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So we're good then.
Related to 600 dollar stimulus checks I assume?
When I see a pull back such as this I'm frustrated but when I look at the volume I understand that it's meaningless, just as the run up in the last few days was meaningless. It's just static.
I got it. I was just riffing with a lyric from Jefferson Airplane's White Rabbit.
When shes ten feet tall
And if you go chasing rabbits
And you know you're going to fall
I'll get back to you Tuesday.
Perhaps that's the reason the article is out there. It's a "good news but" article and despite the claims of DCVax efficacy it gives critics (Ahem, AF) ammunition to attack the company.
Notice that I said it's the future. The objects in your mirror are closer than they appear. How long do you think it will take to advance these new ideas?
The future is gaining on us
Heat-controllable CAR T cells destroy tumors and prevent relapse in new study
https://medicalxpress.com/news/2021-08-heat-controllable-car-cells-tumors-relapse.html
For those here who are traders and/or chartists how would you describe yesterday's trading pattern? I call it stitching just to give it a name because it looks like that to me but I have no idea what causes it. I suspect it's machine trading because it's very orderly with abrupt small increases and decreases followed by the pattern I describe. I've seen this pattern frequently in other stocks as well. Just curious.
The two things that keep me awake at night are statements by LP that regardless of the trial outcome they would have significant data to present regarding treatment of gbm (last year and I'm paraphrasing) and the more recent comment that analysing data was an ongoing process. The first comment justifies their insistence on publication and the second negates any comment that they would have reported failure in a timely manner as analysis is an ongoing process.
schvinkterjazz! I like that. I'd like to borrow it if you don't mind.
What it looks like is there's no volume.
This is the most plausible scenario.
So, what explains the run up last week?
These repeated falling off the table drops today on light trading and no news indicate manipulation. I can't see it any other way and for anyone who claims the stock isnt being manipulated please provide an explanation.
Get along little doji.
Not excited by any of the speculation. The price drop the last few days and recovery today are meaningless without accompanying volume. Just more day to day drift.
Aaaaand it's back. I bet they can do this two or three more times before close.
Ex has stated Sawston is plan B for LP if the trial results aren't good. Manufacturing drugs for other companies is a lucrative business. I certainly don't discount that theory and if you buy the possibility that it's a fallback plan then putting emphasis on it makes sense.
Much bigger study, much bigger company. Not surprised.
Personally I think it's just a delaying tactic at this point because the government has decided not enough people have been vaccinated and a viable therapeutic would delay that even more.
An article attributed it to the rlf pr yesterday. Too bad rlftf isn't responding likewise .
Well it's tomorrow now and the Swiss are not impressed.
Nonsense. Reverse splits are almost always bad for share price especially in a stock like this.
Alabama next! Then on to Mississippi! ;)
Kramer claimed NRX engaged in a pump and dump scheme on his show today. Should be interesting tomorrow.
Relief Therapeutics Announces CHF 15 Million Private Placement
Relief " or the " Company "), a biopharmaceutical company seeking to provide patients therapeutic relief from serious diseases with high unmet need, today announced that it has entered into a definitive agreement with two U.S. institutional investors to purchase in a private placement an aggregate of 71,428,572 shares of Relief common stock at a purchase price of CHF 0.21 per share. The aggregate gross proceeds from the private placement are expected to be approximately CHF 15 million, before deducting the placement agent fees and offering expenses payable by Relief. The private placement offering is expected to close on or about July 28, 2021, subject to the satisfaction of customary closing conditions.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
Relief plans to use the net proceeds from the private placement to acquire additional assets to expand and diversify its drug pipeline, meet its obligations to pay potential milestone payments and for general corporate purposes.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/relief-therapeutics-announces-chf-15-052000125.html
What do you propose relief uses to buy back shares? Their good looks?
Better for management. But the real point that few seem to realize is that a stock buyback requires a stash of cash which a company like relief doesn't have. Even if relief had income it makes far more sense to invest it in growth. More growth, more income, increasing share price. Share buybacks are for rich companies with no better idea how to spend their money.
Stock buybacks are for rich companies with a few billion laying around and no better way to spend it. A silly idea.
If this Turkey doesn't fly tomorrow I'll know I've saddled the wrong horse. I love mixed metaphors.
Yep, on 16 million shares traded. I think today proves conclusively there's no connection in investors minds between NRX and RLF. Given that, I believe we'll be lucky to get back to 50 cents when the EUA is issued.
NRX is up 20% on nearly 1 million share pre market. It's going to be a wild ride today. Maybe rlftf will tag along on the news despite the press release this morning announcing the issuance of a billion more shares as part of the deal to
complete the purchase of the two companies negotiated earlier
Seems like it could be a grey area, depending on the facts and the laws of "gravity", though gravity itself may only really exist as a function of time, and movement in curved space, or movement in curved space/time
If a gravi weighs a ton in local space imagine what one would weigh in the vicinity of a black hole. Hmm. Food for thoth.
The conference remarks clearly have no positive reaction, in fact nrxp is down now. Lack of statistical data is the likely culprit.
The guns of August come out.;)
I did a search of ongoing clinical trials at M D Anderson using the search terms DCVax and glioblastoma and didn't find any mention of an active trial involving NWBO. Perhaps other search terms will turn up something but my search turned up nothing.
https://www.mdanderson.org/patients-family/diagnosis-treatment/clinical-trials.html
There's nothing of interest there.