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Can you then please enlighten me about how they manipulated the data?
At least those who have said that (not me) can point to the slides with the trial results. You have yet to show us what you are basing your claims on.
There’s no doubt that several companies are interested in acquiring NWBO. The problem is that the controlling interests have no intention of selling the company at anywhere near the current price, even with a hefty premium added. BP are not traders and will not start buying shares on the open market. That’s not what they do. They will have to wait and see what happens and take it from there. If the share price gets to a level where the added premium (50-150%) makes sense for both parties, I am certain we will see some activity. I don’t know what the intention is in regard to a sale or partnership, but until we see some news and movement in the application process and share price, I doubt we will get any information about this.
When I started investing in NWBO in early 2020, I was recommended it by someone who worked closely with management as an outside merchant and he told me that LP was never going to do anything that would risk DCVax-L getting to market. I understand that we are now so far into that process that the scenario of it getting ‘shelved’ is non-existent, but just wanted to mention it anyway.
I highly doubt that we will see the same anticipatory upward movement that we have seen in the past. The shorts are aware of the increased likelihood of success and want to use this pre-news time to cover. In the past, they would let it run because they felt that this was a failed trial and thought that the higher the price they shorted at, the more upside for their investment. This is no longer their outlook so they need to keep the price down as long as they can. I do not see the SP above $1 prior to news.
Later today we will see how many shares have been returned for the first two weeks of October. The volume was low so I would imagine that it will be less than a million shares. As I have mentioned before, I think a fair amount have been covered but not returned as they use them daily to keep price in check and try to add to their shares. My guess is that they are in possession of several million shares that have been covered but not returned.
These are just my observations and everyone can have their own opinion on these matters.
Sojo, get back to focusing on your health. NWBO will take care of itself, and so should you. Get well soon.
Highly doubt a lawsuit will be part of the news coming from NWBO.
Next 3 weeks should be interesting. I don’t think we will see any anticipatory SP move as the ‘grip’ that is put on right now seems to be very solid and there’s quite a way to go for the covering of short positions. So this is not a pump of the SP, but merely my view that we are getting close to news. It is up to the individual investors to judge if this news will be positive for the SP or not.
“I don’t think that the FDA release is what was holding up the JA submission, but I do think that it could have been an issue during the review process and could have made some of the experts hesitant in signing off on the article.” Text I got this morning from my friend who is my science go to. I don’t care if you agree or not. Just relaying info that could or could not be helpful to some people. If not, just ignore and move on.
It’s still there.
Hahaha. You have to have legal reasoning for a claim. That means you actually have to have proof, which is different from posting unsubstantiated claims on a message board.
Don’t think the actual filing date is significant.
I think they are making sure everything is lined up for the events they are expecting to happen.
No, less than a million has been sold.
You are correct. No info of how many C shares have been sold, just that the amount of outstanding preferred shares are 885k.
This is just my observations of the SP movement today. I am not going to respond to any of the emotional, panicky and manic depressive responses that are made without any factual support.
CDEL have been keeping the SP in a stranglehold for a while, all the while slowly but surely assisting short covering. Today they took a step back and let the ‘kids’ play on the playground. That resulted in an ill timed bear raid that on the surface didn’t look like it was very successful and likely did not result in much success of short covering as well as didn’t keep the SP down for very long. It did give retail a chance to add to their positions which based on some of the posts they did. I didn’t add any shares today but I am happy for those who did.
Based on today’s action, I think we can see an upward movement into the 0.70’s this week as the anticipation of news draws closer. As I have said before, the SP prior to anything newsworthy means very little. This upward movement is predicated on CDEL staying on the sideline and letting the stock price move naturally. GLTA
I think it is funny that every time Merck gets involved with another company, posters start talking about how they are now no longer interested in NWBO. According to my friends in the biotech financial industry, they are still the front runner in any future dealings NWBO might have with an outside company, primarily due to the anticipation of the UCLA combination studies and the future value they can add to the Keytruda brand.
Looks like another big miscalculation by the bear raid squadron. They are moving shares among themselves in hopes to get selling going. Instead they gave investors a chance to add to their portfolio at lower prices. Could be that they are expecting news this week or next. Just my observations and a text I got from my friend SI who said they had added 150k shares today.
Well said.
They own their shares, because they earned them (you can argue that you don’t think they deserve them, that’s up to you). That’s their shares so their money they stand to lose. If you still want to argue that’s not ‘skin in the game’ I can’t help you.
