News Focus
News Focus
Followers 249
Posts 15756
Boards Moderated 1
Alias Born 08/14/2003

Re: tryn2 post# 681023

Sunday, 03/24/2024 6:29:31 PM

Sunday, March 24, 2024 6:29:31 PM

Post# of 822817
You may be right Tryn, but in the past a single trading halt seems normal, multiple trading halts caused by the same MM's that Posner is suing would be something the SEC really should take an interest in. I suspect the more the MM's screw with NWBO the more Posner will screw with them if it does go to a trial.

I frankly believe that whether it goes to trial or not will largely be decided by how many zeros are in the offering from the MM's. I'd also add that it wouldn't surprise me if some of the smaller MM's agreed to individual settlements to avoid what could be the outcome in court, and Posner and the company agreed to these settlements.

Frankly the winner of the election in November could even have an influence on the MM's decisions as they may believe the SEC under one President may be less vigilant than the other. At this time the SEC isn't involved, but the more attention the suit gets, the more likely that they could become involved. I suspect the company will take Posner's advice on whether or not settling with any one or all of the MM's together, of course this assumes an offer to settle.

The Chinese have an expression, "May you live in interesting times", we're certainly doing that.

Gary
Bullish
Bullish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News