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Re: eagle8 post# 669506

Friday, 02/02/2024 9:43:48 PM

Friday, February 02, 2024 9:43:48 PM

Post# of 693229
eagle8,

Just some minor corrections. The price before the advisory committee decision was announced was a little over $5 and ended the first day at near $12.50 which ended up being a one day 150% gain and by the time of the settlement date a few days later the price had gone as high as ~$25 . The legal short position was over 25% which had much to do with this. The legal short position for NWBO is no where near that level and is not expected to ever be. The fun begins when longs get their shares locked up tight before an MHRA decision is announced and if NWBO lines up supporting news to catapult the stock before the markets open then those that have shares on the offer cheap will have time to remove them before the open and create a premarket scramble on the bid as those cheap offers get removed and longer standing higher offers take the stage front and center before the opening bell.
With DNDN the premarket bids were at over $18 and dropped down to $17 and change at the open. Like I said before the close was close to $12.50 and a 150% gain so longs can take a lesson about volatility from reviewing this action. If manipulators think they can hold the price below $5 by shorting, spoofing or other they will try in my opinion. If a partnership is announced that makes this impossible they will cover at the lowest price they can to avoid institutional and or Reddit like involvement. This means that NWBO strategy is key to how this plays out when this time they have the ability to hold the upper hand especially if the court decides that accused spoofers ought to be kept from making a market in NWBO because of court document admission that they do so. Best wishes.
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