Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Which way doe this go this afternoon? flatline/down for hours. It will break hard one way or another and unfortunately, the trend is no longer our friend. This sucks.
I believe you have to give a lot more notice than that if there are proxy materials for voting.
If this gets sold down much lower, it may become impossible to recover, as in out of business. The company HAS to say something immediately.
100%. They have every right (and duty) to defend themselves, regardless of Journal, embargo, quiet period, etc...whatever the excuse of the day is. What news org wouldn't want to hear about a david vs. goliath story with a potentially game-changing cancer treatment when BP and nefarious forces are working to stop them? I would be on every channel.
Good start to the day. 3 shares sold pre-market at .805. Can't make this up.
The so called binary event has passed. PPS got whacked. Mgmt strategy failed. If we don't get a Journal this week, I am likely selling and moving on. Even with results that appear to indicate approval and even more promise, I have ZERO faith that LP is a competent leader.
This has been the most mismanaged, poorly thought out strategy I have ever seen. You wait 19 months, creating even more doubt, then release topline without the Journal or anything from the company to talk rave about the next standard of care in GBM and possibly other cancers. It's the only trial to succeed in 20+ years and we have heard ZERO while the Fud's and AF's of the world pile on and control the narrative. Lawsuits coming, IMO.
I doubt there will be anything over the weekend. Their supposed plan of getting Publication to be almost concurrent with TLD presentation is now pushing the boundaries, IMO. A week seems like a long enough time to me, so By Wednesday would be my guess (Hope). Who knows though. This has been a debacle IMO. As I said many times, no matter what plan or when they announced results, or how good the data would be....it wouldn't make a difference. Sure enough, it didn't make a difference, we got pounded. I just don't understand why they haven't changed their strategy post-TLD? It has to be a Journal next week. If not, I give up.
TLD in a short presentation is one thing, going into even more detail as the journal should do, would likely violate any embargo. Using aPR about the ridiculous negative posts and stock manipulation should be fine, but they should have done that yesterday.
I am hopeful the reason the haven't is that they can't do a PR right now due to journal coming out this week. If that is not the case then they are plain stupid. I think it will now take the journal and a few weeks to get the word out and post journal, give them the ability to do some press and a victory tour.
When will they Issue a PR with the TLD info? This is all happening in the dark. A couple hundred doctors and interested shareholder saw the data. Shorts POUNCED and weak hands sold or were stopped out. We need the ENTIRE market to see the news and start buying.
There should be another PR from company this afternoon with the results, right? The rest of the world (investing) needs to see this. And, maybe the PR states Journal date?
News is positive. Almost as good as anyone could have hoped. Journal to come. This looks like typical "sell the news" and probably some coordinated shorting. I would anticipate a rebound as this is digested. Remember, very few people have seen this so far, so who is selling?
Over 6 million sold in first 15 minutes, should be on a McDonald's Arches billboard.
F'in bloodbath. This company is awful. Groundhog day.
Yes, I believe it was important for them to get the 10q out this morning. It tells me they have material info they want out in the public, not a quarterly filing's subsequent events.
12 million shares traded on what many believe is the day before we finally get the data. Down. Not what I expected, that's for sure. Either pure MM manipulation (which I am getting tired of saying), shorting (of which I'm skeptical is happening), or more selling than buying....the most likely of the three. That said, why? Why are people selling before the news? I must be the guy at the poker table looking around trying to figure out who the sucker is.....
As skeptical as I am, and if I were a betting man, which I am:
1. NWBO did not put out a PR just to answer the Academy Email that morning stating "exciting updates" about the P3 trial. If it was just to give LL some press, they would not have said P3 trial presentation in the title when the original title did not. They are more careful than that.
2. I also cannot believe they would allow LL to talk about the P3 trial 19+ months post data lock and say TLD is coming. I do not believe she would do it. Quiet period ends at TLD, IMO.
3. There have been multiple assumptive (?) responses stating TLD will be presented. Cloughesy, updated article. Loose lips or guessing? Doubt the latter.
4. I believe the TLD will be better than Interim data. That improvement, along with Meth/Unmeth/IDH stats and crossover data, will be statistically significant in multiple endpoints. They know this. They made this long, exhaustive plan around this info.
That said, I'm 90% sure we get TLD PR and presentation tomorrow.
Agreed. We will know for sure after hours today or by 1030AM tomorrow. If no PR, Not good. Not good at all.
"Our standard policy is that unpublished data cannot be reported unless a direct check with the speaker is made."
-Not sure exactly what this means? So, if NWBO allows LL to report it, we're good? I do not believe LL on her own could just decide to present TLD. If there is a PR tomorrow prior to the presentation, it would be public and therefore allowable.
