Yes, my thoughts are the market doesn't trust the company information arm data, possible conflict of interest Cognate relationship, and the continual non transparent actions. Sometimes the answers we seek are the simplest and right in front of our eyes! No need to hide behind the conspiracy theories, face the problem head on and resolve it. GO NWBO!
Analysts assign more value to what they perceive to be new potential disruptive technologies/science. NW is not viewed as such and is viewed with disdain by some.
Management's ability to manage investor expectations. Period. There are many things that fall under that - audit risk from no cfo, questionable relationship with cognate, delay delay delay - but in the end NWBO is the cause of the pathetic place the pps currently sits at...much to shorts' delight.