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Legend431

06/07/23 10:52 PM

#599668 RE: ATLnsider #599651

Social media and ihub have little to zero impact on this stock. More people talk about NWBO than any other stock I have followed (other than GME) the social media army as you refer to them posts way more good (even more good than NWBO posts) than shorts post bad yet the stock is still sub $1.
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Legend431

06/07/23 11:33 PM

#599673 RE: ATLnsider #599651

I would think that if the spoofing was continuing this week and today and the stock price rose ~15% in that timeframe I would think NWBO wouldn’t have a case then because with the spoofing the stock price is able to rise. I agree that spoofing is illegal and shouldn’t be allowed however the case is based on spoofing causing the stock price to be surpressed.

In general otc stocks can move either direction with no real news.
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kabunushi

06/08/23 12:20 AM

#599678 RE: ATLnsider #599651

Today the stock was killed a bit by 800k shares actually traded in 10 minutes from 3:40-3:55. Could be some manipulation e.g. buy the shares up in the am to sell in the pm. More likely than not the motive was simple day or swing trading as the stock traded at the top of a 2-day .15 gain and a small herd of traders got spooked individually or together, and/or by plan sold off a big trading position (not all that big $-wise).

Mostly likely just trading algos doing their thing. IMO less likely somebody with an agenda to try to put a cap on a strong rally. Can't blame every disappointing move in the pps on the great conspiracy, not that there might be some truth behind that thought. Anyway nothing is to say that the rally cannot get back in gear tomorrow especially if there is any impending news behind it. Rome wasn't built in a day, slow and steady wins the race, and all that LOL.