InvestorsHub Logo
Followers 162
Posts 13130
Boards Moderated 1
Alias Born 01/26/2016

Re: extrooper post# 629364

Friday, 09/08/2023 5:07:42 PM

Friday, September 08, 2023 5:07:42 PM

Post# of 708742
extrooper,

If you saw flipper44’s chart today you would understand a part of the answer. Institutional ownership has been climbing to 3.3+ million shares while the value of the shares was declining this year. Those folks don’t want a break out any time soon because they are operating under different guidelines than most of the big institutions. They want in as far as possible for less than $5 because after that time they will have more competition. The short positions may be creating this opportunity for those buying or those buying are just taking advantage of what the shorts have been doing. If the former it’s a hedge play. If the latter the shorts are in the pot and the temperature has been gradually rising so as not to create too much of a mass rush to exit yet. Best wishes.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News