InvestorsHub Logo

Bacchus1

06/14/22 7:09 AM

#486480 RE: Basin Street Blues #486479

do you know how much stock the buyer acquired to help this on its way BSB?

monentum2play

06/14/22 8:02 AM

#486485 RE: Basin Street Blues #486479

Can I ask you why are you mentioning Powerscout. Is Nwbo doing any business with them?

learningcurve2020

06/14/22 8:23 AM

#486492 RE: Basin Street Blues #486479

That should really bother everyone that one buyer would trade so recklessly. If true, I'd interpret those trades as a way to artificially raise the stock price then have retail buy in at the top while slowly pulling the rug for years. The entity who rocketed the share price likely recouped with short plays. Meanwhile the warrant holders could escape thanks to retail longs, day traders, and frequency traders. That'd explain the massive float too.

Very very important to also keep in mind that the company did not capitalize on the high share price. Hmm