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.
Hard to have a run up with no buyers. We might not hit 2M traded shares today. The MM day trading seems to have taken a break.
It looks like the MM's have put a stop on their day trading in the stock, at least temporarily, as there have been almost no trading for a good 30 minutes plus.
I look at it this way. They have done everything they can to lay out hints to people seriously following this company that there will be good news. They have told us all that the time frame for adding to our position is not indefinite. It seems like they just want to make sure that all you guys who have been supporting this company for a gazillion years will have the chance to add to your position and not get caught with the pants down. I might be naïve and my lack of experience with the management could be a problem for all you warriors who have been fighting for years. They didn't have to say anything about when they hope/expect TLD to be released. They could have stayed silent and surprised everyone with the news.
Again, "Very soon" is not a definite time.
You are 100% right in that I have no painful past with this company. I can feel your pain from previous investments, but none that went on for as long as some of you have experienced with this company. That being said, I do know how to analyze statements and all of their statements have not been referring to a definite date, hence they have understood that some of the factors were not within their control.
Anticipating=hoping. Providing further updates has no time frame for when those updates will be forthcoming.....
That was exactly my point. The SP is 100% influenced by MM's automated algorithms making a few bucks and maybe the 16M shorts going in and out of the stock. The few moves upward have likely been people being told about the company and getting a position as well as some of us adding to our position. I am not worried if it is at 0.60 or 0.90, I just want to make sure that when the good news comes out, the Company is ready for the new situation they will be in.
They have twice mentioned a time period and both times it were not a definite time. They said "sometime after Labor Day" and "Expecting" to come out with data in Late September. Those are not definite terms. They are dependent upon outside factors that are not within their control, such as Flaskworks production line, the UK facility and Regulatory Agencies. They should not release any Data before those are somewhat certain. I agree that in an ideal world, they would at least come out with a PR that says something to the fact that they will not release TLD until they are in control of those issues, but they have hinted that they feel extremely confident that they have a winner, by getting financing, acquiring Flaskworks and submitted an LBA to SNO.
Ex is grasping at straws with some non-coherent statements. Any event that could have an adverse affect on the SP, is material. Not releasing this information, is clearly a violation of SEC rules and would open them up to shareholder liability.
sorry, that was the 9/15/20 number
16,592,818 shorts according to FINRA website. That was as of 9/1/20
I think it has, but the people it has leaked to are careful enough to not disseminate the news and thereby getting into legal trouble. I think those people are fully positioned and patient. It is almost impossible for this not to leak and make a few people a little extra money.
The Data lock can be deducted from LP's speech on the 12th. I was mostly referring to making statements about the results and answering investor emails. I hope we can agree that if no statements, period, then there's no liability for misstatements? As a retired attorney, in this environment, I would advice they just stay silent until concrete data is released, in order to completely eliminate any chances of shareholder suits. These days, shareholders are suing left and right, often without a case, just to affect SP. I gather this has happened to NWBO in the past, so looks like they have learned from the past.
With the current trend of Shareholder lawsuits for misleading investors, they are smart not to say anything or respond to any request for information, until TLD is released.
I agree 100%
Love this post.
in all honesty, 0.69 or 0.8, this is a stock that will either shoot up or tank. Other than the amount of shares the difference represent, the purchase price at these levels are pretty insignificant.
added at 0.76. Just put in another order at 0.76, in case it dips a little again...:)
if no news, I hope so. Have another buy order in at 0.76. My position is filled, but the greed in me have decided that the position could be bigger.
9/29 at 11am est
We should do a pool, guessing how many shorts there were September 15th, when FINRA releases the numbers tomorrow. No money involved as we all know "There's no gambling at Bushwood".
My guess is 10M (Down from 13,263,466 on August 31) As there was news released September 1, that should have had a dampening affect on shorts.
I am pretty sure that is an SEC rule that in case the board has news that adversely affects the investing instrument, they have 4 business days to file an 8-K filing with the SEC.
I think bad trial results would fit under Item 2.06
https://www.cooley.com/resource/triggering-events-for-form-8-k
I hope nobody panics at this time. They have likely been unblinded for quite some time. If they had bad news, the 8-k filing must be filed within 4 business days, which again, have likely passed already.
I am sure they are working overtime to make sure that all the ducks are in a row, in regard to the roll out of TLD. If this is SOC changing, they cannot rush the roll out and screw up the initial opportunity for great press and great push.
They might even be finishing up touches on the production line, so they will be ready to ship out DCVax-L whenever regulatory approval will happen in different parts of the world. A process that is probably underway as we speak. I am sure they are consulting LL these days in terms of framing the trial results in ways that the media will understand and make sure that she will be available to be there for the initial roll out.
From the time they got unblinded until the release of the TLD, there's a boatload of work that has to be done and getting it done right will be to the advantage of all the investors.
Please understand that if they answer your emails and says anything by mistake, they could be criminally liable. I am sure they are on an info blackout to protect themselves....
They could care less about anything regarding the company. They are using automated trading algorithms, that work purely on technicals. If news come out, their algorithm will automatically change based on SP and movement. These people are doing this with thousands of shares, so even if their algorithm will cause them to loose a little when SP takes off, they will have made plenty on NWBO. This is all calculated within their algorithms.
I agree wholeheartedly. The vacuum is a great opportunity to coattail on the MM's and make an extra dollar or even buy down your position price by day trading.
The share price is not a good indicator of when the news is coming. It is MM's who are using their automated algorithms to make a few dollars. It could also be shorts trying their best to keep the price down in order to cover some of their losses. We will see tomorrow how many shorts there were as of 09/15/2020.
Muppet, It really doesn't matter if you paid 0.60 or 0.90. This is either a $5+ stock or a $0.02 stock, depending on the TLD. Waiting to buy it if it goes down to $0.30's would just be throwing money out the window, because that would mean the trial failed. If you think (like me, based on the activity over the past few months) that this will be positive news, then buying before news is great, regardless of price.
People like you are holding on to the past history of the company. The news the last few months are serious indicators that things have changed to the better.
days like this are perfect for day trading. with MM's trying to make a few dollars.
With no buyers, these MM's can easily get the SP down.
great opportunity to add to position.
$0.85-0.90 all day with very low volume.
Love your posts, Marzan. I just don't know why you think Merck would make any statements regarding DCVax. They are discussing the presentations at ESMO and NWBO were not there. They are likely prohibited from making any reference to DCVax and NWBO before LP presents TLD, even if there have been discussions about a potential partnership.
We should know tomorrow how many shorts there were on Sept. 1.
Agree that Tuesdays and Wednesday are most likely days for news, looking at track record.
9/29 or 9/30 are my two guesses, so that would be a 2-3 in your poll.
I am well aware of that. My comment was that the volume is extremely low today, and you didn't think so.
We've seen 3-5M first 30 minutes the past few weeks, so everything is relative.....
Absolutely no volume this morning. Automated trading algorithms are working to make a penny. Everyone else are patiently staying on the sidelines.