I assumed that given the current disfavor of this stock that if I placed a large limit order for stock at the market that it would get filled very quickly. As it turned out, I found it very difficult and required much effort on my part and many hours at the keyboard to get the order filled in drips and drabs. what ever bid I placed a second later (some computer program?) the bid was raised by .001 above my bid and I got no shares or very few even though I was matching the current ask. It took a lot of time and effort to veeeery slowly fill my order that I thought would fill very rapidly as sellers rushed for the exit. There may be hope yet.
I am a long time LONG, but I must agree with you Jerry (does not happen often). This is a pretty cynical NR and was only released to cover the real news here about the problems for shares issued to Cognate that HAD to be revealed. So SILENT Linda had to put forward some sugar "to make the medicine go down" so she put out this half baked and mysterious "deals" which are not final and may never be with unnamed parties, and rebaked old news on the numbers from PI and unfortunately the truth that the screening hold was ongoing. Note also that the goods news could have been that in the HE negotiations the parties have a conceptual agreement - so clearly they are not even that far along with HE. I am beginning to wonder if they are still talking? This hit close to home - at stocks issued to Cognate - so she had to put out a NR. To bad she does think as much about the interests of her shareholders. Little wonder the stock has eroded so much.
Bottom line, I still hope the science is good - but am beginning to fear that the stock is not!! We need total transparency! Anything less than that will be - far too little, far too late. I suspect that both Woody and I are sorry we ever invested with Linda.
What happened to the LNCGY ADR after the March 9 resverse 1:6 split? EOM
Go home and stay there. You add nothing to this discussion as you grind on and on with mere assertions.
Go home. I hope your ice is melting as NWBO goes up and you lose a lot of money on your shorts.
Actually, He DOES mention NWBO by name. He said a deal was in the works with big pharma (MRK and BMY) and NWBO.
Get lost!!!! This is the NWBO BB not CERS!!!
Yes, the separation protects a "part of the equation" in Cognate's hands - BUT that protection is all to the benefit of LP and NOT AT ALL for the benefit of NWBO shareholders if NWBO goes bust and Cognate remains standing.
I do not get it. If NWBO is essentially paying for the entire Cognate build-out alone, with money raised from NWBO investors, then why shouldn't the build-out be done WITHIN NWBO where it will benefit the NWBO investors rather than benefit LP who controls Cognate.
Has NWBO posted the 4th QRTR and 2015 YR-END results yet? EOM
Zacks March 17, 2016 report has a BUY recommendation on NWBO.
90 days from what? what might happen then?
This was posted on Ihub and is a fair question. Do they think that in only 60 days someone will pay $3 a share? That could only happen it some good news is expected soon.
"Interesting that the overallotment option at $3.00/share is valid for 60 days. Do they expect something good to happen in the next 60 days that would entice the investor to pony up $3/share?"