess if it goes below a dollar I will look at it. Either buying or selling....up to the company. If they stay silent I may be inclined to walk away.
We don't know if the selling was tired longs or covering warrant shorting.
We don't know what the FDA knows, or if they recommended anything.
We don't know if Sawston will be approved this summer or not
We don't know if LP is negotiating a sale (doubtful though)
We don't know if any BP is even interested
We Don't know if a Journal has been approached or accepted article
We don't Know which of the 6 "steps" to topline we are in
We don't know when the official trial end date was
We don't know if they asked for an extension to release data
All pure speculation. It's the only thing we have to do as LP refuses to communicate with shareholders, which of course she said she would do...and hasn't.
Unanswered: Has anyone here ever seen or heard of a biotech going 1yr past data lock to release data?
Does anyone know of any biotech that took a full year to release topline? Especially on a small trial of 331 patients? Yes, I know it was a long trial but based on death events, it's not ten years of info gathering on every patient. ALL data was gathered and in the locked database by August 19th last year. Best outcome for patients and shareholders is to get topline out and the product to market.
You are many months behind in your timeline. I believe everything (topline) is ready to go pending Journal peer-review. I don't believe we will get there, but we are 9 weeks from 1 yr post-data lock. It would be criminal if we don't see the data prior to that.
Awful action. No more Friday fomo after almost a year. They could literally drag this into 2022.
Well, Marz, unless you and your minions start buying, looks pretty red to me.
"All I want is the frekkkkken TLD".....DITTO.