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Thursday, August 22, 2019 2:43:12 PM
If you want to use Woodford selling as the catalyst for nwbo dropping from $0.34 to $0.20, there are a couple of other issues.
1) nwbo price started dropping well before any discussion of Taubman engagement.
2) There has been no increase in volume, which would make it hard for Woodford to be the massive seller some claim.
Let's go to the data. August is partial month, obviously.
Month Avg Daily Volume
Aug 1,128,460
Jul 951,927
Jun 862,885
May 1,436,468
Apr 811,652
Mar 1,490,748
Feb 888,700
Jan 705,557
So where is the elevated volume from Woodford selling? What about those short sellers supposedly getting in front of him? Did all other sellers of nwbo just get out of his way and give him all the volume?
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