A break DOWN of $0.50 will likely visit a NEW (more accelerated & precipitous) DROP!! Consult a chart. The DILUTION being visited upon this stock is getting to be a BIT ridiculous -- even for a BIO Pharma!
Linda Powers and Les Goldman have a CASH BURN rate that belies the shareholders ability to SUPPORT. Not to mention OUTPACE the presumed upside, which is A WAAAAYS away! Been a GREAT SHORT since last years' spike to $1 PLUS & the price recovered from COVERING (imho), only to be SHORTED AGAIN as the DILUTION continues at an unsustainable RATE (lately).
Problem is the LOWER this goes THE MORE SHARES they have to PUNT!! Get those two to STOP & maybe shareholders have a shot. Otherwise, wait for the covering LOWER -- get them to STOP issuing (at this rate) & maybe a DIFFERENT conversation may be had! https://www.otcmarkets.com/stock/NWBO/security
I give them 9-24mos before they RAISE the AS -- again! Problem is there is NOTHING to bolster the balance sheet into that EARLIER time-frame to forestall (or slow the rate). Let's see a RABBIT!
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