InvestorsHub Logo
Followers 17
Posts 882
Boards Moderated 0
Alias Born 04/30/2014

Re: Ready4bluesky post# 42770

Friday, 10/09/2015 6:21:43 PM

Friday, October 09, 2015 6:21:43 PM

Post# of 717286
Feel free to enlighten me...but, if Woodford had a good idea that no info was coming until AFTER the October options expiration date...and knowing that retail investors are already edgy, then this would be the least expensive way for him to stop the fall of the share price...if the price falls below 5, then different margin requirements kick in for retail invenstors and the stock will fall A LOT lower. IMO this is an attempt to limit the fall of the share price WITHOUT Woodford further increasing his holdings. If he is to protect his holdings, he has to keep the share price as far from $5 as he can until this options expiration date passes. I am sure it isn't the only thing that he is doing, but this makes sense.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News