Why is the SP still falling if there is such a good chance of acceptance news just ahead? Some on this board will say there is a 95-100% chance of acceptance. I feel like there is as well. However, I must say I’m getting somewhat discouraged seeing it continue to drop the closer we get.
Don't sweat it ERG.
It's perfectly normal price action.
It's dropping because, contrary to what folks here would have you believe, there is a pretty clear picture of when the big binary (approval) event could happen. And we're still a good ways away from that date. People have been exiting/are waiting to get in because of time value of money. They're putting money to work elsewhere until the potential approval and thus price movement is closer.
The market is expecting news no sooner than late May/early June. So they aren't putting the money into NWBO yet. It's not a lack of faith in the product, it's simply strategic.
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