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Alias Born | 10/17/2006 |
Monday, March 27, 2017 9:11:08 PM
Rather than selling shares at the top, and raising capital so that they could afford to finish their clinical trial without obscene dilution, they allowed shorts to be the ones supplying stock to an eager public who didn't realize how far off any potential approval might be.
Remember stocks with little cash and high short interest are ones where shorts were selling high to buy low later.
Shorts at sold at 10 bucks a share. NWBO is busy selling shares at 25 cents a share. Shorts made better choices than management did.
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