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Soj, minimal , we need a reason to keep the warrant holders long into TLD . its only natural that they de risk and its the price we pay for having to survive in the swamp that is the OTC for so long .
We need a new bit of news, anything moderately positive, even a Sawstone fit out complete` etc etc or a new HF buyer as it feels like our friend that got us to these heady heights may have completed his order.
I reckon to finish green today is 60/40 against but ya never know .
But need to hold that yellow support line I posted earlier .
Positive move ? ... maybe
Seeing as TA is the flavour of the month ...
Yesterday someone sold almost exactly 3m shares at 10am , that set the tone for the day , to reiterate Iwasadiver and Anders people de-risk for a myriad of reason thats all yesterday was in my opinion. Trouble is if even 30% or warrants are pre hedged ( by selling the stock ) thats a lot of shares but our volumes are good we actually traded more cash value than AMRN yesterday
If yesterday rattled you then you could think of it like this , buyers bought $46.788m worth of shares at above $1.70... :)
So we filled the recent gap to $1.74 which is actually positive but today we kind of need to hold the yellow line and the double top at 2.50 ish will give us a decent pop when we breach it .
I am convinced we have had one hedge fund buying , fun starts it we get two or three .. that should happen soon.
No M just A
Soj , your charts have recently been very helpful but :
I'm of the opinion that TLD will come November as the charts not ready this month for the breakout.
more or less ...
Oops ..that support didnt last long ...
`Les Goldman Said`..
..has Happy Librarians statement been corroborated by anyone else ??
you can tell ` slowdown ` whatever that means, with a bid above the previous COB with a 8 tick spread 1 hour 45 minutes before the open ....
So either you`re utterly clueless....or short ..
Soj , the only chart point that I see as relevant now that we are in event driven territory is $4.28 which is the bottom of the gap from 22/12/15..
But should we get another one of two HF's buying then we could have a run at it in short order , prior to TLD ...
‘Slow grind up’ .... not sure which ticker you’ve been watching..
.....Nope it will continue at its current rate or thereabouts
Well that’s if you are actually trading at all ...
I am pretty sure that you’re not ...
Foxhound, this is one of yours isnt it :
foxhound02 Monday, 10/12/20 02:20:18 PM
Re: None
Post #
316854
of 320356
Sold at $1.02
Foxhound didnt you announce to us you sold at 1.02...please spare us the details of your amateur hour trade blotter ... Byyyyeeeee ..( on ignore )
that`s a good point a few short years ago $12bn sounded huge ... now its the base ...
Anders / Marzan ,
I posted a screen shot recently of large Pharma C&CE , Merck has $10bn in cash and BMY has $20bn in cash , that means they could raise $25Bn +++ in a heart beat sub 2% coupon easily ...
Correct , listing has to have an opening bid of $3 pps
What are the rules to be listed on NASDAQ?
Shareholders Equity of at least $2,000,000.
At least 100,000 shares of public float.
A minimum of 300+ shareholders.
Total assets of $4,000,000.
At least two market makers.
$3 minimum bid price of the company stock.
Public float market value of $1,000,000.
utter rubbish .
Listen , you could be right who knows , but looking at the price action this feels like one HF accumulating .
Volumes are up on this time yesterday ... we just need one proper HF buyer ... just one ...
Tryn2 - my opinion :
1. Even if we run to a $2bn market cap prior to TL there`s low to no downside risk on unblind / TLD day, and I think its going to be somewhere between pretty good and stellar.
2. If the data meets the primary endpoint it will be approved BUT in contrast to just about everyone else here I know that the share price will already be where it needs to be and that will be based on Novocure's market cap and factors like the Juno & Kite sale price as our price rise will be driven by BUY OUT SPEC not friggin dividends in 3 years time and the actual `approval` will be months down the line and go almost unnoticed. That has certainly the case with other past blockbusters.
3. If the TL data is questionable approval day is then of course a big deal.
4. I cannot fathom the boards obsession with UK approval, the importance of UK looking generously at the data and approving us is only relevant if the data is marginal.
Soj , our price is now 100% event driven , techs are out of the window, ie RSI was 84 last week and look where we are now ..
If any of this is about getting it to patients globally then she has to sell, if its about the money then she wont ..
If youre worried about your investment not maxing our you can always buy shares in the company they sell to but remember greed is never satisfied. ..
The higher we run before TLD the greater the multiples come T Zero ..
1.24 Bid in the pre .... jeez
Excellent Article !
It’s exactly the kind of coverage we need ( and deserve)
Herald Tribune
Right now, NWBO is valued at less than $1 billion. If the trial is successful, and we will know quickly, this undervaluation will correct rapidly. Immunomedics was recently acquired for $21 billion by Gilead with a less promising drug.
I compelely agree about the need for something better than euthanising our cancer torn pets .
why would you want a partnership rather than a buy out ?
...so a $17 pps
..Think about what JUNO or KITE had in their hands prior to their perpective buy outs ... and think about what the last week has revealed just to us what North West have in their hands..... there MUST MUST MUST be a deal on the table with Large Pharma.
ha ha .. actually Bloomberg TV , but he put it very well - he was talking about SPACS which I`m very involved in .