Stock of Interest (NWBO): Potentially Lose $0.5 or Gain $30 or More in Near Future

本帖由 GlobeCitizen2016-09-25 发布。版面名称:投资理财

  1. GlobeCitizen

    GlobeCitizen 新手上路 ID:110879

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  2. fsfs

    fsfs 总支书记 ID:1700

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  3. GlobeCitizen

    GlobeCitizen 新手上路 ID:110879

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    Normal. Those who hoped to make quick bucks on the basis of a negative news (a no brainer for them) by shorting got burned while those who thought they could sell and buy back cheap regretted too.

    Exacerbated on the fact that some funds which still have a stake would sell as the rules of their funds dictate.

    As a result, share price initially went significantly low, down around 35% after market and down further to around 40%, then up some as selling dried out and buying started getting in in the next day trading until the news released in the afternoon. At the end of day, the price had been up about 70% from the low.

    The market having been so used to negative news, which are honestly more than abundant, saw some light at the end of tunnel from the news released the next day, which is significant as it is the first time the company has directly addressed the trial.

    All in all, this is not a normal stock. It has been and will continually go extremes. It is a major battleground stock, but ultimately it will all depend on the trial results.

    Best wishes
     
  4. GlobeCitizen

    GlobeCitizen 新手上路 ID:110879

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    Well since my last couple of posts in reply to two readers which even received no acknowledgement, obviously not much interests here in CFC, I have felt disheartening and lost interests to post anymore. Well, a lot have happened since then. Below just a quick recap for my own record:

    the company voluntarily moved to OTC from NASDAQ for being able to finance continual operations

    it raised about 11 million

    Remember Kat, the beautiful and young British lady? Her recent scan showed her cancer has not come back. Great for her!

    Finally, FDA has listed partial clinical hold placed on the company, and the company has reached its targeted 248 PFS events for primary endpoint readout, and has yet to reach 233 targeted OS events. See link below:

    http://finance.yahoo.com/news/nw-bio-announces-lifting-clinical-143000739.html

    A related SEC filing:

    http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11831872

    Personally I think the lifting of the hold is big in and of itself. The trajectory from here should be steady climb, though not in a straight line fashion and the comany may still need one last round of financing to get topline data readout.
     
  5. GlobeCitizen

    GlobeCitizen 新手上路 ID:110879

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    Too many things have happened and the share price has kept falling as the company awaits for 233 OS events to be reached, which is expected to be in June or July this year.
    Financing has always been an issue for this company, many potential investors have withheld due to concerns about further toxic financing, thus probably huge dilution.
    All in all, it will all come to one's level of confidence on whether the trial can bear a FDA approval fruit. I have bought more shares as my confidence has not changed as finally we now see some insider activities.

    http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12012896
     
  6. GlobeCitizen

    GlobeCitizen 新手上路 ID:110879

    注册:
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