Replies to post #306790 on NorthWest Biotherapeutics Inc (NWBO)

[CherryTree1]

Yes I would say that is very likely the case Flipper. What would you do if you got burnt and the stop loss for lets say 35 cents got triggered and the stock immediately jumped back up to around 60 cents. If it were me I would be furious if that happened to me but what could you do about it? Probably nothing is my guess . . . so yes I agree that anyone that got burned on Monday would be unlikely to put in another stop loss and all the people that are reading post like this and understand what happened to them wouldn't do it either - IMHO.

[GermanCol]

Flipper44, let me offer you my opinion as an answer to your question. I disagree with the following statement from CherryTree1:

The price dropped to something like 0.5 cents. Undoubtedly all stop loss orders were triggered at that price so nothing left to cancel.

If you look at the trades that day shown below, there was only one at 0.005 price for just 169,000 shares (transaction number 1676 at 10.44:29). All the trades before and after that one, have normal prices for that day. Also the bid and ask for that transaction (number 1676) where much higher than the transaction price and within the normal prices for the day. So what I think happened is that there was a mistake in transaction number 1676 price reported.





So I don't see any stop loss orders being triggered.


PD: Sorry if my English is not the best, it's not my native language.