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Re: colmar post# 109450

Wednesday, 03/22/2017 10:31:58 PM

Wednesday, March 22, 2017 10:31:58 PM

Post# of 702712
colmar,

The recent financings created the opportunity for quite a few shares to be placed up for sale to get back much of the money that was used for the financing and or used to cover short positions taken prior to the financing. The financiers would typically do this to the point where they have collected a little gain. They then have warrants to purchase again at a slightly higher price than current as a way to prevent lost opportunity. However, if a financier is working on a capitulation strategy that can somehow be achieved using left over shares after achieving a gain, then they can use those shares to walk the price down, buy panic sells on high sell volume and provide shares to cover naked shorts and or build long positions for next to nothing. Typically a price walk down is done with smaller lots of shares than 25,000 so the poster who stated he would be exiting this week with a large number of shares being sold may also be keeping his promise. By the way, those who bid for shares below the ask at this point in time actually help those who might be working on a capitulation strategy. Best wishes.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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