InvestorsHub Logo
Followers 60
Posts 8318
Boards Moderated 1
Alias Born 10/30/2015

Re: doingmybest post# 80163

Saturday, 10/22/2016 10:58:53 AM

Saturday, October 22, 2016 10:58:53 AM

Post# of 727376
The thought had crossed my mind as well.

Md, if you think approval is this close, why do you think LP would sell 14M shares now at this price? As a contingency or to give NW an opportunity that he may not have had or to keep clear with Cognate? Or? I ask because this is not an insignificant number of shares to sell now under those circumstances.


My guess is that NWBO is running on fumes at this point and they need to begin to put together the phase II for D, which probably means payments to Cognate. They simply could not wait another couple of months and this is the best they could do.

Because of the uncertainty of dealing with the FDA, there's probably no comfort in knowing you're close, but still need responses from a slow-poke government regulatory body.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News