Powerful Shorters9 Sep 2020 14:15
I find the shorting here rather fascinating as I think its a group of hedge funds hitting all small health care/bio stocks that have run up a lot over Covid. This co ordinated approach does happen and I experienced it for 10 years with NWBO where all smaller companies running trails where targeted. (often illegally in my opinion )and, looking back now it was a good strategy regarding time scale with them and their balance sheet .
We have money though.
Where are the institutions that invested recently , surely the value equation is through the roof at this price.
The shorter’s justification will be most will fail and go bust .Even if some make it , the other profits will cover the occasional lose.
( this battle is going on now as , after 13 years NWBO have announced data lock)
Ive really taken a hit here and am guilty perhaps of not researching enough and making small money when it hit that high level on the 31/7.It went from 6 dollars to 12 then back to 6. Just weird.
Luckily I can be patient and this COVID thing isn’t going away . I also think treatments rather than vaccines will be the answer to getting people back to normality.
I hate pluging stocks on other boards but NWBO are about to data lock and results will be know in 2 months. Facinating story full of intrigue/greed/average management/but I think a great science that could revolutionise solid tumour cancer.
Prof Keyoumars Ashkan who is a very respected neurosurgeon at Kings Collage, who has been treating people with it for 8 years both as part of trail and compassionate treatment is calling out for its approval.High level praise indeed.