Wednesday, July 13, 2022 12:22:48 AM
Shorts had inside info back in 2014 that pfs trial endpoint looked like it was going to fail. They may have actually believed the trial would fail based on the design of the trial. Thats when they ran the stock price up to 12 bucks. Remember the now bears that were pumping at that time. Anyway there was a big effort to have nwbo reveal data back then in 2015 2016 and beyond. If nwbo would have stopped the trial at that time there would not have been an approvoal.
So thats why the shorts are stuck here. Not enough shares trade down here for them to cover. The best option for them is to collect shares below 3 bucks on news. Below 3 bucks there is no margin available so no access to funds. The stock price was run up to over 2 bucks twice in last 2 years by the short manipulators. That was to condition people to take profit at that level next time.
Does anyone remember back around 2016 or 2017 when I think about 70 million shares traded in a day and stock ran up to a buck from 30 cents. I thought we were on the cusp of the reveal but no.
Anyway the shorts paid abuck a share back then to cover. They will pay allot more now.
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