I can't see a situation, with today's advances and mindset of the FDA, where there would be a redo. IMO, no matter how you parse the data, it will show statistical significance in each category/endpoint. Regardless of the cross-over. I think everyone is past that.
Certainly a possibility with this run up. Many might have requested conversion, and while awaiting shares to their accounts, covered their short positions.
Not sure that is the case. Yes, it may be difficult to borrow shares to short. However, all you need is a margin account, you can short with no leverage (cash coverage) due to OTC risk, right?
Agree, but frustrating. All self-created by NWBO, BTW. Like I said last week, I will have my finger on the trigger tomorrow morning. If no PR, I will likely cut my position by 50% before the presentation.
We might go red. This is unreal, LOL. 5 million shares in first hour and we are back where we started. At .14 it's one thing, but this has been $10 million real dollars traded so far. Big for this stock, and real risk for those shorting.
If you are skeptical of MM manipulation, well then, you have seen it this morning. There is no other reason for the price suppression. No one in their right mind would be shorting into this with a potential binary event 24 hrs away. There are plenty of other opportunities with far less risk. And, as far as selling, anyone in this stock knows what tomorrow could bring. So, you sell before the news?
The only thought is if NWBO PR's today to say "there has been a lot of speculation about tomorrow's presentation and we want to clarify that Lucy has once again, pulled the football."
Makes no sense. It would be PPS suicide if they have another presentation, 19 months after data lock (and PR'ing that it is P3 update), without TLD.
If we do not get a PR by 10:30AM tomorrow morning, I will be shocked.
Ridiculous open. Who in the F@%k is selling this morning? huge bid at $1.99 and 200 shares at $2.00 and they wouldn't let it through.
The markets are opening down heavy, again. Hope that doesn't limit our upside!
Trying to be conservative, and realistic. Need to have a plan with a baseline!
Juno Acquired for $9B before any product approved
Kite Acquired for $12B before any product approved
Neither product candidate has not panned out as planned. With that in mind and the potential for DCVAX-Direct and L, assuming great results tomorrow, I am looking at $15-20B for any deal in the next 3 months. I believe market valuation, after the wild ride I anticipate after TLD/Journal, will settle in the $10-12B range or $8-9 per share until buyout or approval.
I believe we get PR Tuesday morning, TLD Follow up presentation by LL Tuesday. Journal this week. No buyout, not even close. As far as PPS this week, it may be crazy. I believe we will see $5-7 if TLD is as good as most believe. If there truly are naked short shares out there as the company believes, we could see $10+ briefly.
So, the video with Cloughesy was interesting. Slip of the tongue? (Looser lips) When asked when we will see the P3 data he said "I believe it will be presented by LL on May 10th"
I think I am seeing part manipulation/suppression and part accumulation. This afternoon will tell the tale again. I think we pop through $2.00 to $2.15 until Monday. My gut tells me we will know the real deal by Monday....someone will slip up/mis-speak, maybe unintentionally, maybe leak, and let the cat out of the bag. Too many eyes, ears and questions drilling down to see what's really happening Tuesday. Lips get looser when the reveal is so close. People tend to relax and feel it is not as big of a deal when everyone will know in a day or so anyway. And, some want to be the one to say they told someone first. Just my gut.
I think NWBO has several other things up their sleeves. Wouldn't be surprised, based on great data, if BLA is already submitted (read tea leaves of comp plan filings: milestones).
That said, I believe it will be a rocky road after good TLD. Pop, beatdown, pop, etc. until firmly digested and understood. The key, IMO, is to get over $5 so institutions who have been waiting on the sidelines can jump in. That would squash any shorts remaining.
LOL. Yeah, they are there to figure out the root causes.
If Tuesday is really, finally the TLD drop day, I think we will see $2.15 today. I have been racking my brain to follow the sequence of events that tell us we are there and trying to make sure this isn't another rug pull....or self-created hype over a simple presentation.
1. 19 months past data lock.
2. Multiple patents and manufacturing approved and up and running
3. No ASM scheduled yet, why? So they do not have to disclose certain items happening behind the scenes?
4. Multiple presentations scheduled for next 4 weeks.
5. Email from conference organizers...."exciting updates"
6. Followed by PR stating LL's presentation is on the P3 trial. (Was this planned or in response to the "exciting updates" email?)
7. Attendee list shows almost everyone. Is that unusual?
8. LL CANNOT give new info without breaking quiet period. Anything new would have to be unblinded data, which would not be allowed by a Journal, if embargoed, unless it's imminent.
Looks like the morning cleanout is over and bigger bids are coming in.
Does anyone know how often the mgmt team attends these conferences? Is this common that they are all attending?
Almost 2 million shares in first ten minutes. Likely a wild ride today.