Member Info for whimax

Thanks SoS. It most probably is pointless, as we both say, but you never know who’s desk it might land on lol. We might have help a little, but we’ll never know. If this is the end of the the blatant manipulation, I’ll be delighted, however it’s come about.

Thanks Y-Alam. Where are you seeing that?

As I said earlier, the algorithm seemed much less aggressive this afternoon. It didn’t slam down the price as usual on Nasdaq open and seemed content to control the price rather than suppress it.

Fingers crossed we’ve turned a corner here. I wrote to Dr Kunwar yesterday and filed a US SEC complaint At the same time. I have no idea if any of this had an impact, but I’ll take what feels like a small step forward today, and hope for the same tomorrow.

GL all

Without wishing to tempt fate, that’s a good as day as we could have hoped for imo. Wider markets were horrible (feels like a Pharma margin squeeze before the inevitable move up) but TLSA finished 4.5% up and a further 3% post market.

Feels like maybe turned a corner but need to check short positions and %ages tomorrow.

Feels better imo. GL

I think this might be the turn guys. Don’t quote me lol.

For what it’s worth, the algo-bot looks a little less aggressive today (just my take on it). Looks to be “maintaining” rather than “hammering” the price.
Just an observation. Be interesting to see Nasdaq volumes and Short %ages later to see whether the “bot” is holding the price here to allow Short positions to close.
GL

2 things here.

Firstly, what does “significant” mean? £5m, £10m, £20m.......?

Secondly, up to £2M per annum ad infinitum? What P/E do you apply to that? 10 - 20?....so that would put the MCAp at £20-£40m with nothing else factored in. I’ll take that for starters with a current MCap of £17m on a left field/out of the blue RNS that hadn’t even been considered before today.

Always a smile and song, eh Chab!! Lol.

If this wasn’t 100% derisked yesterday, it is today.

As you were lol. Heaven forbid anyone larger your run of mill private investor, misses out on a 5% rise in the share price!!
Back up later today imo.

I still say last nights price action on Nasdaq was the final push down. 120p has been the bottom twice now.

Ridiculous!!

“ a significant upfront payment and additional development milestones and a royalty on net sales, capped at £2 million per annum”

Well that puts to bed any funding issues and talk of further placings.
Any chance we can have a day without the usual BS arguments and bickering, and just enjoy what should be a significant day in NFX’s future.

Excellent news.

What is the relevance of it being 50% down from placing price JH, as opposed to 40%?

This is being manipulated beyond anything I’ve ever seen before. There is a reason for that band it has nothing to do with fundamentals or then placing price!!

Keep calm folks. Double bottom at 118p tomorrow imo, then up we go.

Absolute rubbish. Not a chance in hell.

I agree JH, however I have made DR Shailu aware of what has been going on and supplied him with the info/screen shots etc that I have. I’ve also made a complaint to US SEC (and would ask others to do the same) so I can do no more on that front. If the company look into it they will carry much more weight than I do.
I’d suspend trading if it was up to me, until a week before the Record Date, and really make these shorting fkrs sweat it out!!

JohnHenry. It’s NOT completely legal when it’s being facilitated by the use of an Algorithm Bot.

I’m just about to email Shailu.

Y-Alam, where did you get the info about the short contract of 366000 please?

The more people that submit a complaint, the quicker this will stop.
I have just submitted a complaint to the US Securities and Exchange Commission.

I strongly suggest EVERYONE does the same to get this Nasdaq manipulation investigated.

Use this link and follow through the steps. It only takes 10 minutes to fill in.

http://theshareholderactivist.com/shareholder-policies-investor-regulations/how-to-file-complaints-and-report-fraud-to-the-sec/

I have just submitted a complaint to the US Securities and Exchange Commission.

I strongly suggest EVERYONE does the same to get this Nasdaq manipulation investigated.

Use this link and follow through the steps. It only takes 10 minutes to fill in.

http://theshareholderactivist.com/shareholder-policies-investor-regulations/how-to-file-complaints-and-report-fraud-to-the-sec/

I’m afraid it’s probably a case of more questions than answers. We know 2 things for sure tho :
1) there is an algorithm-bot working the Nasdaq in order to bring the price down/suppress/manipulate it
2) Short Selling on the Nasdaq is making up between 15% and 30% of the total Nasdaq volume for 9 of the last 10 trading days

These 2 things are not necessarily linked, but it’s a stretch to think they are not. To my mind the Algo-bot is being used to bring down the share price, because as far as I known you cannot use an alto-bot for short selling. This means that someone is either shorting this on the Nasdaq and is using an algorithm-bot to help manipulate the price down (I.e. one in the same person) OR, someone is shorting this because they know someone else is running an alto-bot and they are taking advantage of that by shorting the stock. The other option (and probably the one subscribe to), is that the Algorithm-bot is being used to drive down the price on the Nasdaq (whoever is using this is also shorting it, because Why wouldn’t you make money from a falling price if you are controlling it) while at the same time attempting to fill a large buy order either for them self, or for a client either in the US, in the UK, or both.

At some point, these short positions HAVE to be covered/closed tho, because if they are not, whoever is borrowing the stock will be liable to pay the owner of those shares the value of the Demerger shares missed out on. So for example, if someone borrows 1m shares to short sell and doesn’t buy them back and return them to the original owner prior to the Record Date, they would have to pay the owner of those shares 1m x the price of each AccuStem Share (because the owner wouldn’t qualify for free shares at the cut off date).
Obviously I have idea on timelines etc for this, but once short positions start closing into a such a small Free Float, this will go up so quick you won’t believe it.

This is being played BIG TIME, so hold on to those shares guys.