News Focus
News Focus
Followers 3
Posts 162
Boards Moderated 0
Alias Born 11/23/2013

Re: Smokey21 post# 73862

Thursday, 09/15/2016 7:55:25 PM

Thursday, September 15, 2016 7:55:25 PM

Post# of 819922
Smokey, I think we've all been trying to wrap our heads around what has been happening over the last 4 or 5 trading days, given the extremely high and unusual volume. Just my take here, and others feel free to jump in. On Monday and Tuesday, on crazy volume the stock was rising pretty quickly. I don't think this was a leak of info on the warrants being issued today. I think it's from something else not known to us retail investors yet. The warrant deal was probably formulated at least a week ago. A lot could've happened between then and today and the buyers from Monday and Tuesday were possibly caught off guard. However, there was still strong demand for the stock today. It does appear to be a lot of selling also, but looking at the sell volume, the only person who could put this much supply on the market is Woodford, and I feel certain he is not unloading at these prices. So, I think it's churning. TC probably knows better about how HF's cloak their trades to make them appear as buys vs sell and vice versa. The volume tells me we are at or near an inflection point. The available float is somewhere around 30 million shares. It appears to me, maybe one buyer, or multiple buyers are working diligently and systematically to remove the available supply. We may see more gyrations than a Miley Cyrus twerk fest before we can establish a solid uptrend, but I think it's coming. GLTU and ALL Longs.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News