Effectively the system is broken when there is so much manipulation concentrated on early stage biotechs. One is, these companies can't get proper valuations for financings. The other is, 95%+ of retail investors will sell out and lose money.
And then there is the 1 in 10,000 biotech companies like NWBO and DCVax platform, that will go through the valley of death and come out to break Murphy's Law and all the laws of stock manipulation gravity. And the company, its shareholders, the patients, and the industry come out and are made better for it.
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