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Wednesday, 07/29/2015 8:24:25 AM

Wednesday, July 29, 2015 8:24:25 AM

Post# of 731718
1st biwkly DECLINE in Short Interest since end of April and Price Action

Settlement, Short Interest, Avg Daily Shr Vol, Days To Cover

7/15/2015 10,398,970 745,769 13.943956
6/30/2015 10,865,554 681,045 15.954238
6/15/2015 9,956,495 897,950 11.088028
5/29/2015 9,360,928 323,497 28.936676
5/15/2015 9,258,933 393,360 23.538064
4/30/2015 8,694,898 694,475 12.520102
4/15/2015 9,139,409 587,857 15.546994

Read more: http://www.nasdaq.com/symbol/nwbo/short-interest#ixzz3hHUugpel

No one can dispute the massive tug of war with the shorts use of black pools (commentary from TC Trader) evidenced by Monday's precipitous intra day decline, NOR yesterday's retracement courtesy of institutions and even Beach4life actions on the options front along with Tuesday's large XBI % gains.

Moreover Larry Smith's last NWBO article highlighting the valuation of CELG/JUNO deal was seconded by recent Sanofi/Regeneron deal along with the $2.5 bln IPO valuation of NK late Monday evening.

AND if Larry Smith does NOT mention a bothersome issue on NWBO, it's safe to discount the credibility of naysayers post vs giving any credence here and not validated by market via a posted response.

ALL of the above have been the key share price drivers versus tweaking here.

Point and Figure charts have a $22 price target FWIW.
http://stockcharts.com/freecharts/pnf.php?c=NWBO,P

ALL of the above IMHO are the factors behind NWBO's price action over the last few months.
Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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