Can’t blame you for your feelings, but the SP is not a worry as there has been a complete lack of volume and hence doesn’t mean much.
They are barred from buying and selling securities while in possession of non-public information, but as the experienced investor you are, you know that.
Yes, they are doing a great job despite a complete lack of shares available. I think that this vacuum in volume indicates that we are a lot closer than November /December. Though obviously a speculation on my part, this happens frequently just before news, which is counter intuitive.
I hate the fact that I am responding to you, but I think the number is likely lower as I think more shares have been covered but not returned as they are using them for daily price suppression/purchasing.
Another 1M plus shares covered from 9/16-9/30. 28M shorted shares as of 9/30.
I am pretty certain that we have not seen much if any day trading for quite a while now. I am basing my opinion on the low amount of shares traded daily. If you are day trading, liquidity is one of the most important things to have to be in a better position to be successful and we simply have not had much daily liquidity.
Today we will see if the short covering has continued through the end of September. The official number is based on the shares returned to the original owner and does not reflect the number of shares bought back and held for future shorting or profit. I think the true number of shorted shares is a lot lower than the reported number, as it is my guess that the nefarious forces are holding quite a few shares to be used to keep price lower for additional covering or for profit in the event that the price should soar on news.
I get a good chuckle out of posts like this.
The hesitancy the MM's are showing in doing a bear run on the price is, in my opinion, that there's a fight between the various shorts trying to cover and the shares they would need to sell would be gobbled up by "the competition" and taken out of the market. Hence the slow movement of the SP and the ridiculous bid/ask spreads we see today. Plus they do not want to see retail buying too many shares for long term holding. They are walking a very fine line. I have put some bids up and they try to avoid selling me shares despite it being small amounts. Been a very interesting day to watch. I don't spend much time watching the daily moves anymore, but have had a hard time to look away this week.
EDIT: Just added 4300 at 0.6852.....
I don’t think that what we have seen are nothingburgers, but because of imposed restrictions on NWBO, they have yet to be able to promote the results of the trial. That is the reason for lack of buying which in turn has given room for short term manipulation of the share price. I understand that some people view these restrictions as self-imposed, and that is their right to do so.
When you see a stalemate with $0.0006 between bid and ask, you know it is a manipulated SP as no one in their right mind would worry about a $3 difference on 5000k shares.
Let's see how it will work if Section 230 is eliminated.
Summer 2020
When speaking to LP prior to DL (only time I have ever spoken to anyone in management) she was hoping for the ‘compressed’ timeframe you mention. Granted, a lot of time has passed since then.
It is my opinion that there's almost zero 'real' trading going on. There's a lot of movement between MM's with CDEL controlling the price moves. They are hoping for the occasional retail trader selling shares to add to their holdings or to help their clients cover their short position. CDEL holds millions of shares in my opinion and they use them daily to keep control of the SP movement. I am sure most people would be very surprised if they had access to see the actual trades and what accounts are trading the shares. We simply have no retail action going on at this time. It will likely stay in this trough until we see any news.
ADD: They are hoping that some retail investors have a need for cash the longer this takes and they are scooping up those shares. I am sure some investors have bought shares that they couldn't afford and that they need to sell a little to pay bills etc.
I highly doubt the authors are the reason for the delay. These people are focused on their credibility in their field and being a name on something like this is an honor. There might be some who are pressured by sponsors of the trials they are conducting, but being one of a few arguing against something like this could severely damage their reputation in their field.
Spoke to one of the biotech analysts and he thought that because they are already approved for Specials, the manufacturing approval process should be faster than average as most companies do not have a specials program, so he is expecting news this month. That’s obviously just his personal opinion as they do not have coverage on OTC shares.
Adding a little this morning. Can’t see them keeping the SP this low much longer. JMHO
Agree 100%. I am not making any judgment calls on management until this has played out. I am also not disturbed by the time it has taken. When we get some more info post Journal article, I will make my assessment, but holding on for now.
That, plus at this time there's not many other hideouts in the market. I think it will be another 3-4 weeks before we see a positive market shift. Hopefully be then we will have some news and maybe a small upward movement so people who have not yet de-risked their investment can get some of their cash out and have better overall market conditions to re-invest the money.
They are laughing all the way to the bank where they are collecting money for their shares before they lose more value.
He knows but refuses to accept because he can make a vague argument and vague arguments are all he has lefy.