Replies to post #681029 on NorthWest Biotherapeutics Inc (NWBO)

[insidernews]

But, generally in that case the stock probably already had a run up

[jimmy667]

There are at least hree possible reasons a stock would dive on FDA Approval
1. The first and obvious normal one would be the stock ran up then FDA Approved but with a black box warning. 2. Stock ran up and all assumed it would be approved so no surprize and nornal profit taking sell the news on execition risk. 3. Heavy shorted stock on OTC that most instititions can not buy and of a small market cap and large float that the MM can easily msnipulate on behalf of Hedge Fund clients and their own accounts.
NWBO should ideally Partner Up and Uplist to a Major Exchange prior to Approval

[attilathehunt]

Was it HGSI. Their lupus drug got approval it ran from single digits to mid 30s before getting sold for about 18 if I remember correctly.