Pay attention. It's been trading below $11 for many days....the market makers have been painting the tape at each close. This has ended. Look out below.....unless U think there are zero retails and zero funds left to exit. My guess is there are plenty of both classes that are about to dump this POS. Not even talking about the shorts who smell blood.
Another bump for the newbies thinking they'd like to catch a falling knife. This one goes to $5 very soon. Then when the company can pump a dump something really good,,,,,the bounce back will only be to $10, where it is today. But that's a 100% gain. That's the play with this trash.
You B the idiot to suggest that the Fed has ended QE
Better luck next time with your lie
Cover that short while the market makers will let U
If you own MORL, it's a lot easier to look at the market maker manipulations, and the pps swings, and the shorting, and the scared retail wimps, and say....."that's fine, just keep the 20-25% unfaltering dividends coming".....everything else is just market noise.
VLO market makers love it when the idiots sell. In a week they will drive the price up, by manipulating the bid price with their own phony bids (in small lots), causing the shorts to cover, and new longs to jump on board and higher prices.
There are zero drugs "just around the corner, about to be approved". Nexobrid is their only approved drug, and is available for sale abroad, but it is NOT yet approved for the U.S. market (or the U.S. military). It could be years before FDA approval, if ever. IMO only the FDA matters, not the EU or South Korea. They also have a different therapy for wound healing that was just approved for phase II trials....this one is 5-7 years away the seeing daylight. There is nothing else in the pipeline to date. There is no reason why the shorts won't take this down another 50%. It's only a matter of the crooked market makers, and how soon they decide to stop supporting the bid.
They have a reason to keep the pps above, say, ten dollars (for now), because they are the ones who brought the company public. In order to attract new client IPOs, folks like Jeffries can't afford to have one of their recent IPOs be down 80-90%. Doesn't exactly instill confidence among institutional money managers. But in due time, they will let it drop, when MDWD is off the IPO radar. It's very important to understand the role of the various market makers, and to detect their phony bids and asks.
UP 20% YEAR-TO-DATE
Sad time for the shorts. No wonder they're posting negatives hoping there would be one or two idiots who can't read a chart and appreciate the gains, and who might not know the term "the next leg up"......
Bump...for any more idiots thinking of losing money here
We're back to the 10s, headed for the 5s. Listen to Karen and save yourself from this HELL.
p.s. this won't be a "buy" at five dollars, UNLESS they actually begin phase III for Nexobrid.....
I don't know.....I think FDA is the stamp of approval, the gold seal, investors care about. The details of the proposed phase III trial aren't encouraging IMO. Only one unknown hospital participating? Not yet recruiting yet the trials begin in July? This tells me they are months behind the July start if they have not recruited a single patient. Look to the other details and patient exclusions. Folks with more money than you and I are and the stock volume tells me they have serious reservations.
Could it be a case of, a good product for elsewhere in the world, but below standards for what is already in use in the States (incl. U.S. Military). Just not sure, I could be way off. But there must be a reason why the deep pockets are avoiding MDWD like the plague.
Methinks nothing matters until they actually begin FDA phase III trials.....
According to the FDA listing, this is years away from the any kind of approval for use in the U.S. And for U.S. based investors, that apparently is what matters most.....not what Korea does. The market makers are working hard to keep the pps above $12......
look to the volume. It's the market makers who are buying and selling small blocks to each other to attract interest. Happens every day.
When it is revealed that MDWD is NOT in phase III USA trials, and has not been approved for them, what will happen to your $10 per share stock?
Don't listen to the hype about MDWD. Everyone who invested here has lost 20-40% or more. This is a 3-5 year story. Lies abound: MDWD is NOT in phase III...they have not been approved for U.S. trials (if they were, the trial would be listed on the .gov website). This stock will drop another 50% unless U.S. trials begin. What happens in rest of world only means something IF the FDA approves for use in the States.
Also, beware of printed hype coming from so-called analysts, who in reality are the very folks who were the book runners for the IPO. And, they are also the market makers for MDWD. Look at the daily volume, which is getting to the point where it will average 30K daily....the market makers are trying their best to prop up the pps, but the overhead selling pressure is high, and there are literally zero buyers (look and the bid and the ask, and respective lots of each....you will see a pattern,,,,e.g. the second you place your sell order for 500 shares at whatever price, one of the market makers will place a small sell order one penny below your asking price so you are trapped and can only escape this hell at a price with which one of the market makers is willing to buy your shares.
Buy this stock at your own risk.
Only the daft would not see the gift of MORL in the 19s
Therefore, as you would expect, it will only stay in the 19s for one trading session. A great way for the large investors to lock in 25% dividends going forward,,,and that, unfortunately, is why U won't be able to buys shares at them there prices. The market makers won't sell them to U, only their large broker friends and fellow market makers see get those prices. All this is to say, don't hold your breath waiting for 19.00 to happen anytime soon. Remember, the Reit sector ALREADY crashed last year....big money NOW see an opportunity. Do you?
Hopefully another buying opportunity, but the deep pockets know this, too.....so I can only hope. Where else can you get a 20-30% dividend, paid consistently without fail? Plus, anyone and everyone who bought AFTER the huge drop last year has gained significantly in price per share. What's not to love?
MORL does not trade by the chart. It is 100% about interest rates, and interest rate hike/decline perception.