NorthWest Biotherapeutics Inc (NWBO)

[trocprofit]

I had pushback yesterday morning when I said this:
"I expect nothing new today at ASM. No update on trial, per last PR. No update on Journal...trial related. No update on timing of anything. The only good news is time is ticking and we haven't had any bad news. If we get even a small nugget this afternoon, price will probably hold where it is. If we don't you know there will be some selling. In this case, selling on no news."

All proving to be true. However, I believe the run up had a combination of someone accumulating shares and dat/swing traders jumping on board. We saw over 1 million shares sold in the last hour of trading alone. A lot of those swing traders should be out. The only selling today would be angry longs and I just don't see it. MM's will try to encourage it (like the pre-market bid/ask), but it will turn out to be a buying opportunity once the early selling dries up. JMHO.