Bought 3k more at 0.77. Either I'm dumber than a stump or a genius. Next days will tell it all. We are at the edge and Linda's running out of time and money to pull it out.
This is the first positive movement since I believe the third quarter of last year. We are still so far under water that we aren't even close to feeling good about the pps. Any thoughts of a buyout are really unrealistic. We have some milestones that may be in play. Perhaps, ..perhaps the investigation is over and cleared Linda and the Board. Or if we are really really lucky the halt on the screening has been lifted.
We're still under $2 so getting giddy over a possible buyout is wishful thinking. Let's enjoy the ride upward and hope for some significant positive news.
If the dealings were truly in significant violation of NASDAQ regs, do you think three companies would be planning to do either a partnership or sales agreement with NWBO? I'm pleased that this is the ONLY blemmish they came up with and I suspect it makes the independent investigator's job easier.
I expect we should hear very soon that he cleared Linda and the company of any wrong doings other than a possible procedural error. No way that a cloud could be hanging over the company and have any deal go forward.
As a long time shareholder of a significant number of shares, I 've always "kept the faith." However, this latest dilution is a complete blindside after the $12 mil that seemed like an interim fix for cash. Thought the $12 mil was just until the halt was lifted or Germany finally resolved reimbursement. Now this lastest round of dilution with NO explanation.
Linda and co. have burned up any "good will" or "faith" and truly unless someone has definitive information, it is impossible IMHO to buy one more share even a buck seventy-five.
So so frustrating. A few days ago volume spiked and stock ran. Many were projecting partnerships etc. I actually thought we would hear that the investigation cleared Linda and co. Now I'm convinced that any conjecture is merely a guess. The only thing I cling to is that Linda is very smart, resilient and has dragged this company through hell and back and she must have some compelling reason for the deadly silence.
What gives me hope for $1.00 is the Bruce and Claxton still own a boatload at a huge loss. They will find a way IMHO to achieve an exit strategy to increase value.
I noticed that THLD ran on significant earnings (with no actual revenues) news on Friday. I think SNTA is in a similar situation. That being said, is there any reason to buy SNTA at these levels? I lost a boat load last year and gave the company up for dead. Is it? Appreciate intelligent responses...
With the cash value more than stock valuation, would you buy more at these levels to average down? Thought it would offer an opportunity in event of liquidation. Your thoughts?
Long time holder with a significant position. My average cost is $6.60. Given the lack of transparency and communication from the company , I can't justify anymore investment even though I may regret it. Right now $1. looks more likely than $10.
Company has failed stockholders miserably in their lack of candor.
At 85 cents NWBO tests all of the above and more. Never ever ever thought we would break a buck.... Hope Linda has something left in her trick bag, We are all running out of time
I read the release, and then reread the release. Hard to believe we aren't up over $2.00 just on the news. This is an incredible announcement that resulted in a red day...Truly amazing that forces (shorts) could continue to keep this down. I'm long and positive but I wouldn't be so quick to forecast the "roasting" of the shorts. From where I'm sitting, they aren't losing this one....yet!
If you watched trading activity it's like a military battle. Shorts tried yesterday to over run longs and failed. Today in a pitched battle they won. After hours the longs regrouped and pushed back shorts. No knockout blow on either front. If it wasn't my money....it would be fascinating to watch.
You make such a compelling case.. So my question? Why Bother? Would not your in depth analysis be better served on a security that might actually be listed on Nasdaq or be over a dollar? Your comments are reminiscent of short bashers on real stocks or at least stocks that are at least not on the Pinks.
You may have valid points, however they should have taken some measures within their means to explain their actions or restrictions. Their lack of communication has played a major role in the degrading of stock price from $8. We should expect better from management. While I am still a believer in the potential the reality is long term shareholders are so far under water that we have no alternative but see this through despite outcome.
Hope you are right. I remember we were a one day wonder with Isis. The spread today was 0.25-..40. Shows why it is vital we get listed and off the Pinks even with RS. You cannot execute a trade that isn't a rip job on a day when there are buyers.
In any event, kudos to Mr. Cobeau.., we've had more positive developments in six months than in last 10 with Ken at the helm.
IMHO and without any evidence, I think the volume increase and price movement is similar to the other zombie bio..THLD... SNTA has cash....and something no one else has, Bruce Kovner. Despite his wealth, he can't be happy about the haircut he has taken with SNTA... Something will come out of this .