Right, the Chinese don't want to make money so they are selling to keep a lid on the stock. Too funny, sort of like the climate change alarmists reasoning that big snow storms are due to global warming.
Volume is your friend unless the stock is trading sharply down on the volume and you are long the stock. Question is, will it turn green today and stay that way.
Let's keep this simple. Positive is that Linda has put her money where her mouth is spending about$40 million of her own money on the promise of their seemingly unique approach to fighting cancer. Negative is that the small market cap belies the fact that big money doesn't believe them. Second is that that have been working on this for decades and no real information or progress to date. Thirdly, IMUC, a competitor that shares the same doctor having conceived their approach has recently posted negative news on the results. Given the bias toward the negative, NWBO is a very risky stock to tackle here, imo.
What you people don't understand is that the same doctor is the brainchild of the procedure for both IMUC and NWBO. So I would infer that the IMUC news is NOT good for NWBO.
"Risk is always 50/50" "When you win the reward is almost infinite". We hope you don't teach probability and statistics as your profession. Who is really the moron here?
Instead, she flops as the ultimate fader spanking everyone hard and blowing up portfolios. I think the secondary is coming theory is a good one. Pathetic action. Have to sell these biotech's when they pop like that unfortunately. The market landscape has changed.
Are you serious? They have a distribution agreement for China. How many people are there in China? You do the math.
Oh it's all orchestrated alright, the sell off that is. When you have that many shorts in a stock and they scramble to cover, the stock spikes up sharply. I am sure you have heard of a squeeze. What I am seeing today looks more like continued naked shorting. Whatever, good luck with your position. I sold mine.
Whenever someone says "easy", you can bet it's not going to happen. Shorts still in control of ROSG, imo. Look at the trade hovering near the low so far all day despite the huge volume. Wouldn't be surprised to see it go red never mind $5.
Scottrade along with etrade perhaps the worst brokers for shorting stocks. try Interactive Brokers.
Obviously you have no idea of the significance of the deal they announced today.
Was looking for at least $62mil in revenue and .25. Like I said, it is the reaction to earnings that are important. Let's see if it can rally a bit tomorrow, but I am out. Sold most earlier in the day. As a rule these days, never hold through earnings.
It doesn't matter what the numbers are really, unless they are way out of line somehow. the company already issued great guidance. It is the reaction to the numbers you have to watch for, especially on these low float China names. Could go either way but I am betting long.
Even better, I like to be conservative in estimates. It appears the possibility of good earnings is keeping a floor on the stock price today.
Looking for $63mil in revenues and .25 eps after the bell. Anything around there, stock may go to $10 assuming it's a real company. After all, they have been vetted once already for real numbers irrespective of what the ill informed on this board keep spouting.
Sure GRO...losses .71 per quarter but it will be sure to explode. Everyone ahas the next China 3 bagger but no one reads the earnings report I guess.