Even though the available shares for sales seems to outbalance those interested in buying right now, all that volume did mean both shares sold and bought. Someone is very smart and either accumulating shares on the cheap, or buying up in offshore accounts and settling the balance later, or going short (very smart people with very sophisticated algorithms can be wrong and when wrong are usually devastatingly wrong).
The fact that the shareholder count remains stable over the past several years tells you something…1) new investors other than the consistent proportion of swing traders jumping in and oit remains very limited, and 2) Longs are not selling out.
All that cumulative buying and selling is very interesting to see and almost always results in downward pressure despite the numbers of holders staying flat. Buy just a little news, or even the vociferous few members of this board like me who have pumped a potential release, drives the stock sharply higher.
What does that scenario tell you?
I know what it says to me and that along with all the other “breadcrumbs” some of which have laws associated that are there to protect consumers and investors from lies, has me sitting here joyfully watching the clock tick tock tick tock.
Despite the fact that my adrenaline will spike very high when that cuckoo surprises us all and starts chirping 12 times, those short and manipulating this stock downward will have their fake chariot turn back into a broken down, slop hauling, two bit wagon. I hope that wagon breaks so badly that they have big trouble delivering on their required promissory activity and go belly up.
What a joyful schadenfreude I will have to see AF get lambasted again when he is even more wrong than he was about Dendreon (pre commercial flop of course bc I got out between $22 and 51 on my average $1.20 investment before that occurred). NWBO however figured out how to make it better and much cheaper to be very profitable.
