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Re: spartex post# 62683

Monday, 05/23/2016 4:19:48 PM

Monday, May 23, 2016 4:19:48 PM

Post# of 705558
The XBI dropped 40% in the same period during NWBO's collapse. So while it is not a dominant contribution, it is double what you estimated.

If a bear wants to complain about NWBO being too shrouded, or complain about the NAS violation, then I would yield to that. But they talk like there is proof of gross mismanagement and lack of efficacy, when that simply isn't the case.

In the end, maybe efficacy will not prove out, and maybe the mismanagement will prove major. But right now we may have only a relatively minor issue with the NAS and that's it. Beyond that is the shrouding, and that may prove to be necessary. Agreed that faith is needed, and no reason that you have to give it, but that is an option that many longs have chosen to take, based on what clinical data is available and what little is known about the NAS issue.

For the most part it looks like the dramatic share price drop is due to manipulation. The market forces and the screening hold and NAS issue are large, but not large enough in my opinion to account for this large a drop; about 1/10 the norm, 1/16 the peak.

So from my view, the largest thing going on is the bears manipulating and or shorting this thing down and then claiming that the extremely low price is proof of a lack of efficacy or gross mismanagement. Heinous, and something I will continue to fight back against.
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