InvestorsHub Logo
Followers 246
Posts 12865
Boards Moderated 0
Alias Born 08/14/2003

Re: None

Thursday, 07/16/2020 2:53:59 PM

Thursday, July 16, 2020 2:53:59 PM

Post# of 732758
Let's look at what the advantages and disadvantages are of declaring a data lock. To me, the biggest advantage is the higher stock price most believe will occur once it happens in anticipation of TLD being announced. The disadvantage is providing some idea of timing to those who're short the stock.

The advantage of not announcing data lock, just suddenly announcing TLD is the impact of it coming with no warning that may create a greater short squeeze. The disadvantage is that it's being announced at a lower stock price, while the percentage gain might be greater, it's uncertain if the stock price will be higher if you begin at a higher price anticipating TLD or have the impact of the statement with no forewarning that it will be occurring.

I don't know that one month after TLD is announced any of this will make much difference, but if hurting the shorts is a goal, not announcing data lock probably will have the greatest impact. Yesterday I believe someone indicated that the number of shares documented as short was actually pretty small. I never know with any degree of certainty how accurate such data is, but I believe the shorts know some positive things are happening here, they should be out of their position for now. You can bet they'll be back if the stock moves up to a level that they don't believe will be sustainable.

Gary
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News