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Re: Umibe5690 post# 425650

Saturday, 12/11/2021 3:51:20 PM

Saturday, December 11, 2021 3:51:20 PM

Post# of 701760
Thank you Umibe, I believe the moderators should sticky this post.

There were several other great posts in the last day, one mentioned the possible roll of the MM's in yesterday's trading. I would suspect that the MM's are shaking the trees by selling to drop the price, then swooping in and buying far more shares than they sold for cheap. Why such a behavior, because they're anticipating good news and most important, they know they'll have great demand from some of their Institutional customers beginning January 3rd, the first trading day of next year.

Institutions purchasing after the New Year's can hold until the end of March, and sell by then and never report ownership at all. They also can buy with the hope that before the end of the quarter NWBO will be selling at a price, and perhaps on an exchange, which permits them to hold the shares through the quarter.

It's hard to say if the MM's got their fill on Friday, or if this trading action will continue. I would hope that no one here is panicked into selling, I look at it as a buying opportunity. Personally I felt I had all I wanted, my account is already concentrated on NWBO, but if it goes any lower, I almost certainly will make it even more concentrated.

Gary
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