NWBO management doesn't buy NWBO stock they are given the stock -- the board has been very generous to itself -- CEO has 139 million shares/equivalents. Shareholder class action suit is claiming they awarded themselves $41 million for no reason, violating prior terms and conditions for stock awards. Well see how that plays out.
Who has a investment thesis of a short squeeze (with short interest of only 2.69%)??
The bigger issue is NWBO needs to cover $45 million in debt in 2023 and has no cash. Got to payoff vultures that charge "leg breaker" interest rates. Which only leaves diluting the hell out of shareholders -- never good for the stock price.
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