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Chiugray

07/15/23 9:39 PM

#610211 RE: newman2021 #610078

My speculation of why Shorts would theoretically switch and hope for a buyout.
- a perfect storm of NWBO positive events is gathering on the horizon
- DCVax will get approval and the first will likely happen this year
- that event will trigger a structural built-in supply of global buyers to start buying NWBO. It will be by Shorts covering, by all categories of New Investors broadly, and of course by big money Institutional Investors (after upgrade to an exchange). Structural because Institutions will typically come to own 70% over time, currently it is 0%.
- the current makeup of NWBO investors are primarily insiders, friendlies, and very knowledgeable longs who basically will not sell.
- Major buyers but no sellers create an environment for uncontrolled price appreciation. That is the problem for Shorts in the nearer term.
- So ironically, a buyout of NWBO would help shorts because it places a buyout price cap on the stock price.