It looks like the lawsuit was a last ditch, hail marry pass. But is there a chance in hell that this company survives and maintains its NASDAQ listing? Or is it all over?
Where will it go, nobody knows!
How many shares do you think there are? I don't think anyone truly knows what's going on here... After the most recent run to around $4, what happened? Was Iron Ridge selling shares that NEWL disputed? Can someone explain?
I leave for a week and the whole operation's in shambles. What's going on here? Everyone at each other's throats? For what? All this back and forth nonsense and creation of new aliases to stack the odds in support of your ad hominem attacks on one another is ridiculous. I know people were always insulting each other, but it just seems to be getting worse. I'll probably check in again next week at any rate to see if there are any signs of life left amongst this sea of madness, but until then, enjoy the modest appreciation in share price and do whatever you need to do to ease the tension a bit if possible.
History suggests that this stock sucks. But also, I recall Spiro buying at $3 before the last run up. We've broken below $3 and have since seen volume picking up quite a bit. I intuitively believe the stock will not go much lower; however that's just my gut feeling. I'm also aware that there are more shares on the table now thanks to the secondary, but I think that we'll see the price rise as we move closer towards data readouts etc... Who knows though. I'm not pumping here or bashing. I'm just enjoying a green day (so far).
While I don't deny that posters have attempted to pump this stock for months, I'm thrilled to see any green here. I don't care if it's only 10 cents, it's still better than it closing red.
You've been quite accurate with your predictions re: share price for the last few months. I notice volume is picking up and the trading range seems to be tightening. Do you still believe the stock will go much lower? To me, it looks like it's forming a base around here. What are your thoughts?
Can anyone clarify how many shares there are? What's the market cap, and can anyone provide an estimate on debt vs assets? This info seems hard to find. Good luck everyone.
Credit given where credit's due. You've been the most accurate poster on this board when it comes to share price. What are your thoughts going forward?
I know a lot of my posts on this board may come off as skeptical-and that's because they are. But I'm always happy to see the share price move up on higher than average volume. Although the talk is on Saturday, it's still better than nothing and if the information's worth anything, then it won't make a significant difference that it was shared at 6:30pm on Saturday rather than at 3pm on a Friday.
So today has been a good day so far, and I look forward to more days like it. I hope it's the first of many.
Yeah. This stock has been a sleeper (putting it nicely). It's being traded as though the shorts KNOW that nothing will happen to jeopardize their investment. If there were ever to be genuinely good news (read: not fluff), then this stock could experience a short squeeze of epic proportions...That said, I'm still trying to figure out why shorts aren't covering at these levels when P3 enrollment is nearing completion. I get that investors bet against approval, but I'd think that they'd wait for the stock to go up a bit before shorting. My best guess is that there are short traders who've been in since the PPS was much higher, so they don't care if the stock rallies a bit, as long as the treatment fails eventually...
Looking at the further bids/asks, it looks to me like the downward pressure has subsided for now. I'm thinking the bottom may be in around these levels.