The cold bloody reality why sp has been so low for so long after beautiful JAMA Oncology paper published, concluding the results are "both statistically significant and clinically meaningful" is that nobody except fucked retails want it to rise or to reflect on the true value of the underlining vaccine.
A. The numerous of lenders that NWBio so far can come up with are in nature and in a understandable way vultures, such as Streeterville Capital which has converted significant portions of its notes into about 47 millions of shares as of April 2024, or Derby Group which has also converted its notes into about 2.7 millions of shares as of Sep 2023. They may have no fault for that because the company just cannot pay them back with cash though, but why we have got into such situation, and didn't Linda see this eventuality?;
B. The short, including the wolfpack naked short, or directly or indirectly the 7 accused MMs of course don't want the sp to rise for obvious reason. They collectively have shorted too many of millions, or even billions to a point they have given up to let the sp rise higher, then to short it back down, or themselves manipulate aiming for a price as higher as they can get, then short. Such usual game for the short to profit from any biotech companies awaiting any binary events is thus removed from their dictionary because of the above and most importantly of the ongoing spoofing lawsuit;
C. The management which also wants to be rewarded shares at low price whenever a milestone is reached with the excuse of preventing potential costly, time-consuming lawsuit so they conveniently shed its fiduciary duty for most shareholders interests, so they are unusually quiet, or sometimes commit such strange actions as going onto the BigBiz bar shows, saying something seemingly to negate a previous or later good news/suggestions, so it seems they can have a perfect explanation if something good suggested not pan out later as expected; and
D. All other forces non-investors who are of course have fun watching the long, the short, the outcast or the like debating, arguing, killing-time posting back and forth. And sometimes they may dip into the water buying some shares, happily or reluctantly join the vast numbers of fucked retail investors who can only pray or dream for a big fat return some time in the future.
The cold fact is we cannot do anything but buying more, or go away holding and waiting for that inevitable news. I have been waiting for that inevitable news for fucking a decade. At least this time I know it's close and I have added shares to a level too bizarre in numbers to fathom by any standard or concept.
God I hope it ends tomorrow, but I will wait, add shares even until "later, in the fall" or beyond, simply I having no other options despite all the above.
Have you add today?
Bullish
