Unless the stay is extended which frequently happens.
Don't necessarily take the date of the stay as the "final date." There is often a whole series of stays issued by the court as the previous stay expires. If the trustee feels that more time can "possibly" result in a better deal he will ask the court to extend the stay and the court will often rubber stamp the trustee's request. Note of course that the longer the procedure takes, the greater are the trustee's fees. So it is safe to assume this happens fairly frequently. Of course there is at some point a stay that actually does result in the "final date," but it may well not be this stay.
Why is the volume so low lately?
Is this a plus or a minus? Is it because there are very few sellers or very few buyers?
How much cash does NWBO still have and where is the next financing happening?
Do we expect the "screening" halt to be resolved anytime soon? It is starting to be longer than just a few weeks.
We are still starving for real news and not inuendo and mere speculation by this BB.
Long and strong but growing very impatient.
This link does not work? Is there a mistake? Returns "Not found. The requested resource does not exist on this server."
We don't "play the market" we invest in the market. We look past the end of our nose unlike traders.
I bet the shorts are having a lousy weekend with worry how things will go next week as the steady rise continues past the $12 level over the next few short weeks
No Hash, I am with Ryan on this in spades. In the recent past you would have been right as the shorts were very much in control and could walk the share price down almost at will. And they did it fairly intelligently - most often on top of a weak market or an ambiguous news they could play on.
That is now OVER. with Now with the release of the Woodford filing and his huge accumulation off the market up into the $11s and as they dropped from there. He saw it as a give away which he scooped up as he is very cash rich. Any further attempts to sell down the market, the shorts now realize that these are shares that are gone and will not be available to cover. The pool of shares for them to cover is rapidly dwindling insuring a huge SQUEEZE when the time comes. I wouldn't sleep well if I were a short. Witness the trading on the last two days since - that is the few smart shorts covering their short. The rest will be screwed bigtime.
the other important change was the new update data from London and NY on the update where only ONE patient died in the 9 months since January to Sept. This was HUGE and will make a lot of people believers and buyers.
Finally, the chance that any day the blockbuster news (many of them) will be announced. NWBO will overnight become a triple digit stock. So shorty beware.
So no, I do not think the shorts can readily walk this stock down as they used to as they have lost control and NOW the momentum is UP!
Huge under estimate for all three! AA alone for L would put this at several hundred dollars per share oe more. Do not forget that AA for L also has huge implications for the efficacy of direct so the number would be large just hard to judge how large before the revenue streams actually start. But if the past is any vision of how things will go, once the market is convinced that NWBO is a huge winner - the market will OVERSHOOT, not undershoot!
I haven't seen NWBO this strong since we climbed into the $12's and it looks like we will be back there in no time - and the smarter shorts know that and are starting to cover their positions. Those shorts not as nimble will suffer financial death.
the shorts are really on the run now thanks to Woody and the London update! The proof is in on what the shorts are doing. They are starting to cover before the coming SQUEEZE!
Of course the short attack failed. The shorts are now truly growing desperate. They now know that Woody is buying and still considers NWBO a very good investment as he was buying in July and Aug off the market at prices in the $11's down to the $7's. Therefore there is no longer a hope that the upcoming funding will be a problem for NWBO with woody in their corner. then on top of that, the presentation in London by LP had some updates that were extremely positive despite AF's ridiculous attempt at bashing. The halt in screening does not seem to be a concern for Woody and more importantly any of the regulators or the halt would have been in the trials and not just in the screening! the shorts now realize how thin the ice is that they are skating on. they now need to find better than 14 million shares to cover when the huge bulk of the shares are effectively OFF the market and in the hands of Woody, Linda, Cognate, and other tutes leaving maybe some 10 mil shares in the hands of the retail investor for the shorts to try to shake loose. That long awaited SQUEEZE is nearly here. Any (even) small catalyst can trigger it - eg. the new financing on very reasonable terms from Woody, the end to the halt on screening, or LARGER catalysts that are about due such as info on PIM, info on the HE negotiations, data from and IA in the PIII asking for a halt, more info from the trial for Direct etc. Even without a SQUEEZE just yet, expect a daily upward pressure from here on in of 30-50 cents each day and $12 is a near certainty in the next few weeks just from this constant pressure of shorts trying to slowly dig themselves out of the hole they have dug themselves into in an effort to get out ahead of the SQUEEZE which is sure to come IMHO.
Jerry you wrote: "What if NWBO is a dead end?" All you got is """WHAT IF'''''' Go home and post no more! You are wasting everyone's time!