I'm going for option 2. Trade slightly higher like we did Friday.
Unfortunately investors with a vested interest in a stock have a tendency to believe that their stock is the 1 and only stock that matters. I wouldn't be surprised if Monday's reaction is lukewarm.
I don't think we will see $3 or above until we have a serious partner or we are approved.
The conservative in me says we'll see somewhere between .3 - .4 on Monday, but if this garners enough interest from risk-tolerant fund managers I could see it pop up close to 1 sometime in the next week. I would say data lock is going to happen pretty darn soon (within the next 6 months for sure), and that should pop it up even further. The real blast off will happen when the FDA approves it.
Keep in mind the rocket ride is not going to be done in just one day! We've got a long way to the top! I would say at least a few years before the company's value is fully realized. Major financial institutions will not start pouring their money in until they see at least a year's worth of profits.
I don’t expect much. I learned not to expect from nwbo until data release. since they really good at breaking the momentum. 2 steps forward then 6 steps backward bashers always found loophole to bring pps to atl. Always happen
I think a breakout int the $.30 - .40 range is likely. Then as more news develops I believe we can expect a retracement of historic levels. Does anyone know what the float was at the time of delisting?
2016 tax loss selling is what took the stock down to the sub .50 range.
It appears that a lot of stock was accumulated in the $2 range before the stock was forced to delist.
Much will depend on the appetite of longs for more shares and that will depend on the financing announcement. NWBO just has not inspired confidence in this regard. If more good news is announced Monday morning as Mr. Bigger has hinted at then enthusiasm might find some momentum going into Thanksgiving and actually move this well over $1.00. Smart investors are going to look at every indicator given about that financing before going any deeper. Mr. Bigger's involvement this time seems to suggest something different and larger as regards financing as did the late filing notice but if no financial or other trial related supporting news is reported by Monday morning the price can probably be held in check by retail traders and market makers hoping to make a quick buck off of the weekend news. Best wishes.
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