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Re: Steppenwolf_Speaks post# 61941

Wednesday, 05/18/2016 5:45:23 PM

Wednesday, May 18, 2016 5:45:23 PM

Post# of 699493
Steppenwolf Speaks,

You have been right about the stock price trend over the last 18 months as you stated so kudos there. This is an investment site so your perspective should be viewed as valuable since time has proven you correct. I have also said for a while that a scorched earth effort to drive this price down could well take place. Earlier this year I suggested news would probably come either in March-April or not until September. This view is based on historical active periods of regulatory agencies. The "Sell in May and go away" crowd has obviously made their presence felt in the recent weeks with NWBO as well so why the slow burn down from those who are negative on this stock instead of all out attack to force an earlier reverse split or bankruptcy possibility? Are they meeting resistance? We know NWBO will need cash again before September and that a reverse split could be held off until then based on a 180 day allowance to regain compliance once a price noncompliance letter is sent. This notice has not been given yet due the short period of time that has elapsed with the price under $1. With institutions accumulating more than selling, as I suggested might be happening and you countered thinking that this was not so, the evidence seems to point to a range bound cycle or even a rebound sometime in the next few months. I am sticking to the September or slightly sooner time frame due to the investigation report possibility and need for funding perhaps forcing the issue to some extent. What do you think?
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